Anatolia Minerals

Press Release

Based upon the results of this Scoping Study, Anatolia plans to proceed with follow-up engineering, metallurgy and other work in order to develop a Preliminary Feasibility Study within the next few years. If subsequent work confirms favorable economics, Anatolia could consider initiating development within a few years after the planned oxide mine reaches full commercial production, or could wait until the oxide reserves are depleted, as assumed in the study. Either could have a positive financial impact on Anatolia.

Anatolia's President Richard Moores commented, "Anatolia is gratified to have received such positive results from the ��pler Sulfide Scoping Study. We look forward to further refining this aspect of our ��pler gold deposit and continuing to add value for our shareholders. This Scoping Study indicates the sulfides could net a quarter of a billion dollars for the company at $574 per ounce gold and triple that at current prices.� Additionally, during 2007, Anatolia completed almost 33,000 meters of drilling at ��pler and anticipates positive impacts for both oxides and sulfides in our next resource update, expected by the end of the first quarter of 2008."

The Scoping Study represents an unoptimized, technically feasible design undertaken for Anatolia by Pennstrom Consulting, Easton Process Consulting, Inc. and Resource Development Inc. All dollar references herein are in U.S. dollars.�

The Scoping Study

The Scoping Study includes the open-pittable sulfide portion of the ��pler gold deposit, with a total sulfide resource of 35.0 million tonnes at 2.3 gpt gold, containing approximately 2.6 million ounces of gold, at a gold price of $475/oz (see Table 1). The potential benefit of some 8.5 million ounces of silver and approximately 70 million pounds of copper associated with the gold is given no value in this study; future work will assess these and other potential upsides. Total gold recovered over a twelve-year mine life is estimated to be approximately 2.3 million ounces gold.

The Scoping Study contemplates a large-scale, 8,000 tonnes per day ("tpd") open pit mine.� Mill throughput, of which 5,000 tpd at 1.81 gpt gold undergoes flotation and 3,000 tpd at 3.11 gpt gold provides feed to a 4,000 tpd POx autoclave. Life of mine strip ratio will be 1.7:1 with annual production averaging approximately 189,490 ounces of gold. The mine is designed for 8,000 tpd mill feed, or 2.92 million tonnes per year.

Initial project economics for the Scoping Study (pre-tax, 100% equity) estimate total capital costs of $161 million including direct and indirect capital costs (optimization, detailed design, EPCM, commissioning, contingency, etc.). Sustaining capital and owner's costs are not provided. Capital costs estimates are plus or minus 30%. Cash operating costs including contract mining are $25.01 per tonne of ore treated in the POx plant, with cash operating costs estimated to be $385/oz gold produced, with no byproduct credits. Total estimated production costs are $456/oz gold, yielding an unoptimized pre-tax internal rate of return of 17.8% at a gold price of $574 per ounce (based on average gold price over the past 3 years). Payback occurs 4.5 years after initial production. Gold recovery averages 87.9%.

Table 1

Mineral Reserves & Resource Estimates

(from Technical Report, dated April 30, 2007)

with Breakout of Oxide and Sulfide Materials

Mineral Reserves����������������������������������������������������

Mineral Resources in Addition to Reserves

As detailed in Table 1, above, global sulfide reserves plus resources plus inferred at ��pler total 37.8 million tonnes at 2.19 gpt gold. During economic analysis, some of the lower grade sulfide material did not support the full sulfide processing costs and was removed from the sulfide resource base. For the purposes of this study, approximately 2.8 million tonnes averaging 0.80 gpt gold was reclassified as waste, increasing the strip ratio by 13.3%, to 1.7 to 1 and increasing the grade of the remaining 35.0 million tonnes of processible material by 5% to 2.30 gpt gold, as shown below in Table 2.�

Table 2

Sulfide Facility Feed Tons and Grade

Table 3 provides a financial sensitivity analysis for gold price, initial capital cost and operating cost.

Table 3

Financial Sensitivity Analysis

Moving Forward

is proceeding with studies for process optimization, mine planning optimization and additional engineering design for the ��pler Sulfide Gold Project open pit mining and processing operation. Trade-off studies will include different processing options and mining schedules. Anatolia will continue with further metallurgical testing to optimize process parameters and project economics.

Consulting Engineers

Anatolia retained William J. Pennstrom of Pennstrom Consulting and Christopher Easton of Easton Processing Consulting Inc., who prepared the process and infrastructure design and capital and operating costs and integrated the work of other consultants, including Independent Mining Consultants as filed on SEDAR April 30, 2007, (mineral reserves, resource estimation and mine planning), and Deepak Malholtra of Resource Development Inc. (metallurgical testing).

Qualified Persons

Mr. William J. Pennstrom of Pennstrom Consulting is the "qualified person" as defined by National Instrument 43-101 of the Canadian Securities Administrators ("NI 43-101") and is responsible solely for the contents of the Scoping Study. Mr. Christopher Easton of Easton Processing Consulting Inc. is the "qualified person" for the process design, Mr. Malholtra of Resource Development Inc. is the "qualified person" for metallurgy and Mr. John Marek, P.E. of Independent Mining Consultants is the "qualified person" for the resource estimate and ore reserves, as per the SEDAR 43-101 document filed April 30, 2007. Messrs. Pennstrom, Easton, Malholtra and Marek are not responsible for the contents of this news release. The Scoping Study is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary assessment will be realized. Additional drilling will be required and is planned to better categorize these mineral resources. A technical report summarizing the Scoping Study and meeting the requirements of NI 43-101 will be filed with the appropriate regulatory authorities within 45 calendar days of this news release.

Anatolia is developing its 100%-owned ��pler Gold Project in Turkey. The current phase of development anticipates mining the open-pittable oxide portion of the deposit over a 10-year period, producing 1.8 million ounces gold and 2.2 million ounces silver. Additionally, Anatolia is among Turkey's leading minerals exploration companies, targeting numerous potentially large-scale base metals and gold opportunities.

Anatolia currently has 83.1 million common shares issued and outstanding, 99.0 million fully diluted. For more information: Richard C. Moores, President, (303) 670-9945/9947 (fax), or Douglas Tobler, Chief Financial Officer, (303) 292-1299/297-0538 (fax), or visit www.anatoliaminerals.com. Anatolia trades on the Toronto Stock Exchange as ANO.

This news release may contain forward-looking statements in respect of various matters including upcoming work programs and events. The results or events predicted in these forward-looking statements may differ materially from actual results or events. Anatolia disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Assays are performed by ALS-Chemex, Vancouver, BC, Canada, with quality control of sampling, preparation and assaying overseen by Anatolia, whose President, Richard C. Moores, is a "qualified person" for the purposes of applicable Canadian securities regulations. Mr. Moores reviewed this press release.