December 17, 2010
La Mancha Resources Inc. (TSX: LMA, hereinafter “La Mancha” or the “Company”) reports that due tothe increased agitation observed over the last 24 hours in the Zouan Hounienregion, in western Côte d’Ivoire, the Ity mine proceeded to the orderlyinterruption of its activities. The Ity mine represents only 15% of theCompany’s total gold production for 2010.
Dominique Delorme, Presidentand CEO of La Mancha noted: “In this difficult period for Côte d’Ivoire, LaMancha’s first priority continues to be the safety and security of ouremployees and their family. To that effect, we have cautiously decided totemporarily suspend mine operations. La Mancha’s international diversificationhelps minimize the impact of the current event as only 15% of our goldproduction comes from our Côte d’Ivoire operation.”
The current situation at theIty mine remains calm, however further precautionary measures have been takento safeguard all mine assets. All the gold poured over the recent weeks wassafely transported off the mine site.
La Mancha’s production targetfor 2010 remains between 120,000 and 130,000 ounces of gold, of which 65% isproduced in Australia, 20% in Sudan, and only 15% of which is produced in Côted’Ivoire.
ABOUT LA MANCHA RESOURCES INC:
La Mancha Resources Inc. is an international goldproducer with operations, development projects and exploration activities inAfrica, Australia and Argentina. La Mancha’s shares trade on the Toronto (TSX)under the symbol “LMA”. For more information on the Company, visit its websiteat http://www.lamancha.ca/.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
Thispress release contains certain “forward-looking statements”, including, but notlimited to, the statements regarding the Company’s future commercialproduction. Forward-looking statements express, as at the date of this pressrelease, the Company’s plans, estimates, forecasts, projections, expectationsor beliefs as to future events and results. Forward-looking statements involvea number of risks and uncertainties, and there can be no assurance that suchstatements will prove to be accurate. Therefore, actual results and futureevents could differ materially from those anticipated in such statements. Risksand uncertainties that could cause results or future events to differmaterially from current expectations expressed or implied by theforward-looking statements include, but are not limited to, factors associatedwith the geopolitical tensions currently observed in Côte d’Ivoire, miningindustry risks, exploration risks, environmental risks and hazards, uncertaintyas to calculation of mineral reserves, requirement of additional financing oradditional permits, authorizations or licenses, risks of delays in constructionand production and other risks referred to in La Mancha’s 2009 AnnualInformation Form filed with the Securities Commissions, as well as the TorontoStock Exchange.