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TAW - Tawana Resources NL - Aquila Intersects Further High Grade Manganese at

Release Date: 08/07/2008 10:42:03      Code(s): TAW
TAW - Tawana Resources NL - Aquila Intersects Further High Grade Manganese at   
the Avontuur Projects in South Africa                                           
Tawana Resources NL                                                             
(Incorporated in Australia)                                                     
(Registration number ACN 085 166 721)                                           
Share code on the JSE Limited: TAW & ISIN: AU000000TAW7                         
Share code on the Australian Stock Exchange Limited: TAW    ISIN: AU000000TAW7  
("Tawana" or "the Company")                                                     
8 July 2008                                                                     
Aquila Intersects Further High Grade Manganese at the                           
Avontuur Projects in South Africa                                               
Tawana indirect interest 6.8%                                                   
Aquila Resources Limited ("Aquila") today announced further promising manganese 
assay results from its Avontuur Projects located 75km north west of Kuruman, in 
the Northern Cape Province of South Africa.  This announcement is a follow up to
the announcement of 8 April 2008 where Aquila announced high grade manganese    
intersections from the first 3 holes assayed in the 370km2 Avontuur area.       
The manganese discoveries were identified on two mineralised prospects some 20km
apart and adjoining the northern-most farms of the main Kalahari Manganese      
Field.                                                                          
Southern Project                                                                
Drilling on the southern project area of the Avontuur permit has discovered     
manganese mineralisation in the Hotazel Formation, which is interpreted to      
represent an extension of the Kalahari Manganese Field. The permit boundary is  
approximately 8 km north of the Wessels underground mining operations, where ore
is mined over a depth range of 300 to 500m.                                     
A programme of diamond drilling is in progress across the projected trend of the
mineralisation. Highlights of the assay results from the next 3 holes drilled   
within the project area are as follows:                                         
* 4.31m @ 38.81% Manganese                                                      
* 3.54m @ 47.52% Manganese                                                      
* 4.41m @ 49.79% Manganese                                                      
(Detailed analytical results may be viewed on www.tawana.com.au)                
Northern Project                                                                
Drilling on the northern project area of the Avontuur permit is also testing    
manganese mineralisation in the Hotazel Formation along the northern end of the 
Avontuur Basin. The Avontuur Basin is approximately 10km long and is located    
20km north of the larger Kalahari Manganese Basin. Further encouraging assays   
have been received from 6 diamond holes drilled along a 2km projected           
mineralised trend. Highlights of the assay results from these 6 holes are as    
follows:                                                                        
* 5.40m @ 56.82% Manganese                                                      
* 3.68m @ 50.81% Manganese                                                      
* 2.68m @ 47.42% Manganese                                                      
and 1.86m @ 46.73% Manganese                                                    
* 2.12m @ 55.24% Manganese                                                      
 and 1.57m @ 59.24% Manganese                                                   
(Detailed analytical results may be viewed on www.tawana.com.au)                
Manganese ore is used in the steel making process primarily in the form of      
silico-manganese and ferromanganese alloys. The world demand for manganese      
depends directly on the requirements of the steel industry with the price of    
manganese ore continuing to rise in recent years.                               
Tawana Resources NL holds an indirect interest of 6.8% in the Thabazimbi Joint  
Venture through its 26% holding in Rakana Consolidated Mining (Proprietary)     
Limited, the joint venture partner of Aquila in South Africa.                   
Wolf Marx                                                                       
Tel. +61 3 98635222                                                             
Mob: +61 428 398 446                                                            
Email : wolf.marx@tawana.com.au                                                 
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 08/07/2008 10:42:02 Supplied by www.sharenet.co.za                     
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