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Adriana Drills 1,730 Meters at Lac Otelnuk; Completes Geophysics on Bedford Iron Prospect

Adriana Resources Inc. ("Adriana" or the "Company") - (TSX-V: ADI, WKN: A0F7EL) is pleased to announce the Company has completed an additional 13 drill holes totaling 1,730 meters as of July 7th, 2008 on the Company's 100% optioned Lac Otelnuk Iron Project in the Labrador Trough, Qu�bec. The diamond drill program is designed to define a National Instrument ("NI") 43-101 compliant inferred mineral resource estimate on the South Zone of the Lac Otelnuk iron deposit.

Adriana recently completed a general surface grab sampling program at the Bedford Iron Prospect, located in Labrador, to examine the iron formation that exists on the property. Results are expected shortly. The Company contracted MPX Geophysics to complete a 672 line-kilometer aeromagnetic (helicopter) geophysical survey at 100-meter spacings. The survey was completed on June 28th and the Company expects analysis of the results by August.

"Adriana continues to advance its strategic iron ore assets in the Labrador Trough. The Bedford Iron Prospect continues to have many similar characteristics to the Lac Otelnuk Iron Project and we look forward to defining this iron prospect," commented Michael Beley, President of Adriana. "Drilling at Lac Otelnuk is ahead of schedule, on budget, and the Company is confident that a NI 43-101 compliant resource estimate can be defined. The Labrador Iron Trough has the potential to become a strategic location for the development of significant iron resources to meet the global long term iron supply needs of steel mills."

About Lac Otelnuk Iron Project

The Lac Otelnuk Iron Project is a Lake Superior type iron formation, or taconite, identified over a strike length of approximately 25 kilometers, based on results from exploration drilling (36 holes) in the 1970s and geological and geophysical mapping. In 2007, the Company completed 27 diamond drill holes totaling 2,191 meters on the South Zone of the Lac Otelnuk Iron Project.

Results from 2007 drilling indicate good lateral continuity of the iron formation and a significant increase in stratigraphic thickness compared with drilling in the 1970s. The 2008 diamond drill program will focus on completing the remaining 40 drill holes (approximately 4,000 meters) required to test the 9,000-meter strike length of the South Zone; as recommended by Watts Griffis and McOuat Limited, a Toronto-based firm of independent consulting geologists and engineers contracted by Adriana to act as technical consultants to the project.

For further information on the Lac Otelnuk Iron Project please refer to Adriana's website at: http://www.adrianaresources.com/s/LacOtelnuk.asp

About the Bedford Iron Prospect

The property is located in Labrador and is 27 kilometers northeast of the town of Schefferville, Qu�bec on the east side of Howells River. The Bedford Iron Prospect consists of 4,400 hectares and covers a significant government aeromagnetic anomaly strategically located within 3 kilometers of the LabMag iron deposit and within 12 kilometers of the K�Mag iron deposit, both held by New Millennium Capital Corp. The Property is also within close proximity to several Direct Shipping Iron Ore deposits previously owned by the Iron Ore Company of Canada which operated mines in the area from 1954 to 1982.

Additional information on the Bedford Iron Prospect is available on Adriana's website at http://www.adrianaresources.com/s/BedfordIron.asp and is highlighted in a news release dated March 25, 2008.

Mr. Frank Condon, P.Eng., a director of the Company and a qualified person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this news release.

About Adriana Resources Inc.

Adriana's goal is to become a fully integrated iron ore producer through continued development of its iron ore port facility in Brazil, through acquisition of iron ore mineral resources in Brazil, and the advancement of the Lac Otelnuk Iron Project in Qu�bec, Canada.

For more information, contact Robert Ferguson or Ali Sinawi at (604) 629-0250 or toll free at (877) 629-0150 or visit the Company's website at www.adrianaresources.com.

ON BEHALF OF ADRIANA RESOURCES INC.

"Michael J. Beley"
President

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this release.

You can also view this News Release on our website at:
http://www.adrianaresources.com/s/NewsReleases.asp?ReportID=310910


Suite 1818 - 701 West Georgia St
Vancouver, BC
Canada V7Y 1C6

Telephone: 604.629.0250
Fax: 604.629.0923
Toll Free: 877.629.0150
Email:
info@adrianaresources.com


(TSX-V: ADI)


Jul 09, 2008: News Releases: Adriana Drills 1,730 Meters at Lac Otelnuk; Comple...   >Read More

Jun 25, 2008: News Releases: Adriana Grants Incentive Stock Options   >Read More

Jun 25, 2008: News Releases: Adriana Appoints Joseph Fodor as Executive Vice Pr...   >Read More

Jun 04, 2008: News Releases: Adriana Commences 2008 Diamond Drill Program on th...   >Read More


 
 
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Annual reports of Adriana Resources Inc.
2008 Annual Report
Annual Report 2007
Financings of Adriana Resources Inc.
5/22/2011Continues Negotiations
2/15/2011Announces Signing $28 Million Private Placement With WISCO
11/11/2010Announces Closing of Second Tranche Non-Brokered Private Pla...
2/8/2010Announces Second Flow-Through Private Placement Closing and ...
12/31/2009Announces Flow-Through Private Placement Closing
12/17/2009Announces C$4 Million Flow-Through Financing and New Chairma...
11/15/2007Announces $30 Million Private Placement
Option Grants of Adriana Resources Inc.
9/18/2009Engages Investor Relations Specialists & Grants Incentive St...
8/19/2009Grants Incentive Stock Options
6/16/2009Grants Incentive Stock Options
5/25/2009Grants Incentive Stock Options
6/26/2008Grants Incentive Stock Options
Nominations of Adriana Resources Inc.
4/9/2013The Company Appoints a Director, Metallurgical
3/11/2013Announces Resignation of a Director of the Company
2/4/2013The Company Appoints a Director, Environment and Sustainabil...
7/4/2011Appoints Chief Financial Officer
7/20/2009Appoints Allen J. Palmiere to Board of Directors
4/20/2009Appoints New Directors to Board
11/20/2008Appoints Director of Port Development for Brazil Operations
6/25/2008Appoints Joseph Fodor as Executive Vice President
4/2/2008Appoints Paul Yeou to the Board of Directors
Project news of Adriana Resources Inc.
2/27/2013(Lac Otelnuk)Lac Otelnuk Property-Limited Notice to Proceed
10/22/2012(Lac Otelnuk)Provides Project Update for Lac Otelnuk
3/20/2011(Lac Otelnuk)Announces Assay Results
1/17/2011(Lac Otelnuk) Adriana Announces Strategic Partnership with WISCO
10/14/2009Provides Update on Permitting Process for Brazilian Deep Sea...
5/8/2009(Lac Otelnuk)Files National Instrument 43-101 Technical Report and Resou...
3/23/2009(Lac Otelnuk)Reports 4.29 Billion Tonnes of Indicated Mineral Resources a...
2/12/2009(Lac Otelnuk)Confirms Lac Otelnuk Iron Deposit Over 22.5 Square Kilometre...
1/29/2009(Lac Otelnuk)Commences Resource Estimate at Lac Otelnuk Iron Project
11/25/2008(Lac Otelnuk)Completes 2008 Exploration Program At Lac Otelnuk Iron Proje...
11/20/2008Provides Update on Accelerated Permitting Process for Brazil...
7/9/2008(Lac Otelnuk)Drills 1,730 Meters at Lac Otelnuk; Completes Geophysics on ...
6/4/2008(Lac Otelnuk)Commences 2008 Diamond Drill Program on the Company's 100% O...
5/29/2008Reaches Milestone in Brazil Port Permitting
4/3/2008(Lac Otelnuk)Reports Results at Lac Otelnuk - Drills 95.8m of 30.4% Fe
1/10/2008(Brazore Ltda) Completes Purchase of Brazilian Port Land; Achieves First P...
Corporate news of Adriana Resources Inc.
5/13/2013Grants Incentive Stock Options
1/25/2011Adriana Res. announces grant of 947.500 incentive options at...
11/19/2010Clarifies Reports
9/14/2010Recieves "IT" Environmental Permit for Brazilian Deep Sea Po...
12/1/2009BNN - Chinese Demand For Iron Ore - Interview with Adriana C...
11/25/2009Announces Management and Board Changes
8/17/2009Announces Approval Of Amended Arcelormittal Convertible Debe...
7/24/2009Enters into Memorandums of Understanding with a Major Chines...
6/1/2009ArcelorMittal Extends Port Agreement with Adriana
4/22/2009ArcelorMittal Extends Port Agreement with Adriana
3/9/2009& Stock Research Portal
1/6/2009Arcelormittal Extends Port Agreement with Adriana
11/12/2008Goldbard Cancels Agreement to Acquire MIE Metals Corp.
11/5/2008Iron sector hit by global slowdown
9/12/2008Closes $10 Million Financing
9/10/2008Goldbard Enters Agreement to Acquire MIE Metals Corp.
8/25/2008featured in the Globe and Mail
8/20/2008Partners With ArcelorMittal
8/11/2008Announces $2 Million Financing
7/2/2008We're Moving!
6/20/2008featured in Global Mining Finance
5/9/2008 Shareholders Approve Shareholder Rights Plan
5/9/2008Announces Dr. Anthony Patriarco Joins Board of Directors
4/8/2008 Adopts Shareholder Rights Plan
3/25/2008 Acquires Labrador Trough Iron Prospect
1/15/2008 Announces Conversion of Convertible Debentures
11/22/2007 Closes First Tranche of $30 Million Financing; Exercises Po...
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