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Samaranta Mining acquires an 80% interest in the 14,300 hectare Siguiri property located within the prolific Birimian Greenstone Belt in Guinea, West Africa.

Samaranta appears to be well-positioned to benefit from the economic uncertainty driving up the price of gold and gold miners right now. Recent results from an airborne survey indicate major profit possibilities for the fledgling miners.

The recent success of gold miners is encouraging for Samaranta Mining Corporation (SAX), especially following Tuesday's announcement concerning the company's recent Magnetometer and Gamma Spectrometer (Radiometrics) survey. The survey, which occurred on four separate blocks, including the company's key asset, the Guadalupe property, yielded optimistic results; identifying eight areas demanding follow up.

Samaranta intends to secure exclusive negotiating rights to gold and platinum targets In Choco, Colombia.