Artha Resources Corporation (TSX VENTURE:AHC) (the "Company") announces that it
has arranged a non-brokered private placement of up to 24,000,000 units at a
price of $0.05 per unit for gross proceeds of up to $1,200,000.


Each unit will consist of one common share of the Company and one common share
purchase warrant. Each whole warrant will be exercisable into one common share
of the Company for a period of 24 months from the closing of the offering at an
exercise price of $0.07 per share in the first year and $0.25 per share in the
second year. 


The net proceeds from the offering are intended to be used to fund phase one
reconnaissance drilling activities at the Company's Pirquitas properties in the
Province of Jujuy, Argentina and for general working capital purposes. The
proposed work program is expected to cost $1,000,000 and consists of follow-up
detailed mapping at key prospects to refine and extend the current drill
targets, minor infrastructure and access development for drilling and up to
1,500 meters of diamond drilling. The main area of exploration will focus on the
Noeilla Breccia and the Pirquitas NW Prospects. Noeilla Breccia is located
approximately 2500 metres from Silver Standard's recent high grade drilling
intersections at the Cortaderas Breccia Project. The Company's recent
acquisition of the Community Agreement and exploration permits allow for the
commencement of the work program immediately following the closing of the
Offering. 


Exploration completed by Artha suggests the Noeilla Breccia target is an
extension of the same structure that hosts Silver Standard's main Pirquitas
deposit and the Cortaderas Breccia Project. Recent drilling on this project
produced a significant discovery including 78 meters at 756 g/t silver and 9.8%
zinc and 24 meters at 1,764 g/t silver and 4.9% zinc.


"The prospect of drilling the Pirquitas properties is very exciting for
management and our shareholders," says Artha's CEO Charles Straw. "Given the
geology of the project, and proximity to Silver Standard's operations, there is
tremendous potential for a discovery."


Artha was founded by a team of mining industry professionals with a proven track
record in project generation, exploration, mining and finance. The team's
primary goal is to build Artha into a world class mining company, focused on the
discovery, development and mining of economic minerals deposits globally.


To view the maps accompanying this press release please click on the following
link: http://media3.marketwire.com/docs/AHC1108.pdf 


On Behalf of the Board of Directors,

Todd McMurray, President

Forward-Looking Statements

This press release contains forward-looking information within the meaning of
the British Columbia Securities Act relating to the Company's expectations,
intentions, plans and beliefs. Forward-looking statements include statements
regarding the Company's exploration, development and drilling of the Pirquitas
properties. Forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual results to be
materially different from any future result expressed or implied by the
forward-looking statements. Factors that may cause actual results to vary
include, but are not limited to, risks inherent in mineral exploration and
development including environmental hazards, unusual or unexpected geological
formations; risks associated with the estimation of mineral resources and
reserves and the geology, grade and continuity of mineral deposits; the
Company's inability to obtain the required licences, permits and regulatory
approvals required for the exploration and development of the Pirquitas
properties; uncertain political and economic environments; changes in laws or
policies; completion for capital and skilled workers; and changes in commodity
prices and exchange rates. The Company does not assume the obligation to revise
or update these forward-looking statements after the date of this document or to
revise them to reflect the occurrence of future unanticipated events, except as
may be required under applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Artha Resources Corporation
Todd McMurray
604 648 1530
todd@artharesources.com
www.artharesources.com


Progressive IR
Andrew Mugridge
604 689 2881
andrew@progressive-ir.com

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