PRICE 10.75-11.50 PENCE.
TRADES OVER 10,000 SHARES ARE DELAYED IN REPORTING BY 1 HOUR...

RNS Number:5760Z
Mano River Resources Inc
09 June 2004


Mano River Resources Inc.

NEWS RELEASE

9 June 2004
No: 2004/10

TSX Venture Exchange (TSX-V) Trading Symbol: MNO
London Stock Exchange (AIM) Trading Symbol: MANA

MANO AND GOLDEN PROSPECT DISCOVER DIAMONDS AND INDICATOR MINERALS IN THEIR
SONFON LICENCES IN SIERRA LEONE

* 5 diamonds weighing 0.841 carats from a 250kg sample in new diamond area
* Diamond inclusion chrome spinels and kimberlitic ilmenites recovered
* Potential new diamondiferous kimberlite cluster in Sierra Leone targeted

Mano River Resources Inc. ("Mano" or the "Company") announces the discovery of
diamonds and indicator minerals from within the Sonfon joint venture licence
package in Sierra Leone, West Africa.

Mano's CEO, Dr Tom Elder comments: "We are excited about the discovery of both
diamonds and indicator minerals in the Sonfon licences. Reconnaissance work has
confirmed the presence of commercial sized diamonds and with the recovery of
kimberlite indicator minerals, the Company is perhaps on track to discover a new
diamond-bearing kimberlite cluster in Sierra Leone."

The Sonfon licences are also currently the subject of a non-diamond Joint
Venture with Golden Star Resources Ltd, which focuses on a 3km long by 300m wide
gold in soil anomaly defined by Mano and from which initial trenching by Mano
has returned a best intersect of 7.3m@7.4g/t (see http://www.manoriver.com/mano/
investor/nr/nr0305_17feb.pdf)

Programme results

The Sonfon licences are located in the centre of Sierra Leone and as such are at
the heart of the West African Craton. Mano was aware of historic reports from
local gold miners of the recovery of diamonds in their pans. An initial single
stream sample, weighing approximately 250kg, was collected and processed for
kimberlite indicator minerals. Although the area is heavily weathered and no
indicators were recovered from the sample, it yielded five macrodiamonds that
weighed a total of 0.841 carats. All of the diamonds were recovered in the
coarse size fraction, with two being over 4mm in size.

The diamonds were individually weighed, measured and described by John Gurney's
Laboratory, Mineral Services, in Cape Town (Table 1). One diamond is classified
as a clear white octahedral gemstone weighing 0.315-carats. Two other diamonds
are also classified as white stones and a further two diamonds are described as
brown in colour. The brown stones are characterized by internal cleavages and
inclusions, which implies that they might not have been subjected to significant
transport. On the basis of these results it was decided to undertake
reconnaissance stream sampling throughout the two Sonfon licences.

Some 58 stream samples were collected and processed for kimberlite indicator
minerals. Three samples yielded kimberlitic chrome spinels and a further three
yielded kimberlitic ilmenite. The spinels were submitted for microprobe
analysis, the results of which indicate that they have compositions that plot
within the World Diamond Inclusion Field (as defined by Fipke et. al. 1995). The
recovery of these indicator minerals suggests that kimberlites may be present
within the licences and, furthermore, the chemistry of the chrome spinels,
coupled with the proximity of the five macrodiamonds, implies that any
kimberlites are likely to be diamond-bearing.

The joint venture has undertaken follow-up stream and loam sampling over the two
anomalous areas and these samples have been dispatched to South Africa for
analysis. It is hoped that the results will isolate the source areas, over which
ground geophysics can be focused in the dry season, to identify possible drill
targets.

Mano's Qualified Person responsible for supervising the exploration programme is
Karl Smithson, who holds a B.Sc. (Hons) Degree in Geology from Kingston
University in the UK and is a Fellow of the Institution of Materials, Minerals
and Mining.

Mano's diamond portfolio in Sierra Leone

Mano River has a number of licences in Sierra Leone for both gold and diamonds.
It has discovered an extensive and significantly diamond bearing kimberlite dyke
zone in its Kono diamond field licences. These licences are adjacent to the
Koidu diamond pipe mine of Koidu Holdings, where a 10,000-carat parcel of
diamonds recently sold for $225 per carat. Grades of up to 94 cpht have been
recovered from preliminary mini-bulk sampling of the dykes by Mano and the
feasibility of mining the dykes will be investigated. The Company has a 9,700km2
reconnaissance licence in the south east quadrant of Sierra Leone on which it
has recently signed a US$3.3m joint venture with BHP Billiton for an aggressive
diamond exploration programme.

Kimberley process

Since the implementation of the Kimberley Process Certification scheme, Sierra
Leone has seen its diamond exports for the year 2003 rise to 500,000 carats with
a value of $76million. With the continuing formalization of the diamond mining
industry, and increasing investment in diamond exploration in Sierra Leone, the
diamond production and export volumes are forecast to continue upwards and may
exceed $100million in value for 2004.

About Mano

Mano is a well-funded exploration company focused on the discovery of gold and
diamond deposits in the Archaean terrain of the highly prospective,
under-explored, West African Mano River Union (MRU) countries of Sierra Leone,
Liberia and Guinea. Mano considers the region has the potential to develop into
a world class gold and diamond-mining province. The Company now has over
25,000km2 under licence, close to one million ounces of gold in resource, a
cluster of diamondiferous kimberlite pipes and joint ventures in place with
Golden Star, BHP Billiton and Trans Hex Group which, if they are all fully
exercised, will involve a total of over US$11m in third party expenditure. With
increasing market recognition of the recent positive evolution in the regional
politics, Mano is starting to capitalise on its position as the pre-eminent gold
and diamond explorer in the sub-region.

On behalf of the Board of Mano River Resources Inc.
Tom Elder
President and CEO

For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at www.manoriver.com or contact
one of the following:

Tom Elder President and CEO UK +44 (0) 1235 810 740
Gary Middleton Capital PR UK +44 (0) 7951 603 289
Raz Hussein Controller Canada +1 (604) 689 1700

The TSX Venture Exchange has not reviewed and does not take responsibility for
the adequacy or accuracy of this release


Table 1 - Diamond Descriptions

Sample Screen Weight Form Morphology Colour Intensity Clarity X (mm) Y (mm)
Number Size (Cts)

SOF-1 1000 0.315 B Octahedron White 0 0 4.15 3.15

SOF-1 1000 0.076 B Octahedron White 0 2 2.60 2.40

SOF-1 1000 0.120 B Dodecahedron White 0 3 2.85 2.45

SOF-1 1000 0.259 B Octahedron Brown 1 3 4.00 3.70

SOF-1 1000 0.072 B Octahedron Brown 1 4 3.15 2.50


Forms:

A Equidimensional stone that is equally
developed along all 3 crystallographic axes
and approaching a perfect shape.

B Single crystals that are not equally
developed along all 3 crystal axes and that
may be distorted. Also includes macles and
aggregates. Note: Even very slightly
distorted crystals classify as B.

C Stones that are flat, represent a chip, or
are very thin macles.


Colour Intensity:

0 White stones are automatically set to zero.

1 Colour is visible as a faint hue.

2 The hue is easily visible.

3 The colour is strong.

4 The colour is so strong that it makes the
stone opaque.

Clarity:


0 No inclusions or cleavages and stone is
perfectly clear.

1 <1% - trace cleavages and/or inclusions
present.

2 1-5% - minor cleavages and/or inclusions
present.

3 5-20% - moderate cleavages and/or
inclusions present.

4 20-70% - extensive cleavages and/or
inclusions present.

5 The stone is opaque due to cleavages and/or
inclusions.





This information is provided by RNS
The company news service from the London Stock Exchange

END

Mano River, Golden Prospect find diamonds in Sierra Leone
AFX
Diamonds found by Mano and Golden Star Resources in Sierra Leone..

Mano River Resources Inc and Golden Star Resources Ltd have found diamonds in the Sonfon joint venture licence area in Sierra Leone, West Africa.

'Reconnaissance work has confirmed the presence of commercial sized diamonds and with the recovery of kimberlite indicator minerals, the company is perhaps on track to discover a new diamond-bearing kimberlite cluster in Sierra Leone,' said Mano's chief executive Dr Tom Elder.

Mano recovered five diamonds weighing 0.841 carats from a 250kg sample in new diamond area.

Mano's price rose sharply by 27.7% to 11.5p during this mornings trading.

-------------------------------------------------------------------------------
Tom Elder (President.Tel.: 01235-810-740), Guy Pas (Co-Chairman), Anthony Rhatigan (Co-Chairman), Peter Dwerryhouse, Rod McKeen, Roger HaiatNet Assets

Major Shareholders: Eastbound Resources Limited 17.6%
Management Holding: Other than Eastbound Resources Limited 5.44%

LINKS:
Company Website: http://www.manoriver.com
Stockhouse Bullboard: http://www.stockhouse.com/bullboards/forum.asp?Symbol=MNO&table=list
MMC in Sierra Leone: http://www.mineit.co.uk/page13.html
Country Background: Sierra Leone: http://www.jubileeplus.org/databank/profiles/sierra.htm
Top 20 diamonds: http://brysonburke.com/diamonds_top_twenty.html
Rex Links: http://www.rexmining.be/rdmc/linksandinfo.htm
SL Geology: http://www.africadiamond.com/press/miningjournal.sl.pdf
Diamond Indicators (G10): http://brysonburke.com/indicator_minerals_pyrope_garnet.html
SL History: http://www.slider.com/enc/48000/Sierra_Leone_History.htm
SL Politics: http://www.wikipedia.org/wiki/Politics_of_Sierra_Leone
Power Players in Sierra Leone: http://www.cryfreetown.org/participants.html
Harry Winston, Gold/Diamonds in SL: http://www.advfn.com/cmn/fbb/thread.php3?id=3300051

Ma & Pa Operation / Photos (not Mano!): http://www.brookshiremcdonald.com/photos.htm

Press Mention : Online Edition of Daily Mail;

Mano River Resources was also sharply higher, closing up 2.12p at 11.12p after announcing that it has discovered commercial sized diamonds and indicator minerals in its Sonfon joint venture project in Sierra Leone.

http://www.thisismoney.com/20040609/nm79217.html

Today's Guardian Newspaper :

Mining firm Mano River Resources jumped 2.12p or 23% to 11.125p after announcing it had found diamonds in its Sonfon joint venture with Golden Prospect in Sierra Leone.

http://www.guardian.co.uk/business/story/0,3604,1235327,00.html

Today's The Sun Newspaper :

Miner MANO RIVER advanced another 2.12p to 11.125 after finding diamonds in Sierra Leone.

http://www.thesun.co.uk/article/0,,9-2004262282,00.html

SueHelen,

I have an interest in speculative mining firms - and absolutely no knowledge about them. Can you point me at a few EPIC codes of ones that are in the AIM market that I could add to my watch list - thus I hope to learn, and possibly profit.

My apologies for using you as a free advice source but I am a rank beginner and need all the help I can get. I hgave seen some of your other posts and you appear to know what you are talking about.

Hi guru'

AFG, AFD, NML, MANA, CDN, CDG, CAN, CFM, MIO.

Little pull back this morning in MANA...10.00-10.75 pence...

With regards to MANA...

KPO
SL Dyke results
BHP JV extended to Liberia (?)

All to come soon ....

SueHelen,

That is really helpful. Many thanks.

Couple of large buys have gone through...doesn't normally happen with MANA...

100,000 single protected BUY at 10.5 pence and 149,728 BUY at 10.69 pence.

The test results yesterday was only the first batch from 58 samples
and we could get results back anytime. Yes...58 samples.

Read the report on Mano's website http://www.manoriver.com/mano/investor/nr/nr0410_09jun.pdf

SueHelen

Thanks for all your advice on this, all sounds most exciting!!
I have jump on board with a very minor amount of shares (major for me though).
Please keep up you reports as it really is useful to people like myself who really dont know where to start....

Lets hope I do better with this one than Matrix (MXC) my last disapointing share...

Thanks again...

Simon

I'm sure you will Simon...abudanace of news to come in the distant future. Sometimes on off days there is the need to hold our nerves with the mining stocks as they can be volatile...

The Bollinger Bands are moving in the right direction (below chart) :

SUEHELEN/OPTIMIST23 ON ADVFN YOU ARE SO SAD! RAMP RAMP RAMP RAMP. Complete Pump & Dump like verything else you have ever bought into!

Excuse me....

Price has just ticked up to 10.00-11.00 pence.

RNS Number:6220Z
Golden Prospect PLC
10 June 2004

GOLDEN PROSPECT PLC

GOLDEN PROSPECT PLC AND MANO RIVER RESOURCES INC DISCOVER DIAMONDS AND INDICATOR
MINERALS IN THEIR SONFON LICENCES IN SIERRA LEONE

* 5 diamonds weighing 0.841 carats from a 250kg sample in new diamond area

* Diamond inclusion chrome spinels and kimberlitic ilmenites recovered

* Potential new diamondiferous kimberlite cluster in Sierra Leone targeted

Golden Prospect plc ('Golden Prospect' or the 'Company') announces that Mano
River Resources Inc. ("Mano"), its joint venture partner and manager, has
discovered diamonds and indicator minerals from within the Golden Prospect/Mano
River Resources Sonfon joint venture licence package in Sierra Leone, West
Africa.

The Company's Chairman, Malcolm Burne re-iterated the comments of Mano's
President and CEO, Tom Elder: 'We are excited about the discovery of both
diamonds and indicator minerals in the Sonfon licences. Reconnaissance work has
confirmed the presence of commercial sized diamonds and with the recovery of
kimberlite indicator minerals, the Company is perhaps on track to discover a new
diamond-bearing kimberlite cluster in Sierra Leone.'

The Sonfon licences are also currently the subject of a non-diamond Joint
Venture with Golden Star Resources Ltd, which focuses on a 3km long by 300m wide
gold in soil anomaly defined by Mano and from which initial trenching by Mano
has returned a best intersect of 7.3m@7.4g/t

Programme results

The Sonfon licences are located in the centre of Sierra Leone and as such are at
the heart of the West African Craton. The Company was aware of historic reports
from local gold miners of the recovery of diamonds in their pans. An initial
single stream sample, weighing approximately 250kg, was collected and processed
for kimberlite indicator minerals. Although the area is heavily weathered and no
indicators were recovered from the sample, it yielded five macrodiamonds that
weighed a total of 0.841 carats. All of the diamonds were recovered in the
coarse size fraction, with two being over 4mm in size.

The diamonds were individually weighed, measured and described by John Gurney's
Laboratory, Mineral Services, in Cape Town (Table 1). One diamond is classified
as a clear white octahedral gemstone weighing 0.315-carats. Two other diamonds
are also classified as white stones and a further two diamonds are described as
brown in colour. The brown stones are characterized by internal cleavages and
inclusions, which implies that they might not have been subjected to significant
transport. On the basis of these results it was decided to undertake
reconnaissance stream sampling throughout the two Sonfon licences.



Some 58 stream samples were collected and processed for kimberlite indicator
minerals. Three samples yielded kimberlitic chrome spinels and a further three
yielded kimberlitic ilmenite. The spinels were submitted for microprobe
analysis, the results of which indicate that they have compositions that plot
within the World Diamond Inclusion Field (as defined by Fipke et. al. 1995). The
recovery of these indicator minerals suggests that kimberlites may be present
within the licences and, furthermore, the chemistry of the chrome spinels,
coupled with the proximity of the five macrodiamonds, implies that any
kimberlites are likely to be diamond-bearing.

The joint venture has undertaken follow-up stream and loam sampling over the two
anomalous areas and these samples have been dispatched to South Africa for
analysis. It is hoped that the results will isolate the source areas, over which
ground geophysics can be focused in the dry season, to identify possible drill
targets.

Mano's Qualified Person responsible for supervising the exploration programme is
Karl Smithson, who holds a B.Sc. (Hons) Degree in Geology from Kingston
University in the UK and is a Fellow of the Institution of Materials, Minerals
and Mining.

Kimberley process

Since the implementation of the Kimberley Process Certification scheme, Sierra
Leone has seen its diamond exports for the year 2003 rise to 500,000 carats with
a value of $76million. With the continuing formalization of the diamond mining
industry, and increasing investment in diamond exploration in Sierra Leone, the
diamond production and export volumes are forecast to continue upwards and may
exceed $100million in value for 2004.

On behalf of the Board of Golden Prospect plc

M.A.Burne
Chairman





Table 1 - Diamond Descriptions
Sample Screen Weight Form Morphology Colour Intensity Clarity X Y
number size (Cts) (mm) (mm)


SOF-1 1000 0.315 B Octahedron White 0 0 4.15 3.15
SOF-1 1000 0.076 B Octahedron White 0 2 2.60 2.40
SOF-1 1000 0.120 B Dodecahedron White 0 3 2.85 2.45
SOF-1 1000 0.259 B Octahedron Brown 1 3 4.00 3.70
SOF-1 1000 0.072 B Octahedron Brown 1 4 3.15 2.50



Forms:
A Equidimensional stone that is equally developed along all 3 crystallographic
axes and approaching a perfect shape.
B Single crystals that are not equally developed along all 3 crystal axes and
that may be distorted. Also includes macles and aggregates. Note: Even very
slightly distorted crystals classify as B.
C Stones that are flat, represent a chip, or are very thin macles.



Colour Intensity:
0 White stones are automatically set to zero
1 Colour is visible as a faint hue
2 The hue is easily visible
3 The colour is strong
4 The colour is so strong that it makes the stone opaque



Clarity:
0 No inclusions or cleavages and stone is perfectly clear
1 <1% - trace cleavages and/or inclusions present
2 1-5% - minor cleavages and/or inclusions present.
3 5-20% - moderate cleavages and/or inclusions present
4 20-70% - extensive cleavages and/or inclusions present.
5 The stone is opaque due to cleavages and/or inclusions




This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCFMMMTMMIBBAI

This release is exactly the same apart from its for Golden Prospect who hold 50% of the Joint Venture land.

Hey this ramping stuff, do you really think anything people say on here is going to make a change in the price :) I doubt it, you could be correct though, I invested a whole 400 in this one, bet that ramped the price no end!!!

Some people are so bitter......

Times Newspaper Today:

June 10, 2004

Talking points

Smaller stock to watch


AIM-LISTED Mano River Resources rose 2.18p to 11.18p, after its Sonfon joint venture announced a diamond discovery in Sierra Leone. The exploration vehicle said a stream sample had yielded five “commercial-sized” stones in a new diamond area within the West African state. The Sonfon licences are the subject of a non-diamond venture with Golden Star Resources.

From the announcement yesterday we can conclude that 1 sample of 250kg was taken, which contained 5 macrodiamonds, heavily weathered so no indicator minerals.

separately 58 stream samples were taken over an area to trace the potential source of these diamonds. Purpose not to find more diamonds (although good) but to find the KIs to map back to potential Kimberlite bodies.

These 58 stream sample have lead to 2 areas being indentified for follow up samples - ie the KIs recovered point towards potential Kimberlite sources and they want to refine this further with sampling to reduce the area for the next step (geophysics/drilling).

All positive.

Investtech Analysis :

Neutral (Short term) - Jun 10, 2004
Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. The stock is approaching the support at p 10.30, which may give a positive reaction. The poor liquidity of the stock (traded 100% of the days, mean 7.24 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the short term.

Resistance at 14.00 and 17.00 pence.

Neutral (Medium term) - Jun 10, 2004
Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. The stock has support at p 7.10 and resistance at p 17.00. Poor liquidity (traded 100% of the days, mean 7.24 mill per day) weakens the analysis. The stock is overall assessed as technically neutral for the medium long term.

Volume Balance is very positive.

were u been

So whats all that mean for the share price???

It means the price has support at 10.30 and the indicators are turning positive in that we are out of the falling trend now...

So thats good then yes??

Yes Simon...

Sue,

Do you think that if we get a steady but contanst flow of positive news on those 58 samples the price will develop sustainably or is it better if the news come all at once. Any time frame? Thanks

As long as we stay above the 10.30 pence support then the price is looking good for the short term :

Good Morning Xmortal :

It was my mistake in one of my earlier posts that 57 samples were left yet to be taken. As I understand now 1 sample of 250kg was taken, which contained 5 macrodiamonds, heavily weathered so no indicator minerals.

Separately 58 stream samples were taken over an area to trace the potential source of these diamonds. Purpose not to find more diamonds (although good) but to find the KIs to map back to potential Kimberlite bodies.

These 58 stream sample have lead to 2 areas being indentified for follow up samples - ie the KIs recovered point towards potential Kimberlite sources and they want to refine this further with sampling to reduce the area for the next step (geophysics/drilling).

The newsflow is very good with MANA at the moment and more good news should be coming in the next few weeks....the big target now is KIMBERLITE....

The price of MANA is still undervalued...if we look at the last RNS the board included a special paragraph at the end to supposedly help beef up the price :

About Mano

Mano is a well-funded exploration company focused on the discovery of gold and
diamond deposits in the Archaean terrain of the highly prospective,
under-explored, West African Mano River Union (MRU) countries of Sierra Leone,
Liberia and Guinea. Mano considers the region has the potential to develop into
a world class gold and diamond-mining province. The Company now has over
25,000km2 under licence, close to one million ounces of gold in resource, a
cluster of diamondiferous kimberlite pipes and joint ventures in place with
Golden Star, BHP Billiton and Trans Hex Group which, if they are all fully
exercised, will involve a total of over US$11m in third party expenditure. With
increasing market recognition of the recent positive evolution in the regional
politics, Mano is starting to capitalise on its position as the pre-eminent gold
and diamond explorer in the sub-region.


Though like all mining shares they can be volatile...I have diversified my portfolio with CDN and MANA now in the mining shares categories.

I feel diamond explore companies go up on news of diamond discoveries (on the samples they take) e.g AFD I think if they find more diamonds (even microdiamonds) then the shares can shoot up. It takes a long time to identified the kimberlites and prove they are diamoniferous. It must be stated that this share is very high risk.

If we are looking at very short term gains - then this may not be appropiate, unless one is prepare to gamble.

One point in our favour is that Mano River is definetely in the right place for diamonds. Diamonds or blood diamonds as they are known in the West were and still used to fund war in countries like Liberia, Sierra Leone and Angola.

XMORTAL.
What you say is right,just look at the share price of AFD now, they have had good news in the past when the price went to 70p+ each time it went back down the news they had was just as good if not better then MANA.

Minenews Story ;

14 June 2004.

Announcements regarding exploration developments were few and far between, though Mano River put on a respectable 17 percent gain to close at 10.25p following the announcement that it had discovered diamonds in a joint venture with Golden Prospect on one of its licenses in Sierra Leone. More will be heard at 17th Minesite Mining Forum on Tuesday week, I expect.

And that was just about all there was to report…

http://www.minesite.com/archives/news_archive/2004/june-2004/week140604.htm

News to look forward to :

We have ....

More results on those stream samlples
Results of stream samlpes on the new SL area and many possible resources to be found
Extension of that JV with BHP to cover the Liberia extension to it
Reults of Dyke sampling and mapping in SL
KPO update
Diamond prices rising every year so when the mining starts it will be valued much higher !
Gold prices also expected to rise to as much as $1000 by the end of the decade so even in two years time the gold we have could be worth 25 - 30 percent more !

And with all this and more why bail out before the projects come to something (or not as the case maybe) .....

Reference.............Licence......................Targets................Area km2
Sierra Leone Golden Leo Resources Ltd. ('Leo')
GOLD

1.....................Lake Sonfon JV...........YDS Yisangba...............256
2.....................Pampana..................Yirisen.....................82.5
3.....................Nimini Hills.............Kamadadu Levuma.............54

DIAMONDS
4.....................Yengema..................Kono kimberlites...........103
5.....................Njaiama..................Kono kimberlites...........103
6.....................REPL.....................SE Sierra Leone..........9,700

Liberia
Lofa Goldiam Inc. ('Lofa')
GOLD

7.....................Bea Mountains MDA........KGL......................1,000
...............................................Weaju
...............................................Gondoja
...............................................Mabong Valley
...............................................Ndblama
...............................................Butter Hill
...............................................Benjeh

DIAMONDS
8.....................KPO Range MDA............Weasua JV..................200
7.....................Bea Mountains MDA........Mabong Valley............1,000
...............................................NE Lofa Basin
...............................................Upper Yambasei basin

NEW !!!...............REPL.............................................15,000

Guinea
Golden Limbo Rock Resources Ltd. ('Limbo')
GOLD

9.....................Missamana................Missamana..................248
...............................................Brouni
...............................................East Kerkour
10....................Gueliban.................Gueliban...................250
...............................................Madou
...............................................Diamona

USA
Equinox Resources (Washington) Inc. ('Equinox')
Pb-Zn.................Van Stone Mine........................................5.2

Looks like a good speculative buy.
rgds aj

Up 8% today...Price 9.75-10.50 pence...a Market Maker BUY for 50,000 shares has been reported at 9.75 pence. An established break past 10.30 pence which is the resistance will cause further rises and 10.30 pence will turn into support :



Trades over 10,000 shares are delayed in reporting by 1 hour....hence delayed buys will start coming through after 9.00am ( will appear in the sell column ).

SueHelen,

Forgive me for using you as a mentor but, can you explain why buys will appear in the sell column?

Thanks,

David

Hi guru'

Trades over 10,000 shares are delayed in reporting by 1 hour...hence the buys over 10,000 shares will go in the sell column as the bid price is 9.75 pence now...at 08.00am the offer price was 9.75 pence.

PS. None of the trading systems can effectively distinguish the trades in the right column...so worthwhile noting what the normal market size is in any stock....to distinguish the buys and sells.

Aaahhh!! LOL. The light dawns.

Thak you, SueHelen.

P.S. to last post . . .

I have it on impeccable authority (by the "best stockpicker" on this BB) that you are nothing but a naughty little ramper. LOL.

Ramp on, Sue, Ramp on.

MANA are appearing at the Minesite Conference on Tuesday next week.

Seymour Pierce BUY note on 08 June 2004.

http://www.manoriver.com/mano/investor/brokerage_reports/2004-06-08-seymour_pierce.pdf

Re : - Minesite Conference.

17th Minesite Mining Forum
Tuesday June 22, 2003

Great Eastern Room
Great Eastern Hotel
Liverpool Street
London EC2M 7QN
Times of Seminar: 09:30hrs-Lunch.

Registration will commence at 09:00 and the forum will start at 09:30

The companies due to present at this Forum are:

Mano River, a company listed in Canada as well as on AIM, has recently pulled off two major coups in Liberia and Sierra Leone. In Liberia a Mineral Cooperation Agreement has been negotiated with the Ministry of Lands Mines & Energy . This exclusive three-year agreement covers 15,000 sq kms of western Liberia and is contiguous with the 9,000 sq kms regional prospecting licence owned by Mano River in Sierra Leone. Effectively it consolidates a complete ground holding underlain by the highly prospective Archaean Man Craton from Mano’s diamondiferous kimberlites at Koidu to those it has discovered on the Kpo permit. In addition a joint venture has been agreed in Sierra Leone with BHP Billiton.

If you want to know who else is presenting go here ....

http://www.minesite.com/register15.php

Sue Helen, you certainly know how to research a company.

Feature Story



Date : June 18, 2004



The 17th Minesite Mining Forum Will Highlight An Eclectic Band Of Junior Mining Companies With Great Prospects.

Minesite Forums for the first half of 2004 go out on a very high note with an eclectic band of companies presenting next Tuesday. Producers are mixed with companies currently at the development stage as well as explorers with major projects on their hands. Half the companies are listed on AIM and half in Toronto and the geographical focus of their operations spans the world from Brazil to Vietnam, Tanzania to Finland and Sierra Leone to the Northwest Territories. The idea of these Forums is to allow selected companies, who have a story of real interest, to have access to London investors. These investors do not receive a surfeit of follow-up research from brokers in London and are not always up-to-date with trailblazers overseas except through Minesite.

In the last couple of months Mano River, a company listed in Canada as well as on AIM, has recently pulled off no less than four major coups in Liberia and Sierra Leone. On the property side a Mineral Co-operation Agreement has been negotiated with the Ministry of Lands Mines & Energy in Liberia . This exclusive three-year agreement covers 15,000 sq kms of western Liberia and is contiguous with the 9,000 sq kms regional prospecting licence owned by Mano River in Sierra Leone. Effectively it consolidates a complete ground holding underlain by the highly prospective Archaean Man Craton from Mano’s diamondiferous kimberlites at Koidu to those it has discovered on the Kpo permit. In addition a major joint venture has been agreed in Sierra Leone with BHP Billiton. On top of this it has announced a high grade gold discovery at the Yrisen gold project in Sierra Leone and has found indicator minerals and diamonds on its joint venture with Golden Prospect at Sonfon Lake in the same country. The company is on a roll and Tom Elder may have some more news at the Forum.

http://www.minesite.com/archives/features_archive/2004/june-2004/forum180604.htm

Diamond prices rampant . . .
--------------------------------------------------------------------------------

A growing global supply deficit of rough diamonds is driving the diamond price upwards.

One analyst reports an increase of 10% in the first quarter of the year in dollar terms, and since then a further 5% to 25%, depending on the type of rough. This is on top of the 10% the diamond price increased last year.

He says demand is driven by strong economic growth in the US, with the Japanese jewellery market recovering and the Chinese jewellery market picking up speed. Overall, inventory is also reported to be low following good Christmas sales.

The diamond price increase means US customers are paying more for their jewellery, a trend not necessarily duplicated in the rest of the world, due to the dollars current weakness.

The same analyst reports that the rands strength has all but diluted any benefit for De Beers, the worlds largest diamond-miner. The same is true for De Beers in Botswana and Namibia, as well Australian and Canadian miners.

The most, if not all of the benefit (of the price increases) has been eroded for the miners. Another analyst, confirming the supply deficit, agrees, saying that South African mines have not seen much benefit as the strengthening rand has placed several operations under pressure.

Yet another analyst says the diamond supply deficit should become even more apparent next year. He attributes the deficit to strong demand for jewellery, as well as Australian, Canadian and South African mines not producing sufficient supply, with specifically the South African operations not producing enough high-grade stones.

A De Beers spokesperson says its local production has increased to 11,9-million carats in 2003, 15% higher than 2002, through a variety of projects, most notably the new combined treatment plant which contributed to Kimberleys production of more than a million carats, a feat last achieved in 1986. The Venetia quick wins project increased treatment capacity by 25% from 4,7-million tons to 5,9-million tons. The growth in overall group production has been targeted at 7% for 2004. In South Africa, mine production targets will increase from 12-million to 14-million carats with Venetia increasing output from 6,6-million to 7,4-million carats, says the spokesperson.

FINAL RESULTS RELEASED ON FRIDAY :

RNS Number:1728A
Mano River Resources Inc
25 June 2004

TSX-Venture Exchange (Trading Symbol: MNO)
London Stock Exchange - AIM (Trading Symbol: MANA)



MANO RIVER RESOURCES INC.

PUBLICATION OF YEAR END 2004 ACCOUNTS

The Board of Mano River Resources Inc. is pleased to release the Accounts of the
Company for the financial year ended January 31st 2004, together with the
Management Discussion & Analysis.

On behalf of the Board of Mano River Resources Inc.

Tom Elder
President and CEO

For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at www.manoriver.com or contact
one of the following:

Tom Elder President and CEO UK +44 (0) 1235 810 740
Raz Hussein Controller Canada +1 (604) 689 1700
Gary Middleton Capital PR UK +44 (0) 20 7902 0703

The TSX Venture Exchange has not reviewed and does not take responsibility for
the adequacy or accuracy of this release

MANO RIVER RESOURCES INC.
Management's discussion and analysis
For the period ended January 31, 2004
______________________________________________________________________________

The following discussion is management's assessment and analysis of the results
and financial condition of Mano River Resources Inc. (the "Company" or "Mano ")
and should be read in conjunction with the accompanying audited consolidated
financial statements for the year ended January 31, 2004 and related notes.
Unless otherwise indicated all amount are in US dollars (USD).

Description of Business

Mano River Resources Inc. is an exploration stage company engaged in the
acquisition, exploration and development of gold and diamond properties. The
Company through its subsidiaries holds interests in properties located in
Liberia, Sierra Leone and Guinea with the aim of developing them to a stage
where they can be exploited economically or arranging joint ventures whereby
other companies provide funding for development and exploitation.

Forward looking statements

Certain information included in this discussion may constitute forward-looking
statements. Forward-looking statements are based on current expectations and
entail various risks and uncertainties. These risks and uncertainties could
cause or contribute to actual results that are materially different than those
expressed or implied.

Trends

In recent years, the mineral exploration industry has been through a very
difficult period, with low prices for both precious and base metals. Lack of
interest led to low market capitalizations and large companies found it was
easier to grow by purchasing companies or mines than to explore for them. This
led to downsizing of large company exploration staffs and many professionals
took early retirement or left the industry to pursue other careers. As a result
of these trends, there are few good gold-silver projects in the pipeline and a
developing shortage of experienced explorationists. With improving metal prices
and increasing demand, especially from Asia, supply difficulties may occur in
the future and there is a discernible need for good exploration projects based
on sound geological work. As junior companies (many of which are staffed by
former large company geologists) find it easier to raise funds, they are
beginning to seek properties of merit to explore.

Risks and uncertainties

The Company is subject to a number of risk factors due to the nature of the
mining business in which it is engaged, not least adverse movements in commodity
prices, which are impossible to forecast. The Company seeks to counter this risk
as far as possible by selecting exploration areas on the basis of their
recognized geological potential to host high grade (gold and diamond) deposits.
The area of under-explored Archaean terrain on which the Company focuses in West
Africa is also subject to a second significant risk, i.e. political. While the
region has suffered serious civil unrest and armed conflict in the recent past
(which is the basic reason why it remained under-explored), conditions have
improved markedly in recent years. Mano field teams have operated safely in
Sierra Leone since early 2002 and the hope is that access can be gained to the
licences in Liberia before year end, following the completion of the UN-led
disarmament programme there.

Industry

The Company is engaged in the exploration of mineral properties, an inherently
risky business, and there is no assurance that an economic mineral deposit will
ever be discovered and subsequently put into production. Most exploration
projects do not result in the discovery of commercially mineable ore deposits.
The geological focus of the Company is on areas in which the geological setting
is well understood by management and technological tools are regularly used and
updated to better focus exploration efforts.

Reserve and resource estimates

The estimation of mineral resources and reserves is a subjective process and the
accuracy of any such
estimates is a function of the quality of available data and of engineering and
geological interpretation and judgement. No assurances can be given that the
volume and grade of reserves recovered and rates of production will not be less
than anticipated.

Gold and metal prices

The price of gold is affected by numerous factors beyond the control of the
Company including central bank sales, producer hedging activities, the relative
exchange rate of the U.S. dollar with other major currencies, demand, political
and economic conditions and production levels. In addition, the price of gold
has been volatile over short periods of time due to speculative activities. The
price of other metals and mineral products that the Company may explore for all
have the same or similar price risk factors.

Cash flows and additional funding requirements

The Company currently has no revenues from operations. If any of the Company's
exploration programs are successful and optionees of properties complete their
earn-in, the Company would have to provide its share of ongoing exploration and
development costs in order to maintain its interest in the projects, or be
reduced to a royalty interest. Additional capital would be required to put a
property into commercial production. The sources of funds currently available to
the Company for exploration stage projects are either the sale of equity capital
or the offering of an interest in its projects to another party. Although the
Company presently has sufficient financial resources to undertake its currently
planned exploration programs and has been successful in the past in obtaining
financing, there is no assurance that it will be able to obtain adequate
financing in the future or that such financing will be on terms advantageous to
the Company.

Exchange rate fluctuations

Fluctuations in currency exchange rates can significantly impact cash flows. The
U.S. dollar exchange rate in particular has varied substantially over time, and
the Company has historically raised equity financing in UK and Canadian
currencies while most of the Company's exploration expenses are denominated in
U.S. dollars. Fluctuations in exchange rates may give rise to foreign currency
exposure, either favourable or unfavourable, which may impact financial results.
The Company does not engage in currency hedging to offset any risk of exchange
rate fluctuation.

Environmental

Mano's exploration and development activities are subject to extensive laws and
regulations governing environmental protection. The Company is also subject to
various reclamation-related conditions. Although the Company closely follows and
believes it is operating in compliance with all applicable environmental
regulations, there can be no assurance that all future requirements will be
achievable on reasonable terms. Failure to comply may result in enforcement
actions causing operations to cease or be curtailed and may include corrective
measures requiring capital expenditures.

Laws and regulations

Mano's exploration activities are subject to local laws and regulations
governing prospecting, development, production, exports, taxes, labour
standards, occupational health and safety, mine safety and other matters. Such
laws and regulations are subject to change, can become more stringent and
compliance can therefore become more costly. The Company applies the expertise
of its management, its advisors, its employees and contractors to ensure
compliance with current laws.

Title to mineral properties

While the Company has investigated title to its mineral properties, this should
not be construed as a guarantee of title. The properties may be subject to prior
unregistered agreements or transfers and title may be affected by undetected
defects.

Competition

There is competition from other mining exploration companies with operations
similar to those of the
Company. Many of the mining companies with which the Company competes have
operations and
financial resources greater than that of Mano.

Dependence on management

Mano strongly depends on the business and technical expertise of its small
management team and there is little possibility that this dependence will
decrease in the near term.

Selected financial information

The following selected annual financial information is derived from the audited
consolidated financial statements for the three most recently completed
financial years and is prepared in accordance with Canadian generally accepted
accounting principles ("GAAP").

Years ended January 31:

2004 2003 2002

Total revenue (Interest income) 3,752 8,183 17,056
Net Loss 695,303 352,217 2,283,123
Net loss per share 0.005 0.003 0.023
Total assets 16,987,073 12,253,662 11,436,086
Total exploration expenditures 993,373 769,107 804,174
Write-down of interests in mineral
properties 90,090 - 1,863,333

Operations


The year under review has seen a number of encouraging developments for Mano, in
regional politics, at a corporate level and especially in terms of exploration
success.

Having selected gold and diamonds as the commodities of prime interest, Mano's
fundamental strategy since its inception has been to target highly prospective
under-explored Archaean terrain in Liberia, Sierra Leone and Guinea, West Africa.
Precisely because of the difficult political situation in the region, the
Company faced little or no competition for ground and consequently, over the
last seven or eight years, has been able to build a high quality portfolio of
properties. With peace firmly re-established in Sierra Leone in 2001 and
disarmament complete, the latest significant development was the departure into
exile of President Charles Taylor from Liberia in August 2003 and the
establishment of a Transitional Government under UN and US auspices. Disarmament
is now well advanced in Liberia and with it has come an increase of investor
interest in both London and Toronto in the Company's exploration prospects.


A concrete reflection of higher levels of investor interest in Mano was the fact
that, in December 2003, a placement was concluded which raised USD4.4 million,
the Company's largest equity financing to date.. Taken together with committed
exploration funding on our licences from joint venture partners, this means the
Company does not expect it will require further fund-raising until mid 2005 at
the earliest.

In both Sierra Leone and Liberia, important additions to Mano's property
portfolio were made, culminating in the acquisition of contiguous cross-border
licences totaling 25,000 km2 and extending from the Kono diamond district in
Sierra Leone south eastwards to Kpo in Liberia, where Mano had previously made
the first ever discoveries of diamondiferous kimberlite pipes in Liberia in
2001.

Drilling got under way on the Yirisen project in Pampana, the first to take
place for gold anywhere in Sierra Leone for a number of years, with extremely
encouraging results from the first holes. As a result, a second drill has been
mobilized to site.

The Mano management team has meanwhile been greatly strengthened with the
appointment of Jonathan Challis to the Board, Karl Smithson (who was previously
a consultant to Mano) as full time VP Exploration - Diamonds, and Greg Nowak as
Regional Manager based in Freetown.

Corporate

In May 2003, Mano announced that Seymour Pierce Limited had been appointed as
the Company's Nominated Adviser on the London Stock Exchange AIM market. Seymour
Pierce Ltd together with Seymour Pierce Ellis Ltd, Mano's Nominated Broker, are
a leading adviser and broker to AIM, specialising in providing research,
corporate broking and corporate finance advice to smaller quoted companies,
particularly in the extractive industries.

In June, the Company announced the adoption of a stock option plan (the "Plan"),
pursuant to the policies of the TSX Venture Exchange and shareholder approval,
allowing for the reservation of up to 10% of the Company's issued and
outstanding shares as at the date of a particular stock option grant. The
Company then had 133,890,216 shares issued and outstanding and 9,475,000 options
outstanding (representing 7.1% of the Company's issued and outstanding shares).
Based on the reservation of up to 10% of the Company's issued and outstanding
shares, being 13,389,021, the Plan allowed for the future granting of a further
3,914,021 options. Options under the Plan may be granted to the Company's
directors, officers, employees, management company employees and consultants.
Following the receipt of the necessary approvals, the Plan now governs any
outstanding stock options previously granted and any new stock options issued.

Also in June 2003, the Board announced that it had arranged, subject to
regulatory approval, a Private Placing to raise gross proceeds of GBP400,000
from existing and new institutional investors.
The brokered Placing was arranged in the UK of 16,000,000 common shares at
GBP0.025 per share through Seymour Pierce Ltd. The proceeds of the Placing were
used by Mano to continue the Company's exploration programme over its range of
promising gold and diamond targets in the Mano River Union countries, and for
general working capital purposes.

In July 2003, at Mano's 2003 Annual General Meeting in Vancouver, Jonathan
Challis (51) was elected in place of Peter Dwerryhouse, who had previously
indicated he would not be continuing as a director. The Board would like to
express its appreciation to Mr Dwerryhouse for his valuable contribution to the
Company. Mr Challis is a mining engineer with over 30 years experience in the
operation, management, financing and analysis of mining projects around the
world.

In August 2003, Mano received notice of the conversion of warrants over
1,250,000 fully paid ordinary shares in the Company at GBP0.03 per share and, by
year-end, all but 20,000 of the 7,530,000 warrants on issue had been exercised,
raising a total of GBP225,900 (approximately USD410,000). Also in August 2003,
as agreed with the parties concerned at the time of the placement in June 2003,
the Board announced that it had approved arrangements to satisfy accrued
payables totaling GBP70,485 due for payment as of 31 January 2003 with Mano
shares at the same price as the placement, i.e. GBP0.025. The debt settlement
represented amounts mainly incurred up to the end of the 2003 financial year and
owing directly or indirectly to directors, or companies with which they are
associated, and senior officers of Mano for directors' fees, management
services, reimbursable expenses and advances supporting exploration. The Board
considered that the settlement of these amounts in shares helped to preserve the
Company's cash to continue to advance exploration of its properties.

In November 2003, Mano announced the appointment of Capital Integrated Marketing
Communications (Europe) Ltd ("Capital"), to act as its financial public
relations adviser in the UK. Capital is a financial PR company with offices in
Australia, London and China, specialising in natural resources and their aim is
to help lift Mano's profile so as to achieve a better appreciation in the
investment community and media of the Company's portfolio of gold and diamond
exploration projects in West Africa.

Mano has a strategy of seeking high quality partners to develop certain of its
licences, while retaining the remainder for development by Mano and, in late
November 2003, the Company announced that it had signed a comprehensive Letter
of Agreement ("LoA") with Golden Star Resources ("GSR"). The proposed joint
venture covers Mano's three licence packages within the prospective greenstone
gold-bearing belts in Sierra Leone, under which GSR will make an investment of
USD6M over a staged four-year period in order to earn a 51% interest in the
Joint Venture Licences, earning a final equity interest of up to either 71% or
85% if Mano does not co-fund, respectively, the Feasibility Study nor mine
development. GSR is a well-funded gold producer with an aggressive growth
strategy in West Africa. Its major assets are located in Ghana, where it has
reported gold reserves of 3 million ounces, gold resources of over 5 million
ounces and is forecast to produce 350,000 ounces per year in 2005. Its shares
are listed on the TSX (GSC) and AMEX (GSS) markets.

At the end of December 2003, Mano announced that it had closed a Private
Placement raising gross proceeds of GBP2,450,000, as previously announced on 10
December 2003. The Placing was arranged in the UK and Europe of 49,000,000
common shares at GBP0.05 per share by Williams de Broe and Seymour Pierce Ltd to
raise GBP2,450,000 (approximately USD4.4million) before issue costs and broker
commissions of 4%.

Exploration projects

Within Mano, there is a continual process of technical assessment and evaluation
of the prospectivity of each individual licence held in the portfolio. As in
previous years, the view prevails that ground held in Liberia and Guinea merits
the Company's undivided attention, consequently there has again be no field
activity in Guinea, beyond that needed to maintain the licences.

Sierra Leone

This is the country in which the bulk of the 2004 Deferred Exploration
Expenditure, a total of USD785,688 (79%), has been made. Funding has been
divided between advancing the diamond properties in the Kono district and gold
properties in the Sula Mountains.

In February 2003, Mano announced the recovery of more macrodiamonds from its
kimberlite dyke discovery in the Kono district in eastern Sierra Leone.
Macro-diamonds had already been reported by the Company from a 1.7tonne
mini-bulk sample of Lion-1, for a minimum grade of 49 carats per hundred tonnes
(49cpht) - (see Mano news release dated October 2nd 2002, http://
www.manoriver.com /news/nr02/nr0200 02oct.pdf). Subsequent sorting yielded a
further 17 macrodiamonds and the calculated grade for the sample therefore
increased to 64.6 cpht. The Lion 1 dyke has been traced over some 5km, and its
minimum grade of 65 cpht is very encouraging. Diamonds from Sierra Leone are
well known for their high intrinsic per carat value, suggesting this dyke may
represent a potentially economic diamond deposit.

Two weeks later, the Company announced that eight further kimberlite dykes had
been identified elsewhere throughout the Kono licenses, designated the Lion-3 to
Lion-10, all reportedly exploited for diamonds at surface by local miners. The
garnet mineral chemistry from the Lion-1 to Lion-4 kimberlites was of a high
interest nature. Float samples of diatreme facies kimberlite, suggestive of an
undiscovered pipe or blow, had previously been found and a stream sample
collected in the suspected source area returned abundant ilmenite together with
supporting garnet. A number of these garnets were classified as G10 in
composition after probing .

In August 2003, encouraging results were announced from mini-bulk sampling of
the Lion-1, 2, 3 and 5 kimberlite dykes. Each sample comprising 1 tonne of
kimberlite was washed and jigged on site to recover diamonds in two size
fractions. The results are set out in Table 1 below:

Table 1 - Results of Mini-Bulk Samples

Kimberlite Sample No. +0.71mm No. +2.0mm Total Calculated
Number Diamonds Diamonds Weight (carats) Grade (cpht)

Lion-1 50225 2 1 0.15 15
Lion-2 50223 12 3 0.46 46
Lion-2 50231 35 5 0.45 45
Lion-3 50227 0 0 0 0
Lion-5 50229 15 5 0.94 94

The diamonds recovered from these samples were weighed and described in Cape
Town. A significant grade of 94cpht was obtained for a sample of the Lion-5
dyke, which had been mapped for a distance of approximately 1km. Mano's stream
and loam sample results showed that this dyke extends eastwards into the
adjacent DiamondWorks ground, linking with the latter's Koidu Pipes project on
which commercial mining began later in the year.

Elsewhere in Sierra Leone, in the Sula Mountains greenstone belt, Mano announced
that in the Sonfon Area, where the company is operating a joint venture with
Golden Prospect, a 3 km long gold-in-soil anomaly identified by a 25 parts per
billion contour, had been defined by a soil sampling programme and termed the
Yanfarina-Dalakuru-Sende (YDS) gold zone. The YDS zone is coincident with an
area of extensive alluvial and laterite artisanal gold workings, and trenching
had identified a series of high grade gold-bearing narrow veins (stockwork), the
best values being reported in trench DT-6 which returned 7.4 g/t gold over 7.3m.

In other gold exploration activity, Mano acquired the 'North Pampana' Exclusive
Exploration License (EXPL), which hosts the high grade Yirisen gold deposit and
strategically adjoins Mano's 'South Pampana' Exclusive Prospecting License (EPL)
in central Sierra Leone. Local miners are working the Yirisen gold deposit to
depths of about 15m and, locally, to over 75m.

Reconnaissance work undertaken in May 2003 by independent consultants ACA Howe
International Ltd, indicated that the total inferred strike length for the
Yirisen gold system should be revised upwards to in excess of 4km, remaining
open along strike in both directions. Shortly thereafter, Mano scaled up of its
exploration programme at Yirisen. By year end, in line with its established
strategy and as reported above, Mano joint ventured its gold properties in
Sierra Leone to Golden Star Resources

Finally, in January 2004, the Company announced that it had been awarded a 9,700
square kilometre Regional Exclusive Prospecting Licence (REPL) by the Ministry
of Natural Resources of Sierra Leone. The Licence covers the south-eastern
quadrant of the country and is underlain by the ancient Archaean Man Craton,
which is considered prospective for diamonds, gold and base metals. Mano further
stated that, following the grant of this REPL, it was engaged in on-going
discussions with a potential partner with a view to arranging for their Joint
Venture participation in the planned diamond exploration programme, to include
an airborne geophysical survey (see below 'Subsequent Events').

Exploration projects - Liberia

The USD148, 000 of deferred exploration expenditure incurred in Liberia during
the period under review was primarily related to keeping the licences totaling
1,200km2 in good standing, and to maintaining the Mano office facility in the
capital, Monrovia. Following the cessation of hostilities in Liberia in mid
2003, the United Nations has made great strides in its disarmament process,
latest estimates putting the number of ex-combatants who have surrendered their
arms at over 40,000. However, the Company is not prepared to take any risks with
its personnel and, with the agreement of the Ministry of Lands Mines and Energy,
fieldwork on Mano's projects, such as KGL and Weaju, remains suspended until
conditions are judged to be totally safe. It is currently anticipated that
fieldwork will re-commence by approximately October, 2004.

The acquisition in May 2004 of a 15,000km2 Mineral Cooperation Agreement in the
west of the country is discussed under 'Subsequent Events'.

Exploration projects - Guinea

The Company once again took the view that it should focus its available
technical and financial resources on its highly prospective licences in Sierra
Leone and Liberia, consequently there was no exploration activity in Guinea
during the period under review, expenditure being limited to USD59,000 spent
maintaining the licences and Conakry office. However, several companies have
expressed an interest in Mano's gold licences at Missamana and Gueliban and
talks regarding possible joint ventures continue.

Subsequent Events - Corporate

In April 2004, Mano announced the appointment of Mr. Greg Nowak as Regional
Manager for Sierra Leone, Liberia and Guinea, based in Freetown. Since 1996, Mr
Nowak has been the Exploration & Country Manager for Ashanti Goldfields in Cote
d'Ivoire, Mali & Sierra Leone. His exploration and management experience spans
over twenty years, with over 15 years focused on the Precambrian Birrimian
greenstone belts and Archaean basement rocks of West Africa. A fellow of the
Society of Economic Geologists and member of the Geological Society of America,
Mr Nowak holds an M.S. from the Mackay School of Mines, Nevada, USA.

Subsequent Events - Exploration

In May 2004, the Company announced that it had signed a Mineral Cooperation
Agreement ("MCA") with the Ministry of Lands Mines & Energy of Liberia. The
three-year agreement permits the Company to undertake exploration in an area
that covers 15,000km2 of western Liberia. Importantly, the MCA is contiguous
with the Mano's Regional Exclusive Prospecting Licence ("REPL") in Sierra Leone,
creating a contiguous land holding in excess of 25,000km2 underlain by the
highly prospective Archaean Man Craton.

Also in May 2004, in a development of great significance for Sierra Leone as
well as for Mano, the Company announced that it had signed a Memorandum of
Agreement (MoA) with BHP Billiton to explore for diamonds and other minerals
over its recently awarded REPL in Sierra Leone.

In that connection, Sierra Leone's Honourable Minister for Natural Resources,
Mohamed Swarry Deen, declared, "The introduction of BHP-Billiton to Sierra Leone
by Mano is exceptionally positive news for our country. Companies like Mano have
proven crisis-proof and play a key role in attracting investment into Sierra
Leone. We are grateful for their perseverance, which is now being rewarded by
the introduction of such world-class companies as BHP Billiton and Golden Star
Resources as their partners."

In an important new development for gold exploration in Sierra Leone, in June
2004, Mano and Golden Star Resources Ltd. ("Golden Star") announced encouraging
assay results from the first five diamond drill holes on the Yirisen gold
project. Significant intersections include 14m at an average grade of 7.77g/t
and 9.07m at an average grade of 15.99g/t. As yet, there is insufficient
geological information to enable true widths to be calculated with confidence
and, furthermore, no assays have been cut.

Significant assay results are summarised as follows:

Hole Easting Northing From To Total Length Gold Grade
(m) (m) (m) (m) (m) (g/t)
YDD1 1997 2009 11.51 11.77 0.26 9.66
22.61 23.50 0.89 6.23
39.00 53.00 14.00 7.77
Incl. 45.00 53.00 8.00 13.00
86.85 87.46 0.61 5.84

YDD2 1997 2009 25.45 26.00 0.55 7.39
53.78 62.85 9.07 15.99
Incl. 53.78 61.26 7.48 19.18
Incl. 53.78 56.10 2.32 41.34
YDD3 1975 1950 No significant assays

YDD4 1976 1948 15.56 20.00 4.44 3.59

YDD5 2000 1900 23.19 32.00 8.81 0.99
incl 25.18 25.75 0.57 7.71

The diamond drilling campaign is supported by a USD1,000,000 budget funded by
Golden Star, (which will also cover work on the Sonfon and Nimini Licences).
Mano is operator of the Joint Venture's exploration work.

Finally, in June 2004, Mano announced the discovery of diamonds and indicator
minerals from within the Sonfon licence package in Sierra Leone, West Africa
held in Joint Venture with Golden Prospect. An initial 250kg stream sample
yielded five macro-diamonds weighing a total of 0.841 carats. All of the
diamonds were recovered in the coarse size fraction, with two being over 4mm in
size. Some 58 stream samples were then processed for kimberlite indicator
minerals, results suggesting that kimberlites may be present within the licences
and, furthermore, any kimberlites are likely to be diamond-bearing. The joint
venture has undertaken follow-up stream and loam sampling over the two anomalous
areas and these samples have been dispatched to South Africa for analysis. It is
hoped that the results will isolate the source areas, over which ground
geophysics can be focused in the dry season, to identify possible drill targets.
Results of operations

The Company's net loss for the year ended January 31, 2004 was $751,652 or
$0.005 per share (2003 - $513,823 or $0.004 per share). This is a $237,829
increase in net loss compared to 2003. This increase was primarily due to a
write-off of resource property, administrative and office expenses, professional
fees and other administrative costs.

During the 2004 fiscal year, the Company relinquished its interest in the
ManoTaur Joint Venture, Casa Berardi area properties (Quebec, Canada ) and
accordingly the costs of $90,090 were written off in the current year (2003 -
Nil).

General and administrative costs were $665,314 in the year ended January 31,
2004 (2003 - $516,438). Some administrative expense categories experienced
higher costs: bank and interest charges $66,829 (2003 - $43,792) increased by
$23,037 mainly due to interest payable on convertible debentures. Professional
fees $182,573 (2003 - $126,651), including investor relations services,
increased by $55,922 during the year as the Company focused its effort on
expanding investor awareness of the Company's exploration projects. Transfer
agent and filing fees $83,187 (2003 - $32,088) increased by $51,099 due to
additional share activity including private placements.

The Company has no revenue from mining operations. Revenue for the year,
consisting of interest income, was 3,752 as compared to $8,183 in 2003, a
decrease of $4,431. This decrease in interest income was due to lower interest
rates.

Liquidity and capital resources

At January 31, 2004, the Company had working capital of $3,498,652 as compared
to a working capital deficiency of $216,604 at year end 2003. The Company had
cash and cash equivalents of $3,893,552 (2003 - $184,116). The significant
increase in cash was primarily due to the issuance of common shares.

During the year ended January 31, 2004, the Company concluded two private
placements of 17,250,000 and 49,000,000 shares at #0.025 and #0.05 per share
respectively ($0.04 and $0.088) for proceeds of $4,762,147, which is net of
issue costs of $107,196. The Company also issued 2,819,397 common shares for
settlement of debts of $116,547. During the period 7,530,000 share purchase
warrants were exercised for the total proceeds of $386,126. The Company expects
its level of cash resources to be sufficient to meet its working capital and
mineral exploration requirements for approximately the next 18 months. Cash used
for operating activities during 2004 was $534,812 (2003 - $349,125) after
adjusting for the non-cash activities of mineral property interest write-downs
and stock-based compensation. Cash flows from financing activities for 2004 were
$5,237,621 (2003 - $1,267,340).

As at January 31, 2004, the Company had total assets of $16,987,073 as compared
with $12,253,662 for the fiscal year ended January 31, 2003. This increase in
assets of $4,733,411 was primarily as a result of the equity financing completed
during 2004. At January 31, 2004, the Company had total liabilities of $517,731
as compared to $402,859 at year ended January 31, 2003. Current liabilities
include $406,543 due to related parties for management fees, bridging loan and
reimbursable expenses.

During the period the Company expended $993,373 on deferred exploration
expenditures as compared to $769,107 in 2003, as exploration activity increased
with available funding.

Contractual commitments

The only contractual commitment lasting longer than a year that the Company has
entered into relates to the Mano Office in Didcot, England, where a nine-year
lease with the possibility of a break after three years has been signed.

Off-balance sheet arrangements

The Company has no off-balance sheet arrangements other than the lease related
to its office premises as disclosed above.

Critical accounting estimates

A detailed summary of all the Company's significant accounting policies is
included in note 2 to the accompanying annual consolidated financial statements
for the year ended January 31, 2004. Significant estimates used in the
preparation of these consolidated financial statements include, amongst other
things, depreciation, determination of net recoverable value of assets,
determination of fair value on taxes, contingencies and share compensation.

Changes in accounting principles

Stock-based compensation

The Canadian Institute of Chartered Accountants ("CICA") amended the stock
option compensation and
other stock based payments accounting standard during 2003. The Company early
adopted the standard and the consolidated financial statements for the year
ended January 31, 2004 reflect this. The effect of this change was to increase
the net loss for the year ended January 31, 2004 by $56,349.

Selected quarterly information
Quarter Ended (unaudited)
October 31 July 31 April 30
2003 2003 2003

Total revenue (Interest income) 3,473 2,206 1,853
Net loss 387,901 290,126 76,846
Total assets 12,756,697 12,741,546 12,390,528
Total exploration expenditures 584,109 336,407 176,109
Write-down of interests in mineral
propertie 90,090 90,090 -

October 31 July 31 April 30
2002 2002 2002

Total revenue (Interest income) 7,658 4,507 4,052
Net loss 275,761 225,230 87,216
Total assets 11,941,379 11,859,312 11,513,944
Total exploration expenditures 601,166 353,331 160,692
Write-down of interests in mineral - -
properties

Outlook

Most forecasters see gold maintaining its present price level of around USD380
to 400 per ounce, or else increasing further in 2005. For diamonds, the general
situation appears to be one of increasing scarcity of good quality stones of
over one carat and a general firming of prices. Both factors should help to
stimulate investor interest in a gold and diamond resource company like Mano,
while the level of interest from the majors continues to increase, witness the
Company's recent joint venture deal in Sierra Leone signed with the world's
biggest resource company, BHPBilliton.

The Company is well funded to pursue its policy of adding shareholder value
through further exploration and development of its Liberian gold properties,
while early results from the Golden Star-funded gold exploration programme in
Sierra Leone have been most encouraging. It will be late 2004 before the first
results can be reported on the major reconnaissance programmes now under way in
Sierra Leone (the BHPBilliton joint venture) and Liberia (over the Mineral
Cooperation Agreement licence), but given the prospectivity of the ground
holding for both gold and diamonds, Mano remains very hopeful that significant
discoveries will be made.

The main focus of Mano-funded exploration is expected to be the further
investigation of the KGL and Weaju gold projects in Liberia, together with the
diamond reconnaissance over the Mineral Cooperation Agreement ground in western
Liberia. Elsewhere in Liberia, Joint Venture Partner Trans-Hex anticipate
commencing their farm-in programme at Weasua with an airborne geophysical survey
in the 4th quarter of 2004.

In the Kono area of Sierra Leone, the Company is actively seeking the
participation of suitably experienced partners who could put one or more of the
high-grade diamondiferous kimberlite dykes discovered by Mano into production.

On the political front, the arrival of Mano's joint venture partner,
BHPBilliton, to fund exploration in Sierra Leone is a massive endorsement for
the country (as well as for Mano). Meanwhile, in neighbouring Liberia, the UN
are making steady progress in the comprehensive disarmament and retraining
programme for former combatants and Mano is confident that conditions will allow
work to recommence in the Bea and Kpo licences after the rainy season, i.e. as
early as October, 2004.

Auditors' Report and Consolidated Financial Statements of
MANO RIVER RESOURCES INC.
January 31, 2004 and 2003

Auditors' Report

To the Shareholders of
Mano River Resources Inc.

We have audited the consolidated balance sheets of Mano River Resources Inc. as
at January 31, 2004 and 2003 and the consolidated statements of loss and deficit
and cash flows for the years then ended. These financial statements are the
responsibility of the Company's management. Our responsibility is to express an
opinion on these financial statements based on our audits.

We conducted our audits in accordance with Canadian generally accepted auditing
standards. Those standards require that we plan and perform an audit to obtain
reasonable assurance whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.

In our opinion, these consolidated financial statements present fairly, in all
material respects, the financial position of the Company as at January 31, 2004
and 2003 and the results of its operations and its cash flows for the years then
ended in accordance with Canadian generally accepted accounting principles.

(Signed) Deloitte & Touche LLP

Chartered Accountants
Vancouver, British Columbia
May 28, 2004

MANO RIVER RESOURCES INC.
Consolidated Balance Sheets
As at January 31
(Stated in U.S. Dollars)

2004 2003
---------- ----------
ASSETS (Note 3)

CURRENT
Cash and cash equivalents $3,893,552 $184,116
Accounts receivable and prepaid expenses 122,831 2,139
------------------------------ ---------- ----------
4,016,383 186,255
INVESTMENTS (Note 4) 34,496 34,496
RESOURCE PROPERTIES (Note 5) 3,955,000 4,045,090
DEFERRED EXPLORATION COSTS (Note 5) 8,640,584 7,647,211
RECLAMATION BONDS (Note 6) 340,610 340,610
---------- ----------
$16,987,073 $12,253,662
---------- ----------

LIABILITIES

CURRENT
Accounts payable and accrued liabilities $111,188 $97,664
Due to related parties (Note 10) 406,543 305,195
------------------------------ ---------- ----------
517,731 402,859
Provision for reclamation (Note 6) 340,610 340,610
Convertible debenture (Note 8) 187,745 138,723
------------------------------ ---------- ----------
1,046,086 882,192
---------- ----------

SHAREHOLDERS' EQUITY

Share capital (Note 7) 21,132,143 15,867,323
Contributed surplus 217,955 161,606
Equity component of convertible debenture (Note 8) 96,000 96,000
Cumulative translation adjustment (21,755) (21,755)
Deficit (5,483,356) 4,731,704)
------------------------------ ---------- ----------
15,940,987 1,371,470
---------- ----------
$16,987,073 $12,253,662
---------- ----------

CONTINGENCY (Note 6)
APPROVED BY THE BOARD
(Signed) Tom G. Elder
Tom G. Elder, Director
(Signed) Guy E. Pas
Guy E. Pas, Director


MANO RIVER RESOURCES INC.

For the years ended January 31, 2004 and 2003
(Stated in U.S. Dollars)

2004 2003
(Note 3)

REVENUE
Interest income $ 3,752 $ 8,183
----------------------------- ---------- ----------

EXPENSES
Administrative and office expenses 131,929 4,847
Bank and interest charges 66,829 43,792
Directors fees 12,000 26,000
Foreign exchange loss (5,623) (2,340)
Management fees 85,000 75,000
Mine maintenance expenses 44,527 45,182
Professional fees 182,573 126,651
Stock-based compensation 56,349 161,606
Transfer agent and filing fees 83,187 32,088
Travel and promotion 8,543 3,612
----------------------------- ---------- ----------
665,314 516,438
---------- ----------
LOSS BEFORE UNDERNOTED ITEMS (661,562) (508,255)
LOSS ON SALE OF INVESTMENT - (5,568)
WRITE-OFF OF RESOURCE PROPERTY
ACQUISITION AND EXPLORATION COSTS (90,090) -
----------------------------- ---------- ----------
NET LOSS FOR THE YEAR (751,652) (513,823)
DEFICIT AT BEGINNING OF YEAR (4,731,704) (4,217,881)
DEFICIT AT END OF YEAR $ (5,483,356) $ (4,731,704)

BASIC AND DILUTED LOSS PER SHARE $ (0.005) $ (0.004)

BASIC AND DILUTED WEIGHTED AVERAGE
NUMBER OF SHARES OUTSTANDING 152,807,988 133,890,216


MANO RIVER RESOURCES INC.
Consolidated Statements of Cash Flows
For the years ended January 31, 2004 and
2003
(Stated in U.S. Dollars)


2004 2003
(Note 3)

OPERATING ACTIVITIES
Net loss for the year $ (751,652) $ (513,823)

Items not involving cash:
Loss on sale of investment - 5,568
Write off of resource property
acquisition costs 90,090 -
Stock-based compensation 56,349 161,606
Accretion of liability component
of convertible 49,022 34,723
debenture
Interest payable on convertible
debenture 12,000 8,500
Change in non-cash working capital items:
Accounts receivable and prepaid
expenses (120,692) 639
Accounts payable and accrued
liabilities 130,071 (46,338)
---------- ----------
(534,812) (349,125)
---------- ----------

FINANCING ACTIVITIES
Issuance of share capital, net
of costs 5,148,273 1,094,815
Proceeds from sale of investment - 94,432
Due to related parties 89,348 78,093
---------- ----------
5,237,621 1,267,340
---------- ----------

INVESTING ACTIVITIES
Acquisition of resource
properties - (90,090)
Deferred exploration
expenditures (993,373) (769,107)
---------- ---------
(993,373) (859,197)
---------- ----------
NET CASH INFLOW 3,709,436 59,018
CASH AND CASH EQUIVALENTS,
BEGINNING OF YEAR 184,116 125,098
CASH AND CASH EQUIVALENTS, END
OF YEAR $3,893,552 $ 184,116


SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING
AND INVESTING ACTIVITIES:

During the year ended January 31, 2004, the Company issued 2,819,397 common
shares for the settlement of debts of $116,547 due to related parties.

During the year ended January 31, 2003, the Company issued 6,427,545 common
shares for the settlement of debts of $415,295 due to related parties.

During the year ended January 31, 2003, the Company issued a $200,000
convertible debenture in settlement of debt of $200,000 due to a related
party
.



Notes to the Consolidated Financial Statements
For the years ended January 31, 2004 and 2003
(Stated in U.S. dollars)


1. NATURE OF OPERATIONS

The Company, which commenced operations on July 10, 1996, is engaged in the
acquisition, exploration and development of gold and diamond properties. The
Company is in the development stage and has no source of cash flows other than
loans from related parties or equity offerings.

Uncertainty also exists with respect to the recoverability of the carrying value
of certain resource properties. The ability of the Company to realize on its
investment in resource properties is contingent upon resolution of the
uncertainties and continuing confirmation of the Company's title to the resource
properties.

2. SIGNIFICANT ACCOUNTING POLICIES

These consolidated financial statements have been prepared in accordance with
Canadian generally accepted accounting principles. The significant accounting
policies used in these financial statements are as follows:

(a) Principles of consolidation

These consolidated financial statements include the accounts of Mano River
Resources Inc. and its principal subsidiary, Mano River Resources Ltd. These
financial statements also include a number of subsidiaries as detailed in the
following list:

Percentage
Company Place of Incorporation Ownership

Equinox Resources (Wash) Inc. Washington, United States 100%

Mano River Resources Limited British Virgin Islands 100%
and its subsidiaries:
Golden Limbo Rock Resources Tortola, British Virgin 90.9%
Limited and its 100% owned Islands
subsidiary Golden Limbo Rock Conakry, Guinea
Ressources SA

Golden Leo Resources Limited Tortola, British Virgin 96.9%
Islands

Lofa Goldiam, Inc. and its 100% owned
subsidiaries: Tortola, British Virgin 97.7%
Islands
Bea Mountain Mining Corporation Monrovia, Liberia
Kpo Resources Incorporated Monrovia, Liberia

Mano Diamonds Limited and its
100% owned subsidiaries: Tortola, British Virgin 100%
Islands

The shares not legally owned by the Company in the listed subsidiaries are held
by one third party company. This third party has no beneficial interest in the
shares and is holding the shares until the Company and the third party agree on
their ultimate distribution. As the Company retains the beneficial interest in
these shares, no non-controlling interest exists at January 31, 2004.

(b) Cash and cash equivalents

Cash and cash equivalents consists of cash on hand, deposits in banks and highly
liquid investments with an original maturity of ninety days or less.

(c) Investments

Investments in which the Company does not exercise significant influence are
recorded at cost, subject to a provision for any impairment in value that is
determined to be other than temporary.

(d) Resource properties and deferred exploration costs

The Company follows the method of accounting for its mineral properties whereby
all costs related to acquisition, exploration and development are capitalized by
property. The carrying value of pre-production and exploration properties is
reviewed periodically and either written off when it is determined that the
expenditures will not result in the discovery of economically recoverable ore
reserves or transferred to producing mining property, plant and equipment when
commercial development commences.

The recoverability of amounts shown for pre-production and exploration
properties is dependent upon the discovery of economically recoverable reserves,
confirmation of the Company's interest in the underlying mineral claims, the
ability of the Company to finance the development of the properties and on the
future profitable production or proceeds from the disposition thereof.

(e) Use of estimates

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Significant estimates used in the preparation of these consolidated financial
statements include, amongst other things, the recoverability of accounts
receivable, future income tax assets, the expected economic lives of and the
future operating results and net cash flows from resource properties, and the
fair values of stock options. Actual results could differ from those estimates.

(f) Loss per share

The basic loss per share is computed by dividing the net loss by the
weighted-average number of common shares outstanding during the year. The
diluted loss per share reflects the potential dilution by including other common
share equivalents, such as stock options, share purchase warrants and
convertible debt, in the weighted-average number of common shares outstanding
during the year. Options and debentures as disclosed in Notes 6 and 7 are
anti-dilutive and therefore have not been taken into account in the per share
calculations.

2. SIGNIFICANT ACCOUNTING POLICIES (Continued)

(g) Foreign currency translation

The Company has adopted the U.S. dollar as its currency of measurement and it is
used for external reporting purposes.

The Company's foreign currency transactions are translated into U.S. dollars
using the temporal method. Under this method, monetary assets and liabilities
are translated at the rate in effect at the balance sheet date. Other balance
sheet items and revenues and expenses are translated at the rates prevailing on
the respective transaction dates. Exchange gains or losses related to current
monetary items are included in operations. Exchange gains and losses related to
non-current monetary items are deferred and amortized over the remaining lives
of the monetary items.

(h) Stock-based compensation

The Company has early adopted accounting standards that require that all
stock-based awards made to non-employees and employees be measured and
recognized using a fair value based method (Note 3). Accordingly, the fair value
of options at the date of grant is accrued and charged to operations, with an
offsetting credit to contributed surplus, on a straight-line basis over the
vesting period. If the stock options are ultimately exercised, the applicable
amounts of contributed surplus are transferred to share capital.

(i) Income taxes

The Company accounts for income taxes whereby future income tax assets and
liabilities are computed based on differences between the carrying amount of
assets and liabilities on the balance sheet and their corresponding tax values
using the substantively enacted income tax rates at each balance sheet date.
Future income tax assets also result from unused loss carry-forwards and other
deductions. The valuation of future income tax assets is reviewed annually and
adjusted, if necessary, by use of a valuation allowance to reflect the estimated
realizable amount.

(j) Comparative figures

Certain prior year figures have been reclassified to conform with the current
year's presentation.

3. ACCOUNTING CHANGES

Effective February 1, 2003, the Company adopted the recommendations of the
Canadian Institute of Chartered Accountants (the "CICA") for stock-based
compensation and other stock-based payments. These recommendations established
standards for the recognition, measurement and disclosure of stock-based
compensation and other stock-based payments in exchange for goods and services.
In 2002 and prior years, no stock-based compensation expense was recognized when
share options were granted to employees and directors. In 2003, the Company
elected not to account for stock-based compensation, however, it disclosed the
pro forma effect of the stock-based compensation on its financial results.
Further to changes in the CICA section for stock-based compensation in 2003, the
Company has adopted the fair value based method of accounting for stock-based
compensation, as described in Note 2 (h). This change has been applied
retroactively and the financial statements for 2003 have been restated. The
effect of this change was to increase the net loss for the year ended
January 31, 2003 by $161,606 resulting in a net loss of $513,723 (increase of
$0.001 to loss per share). The contributed surplus at January 31, 2003 increased
to $161,606 and the deficit at February 1, 2003 increased to $4,731,704.

4. INVESTMENTS
2004 2003
--------- ---------
St. Andrew Goldfields Ltd.
(formerly Royal Victoria Minerals Ltd.) $ 34,496 $ 34,496

The St. Andrew Goldfields Ltd. ("St. Andrew") investment consists of 520,000
common shares with a quoted market value at January 31, 2004 of $119,600 (2003 -
$75,925).

During the year ended January 31, 2004, the Royal Victoria Minerals Ltd. ("Royal
Victoria"), St. Andrew Goldfields Ltd. and United Tex-Sol Mines completed a
business combination by way of a plan of arrangement with St. Andrew as the
surviving entity. Under the terms of the arrangement, Royal Victoria
shareholders received two common shares of St. Andrew for each Royal Victoria
common share.

5. RESOURCE PROPERTIES AND DEFERRED EXPLORATION COSTS

2004 2003
--------- ----------
Acquisition costs
Liberia, West Africa $ 320,000 $ 320,000
Guinea, West Africa 1,940,000 1,940,000
Sierra Leone, West Africa 1,695,000 1,695,000
Casa Berardi, Canada - 90,090
Closing balance $ 3,955,000 $ 4,045,090

Deferred exploration costs
Liberia, West Africa $ 5,412,294 $ 5,264,521
Guinea, West Africa 1,633,645 1,573,733
Sierra Leone, West Africa 1,594,645 808,957
Closing balance - see Schedule $ 8,640,584 $ 7,647,211

(i) Liberia

The Company holds two Mineral Development Agreements ("MDA") in Liberia for gold
and diamond development. These properties are in Western Liberia and consist of
the Bea Mountains and Kpo Range MDAs, are valid for 25 years with an option to
renew for another 25 years. Both these MDAs are dated November 28, 2001 and were
approved on March 14, 2002. The MDAs will allow the Company to start
pre-feasibility work and bankable feasibility work including, if required, pilot
mining.

(ii) Guinea

The Company holds 498 square kilometers of exploration permits in eastern Guinea
through the contiguous Missamana and Gueliban properties.

(iii) Sierra Leone

The Company holds seven prospecting licenses for diamonds, gold and base metals.
Four of the licenses are located in the eastern province of the country and
consist of Njaiama, Yengema, Nimini Central and Nimini South. The remaining
three licenses are located in the northern province and consist of Lake Sonfon,
South Pampana and North Pampana.

5. RESOURCE PROPERTIES AND DEFERRED EXPLORATION COSTS (Continued)

(iv) Canada

During the year ended January 31, 2004, the Company relinquished its interest in
the Casa Berardi area properties (Quebec, Canada) and the acquisition costs were
written off.

6. RECLAMATION BONDS AND CONTINGENCY

During the year ended January 31, 2002, the Company re-evaluated the prospective
viability of the Van Stone property (located in Stevens County, Washington
State, U.S.A.) and concluded that given the continued low commodity prices the
mine would remain closed. The Company is taking steps to dispose of the
property, mill and mine assets.

At January 31, 2004, term deposits totalling $340,610 (2003 - $340,610) have
been pledged to the State of Washington as security for reclamation costs on the
Van Stone property. A reclamation provision has been accrued in the amount of
$340,610. The Company has completed an assessment of the reclamation and closure
costs and it is anticipated that costs incurred will not exceed this provision.
The Company continues to monitor the Van Stone mine and will make further
provisions as deemed necessary.

7. SHARE CAPITAL

(a) Authorized

Unlimited number of common shares without par value

(b) Issued
Shares Amounts

Balance at January 31, 2002 101,162,671 $ 14,357,213
Shares issued on private placement (net of
costs) 26,300,000 1,094,815
Shares issued for settlement of debt 6,427,545 415,295
--------- ---------
Balance at January 31, 2003 133,890,216 15,867,323
Shares issued on private placement (net of
costs) (i) 66,250,000 4,762,147
Shares issued on exercise of warrants 7,530,000 386,126
Shares issued for settlement of debt (ii) 2,819,397 116,547
Balance at January 31, 2004 210,489,613 $ 21,132,143

(i) During the year ended January 31, 2004, the Company concluded two private
placements of 17,250,000 and 49,000,000 shares at #0.025 and #0.05 per share
respectively ($0.04 and $0.088) for proceeds of $4,762,147, which is net of
issue costs of $107,196.

(ii) During the year ended January 31, 2004, the Company issued 2,819,397 common
shares for settlement of debt of $116,547.

(c) As at January 31, 2004, there were 1,260,000 shares held in escrow with
their release subject to approval of regulatory authorities.

(d) Stock options

During the year ended January 31, 2004, the Company implemented a formal stock
option plan which permits the issuance of options up to 10% of the Company's
issued share capital. The Stock Option Plan provides for equity participation in
the Company by its directors, officers, employees and consultants through the
grant of options to purchase common shares of the Company.

This plan, as approved by the shareholders, authorizes the directors to grant
options within the limitations of this plan and subject to the rules of
applicable regulatory authorities. The exercise price of options granted under
this plan is at not less than market price as approved by the TSX Venture
Exchange. Generally the options are exercisable for a period of up to five years
and vest immediately.

The changes in stock options were as follows:

Weighted Weighted
Average Average
Exercise Exercise
2004 Price 2003 Price
--------- -------- -------- --------
(Cdn$) (Cdn$)
Balance outstanding,
beginning of year 9,945,000 $ 0.19 4,040,000 $ 0.30
Activity during the year
Options granted 905,000 0.10 5,905,000 0.11
Options lapsed (470,000) 0.29 - -
--------- -------- -------- --------
Ba

RNS Number:6040B
Mano River Resources Inc
04 August 2004

Mano River Resources Inc.

NEWS RELEASE

TSX Venture Exchange (TSX-V) Trading Symbol: MNO
London Stock Exchange - AIM Trading Symbol: MANA

MANO OBTAINS FURTHER ENCOURAGING DRILL INTERSECTIONS FROM
YIRISEN PROJECT, SIERRA LEONE

* Drilling results include 4.07g gold over 19m and a further 1.71g over
15m in hole YDD8
* Numerous +/-1m intersections grading 23.96g, 19.58g, 9.62g, 14.86g and
20.86g

Mano River Resources Inc. ("Mano") and Golden Star Resources Ltd. ("Golden
Star") announce encouraging assay results from a further six diamond drill holes
on the Yirisen gold project in Sierra Leone, West Africa.

Yirisen is located in the North Pampana Exclusive Exploration Licence (EXPL) in
the Sula Mountains greenstone belt and is the subject of a Joint Venture with
Golden Star (see http://www.manoriver.com/mano/investor/nr/nr0322_25nov.pdf).
Significant intersections from hole YDD8 in the drill programme include 4.07g
over 19m and 1.71g over 15m.

The gold assay results for holes YDD6 to YDD11 inclusive are summarised as
follows:

Hole Easting Northing From To Total Length Gold Grade
(m) (m) (m) (m) (m) (g/t)

YDD6 2000 1900 0.60 2.00 1.40 7.33

YDD7 1825 2060 19.00 27.00 8.00 0.59

YDD8 2002 2054 57.00 76.00 19.00 4.07
incl 57.75 60.00 2.25 17.53
67.00 70.03 3.03 6.14
73.90 76.00 2.10 7.50

and 82.00 97.00 15.00 1.71
incl 94.00 97.00 3.00 5.01

YDD9 1989 2101 69.00 73.00 4.00 0.98

YDD10 1954 2154 74.00 76.00 2.00 1.07

YDD11 1948 2200 79.00 81.00 2.00 1.51


Mano's CEO, Dr Tom Elder, comments: "The long intersections obtained in drill
hole YDD8, totalling 34m in combined length, confirm the presence of a
significant zone of mineralisation beneath the 60m long artisanal working
locally called the "UN Pit", which was first encountered in holes YDD1 and YDD2
with intersections grading 7.77g/t over 14m and 15.99g over 9.07m, respectively
(see release http://www.manoriver.com/mano/investor/nr/nr0409_07june.pdf). A
series of individually narrow (i.e. +/-1m) intersections grading 23.96g, 19.58g,
9.62g, 14.86g and 20.86g in hole YDD8 comprise high-grade veins within a wide,
lower-grade 'envelope'."

Core is being sawn on site, with half the core lengths air-freighted to
TransWorld Laboratories in Tarkwa, Ghana, for sample preparation and fire assay.
Severe delays have been experienced in getting core shipments to the lab in
Ghana and discussions are under way with several laboratories to set up a sample
preparation lab in Sierra Leone. In addition to the Boyles BBS37 diamond core
rig imported from the UK, a man-portable Boyles Scout Drill has been mobilised
to Yirisen and has already completed four holes in the less accessible northern
portion of the target area.

All sample preparation, crushing and fire assaying procedures of 30g sub-samples
pulverised to 95% at minus 100 microns (150#) is carried out at the TransWorld
laboratories in Ghana. In addition to Golden Star's Quality Assurance-Quality
Control (QA-QC) programme of duplicates, blanks and certified standards, Mano
has implemented its own QA-QC programme with repeat splits of approximately 1 in
50 core samples. As yet, there is insufficient geological information to enable
true widths to be calculated with confidence and, furthermore, no assays have
been cut. Independent geological consultants, A C A Howe International, have
analysed the duplicate channel sample data and report that the repeatability of
samples and the variance of analytical results are well within acceptable
limits.

Mano's Qualified Person responsible for supervising the exploration programme is
Greg Nowak, who holds an M.S. degree from the Mackay School of Mines, University
of Nevada-Reno, USA, is a Fellow of the Society of Economic Geologists and a
Member of the Geological Society of America.

About Yirisen
The Yirisen gold prospect is located within Mano's Pampana Exclusive Prospecting
and Exploration Licences (EPLs), 150km east of Freetown, which target
crustal-scale gold-mineralised shear zones across 140km2 of the southern end of
the Sula Mountains greenstone gold belt. The EPLs include stretches of the
Pampana River, one of Sierra Leone's richest and oldest alluvial gold mining
systems. The Yirisen gold system, as defined by a combination of mapped sites of
in situ mineralization, artisanal workings and soil geochemical anomalies (see
http://www.manoriver.com/mano/projects/gold_sl_pampana.shtml), trends north-east
and has a current inferred strike length of 3.75 km, open in both directions.
The Pampana Licences host additional gold targets at Kalmoro and Masamank, 1km
and 8km to the east and south west of Yirisen respectively.

About Mano / Golden Star Joint Venture
The joint venture covers Mano's portfolio of gold properties in Sierra Leone,
comprising Pampana, Sonfon and Nimini (see http://www.manoriver.com/mano/
investor/nr/nr0322_25nov.pdf). Under the terms of the joint venture, Golden Star
is committed to investing $1 million by end December 2004 and must make an
aggregate investment of US$6m over a staged four-year period in order to earn a
51% interest in Mano's gold licence portfolio in Sierra Leone. Golden Star may
earn a final equity interest of up to either 71% or 85% if Mano does not
co-fund, respectively, the Feasibility Study nor mine development. The Sonfon
Property is also the subject of a pre-existing Joint Venture between Mano and
Golden Prospect Plc (AIM:GOL), a diversified Investment Fund specialising in the
natural resources sector.

About Mano
Mano is a well-funded exploration company focused on the discovery of gold and
diamond deposits in the Archaean terrain of the highly prospective,
under-explored, West African Mano River Union (MRU) countries of Sierra Leone,
Liberia and Guinea. Mano considers the region has the potential to develop into
a world class gold and diamond-mining province. The Company now has over
25,000km2 under licence, close to one million ounces of gold in resource, a
cluster of diamondiferous kimberlite pipes and joint ventures in place with
Golden Star, BHP Billiton and Trans Hex Group which, if they are all fully
exercised, will involve a total of over US$11m in third party expenditure. With
increasing market recognition of the recent positive evolution in the regional
politics, Mano is starting to capitalise on its position as the pre-eminent gold
and diamond explorer in the sub-region.

On behalf of the Board of Mano River Resources Inc.
Tom Elder
President and CEO

For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at www.manoriver.com or contact
one of the following:

Tom Elder President and CEO UK +44 (0) 1235 810 740
Raz Hussein Controller Canada +1 (604) 689 1700
Gary Middleton Capital PR UK +44 (0) 7951 603 289

The TSX Venture Exchange has not reviewed and does not take responsibility for
the adequacy or accuracy of this release




This information is provided by RNS
The company news service from the London Stock Exchange

END
DRLKZLBBZVBEBBD

Press Mention : Daily Mail Newspaper

Beyond the Footsie: Wednesday close
4 August 2004, This Is Money

On the upside and bucking the weaker market trend, Mano UK added 0.62p to 8.37p after an upbeat drilling update.

The group announced encouraging assay result from a further six diamond drill holes on its Sierra Leone gold project.

http://www.thisismoney.com/20040804/nm81112.html

HI WHY HAS NO ONE POSTED ANYTHING SINCE JUNE, IM GOING TOO KEEP MY BEEDY EYE ON THIS ONE MONDAY 6TH SEPT TOO SEE IF ITS WORTH BUYING INTO..SEEMS UNLESS YOU BUY LOTS FOR A QUICK PROFIT THIS ONE MIGHT TAKE ITS TIME CLIMBING BACK UP WHAT IS ANYONE SAYING THANKS...

I cannot believe that the shares at are 8p, why? because at the start of the year they were at a similar level and even lower but the award of a prospective licence pushed them upwards to 16p. Since then Diamonds and gold discovered, further prospecting licences granted and deals with BHP Billition but the price heads down?
I hold shares and have stocked up, it is still a complete gamble but with a worldwide diamond shortage and their knowledge of Africa I am hoping for a bounce in the coming months. BHP taking notice of their activities has to be a positive, as I say though, it is a gamble but when they do make positive announcements the shares bounce 20-30% in a short-time, you can then hold and hope it sticks and moves higher or sell at a profit and buy more at the next trough, playing the same game as those with loads I reckon??

Broker Note.
================

Grand strategy

Mano River has reported continued progress at its diamond and gold
properties in the West African states of Liberia and Sierra Leone. This is
against the background of an improving political situation in both
countries, which are currently stable. The process of stabilisation in
Sierra Leone has been ongoing since British intervention in early 2002.
Liberia, however, remained unsettled until August 2003 when the then
president, Charles Taylor, fled the country. Whilst both countries remain
at the higher-risk end of the spectrum the company is now operating
programmes in both countries.

In Liberia, the company has discovered a number of diamondiferous
kimberlite pipes. These are the subject of a joint venture with Trans Hex,
through which the latter will spend US$2m on exploration. The company
also has a large regional scale exploration joint venture with the Liberian
government, which runs for three years. At Manos high grade Kono
diamond project in Sierra Leone, the company is currently evaluating
how best to mine the deposit, it also has a major regional scale joint
venture with BHP Billiton.

Of the companys gold projects, the most advanced is the Bea Licence in
Liberia where the Weaju and KGL projects have a delineated resource of
800,000oz of gold. Many other targets exist along a 70km mineralised
structure. The company is aiming to drill a number of these projects over
the next nine months with the objective of identifying a resource of 2Moz.
The companys gold projects in Sierra Leone are subject to a number of
joint venture agreements with work ongoing at all of them over the next
few months.

We believe that Mano has built up a portfolio of very highly prospective
ground over the past few years in areas that, in the light of an improving
political situation, may now be commercialised. The companys strategy
of remaining in areas that were for a long time viewed as being too high
risk to justify exploration is, today, yielding benefits. These areas are also
some of the few truly prospective regions that remain entirely unexplored
using modern methods. Mano also retains a healthy cash position with
US$2m remaining, sufficient to fund exploration through to mid 2005.

Our only criticism of the company would be that at the present time
investors find the web of joint ventures is confusing and that the timetable
of the majors funding them does not take into account a junior explorers
need for newsflow. However on anticipation of news from the gold
projects in Liberia, and the Kono diamond project in Sierra Leone, over
the next few months, we restate our BUY recommendation.

No of shares (m) 213.0
Market cap (m) 18.4
(%) 1m 3m 12m
FTA relative 9.4 -9.1 55.6
12 month high/low (p) 16.87/5.25
Next news:
Exploration updates
Business: Gold and diamond exploration
in Sierra Leone, Liberia and Guinea.

www.manoriver.com

After this mornings RNS,just had a quick read through it,me thinks mana is still a big gamble but might bear fruit early next year...any thoughts???

Ask Sue Helen if you can find him/her.

Cheers Intercept,I agree with all that you said there.Hopefully get good news coming in regularly over the next few months.

I think Mano Rivers should deliver a good return from todays share price as mentioned by Intercept, well undervalued.
Only point is they only have funds currently to take them into middle of next year so need the good news in the next few months and some cash from the BHP JV.

banjo,

I think Mano are an excellent company, with decent and varied prospects, and quality JV partners.

I consider Mano to be low risk from an exploration point of view, and medium risk for the countries they are operating in. (I personally have discounted the country risk, but I keep an eye on the news!)

I think this is more of a medium to long term stock, and this may explain why mano is considered to be curerenly undervalued, as there are more immediate prospects of short term gains elsewhere.

I hold Mano.

Cheers Andy,
I bought a small amount (about march this year)should have probably sold when the downward trend continued but decided to hold on.I knew of the risk in buying into this sector but it's an exciting (as far as shares can be-lol)field to be in especially with the steady rise with the possibility of a sudden rise on good news!
One other good aspect regarding mana is when they put an rns out they appear
to give a full picture good or bad.

Intercept,
Hope you were addressing thoughs questions to Andy!!!!If your baffled........................
Anyway at least the Boro managed a draw with man u today

banjo,

yes a decent result for Boro, just like our draw at Blackpool yesterday!

I agree the sector is excitng, and with it can come good rewards, such as AEN last week. IMHO reasonably tight stop losses are required, to minimise the duffers, and preserve capital for those that go on a run.

Mano will produce the goods in the longer term IMHO, I am confident of that, but I think there are better opportunities In the short term.

PDL - Looks like just me & the mms - 50 to 65 in 2weeks - some big backing which helps in these countries - Southern African industry is on the rise. rns out shortly?

ahhhhhhhhhhh pressed the wrong key,have to write this again..........
Just got in,a bit disapointed that there was nothing regarding mana today/ok yesterday.they have been steadily moving up with there usual good rns statements,but after to days news i would have thought there would be some debate good/bad on this subject!!!
Does GF have any interest in this company or is it small fry-just asking,because i've never seen him mention them!
Don't usually invest in this field so any help would be appreciated.15p would get me back to even but will hang on now...........think it's going to rocket.........wishfull think or a good investor-lol

Some newsflow should be coming in the next few weeks.

RNS Number:8759D
Mano River Resources Inc
08 October 2004

MANO RIVER RESOURCES INC.

NEWS RELEASE

8 October 2004
No: 2004/16

TSX Venture Exchange (TSX-V) Trading Symbol: MNO
London Stock Exchange - AIM Trading Symbol: MANA


MANO AND GOLDEN STAR COMPLETE FIRST PHASE DRILLING PROGRAMME AT YIRISEN, SIERRA
LEONE


* Latest drilling results include 12.9g gold over 2.00m in hole YDD13,
1.55g gold over 23m in hole YDD15 and 2.69g gold over 9m in hole YDD22

* Soil geochemistry survey under way over all seven Joint Venture licences
to complete pre-agreed phase 1 work programme


Mano River Resources Inc. ("Mano") and Golden Star Resources Ltd. ("Golden
Star") announce further encouraging assay results from the balance of the first
phase diamond drill holes on the Yirisen gold project in Sierra Leone, West
Africa. Yirisen is located in the North Pampana Exclusive Exploration Licence
(EXPL) in the Sula Mountains greenstone belt and is the subject of a Joint
Venture with Golden Star (see http://www.manoriver.com/mano/investor/nr/
nr0322_25nov.pdf).

The gold assay results for holes YDD12 to YDD25 inclusive are summarised as
follows:

Hole Easting Northing From To Total Length Gold Grade
(m) (m) (m) (m) (m) (g/t)
YDD12 1869 2259 55.27 58.59 3.32 1.78
99.61 104.00 4.39 1.22
YDD13 1869 2259 63.00 65.00 2.00 12.91

YDD14 1850 2350 33.00 36.00 3.00 1.71
Assays awaited from 36m to end of hole

YDD15 1859 2297 25.53 27.14 1.61 10.55
32.00 33.00 1.00 7.77
56.00 79.00 23.00 1.55
incl 60.00 64.19 4.19 6.11
76.09 77.49 1.40 5.03

YDD16 1860 2299 61.61 63.00 1.39 1.03
80.95 85.00 4.05 0.78

YDD17 1974 1849 27.00 30.00 3.00 1.48
53.00 75.00 22.00 0.75

YDD18 1975 1800 61.00 62.00 1.00 6.87
74.00 76.00 2.00 1.18

YDD19 1971 1750 39.00 43.00 4.00 1.41

YDD20 1901 2840 hole not sampled due to core loss

YDD21 1843 2839 no significant assays

YDD22 1911 3005 34.00 43.00 9.00 2.69
incl 40.00 42.00 2.00 9.22

YDD23 1932 3040 no significant assays

YDD24 1909 3035 no significant assays

YDD25 2013 1643 no significant assays from 0m to 39m; assays
awaited from 39m to end of hole

YDD26 1837 2708 Assays awaited


Summarising the drilling results to date, holes YDD1 to YDD19 inclusive all
intersected gold mineralisation, demonstrating that the zone centred on the "UN
Pit", (which was first encountered in holes YDD1 and YDD2 with intersections
grading 7.77g/t over 14m and 15.99g over 9.07m, respectively, see release http:/
/www.manoriver.com/mano/investor/nr/nr0409_07june.pdf) has a minimum strike
length of 600m. A potential further zone is indicated by the intersection
grading 2.69g/t over 9m in hole YDD22, located 1,000m north of the UN Pit.
Assays from missing samples relating to the lower parts of holes YDD14 and
YDD25, and hole YDD26, are still awaited.

In order to complete the pre-agreed Joint Venture work programme, the balance of
the 2004 Phase 1 budget will be devoted to Golden Star funding a comprehensive
soil grid geochemistry survey over all the Joint Venture licences, at Pampana,
Sonfon and Nimini, in order to assist in the planning of the next phase of
drilling.

Several companies now actively exploring in Sierra Leone have expressed an
interest in joining Mano in providing financial support for the setting up of a
sample preparation lab in Sierra Leone, the aim being to avoid the severe delays
which have been experienced in getting core shipments to the lab in Ghana.

Background

All sample preparation, crushing and fire assaying procedures of 30g sub-samples
pulverised to 95% at minus 100 microns (150#) is carried out at the TransWorld
laboratories in Ghana. In addition to Golden Star's Quality Assurance-Quality
Control (QA-QC) programme of duplicates, blanks and certified standards, Mano
has implemented its own QA-QC programme with repeat splits of approximately 1 in
50 core samples. As yet, there is insufficient geological information to enable
true widths to be calculated with confidence and, furthermore, no assays have
been cut. The duplicate channel sample data have been assessed and the
repeatability of samples and the variance of analytical results are well within
acceptable limits. Mano's Qualified Person responsible for supervising the
exploration programme is Greg Nowak, who holds an MSc degree from the Mackay
School of Mines, University of Nevada-Reno, USA, is a Fellow of the Society of
Economic Geologists and a Member of the Geological Society of America.

About Yirisen

The Yirisen gold prospect is located within Mano's Pampana Exclusive Prospecting
and Exploration Licences (EPLs), 150km east of Freetown, which target
crustal-scale gold-mineralised shear zones across 140km2 of the southern end of
the Sula Mountains greenstone gold belt. The EPLs include stretches of the
Pampana River, one of Sierra Leone's richest and oldest alluvial gold mining
systems. The Yirisen gold system, as defined by a combination of mapped sites of
in situ mineralization, artisanal workings and soil geochemical anomalies (see
http://www.manoriver.com/mano/projects/gold_sl_pampana.shtml), trends north-east
and has a current inferred strike length of 3.75 km, open in both directions.
The Pampana Licences host additional gold targets at Kalmoro and Masamank, 1km
and 8km to the east and south west of Yirisen respectively.

About Mano / Golden Star Joint Venture

The joint venture covers Mano's portfolio of gold properties in Sierra Leone,
comprising Pampana, Sonfon and Nimini licences (see http://www.manoriver.com/
mano/investor/nr/nr0322_25nov.pdf). Under the terms of the joint venture, Golden
Star is committed to investing $1 million by end December 2004 and must make an
aggregate investment of US$6m over a staged four-year period in order to earn a
51% interest in Mano's gold licence portfolio in Sierra Leone. Golden Star may
earn a final equity interest of up to either 71% or 85% if Mano does not
co-fund, respectively, the Feasibility Study nor mine development. The Sonfon
Property is also the subject of a pre-existing Joint Venture between Mano and
Golden Prospect Plc (AIM:GOL), a diversified Investment Fund specialising in the
natural resources sector.

About Mano

Mano is a well-funded exploration company focused on the discovery of gold and
diamond deposits in the Archaean terrain of the highly prospective,
under-explored, West African Mano River Union (MRU) countries of Sierra Leone,
Liberia and Guinea. Mano considers the region has the potential to develop into
a world class gold and diamond-mining province. The Company now has over
25,000km2 under licence, close to one million ounces of gold in resource, a
cluster of diamondiferous kimberlite pipes and joint ventures in place with
Golden Star, BHP Billiton, Trans Hex Group and Navasota which, if they are all
fully exercised, will involve a total of over US$13m in third party expenditure.
With increasing market recognition of the recent positive evolution in the
regional politics, Mano is starting to capitalise on its position as the
pre-eminent gold and diamond explorer in the sub-region.

On behalf of the Board of Mano River Resources Inc.
Tom Elder
President and CEO

For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at www.manoriver.com or contact
one of the following:

Tom Elder President and CEO UK +44 (0) 1235 810 740
Raz Hussein Controller Canada +1 (604) 689 1700
Gary Middleton Capital PR UK +44 (0) 7951 603 289

The TSX Venture Exchange has not reviewed and does not take responsibility for
the adequacy or accuracy of this release




This information is provided by RNS
The company news service from the London Stock Exchange

END
DRLBVLFBZBBZFBQ

SH

Pity you didn't post whilst the SP was on the slide. Funny old thing, bit of a rise and Hey Presto! You're back.

cheers SH,graphs look interesting but don't have a clue what they mean-lol,will have a better look in morning-just got in!!!
Am i right in thinking that the only way mana will rise substantialy is if they actually find a workable site?If they do,does that mean they will require more funding to set this up?
been a long day and hang over in morning no doubt
mick

still going up

In the Results in the summer...the company did indicate that more news on drilling will be announced towards end of the year - may explain the recent rise in price.

Yes SH but the volume today was higher than normal without any official news........so would it be fair to think that news has been leaked and if so when news is officially released how far would it rise,the share price that is? I would predict around the 20p mark meself!

I think the 17 pence resistance will be a tough nut to crack....depends on what kind of drilling news comes through....News on more than one joint venture should be with us before the end of the year.

Mano River Resources Inc
01 December 2004


MANO RIVER RESOURCES INC.

NEWS RELEASE

1 December 2004
No: 2004/17

TSX Venture Exchange (TSX-V) Trading Symbol: MNO
London Stock Exchange - AIM Trading Symbol: MANA

MANO RIVER AND CROWN DIAMONDS CONCLUDE A HEADS OF AGREEMENT FOR KIMBERLITE
DIAMOND PRODUCTION IN SIERRA LEONE


Diamond production planned in 2005 from the Lion Kimberlite Dykes

Experienced kimberlite dyke miner to earn 51% through US$3m investment

High grades (up to +/- 1 carat per tonne) and high values (+/- $200 per
carat) anticipated

Mano River Resources Inc. ('Mano') and Crown Diamonds Ltd. ('Crown') announce
the conclusion of a Heads of Agreement to enter a Joint Venture for the
production of diamonds from the underground mining of diamond-bearing kimberlite
dykes (the 'Lion' dykes) defined within Mano's three contiguous licence areas
that cover 260km2 across the world-famous Kono diamond district ('Kono
Licences') of Sierra Leone.

Mano's CEO, Dr Tom Elder comments: 'Results to date indicate that a very
significant diamond resource hosted by kimberlite dykes potentially exists
within Mano's Kono licences. Crown Diamonds are the pre-eminent kimberlite dyke
developers, with four existing dyke mining operations in the Republic of South
Africa, and represent the perfect technical partner for Mano to ensure the rapid
development and mining of the Lion kimberlites. The joint venture with Crown
represents yet another significant development for Mano as the Company now looks
forward to cash flow from hard rock kimberlite diamond mining.'

Basis of the deal
Though an investment of US$3m over 3 years Crown will earn a 51% interest in
Mano's 100% owned subsidiary, The Kono Diamond Corporation Ltd, which will hold
the three Kono licences. Thereafter Mano has the option to co-fund to maintain
its interest at the 49% level. The agreement between Mano and Crown envisages
Crown as Operator moving directly into underground mine construction and
production in 2005, based on:

Crown's technical expertise in the underground mining of kimberlite
dykes
Mapping which has defined at least ten kimberlite dykes of up to 6km in
length each
High grade of 94 carats per hundred tonnes (cpht) from mini bulk samples
of dyke 'Lion-5'
High carat value (+/- $200) anticipated, based on current production
results from adjacent Koidu pipe mine
Extensive artisanal mining from the weathered portion of dykes
High stability of the granite host rocks which should limit mining
dilution
Potential for extensions to the Lion dykes and making new kimberlite
pipe discoveries
Strong support from the Sierra Leone Government Ministries for
commercial production

About the Kono diamond district
The Kono diamond district has been extensively worked primarily by alluvial
miners since diamonds were first discovered in the 1930s and is reported to have
produced 65-70% of Sierra Leone's historical diamond carat output. By 1969,
historical production from alluvial sources in the Kono area was estimated at 9
million carats (Hall P.K., 1969; The Diamond Fields of Sierra Leone). The
district is the source of the world's third largest gem diamond found to date;
namely the 969 carat 'Star of Sierra Leone'. In 2002, Reuters reported news
issued by the Government Gold and Diamond Office and Ministry of Mines that a
110 carat stone had been discovered and officially exported. It sold for
US$958,000 (+/-US$10,000 per carat) and was said to have been discovered within
Mano's Kono licences.

About Crown Diamonds
Crown Diamonds (
www.crowndiamond.com.au
) is a specialist underground diamond
mining company that anticipates production of 170,000cts in 2005 and 240,000cts
by 2008, from its existing high grade underground kimberlite dyke mining
operations in the Republic of South Africa.

Results from Mano's Kono licences to date
Exploration results from Mano's Kono licences have previously been reported by
Mano and are summarised as follows and in Table 1:

A grade of 94cpht was obtained for a sample of the Lion-5 dyke, which
has been mapped for a distance of approximately 1km. Sampling and historical
mapping show that Lion-5 is open along strike and represents part of the
westerly extension of the adjacent Koidu kimberlite pipes and dykes mine
currently in commercial production by Koidu Holdings SA.

The Lion-1 kimberlite dyke has been mapped discontinuously along strike
for approximately 5km. As previously reported a mini-bulk sample of 1.7t
yielded 22 diamonds weighing 1.1 carats for a minimum grade of 64.7cpht.

The Lion-2 kimberlite dyke has been mapped discontinuously for 6km and
three small 30kg grab samples yielded a total of 17 macrodiamonds and a mini
bulk sample has yielded a grade of 46cpht.

Eight further kimberlite dykes have been identified elsewhere throughout
the Kono licences, designated the Lion-3 to Lion-10 occurrences, all of
which have reportedly been exploited for diamonds at surface by artisans

Float samples of diatreme facies kimberlite, suggestive of an
undiscovered pipe or blow, have previously been found and a stream sample
collected in the suspected source area returned abundant ilmenite and
supporting garnet. A number of these garnets are classified as G10 in
composition after probing

Four loam blocks covering high interest stream sample anomalies have
been sampled and the results received. Abundant garnet, and ilmenite with
supporting chromite, chrome diopside and diamond suggest that additional
kimberlites are likely to be discovered

Table 1 - Results of Mini-Bulk Samples

Recovered Diamonds Total Weight Grade
Dyke Sample +0.5mm +1mm +2mm +3mm +4mm Total (carats) (cpht)
Lion-1 50017 1 11 4 5 1 22 1.1 65
Lion-1 50225 4 1 5 0.15 15
Lion-2 50223 10 3 1 14 0.46 46
Lion-2 50223 12 8 2 22 0.5568 27.8
Lion-2 50231 9 23 2 1 35 0.45 45
Lion-3 50227 0 0 0
Lion-5 50229 1 10 9 2 22 0.94 94

In some cases mini bulk samples were unavoidably mixed with surrounding country
rock material, resulting in a reduction in the reported grade. Each sample was
washed and jigged on site to recover diamonds in the +0.71 to -2.0mm and +2.0mm
size fractions. All of the diamonds recovered from these samples were weighed
and described by the Cape Town laboratory of Mineral Services Ltd.

About Mano
Mano is a well-funded exploration company focused on the discovery of gold and
diamond deposits in the Archaean terrain of the highly prospective,
under-explored, West African Mano River Union (MRU) countries of Sierra Leone,
Liberia and Guinea. Mano considers the region has the potential to develop into
a world class gold and diamond-mining province. The Company has over 25,000km2
under licence, close to one million ounces of gold in resource, a cluster of
diamondiferous kimberlite pipes and joint ventures in place with Golden Star,
BHP Billiton, Trans Hex Group, Navasota and Crown Diamonds which, if they are
all fully exercised, will involve a total of over US$16m in third party
expenditure. With increasing market recognition of the recent positive evolution
in the regional politics, Mano is starting to capitalise on its position as the
pre-eminent gold and diamond explorer in the sub-region.

On behalf of the Board of Mano River Resources Inc.
Tom Elder
President and CEO

For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at
www.manoriver.com
or contact
one of the following:

Tom Elder President and CEO UK +44 (0) 1235 810 740
Raz Hussein Controller Canada +1 (604) 689 1700

The TSX Venture Exchange has not reviewed and does not take responsibility for
the adequacy or accuracy of this release



This information is provided by RNS
The company news service from the London Stock Exchange

Frustrating this, rises and falls back again, how much potential does it need for the sp to stick and move on.
SueHelen, is there any more news due this side of Christmas?

Back end of year for things to start happening for mana me thinks,anyone following this company on this site??

this is just waiting to bust out!!!! imho

NEWS RELEASE

25 May 2005
No: 2005/11

TSX Venture Exchange (TSX-V) Trading Symbol: MNO
London Stock Exchange - AIM Trading Symbol: MANA

MANO RIVER MAKES KIMBERLITE DISCOVERY IN LIBERIA

New kimberlite body discovered in its Mineral Cooperation Agreement (MCA)

Likely source of the abundant G10 garnets recovered in sampling

Detailed loam sampling block completed

Ground magnetics and gravity surveys planned

Mano River Resources Inc. ('Mano') is pleased to announce that it has discovered
a new kimberlite in its MCA licence in western Liberia, just four months after
commencing exploration in the area. The MCA, covering 15,000km2, is a
contributory joint venture between the Government of Liberia (30%) and Mano
(70%) and incorporates the rights to explore for diamonds, gold and base metals.

On April 5th 2005, Mano reported (see:
http://www.manoriver.com/s/

NewsReleases.asp) high interest garnet recoveries from a number of MCA
reconnaissance samples and on the basis of these results commenced follow-up
investigations. A detailed loam-sampling block was recently completed and early
results from Mano's laboratory in Monrovia identified one specific area of
interest where abundant ilmenite and garnet had been recovered. Shallow pits dug
over these sample sites intersected highly decomposed kimberlite at a depth of
just over 1m.

Considering the sampling results in the context of the local geomorphology, it
is considered likely that more than one kimberlite is present in the immediate
vicinity, so Mano is in the process of extending the loam sample coverage. In
addition, ground gravity and magnetic geophysical surveys will be undertaken in
the near future in an effort to fast-track future discoveries, as well as
provide information on the surface area of the kimberlite(s). All kimberlites
discovered will be analysed for diamond potential. However, based on the
excellent garnet chemistry and the close proximity of artisanal diamond
workings, Mano considers the diamond potential of this new kimberlite area to be
high.

Mano's President and CEO, Dr. Tom Elder, comments: 'The early discovery of
kimberlite in our MCA demonstrates Mano's technical capability and justifies our
belief that this part of the Archaean Man Craton is highly prospective for
diamonds. The MCA extends over 15,000 square kilometres of this unexplored
terrain and we have only scratched the surface in terms of its potential.'

Elsewhere in Liberia, Mano is currently embarking on detailed ground geophysical
surveys over its diamondiferous kimberlite cluster at Weasua, in joint venture
with Trans Hex Group. In addition, in Sierra Leone Mano is pursuing anomalous
reconnaissance results in its 9,000 square kilometre REPL licence in partnership
with BHP Billiton, while in the Kono area preparations have commenced for
underground bulk sampling of Mano's high-grade diamond-bearing kimberlite dykes,
in partnership with Crown Diamonds.

About Mano

Mano is a well-funded exploration company focused on the discovery of diamond
and gold deposits in the Archaean terrain of the highly prospective,
under-explored, West African Mano River Union countries of Liberia, Sierra
Leone, and Guinea. Mano considers the region has the potential to develop into a
world-class diamond and gold-mining province. The Company has over 25,000km2
under licence, close to one million ounces of gold in resource, a cluster of
diamondiferous kimberlite pipes in Liberia and joint ventures in place with BHP
Billiton, Trans Hex Group, Crown (Petra) Diamonds, Golden Star and Navasota,
which, if they are all fully exercised, would see a total of over US$16m in
third party expenditure on Mano's properties. With increasing market recognition
of the recent positive evolution in the regional politics, Mano is starting to
capitalise on its position as the pre-eminent diamond and gold explorer in the
sub-region.

On behalf of the Board of Mano River Resources Inc.
Tom Elder
President and CEO

For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at
www.manoriver.com

Guardian report today says traders expect Mano to split Diamond and Gold assets into separate companies....

Perhaps Monday.

Great news at last, upwards from now on:

Mano River Resources Inc
13 December 2005


Mano River Resources Inc.

13 December 2005

No: 2005/30



TSX Venture Exchange (TSX-V) Trading Symbol: MNO

London Stock Exchange - AIM Trading Symbol: MANA





MANO RIVER DISCOVERS TWO MORE KIMBERLITES IN WESTERN LIBERIA



Two new kimberlites discovered in Mano's Mineral Cooperation Agreement
(MCA) licence



Ground Magnetics and Gravity survey completed with encouraging results



Detailed soil sampling and pitting ongoing to define additional
discoveries



Mano River Resources Inc. ('Mano') is pleased to announce the discovery of two
new kimberlites in its Mineral Cooperation Agreement (MCA) licence. The MCA is
a 70:30 contributory Joint Venture between Mano and the Government of Liberia
and covers an area of some 15,000 square kilometres in the west of the country.



The two new kimberlites, designated Alpha-2 and Alpha-3 were discovered through
pitting of kimberlite indicator mineral anomalies generated through detailed
soil sampling. Alpha-2 is located only 350m to the north of the previously
reported Alpha-1 kimberlite discovery, whereas Alpha-3 is located some 10km to
the south. In both cases, the areas surrounding the kimberlites have been
subjected to extensive surficial artisanal diamond mining. Pitting indicates
that Alpha-3 is potentially a kimberlite pipe, although further work needs to be
done to confirm its dimensions, as well as those of Alpha-2.



Exploration in the MCA has recently focussed on detailed soil sampling, which
has been completed over seven blocks measuring 1km by 1km each. These samples
are currently being processed through Mano's diamond laboratory in Monrovia and
results are available for four of the blocks, all of which show abundant
indicator anomalies suggestive of new kimberlites. As part of the exploration
programme, detailed ground magnetics and gravity surveys were completed over two
blocks that host the Alpha-1 and Alpha-2 kimberlites. Encouraging results were
generated that will be investigated in the New Year. In addition, ground
magnetic surveys will be completed over all the other sampling blocks, including
the Alpha-3 area.



Mano's President and CEO, Dr. Tom Elder, comments: 'The continued rapid rate of
kimberlite discoveries from this MCA area not only demonstrates the strength and
expertise of Mano's technical team, but also highlights the vast potential that
this area has to eventually yield an economic diamond mine. On the basis of our
results, we are confident that more discoveries will be made.'


On behalf of the Board of Mano River Resources Inc.
Tom Elder
President and CEO

RNS item today has good gold grades. They're going to fast-track this particular project to definitive feasibility study. Good News!!!

MANA is the greatest thing since sliced bread. Their joint venture with Petra Diamonds should be producing diamonds in June.

agree Arf, surprised so few on this thread.

MANA will turn into a class act with a lot of demand and two divisions gold and diamonds, both producing, or one sold on. Buy the shares would be a wise move.

Anyone think the drop in the SP is anything other than the battering taken by minerals as a whole?
Alex

THIS IS ONE TO WATCH CHECK OUT RNS ON 14th. I am not a holder but someone who has free cash may want to check out!

Excellent RNS item out this morning: resource upgraded from 1 million ounces of gold to 1.4 million ounces.

Significant director share buying see RNS, news coming perhaps?

I'm staying hopeful about this one. It feels like timescales have got shorter recently.

MANA making positive news this morning!

Click HERE

news just out
DJ Mano River Resources: African Aura Resources Hldrs OKs Merger

LONDON (Dow Jones)--Mano River Resources Inc (MANA.LN) and African Aura Resources Ltd. (AAZ.V) Friday announce that African Aura shareholders approved the previously-announced merger transaction with Mano River at its special meeting of shareholders held Friday. 100% of the votes cast at the meeting were voted in favour of the Transaction.

MAIN FACTS:

-The Transaction is structured as a merger under the corporate laws of the British Virgin Islands.

-In accordance with the combination agreement dated 30 June 2009 between African Aura and Mano River, African Aura will, subject to regulatory approval, merge with MANAAR Limited, a wholly-owned BVI subsidiary of Mano River.

-Mano River will thereby acquire all of the issued and outstanding common shares of African Aura.

-Closing of the Transaction is scheduled to occur on or about October 2, subject to the completion of certain corporate steps and the receipt of certain regulatory approvals.

-On completion of the Transaction, the initial focus of the englarged group will be on creating value by advancing the New Liberty Gold Project towards production and the completion of a 27,000 million resource drilling programme on the Putu Project.

-In parallel, the merged company will continue the cost effective exploration of its portfolio of gold and iron projects in Cameroon.

-Where appropriate, cost and risk sharing joint ventures will be undertaken on projects which require either significant capital or in which the board of the merged company is unwilling to invest additional funds or human resources.

-Further merger and acquisition opportunities in sub- Saharan Africa will continue to be assessed as part of the merged company's broader long term strategy to become a leading diversified resource company in Africa with robust gold and iron divisions.

-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com

(END) Dow Jones Newswires

September 18, 2009 10:48 ET (14:48 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.

mm's caught on the hop here.......late news when they were packing up ready for the friday swift one.......lots of upside here with news out so late might be the chance to get in early monday morning......should see some mention in the press this weekend and with gold being hot property at the moment may come under the radar of some predator for a bid............as usual dyor but got in just after the news was released ..been on my radar for a while and been a bit static....cant see it being so monday......have a good un