Lamaque Project: Exploration Update

Lamaque Project:  Exploration Update

Drilling Tests for Extensions of Known Zones

Excellent Potential to Expand Inferred Resources

Completed Option of Teck Cominco's Interest in Lamaque Property


Vancouver, British Columbia CANADA, November 06, 2008 /FSC/ - Kalahari Resources Inc.  (KLA - TSX Venture), is pleased to announce the completion of a diamond drilling program designed to test for extensions along strike and down-dip of known gold zones on the Lamaque Property near Val d'Or, Quebec.  The road-accessible project covers 3,800 acres immediately south of the Lamaque and Sigma Mines, which have collectively produced close to 9 million ounces of gold since the 1930s (see Figure 1).

To view Figure 1, click on the link below, or copy and paste onto your browser:
http://www.usetdas.com/images/kalahari/kalaharipr1106003.jpg


* Assays are awaited for 22,923.33 meters of NQ diamond drilling in 29 holes testing the No. 10 Vein and Parallel Zones, which lie about 700 meters east of the Lamaque Mine and 1 km south of the Sigma Mine.

* Results from recent drilling will be combined with results of historical drilling by Teck Cominco (the previous operator) to produce an updated resource estimate for the No. 10 Vein and Parallel Zone.

Since optioning the rights to the Lamaque Property in 2003, Kalahari has earned 100% of Teck Cominco's interest in the property through exploration expenditures and various other considerations.  Kalahari has also acquired 100% of Teck Cominco's interest in the Rocdor East and Rocdor West claims, where new targets have been generated.  The recently completed drilling program was designed to test priority gold zones and expand inferred resources.  Recent work programs have also generated new exploration targets using deep-penetrating VTEM geophysical surveys and MMI (mobile metal ions) geochemical surveys.

Two of the zones, the No. 4 Plug and the No. 10 Zone, collectively have an Inferred Mineral Resource of 1,365,000 tons grading 0.186 oz. Au/ton (cut*) or 0.275 oz. Au/ton (uncut) as audited and reclassified by a Watts Griffis & McOuat's NI 43-101 Technical Report dated September 2004. (*High gold values cut to 1 oz Au/ton).

-***-

------------------------------------------------------
Zone                  Tons        Tonnage Grade (oz/t)
------------------------------------------------------
No. 10 Zone         216,000              0.224
------------------------------------------------------
No. 4 Plug         1,149,000             0.179
------------------------------------------------------

-****-

Inferred Historical non-compliant NI 43-101 tonnage estimates for four other zones are shown below:

-***-

------------------------------------------------------
Zone                  Tons        Tonnage Grade (oz/t)
------------------------------------------------------
Parallel Zones        98,000             0.386
------------------------------------------------------
No. 4 Plug           152,000             0.185
------------------------------------------------------
No. 1 Vein           164,000              0.26
------------------------------------------------------
No. 6 Vein           117,000              0.20
------------------------------------------------------

-****-

It is important to note that the No. 10 Zone and the Parallel Zones are in close proximity and could potentially be serviced from the same decline or shaft.
Another important advantage is the existence of several milling facilities in the immediate Val d'Or area, which will process ore on a custom-milling basis.  The close proximity to metallurgical facilities, water, and power, combined with easy road access will allow for reduced development and capital costs, should a future production decision be reached at the Lamaque Property.

Kalahari believes the Lamaque Property has excellent potential to add to the inferred resources referenced above.  The property is situated just one kilometer north of the prolific "Cadillac Break," a deformation zone about 150 miles long that is a fundamental control for gold mineralization in the world-famous Val d'Or, Malartic, Cadillac and Kirkland Lake mining camps.

The most prolific gold producers in the immediate Val d'Or region are the historic Lamaque and Sigma Mines.  The Sigma-Lamaque Complex is the largest of a series of shear-zone related quartz tourmaline vein deposits occurring north of the "Cadillac Break."

Kalahari's Lamaque Property does not include the four mines that provided the majority of the ore for previous owners of the Lamaque Mine, but does include three smaller previously mined deposits and eight known zones, including those hosting historic and NI 43-101 compliant inferred resources.

A portion of the property is covered by tailings from previous mining operations.  Kalahari intends to investigate the possibility of drilling the tailings area.  This would test for extensions on the No. 10 Vein structure and could lead to a possible increase in inferred resources.

The NI 43-101 Technical Report prepared by Watts, Griffis and McOuat (WGM) confirms that the property has excellent potential for "further discoveries of economic gold mineralization" and that the fundamental control on mineralization is structural.  The report states that more drilling is warranted to test for lateral and depth extensions of known veins and to explore for other veins in the hosting structures.  To facilitate exploration programs, Kalahari intends to compile a database encompassing the results of both recent and historic exploration programs on the property.

NOTE: In order to be consistent with the historical data from the Lamaque property, exploration results are provided in feet and ounces per ton gold.

Don Cross, P. Eng., is the designated Qualified Person responsible for exploration on the Lamaque Property.

About the Company

In addition to the wholly owned Lamaque Property, Kalahari holds interests in diamond projects in Ontario and the Northwest Territories, as well as a gold-molybdenum prospect in Ontario.  The diamond assets include a 19.38% interest in the Back Lake Project, 270 kilometers northeast of Yellowknife, and a 50% interest in diamond properties in the Chapleau-Wawa district of Ontario, with the balance held by partner Chalice Diamond Corp.

CONTACT INFORMATION

Corporate Inquiries: Kevin Hull or Alan Campbell
                       (604) 685-2222
                       info@kalahari-resources.com  

Or visit our website: www.kalahari-resources.com to see the Smartstox Interview with Company President, Richard Hughes.


The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties.  Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.




Source: Kalahari Resources Inc.  (TSX-V: KS)
Maximum News Dissemination by Filing Services Canada Inc. *
www.usetdas.com