AMANTA ANNOUNCES CONVERTIBLE LOAN AGREEMENT
July 31, 2008

Amanta Resources Ltd. (the "Company") is pleased to announce that it has entered into a convertible loan agreement with Torakit Investments Ltd. ("Torakit") for a total of $700,000.  The loan is repayable in 2 years and will bear interest at Canadian prime rate plus 1% (as determined by HSBC Bank Canada) per annum, payable quarterly in advance.  The principal amount of the loan may be converted into a total of up to 3,500,000 common shares of the Company at a deemed price of $0.20 per share.   In connection with the loan, the Company will issue to Torakit 3,500,000 share purchase warrants exercisable at a price of $0.20 per share for a period of 2 years.

The funds received will be used by the Company to fund the advancement of the Company’s copper project in Luang Namtha, Laos, and for general working capital purposes.

Pursuant to the loan agreement, the Company granted Torakit the right to purchase a 10% working interest in the Luang Namtha, Laos copper project on the Maturity Date, which may be exercised by Torakit reimbursing the Company for 10% of the direct project expenditures incurred by the Company during the period between the Closing Date and the Maturity Date of the loan agreement.

Amanta Resources Ltd. is focused on mineral exploration, development and production in Thailand and the Lao PDR.  The Company has four exploration and development projects in Thailand (for gold and tungsten) and has recently been granted a significant Copper Exploration and Development Concession in northern Laos. The Company presently holds 100% interests in each of its projects.

For more information, please contact Patrick Cauley
Tel. 604-730-9505,   email: info@amantaresources.com

This press release is not an offer of securities for sale in the United States.  The offer of the securities has not been and will not be registered under the United States Securities Act of 1933, as amended. Securities may not be offered or sold in the United States absent registration or an exemption from registration.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.