La Mancha Resources Inc LACHF

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Press Release Source: La Mancha Resources Inc. La Mancha Advances White Foil Mine Thursday November 16, 1:18 pm ET TSX - LMA VANCOUVER, Nov. 16 /CNW/ - La Mancha announces that a milestone has been met with respect to recommencing mining operations at the Company's 100% owned White Foil Project in Western Australia. Dewatering of the open pit has begun and the Company expects to complete this process by mid-2007. The Company remains on target to resume production in late 2007 or early 2008. The White Foil project contains a measured resource of 274,500 ounces and an indicated resource of 125,500 ounces for a total of 400,000 ounces gold. Additionally, there are 160,000 inferred ounces. La Mancha Resources is a new global gold producer that has recently listed on the Toronto Stock Exchange. The Company has two producing gold mines in Africa, two gold mines in Western Australia preparing to resume production in 2007/08, over one million ounces in resources, 30 exploration properties in four countries and C$48 million in cash. Technical Note: Disclosure of the technical aspects of the Australian mining assets is the responsibility of Thomas Schrimpf, MAusIMM, RPEQ, Principal Consultant, Underground Mining for SRK Consulting, who is the independent qualified person for La Mancha Resources, and Daniel Guibal (FAusIMM (CP), MMICA), Corporate Consultant of SRK, and John Jenks, P.Geo., who was a Director of the Company when the NI 43-101 technical report for White Foil was completed. This press release contains "forward-looking information" that is based on La Mancha's expectations, estimates and projections up to the date such information is disclosed. This forward-looking information includes, among other things, statements with respect to La Mancha's business strategy, plans, outlook and expectations. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause La Mancha's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Trading in the securities of La Mancha Resources Inc. should be considered highly speculative. For further information please visit www.lamancharesources.com, or contact JJ Jennex, Investor Relations at Tel: [phone] or email: [e-mail] -------------------------------------------------------------------------------- Source: La Mancha Resources Inc.