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 : 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.