Chariot Resources Ltd (CHD)

[Deep_Digger]

OT: Sumisu san, Nihon ni imasu ka? Ore wa ima nihon ni iru kedo ishukan dake... Samui!

[sumisu]

Deep_Digger-san,

Do itashimashite !!!!!

sumisu

[Deep_Digger]

Arigato, Sumisu.

[sumisu]

Chariot Resources Update: Resource Estimate Report Filed on Sedar Corporate Update

Wednesday February 14, 2:25 pm ET

TORONTO, ONTARIO--(CCNMatthews - Feb. 14, 2007) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) announced today that (a) the 43-101 technical report for the updated resource estimate of the Mina Justa deposit was filed on SEDAR on February 13, 2007; and (b) that Chariot has received a formal request from Rio Narcea Gold Mines Ltd. ("Rio Narcea") to terminate its shareholder rights plan ("the Plan"). As at January 31, 2007, Rio Narcea was the holder of approximately 19.9% of the outstanding shares of Chariot.

Resource Estimate Report:

On November 16, 2006, Chariot announced that the Mina Justa Deposit had an Indicated resource of 346.6 million tonnes at a grade of 0.71% Cu and an Inferred resource of 127.9 million tonnes at a grade of 0.60 % Cu. The Indicated and Inferred resource have been determined using a 0.30% Cu cut-off. At this cut-off, the Mina Justa Deposit contains 5.4 billion pounds of copper in the Indicated resource category and an additional 1.7 billion pounds of copper in the Inferred resource category.

The 43-101 technical report containing these estimates was filed February 13, 2006 was compiled by independent consultants, Snowden Mining Industry Consultants Inc.

Corporate Update:

Chariot has advised Rio Narcea that it does not intend to terminate the Plan except in accordance with its terms. In its response to Rio Narcea's request that Chariot terminate the Plan, Chariot stated that its board of directors became concerned during January 2007 that (1) Rio Narcea might be attempting to accumulate a position in advance of launching an unsolicited take-over bid for Chariot and (2) without a rights plan, Rio Narcea could supplement a 19.9% ownership position with exempt trades which would effectively allow it to creep into a blocking position with respect to any change of control transaction involving Chariot.

The Plan was adopted to prevent any creeping take-over of Chariot and to allow the directors of Chariot to prevent any attempt to acquire control of Chariot other than by means of a permitted offer made to all shareholders.

Chariot also announced that there are currently no discussions underway with Rio Narcea with respect to a change of control transaction involving Chariot.

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Chariot's Marcona Copper Project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Ulli Rath, President & CEO

Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath, President & CEO
Office: [phone] or Cell phone: [phone]
Website: www.chariotresources.com

IR Advisor
Forbes West
Office: [phone] or Cell phone: [phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

http://ca.us.biz.yahoo.com/ccn/070214/200702140372745001.html?.v=1

[Deep_Digger]

I didn't hear anything...

[Rhubarb]

Shhhh dont tell no one.
this has been my best kept secret since .285 shares and .10 warrants

[y0]

It's finally moving!

[Rhubarb]

ASK and Y'ee Shall Receive
thanks
i found it in my e mail too!!!

[sumisu]

Chariot Provides Mina Justa Project Update

Monday February 5, 8:00 am ET

TORONTO, ONTARIO--(CCNMatthews - Feb. 5, 2007) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to provide an update on the Mina Justa project and announces that: drilling will resume at Magnetite Manto the week of February 12, and at Mina Justa on March 15; and process selection to treat the copper oxide mineralization will be completed in the second quarter.

Budget For 2007:

Marcobre SAC ("Marcobre", Chariot's 70% owned Peruvian subsidiary) has proposed a budget for 2007 in the amount of approximately US$ 24 million (Chariot share: $US16.8 million). Highlights of the budget include a third and final drill campaign at the Mina Justa project of approximately 40,000 metres plus 5,000 metres of drilling for the regional exploration program. The budget includes funding to complete the Feasibility Study, the Environmental and Social Impact Assessment, and the project debt financing program. Also included in the budget is funding to start a local youth training project, an important component of Marcobre's community development program.

Resource Estimate Report:

On November 17, 2006 Chariot announced a new resource estimate for the Mina Justa project. Chariot has been advised by Snowden Mining Industry Consultants ("Snowden") that the 43-101 report on the new resource estimate for Mina Justa will be completed by Feb 10 and that Snowden does not expect any materially different results to be in the 43-101 report from those released on November 17, 2006.

Process Selection:

The first two rounds of oxide heap leaching metallurgical tests have now been completed. In the second round, tests indicated that, in some samples, the consumption of acid was variable and much higher than anticipated. A third and forth round of leaching tests has been initiated to test how acid consumption can be reduced under optimum leaching conditions.

Studies have also been initiated to evaluate the costs and benefits of vat leaching and thin layer heap leaching as processes by which to leach the copper oxide mineralization.

At the end of the fourth round of tests, the studies of vat leaching and thin layer heap leaching will be compared in order to determine which leaching process is the most attractive. Chariot expects this comparison will be completed in the second quarter.

The metallurgical testing program and process selection is being carried out under the supervision of Chariot's special team which includes: W. Joseph Schlitt (B.Sc. and PhD in Metallurgical Engineering) with 40 years of experience specializing in copper leaching at existing operations as well as new projects; Fernando Porcile a mineral engineer with 40 years operating and metallurgical experience, who, before his appointment to Chariot's Board, was President South America of all Falconbridge's copper operations; Roger Kelley (B.Sc. Chemical Engineering) with 39 years of experience in mineral dressing and hydrometallurgy; and Adam Johnston (B.Eng, Minerals Engineering) with 12 years of experience of engineering, testwork, managing metallurgical operations and process consulting.

Debt Financing Program:

Marcobre has received a number of indicative proposals from commercial banks and other potential lenders in connection with the project debt financing of the Mina Justa project. Marcobre has also contacted several export credit agencies and other public sector lenders. Marcobre is reviewing the various indicative proposals with a view to selecting a consortium of commercial banks and other lenders with whom Marcobre would then commence due diligence and negotiations on a definitive term sheet.

Schedule:

The objectives for 2007 are to complete the Feasibility Study and Environmental and Social Impact Assessment of the Mina Justa project, and to reach agreement with the debt financing consortium on a definitive term sheet. The Feasibility study which was originally scheduled to be completed by the middle of 2007 is now likely to be completed around the end of the third quarter, and the Environmental and Social Impact Assessment and debt financing program to be completed thereafter. Production is projected for the later part of the second half of 2009.

The contents of this press release under the heading "Process Selection" have been reviewed by Mr. Adam Johnston the designated Qualified Persons as defined in National Instrument 43-101.

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project is projected to be a mid-tier copper producer.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Ulrich (Ulli) Rath, President & CEO

Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath, President & CEO
[phone] or Cell phone [phone]
Website: www.chariotresources.com

Investor Relations Advisor
Forbes West
[phone] or Toll Free: 1-888-655-5532

--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[Rhubarb]

Yawn, wake me up when we break a buck, nice to see us setting new 52 week highs. Family that i recommended this to back at .57 cant stop thanking me for the tip, even though i been recommending chariot since last december at .28
Oh how slow some people can be.
Wheres that definative scoping study were waiting on !!!
Oh ya that will be out in late feb.
KEEP THE FAITH
Stay Long

[allspice]

Good dd. Thanks.

[sumisu]

Chariot Resources Limited-Press Release

Wednesday January 24, 5:38 pm ET

TORONTO, ONTARIO--(CCNMatthews - Jan. 24, 2007) - Chariot Resources Limited (TSX:CHD - News) announced today that its board of directors has adopted a shareholder rights plan (Plan). The Plan has been adopted to prevent any creeping take-over of Chariot and preserve its ability to obtain the best value for all shareholders in connection with any change of control transaction. Chariot is not presently aware of any specific or pending take-over bid.

The Plan is effective January 24, 2007 and will terminate if it has not been confirmed by shareholders in accordance with the terms of the Plan on or before July 24, 2007. If approved by the shareholders, the Plan will have an initial three-year term (subject to further extension upon receipt of shareholder approval).

The Plan is similar to those adopted by other Canadian mining companies and is not intended to prevent a take-over bid transaction. The Plan contains "permitted bid" provisions which will not trigger the dilutive effects of the Plan if a take-over bid is made by way of a take-over bid circular to all shareholders that remains open for a minimum of 60 days and is accepted by not less than 50% of the shares held by independent shareholders. The dilutive effects of the Plan will be triggered by an acquisition (other than pursuant to a permitted bid or a competing permitted bid and subject to certain customary exceptions) of 20% or more of the outstanding common shares (in these circumstances, the rights will entitle the shareholders, other than the acquiring person or group, to acquire shares at a discount). A copy of the Plan will be posted on SEDAR (www.sedar.com).

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath, President and CEO
[phone] or Cell phone [phone]

--------------------------------------------------------------------------------
Source: Chariot Resources Limited

http://biz.yahoo.com/ccn/070124/200701240369062001.html?.v=1

[sumisu]

China Plans to Shift Use of Foreign Exchange Reserves (Update2)

By Xiao Yu and Wing-Gar Cheng

Jan. 22 (Bloomberg) -- China, the world's biggest consumer of coal and metals, will use its foreign exchange reserves to buy ``strategic'' resources, Vice Premier Zeng Peiyan said.

The government will increase the nation's purchases of resources for strategic stockpiling when there are ``plentiful'' reserves, Zeng said in a speech carried on the Ministry of Land and Resources Web site today.

China is seeking to boost returns on its $1 trillion of reserves by buying higher yielding assets and diversifying its investment. Premier Wen Jiabao said last week that regulators will consider more ways of using the cash pile. The nation is building an emergency supply of crude oil and plans to expand that to metals to shield the world's fastest-growing major economy from supply disruptions.

``We want to build a stockpile mechanism for mineral resources,'' Zeng said in the speech. He didn't give any details of how much of its reserves China might use for the purpose. The government plans to increase resources taxes within three years to curb excessive mining and conserve supplies, he said.

China also wants to reorganize the mining and resources industry, including accelerating the pace of overseas acquisitions to boost output, and attracting foreign investment in prospecting, Zeng said. State oil companies in China agreed two years ago to co-invest in oil fields in Venezuala.

Geological Fund

China, the second-largest holder of Treasuries, trimmed purchases of U.S. government debt by 1.7 percent in the first 10 months of 2006 to $346.5 billion. The government may set up an agency to manage $200 billion of its reserves modeled on Singapore's state-owned Temasek Holdings Pte, wrote Standard Chartered Plc economist Stephen Green last week.

China completed a 3.7 billion yuan ($476 million) oil storage tank in Zhenhai in October and has started filling it, Jiang Weixin, vice chairman at the National Development and Reform Commission, said Oct. 17. China is building storage tanks for crude oil in the cities of Zhenhai, Zhousan, Qingdao and Dalian. The facilities are set to be completed in 2008.

The country's oil imports rose 14.5 percent in 2006 to 145.2 million metric tons (2.9 million barrels a day), customs said Jan. 11.

The nation last year set up a geological fund of 2 billion yuan that is aimed at boosting exploration for 16 key minerals including coal, iron ore, uranium and copper.

To contact the reporter for this story: Xiao Yu in Beijing at [e-mail] Wing-Gar Cheng in Beijing at [e-mail] .

Last Updated: January 22, 2007 07:27 EST

http://quote.bloomberg.com/apps/news?pid=20601087&sid=a3qbrjQctNl0

[sumisu]

Chariot Announces Results from La Apreciada Prospect

Monday January 22, 9:14 am ET

MINERALIZED TREND IS 2 KM LONG WITH TWO ZONES
GRAB SAMPLES UP TO 4.50% Cu FROM SEVERAL LOCATIONS
CHANNEL SAMPLES OF 1.14% Cu ACROSS SEVERAL METRES

TORONTO, ONTARIO--(CCNMatthews - Jan. 22, 2007) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to provide an update on the regional exploration program and announces results from a preliminary surface sampling program at the La Apreciada prospect. The La Apreciada prospect is located approximately 15 km from the Mina Justa project. The start of the regional exploration program was announced on August 23, 2006.

La Apreciada:

At La Apreciada copper mineralization has been sampled along a trend that is approximately 2 km long and 100 to 150 metres wide. To date two major zones have been identified. A preliminary geological map has been completed and 395 chip, grab and trench samples have been collected from the La Apreciada prospect. The samples come from two zones: The Southern Zone which is approximately 200 metres long and 100 metres wide; and the Northern Zone which is about 500 to 600 metres long and up to 150 metres wide.

The Southern Zone is characterized by a granodiorite intrusive into andesites and conglomerates. There are over 26 trenches in the Southern Zone. Grab samples and samples from trenches have returned grades of up to 4.50% Cu. One area is characterized by grab samples of around 2.0% Cu.

The Northern Zone is characterized by faults, veins and a prominent discordant structure in predominantly andesitic rocks. In the northern section of this zone grab samples have returned grades of up to 4.51% Cu from local fracture zones. In the southern section of this zone grab samples have returned up to 3.19 % Cu. A channel sample across the major discordant structure in the southern section has returned 1.14% Cu over several metres.

Regional Exploration Program:

As previously reported, Marcobre SAC has initiated a regional exploration program on lands surrounding the Mina Justa project. The Marcona Copper Property covers approximately 32,899 hectares. The Mina Justa project, which is the focus of a feasibility study, is located on the "Target Area 1" property which covers approximately 3,969 hectares. The "Rio Tinto Claims" which consist of 44 contiguous claims around Target Area 1 cover approximately 28,930 hectares.

Four copper prospects have, to date, been identified on lands surrounding the Mina Justa project. These are: - Achupallas prospect, located on Target Area 1, about 6 km north of Mina Justa

- Miramar prospect, located on the Rio Tinto Claims about 18 km northwest of Mina Justa

- Clavelinas prospect, located on the Rio Tinto Claims about 5 km east from Mina Justa, and

- La Apreciada prospect, located on the Rio Tinto Claims about 15 km east of Mina Justa.

The initial regional exploration program will consist of geological mapping, surface sampling, geophysical surveys and trenching in order to better define these prospects and to develop additional drill targets.

All samples are analyzed for copper (Cu) using sequential leach resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field duplicate samples (1 in 30 each), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30 each).

Data contained in this news release was validated and intersections calculated by John D. Kapusta, P. Geo, Vice-President Exploration and Geological Services, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101.

"The preliminary results from La Apreciada are very encouraging" said Ulli Rath, President and CEO of Chariot. He went on to say that "Our regional exploration program is continuing. We have budgeted 5,000 metres of drilling for this program".

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath, President & CEO
[phone] or Cell phone [phone]

Investor Relations
Forbes West
[phone] or Toll Free: 1-888-655-5532

Lima, Peru Office
Chariot Resources Limited
John Kapusta - VP Exploration & Geological Services
[phone]
Website: http:/www.chariotresources.com


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

http://biz.yahoo.com/ccn/070122/200701220368471001.html?.v=1

[Rhubarb]

So yesterday RNG admits to having bought up 5.6 million of those cheap shares, anyone care to guess who it was that took that single block trade for 4 million more shares today.
Me i bet its RNG again, having listened to there last conference call/MDA they call there buyout of Amerigos CHD shares part of there strategy of mergers and accusitions.
On the one hand i like seeing them buy up a larger piece, on the other hand im blown away that theres any sellers at these prices.

*Waves to the emptie room*

[sumisu]

Chariot Resources Limited Announces Stock Option Grants

Friday January 12, 9:18 am ET

TORONTO, ONTARIO--(CCNMatthews - Jan. 12, 2007) - Chariot Resources Limited (TSX:CHD - News) announced that pursuant to the Company's stock option plan, Chariot has granted incentive stock options to its directors, employees and consultants to purchase up to an aggregate of 3,685,500 common shares in the capital stock of the company, exercisable for a period of 10 years, at a price of Cdn$0.57 per share. The total number options now outstanding, 13,894,333 represents 4.6% of the Company's issued and outstanding common shares (4.4% on a fully diluted basis).
ON BEHALF OF THE BOARD OF DIRECTORS OF CHARIOT RESOURCES LIMITED.

"Ulli Rath", President & CEO

The Toronto Stock Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.



Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath, President & CEO
Office: [phone] or Cell Phone: [phone]
Email: [e-mail]
Website: www.chariotresources.com

IR Advisor
Forbes West
Office Phone: [phone] or Toll Free: 1-888-655-5532
Email: [e-mail]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[Rhubarb]

Oh thats what i needed to see, some confirmation of what ive been telling myself since boxxing day.

[sumisu]

China's Copper Imports May Rise as Stockpiles Rebuilt (Update4)

By Xiao Yu and Xiaowei Li

Jan. 10 (Bloomberg) -- China, the world's largest copper consumer, may rebuild stockpiles as prices of the metal drop, boosting imports, according to a survey yesterday of seven analysts, traders and processors.

Prices of $5,100 a ton may prompt renewed imports by Golden Dragon Precise Copper Tube Inc., said Lu Chenghong, a trading manager at the world's biggest maker of copper tubing. China's purchases overseas would ``pick up considerably'' in the coming months, he said.

Prices have slumped 36 percent from all-time highs touched in May amid concern growth in the U.S., the world's second- largest user, is cooling, reducing demand for the metal, especially in housing. Shipments of refined copper into China declined 36 percent from January to November last year compared with 2005, according to data from the nation's customs office.

``Common Chinese wisdom is rather than buying when prices are going up, to buy when they are going down,'' said Li Zhifeng, a trading manager at the copper unit of the nation's biggest metals trader, China Minmetals Nonferrous Metals Co. Still, Chinese companies may wait till the prices drop still further before making substantial purchases, Li said.

Copper futures on the Shanghai Futures Exchange, the nation's benchmark contract, touched a record 84,100 yuan ($10,775) a ton on May 15. Since then, they've tumbled 35 percent to settle at 54,250 yuan today. Chinese prices include 17 percent value-added tax and 2 percent import duty.

`Close to Zero'

``Our inventories are close to zero, and most other processing plants are in a similar condition,'' said Zhang Xuefeng, head of futures trading at Chinalco Luoyang Copper Co.

On the London Metal Exchange, the world's largest such bourse, three-month futures touched a record $8,800 a ton on May 15. They ended at $5,625 a ton yesterday, 36 percent below their peak and down 11 percent this year.

The volume of London Metal Exchange stockpiles bought and due for delivery, referred to as canceled warrants, has almost tripled since Jan. 3 to 17,225 tons, with most increases from Asian warehouses. Most of the canceled warrants are bound for China, said Golden Dragon's Lu, who added that importers now benefited from profit margins of about 2,000 yuan a ton.

Copper processors in China used more than 250,000 tons of the metal that was stockpiled at their plants or warehouses last year, according to Yang Changhua, an analyst at Beijing Antaike Information Development Co., which advises the government on industry policies.

Rising Demand

Demand may rise to 4 million tons in 2007 from 3.8 million tons last year as China maintains strong economic growth and builds more power grids and other infrastructure, Yang said. Copper is used in air-conditioners, electric wires and cables.

The nation's economy may expand 9.8 percent in 2007, according to a Dec. 22 report by the Chinese central bank's research unit. The economy may have grown 10.5 percent last year, it said, fueled by rising investment in roads and buildings.

Chinese buyers may return to the market after Chinese New Year, which falls on Feb. 18, to meet an expected seasonal rebound in demand that starts in March, said Chris Ding, a metals analyst at China International Capital Corp., in Beijing.

Copper prices may fluctuate between $4,500 and $6,500 a ton this year, and increased buying from China may help prices move toward the higher end of that range, Ding said.

Inventories of copper in Shanghai have almost halved since the start of 2006 as users drew down stockpiles as imports fell, according to data from the Shanghai Futures Exchange.

At the same time, China's imports of scrap copper in the first 11 months of 2006 rose 1.2 percent to 4.5 million tons. Scrap copper is recycled to make copper products, and can be used as a substitute for copper concentrate, the raw material that's used to make refined copper.

To contact the reporters on this story: Xiao Yu in Beijing at [e-mail] ; Xiaowei Li in Shanghai at [e-mail]

Last Updated: January 10, 2007 02:48 EST

[sumisu]

Rhubarb,

Great post. I just might add that the commodity markets are again being hammered by lower crude oil prices due to the mild winter weather in the Northeast. This price movement allows Wall Street to hammer all commodity markets including gold, silver, copper, etc.

Not to worry though. As your post indicates, China is still expanding and has a long way to go. Even if China's growth does slow down in 2007, the copper needs will be sustained for basic infrastructure needs and new nuclear reactors.

In 2008, China will be hosting the summer Olympics. This will be its opportunity to showcase the modern China to the world. Make no mistake, China has further plans to dramatically add to or to refurbish its infrastructure.

As to Chariot, let the copper markets go down. As funds become available, I will add more shares before it becomes a producing company.

Thanks for your post,

sumisu

[Rhubarb]

Who would have thought that copper would drop from 3.20 to 2.50 in less than 2 weeks, thats a 22% drop in a very short time. I have read all the angles to be found in print on the market and the picture it paints is curious to say the least.
when i was trying to get a grip on the market moves of late there was one quote, forgive me i cant recall what story i pulled it from but it was off kitco.com news
"Whatever the reasons, there are two diametrically opposed viewpoints in the Commercial and Large Speculator camps. One side will be brilliantly correct and the other spectacularly wrong, with a large sum of money changing hands as a result."
Me i like to think someone may be Spectacularly Wrong
and im hopeing its a buncha technicall traders that just took the Kool Aid of their own making. Charts dont read news, but i feel the truth is much better than the picture we are seeing, on a number of levels.
1. the chineese have been drawing down ore stockpiles while reeling from sticker price shock of the may highs of $3.96 if ever there was a event to stimulate them to buy.....
2. china is still experiencing strong growth numbers, even with a fear of a slowdown there, the new lower prices make prices far more tempting to the chineese to replenish ore stockpiles
3. with new uses being expanded upon as a antimicrobial we see markets for copper in everything from socks and underwear to self steralizing door knobs. Now that may sound sketchie, but socks that can cure/prevent athletes foot panties that can cure/prevent Yeast infections and all of asia wanting door knobs and push plates the Fundamentals are strong (search Cupron for further info on that)
4. copper dropping 22% equates to a slim 7-8% drop on chariot is painless
5. Chariot still stands strong unhedged and not in production untel 2009 first quarter (so theres no bad quarterly financials comming from the price quirk were seeing)
6. Previous feasability based on 1.20$ lb leaves us exceptionally profitable even at 2$ a lb.
7 at the end of 2006 chariot resources finished the year in the top 5 gainers in the copper equities sector with a 100% year over year gain, and still undervalued!!!

[sumisu]

Chariot Resources Limited Announces Marcona Property Payment

Thursday January 4, 8:00 am ET

TORONTO, ONTARIO--(CCNMatthews - Jan. 4, 2007) - Chariot Resources Limited (TSX:CHD - News) announced that on January 3, 2007, Marcobre S.A.C had made the second payment of $US13 million required pursuant to the acquisition agreement for the Marcona Copper Property. Marcobre S.A.C. is a corporation existing under the laws of Peru which is owned by Chariot Resources (70%) and its partners (30%) Korea Resources Corporation and LSNikko.

"We are delighted to announce that another major milestone in the development of this important copper project has been reached by Chariot and its partners," said Ulli Rath, Chariot President and CEO. "Following its 70% portion of the acquisition payment, Chariot has cash resources of C$28.8 million The Company, together with its partners, is proceeding with the Mina Justa definitive feasibility study, the environmental impact assessment study, and seeking to secure project debt financing as scheduled."

ON BEHALF OF THE BOARD OF DIRECTORS OF CHARIOT RESOURCES LIMITED.

"Ulli Rath", President & CEO

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

The Toronto Stock Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath, President & CEO
Office: [phone] or Cell Phone: [phone]
Email: [e-mail]
Website: www.chariotresources.com

IR Advisor
Forbes West
Office Phone: [phone] or Toll Free: 1-888-655-5532
Email: [e-mail]

--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Chariot Resources Announces Exercise of 98.8% of December Warrants

Wednesday January 3, 8:00 am ET

TORONTO, ONTARIO--(CCNMatthews - Jan. 3, 2007) - Chariot Resources (TSX:CHD - News) announced that 59.6 million of a total 60.4 million December 2006 Warrants and Underwriters' Warrants had been exercised, for proceeds of approximately $20.5 million.

"Exercise of the outstanding Warrants is expected to provide Chariot with sufficient funds to complete its "fast track" development program for the Mina Justa copper project in 2007," said Ulli Rath, President and CEO. "This program includes the definitive feasibility study, the environmental impact assessment study, and seeking to secure project debt financing. All of these activities are all underway at this time," concluded Mr. Rath.

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Marcona, beginning with the Mina Justa deposit, is scheduled to reach producer status in 2009.

Chariot's 302,017,571 common shares are traded on the TSX under the symbol CHD.

Additional detail about Chariot's projects can be viewed on the Company's website at www.chariotresources.com.

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

The Toronto Stock Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:
Ulli Rath
Chariot Resources Limited
President & CEO
Office phone [phone] or Cell phone [phone]
Email: [e-mail]
Website: http://www.chariotresources.com

IR Advisor
Forbes West
Office phone [phone] or Toll Free 1-888-655-5532
Email: [e-mail]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

righty,

Thanks very much for the post from the Northern Miner.

We have been anxious to see the accelerated plan presented by Chariot.

I have high hopes here and now is the time to buy in its growing stages.

You have a Merry Christmas and a Happy New Year.

sumisu

[righty]

northern miner article

Daily News Friday, December 15, 2006
Chariot on the fast track in Peru
Chariot Resources (CHD-T) is aiming to build itself into the next midtier copper producer -- and
it's planning to do it on the shoulders of its Marcona copper project in Peru.
No small task for any junior, let alone one that is trying to do it at the pace Chariot has set for
itself.
The company is pushing ahead with its feasibility study, environmental impact assessment and
financing all in conjunction with each other. It plans to have its feasibility and environmental
impact studies completed by the end of second quarter next year and financing finished by year
end 2007.
If successful the Toronto-based company will be in a position to start mine construction at the
beginning of 2008, and go into production in the third quarter of 2009.
And while company president and chief executive Ulli Rath admits that the pace has been
furious he says the three-pronged approach gives the company significant advantages.
"We want to catch as much of the US$3/lb. copper as we can," he says with a laugh. "And it
allows us to have an inter-active process where all three disciplines can be co-ordinated to meet
the demands of one another. We don't want to have to go back and re-do technical aspects of
the feasibility once we bring it to the banks."
Chariot has some strong people on board to help get it there. Rath has 40 years of experience –
with Anglo American (AAUK-Q, AAL-L) and Rio Algom where he helped bring three mines
into production; Chairman Ed Thompson is a geologist formerly with Anglo American and
onetime president of the PDAC. David Bell, the founder of the Hemlo gold deposit sits as a
director, as does Fernando Porcile who has 40 years of experience in the mining industry. Most
recently Porcile managed Falconbridge's copper assets in South America.
Chariot holds a 70% interest in Marcona while its South Korean Partners – State controlled
Korea Resources and LS-Nikko Copper – hold the remaining 30%.
Marcona was bought from Rio Tinto for roughly US$33.5 million – US$20 million of which has
been paid, with the second US$13.5 million payment due in January of 2007. Chariot has
roughly US$18 million in the bank in preparation for that payment.
Rath says the South Korean partnership is a big plus for Chariot as having the security of an
end-market buyer as a partner reduces risks and has made financing with banks much easier.
The agreement gives LS-Nikko the right to buy 70% of cathode and 90% of concentrate
production for 10 years – and that is at market prices.
The cathode and concentrate that they will be buying will be coming from the Mina Justa
deposit which has a measured and indicated resource of 346 million tonnes with an average
grade of 0.71% copper for 5.4 billion lbs copper.
The Mina Justa deposit is the copper-enriched portion of Marcona's 2.4 billion tonne iron oxidecopper-
gold (IOCG) system.
Mina Justa's copper oxide mineralization is in the upper 200 meters of the orebody, which while
lower grade, will get the copper cathode operation up and running.
Cashflow from the cathode can then be used to develop the deeper sulphides – where
intersects have been as high as 42 metres grading 10.54% copper. The sulphide mineralization
is open at depth.
And while it is stating to the obvious to say that without a solid orebody there would be no mine,
where many robust deposits in the developing world run into problems is on the infrastructure
side.
But Chariot, it appears, is in an ideal location. Its project sits within 25-km of the paved Pan
American Highway, a national power grid, water supply, a labour pool and two deep water sea
ports.
As an added bonus, workers don't have to contend with the high altitudes that many of Peru's
other high Andes projects have, as it sits on a flat terrain at relatively low altitudes.
And with no nearby farming communities or environmentally sensitive areas, the project has not
been burdened with some of the community protests that have been known to erupt in the
country.
Not that its location is lulling the company into not taking its social responsibility seriously.
Rath recounts how money was put into community relations before a drill ever broke into the
ground.
The company will spend roughly UU$350,000 this year on social programs in the nearest city of
San Juan de Marcona.
"Our philosophy is to develop trust with the community," Rath says. "People who come in early
and just write cheques without understanding only end up making half of the population mad.
We integrate into the community so we better understand their concerns."
The approach fed into Chariots creation of a two year program, whereby in the first year youths
in San Juan will be brought up to high school level of reading and math and in the second year
will be taught a skill that will help them secure a job in the area. The approach was developed to
help stem the exodus of youth into the capital of Lima.
In Toronto on Dec. 15, Chariot's shares were trading at 64¢, off 2¢ on roughly 380,000 shares.

[Rhubarb]

I dont know what it says yet, but apparently theres a story on chariot, in the 12/15 issue of the northern miner theres a story about the "fast track Plan" chariot spoke of in the past.
If anyone knows a subsciber of that paper, please, shed a little light on this story. I am curious, but not enough to subscribe to the northern miner.

[sumisu]

Chariot Resources Limited: Notice re Expiring Warrants

Tuesday November 28, 9:09 am ET

- Holders may exercise through to December 22, 2006

TORONTO, ONTARIO--(CCNMatthews - Nov. 28, 2006) - Chariot Resources (TSX:CHD - News) Warrants expire on December 22, 2006. One whole Warrant, upon exercise, allows the holder upon payment of $0.35 per share to acquire a common share of Chariot Resources until 5:00 pm (ET) December 22, 2006. The Warrants are traded on the TSX under the symbol CHD.WT.

Holders of warrant certificates which are registered in the name of a bank, trust company, investment dealer, broker or discount broker, or other nominee should contact that institution with instructions to exercise the warrants on their behalf. The institution will need to complete the warrant certificate, listed as (Form 1) Subscription Form, and forward the certificate, with the appropriate payment, to Computershare Trust Company.

Warrants may be tendered on any business day prior to (and including December 22) if the warrant holder gives specific instructions for immediate exercise to their full service or discount broker. In the absence of specific instructions, institutions may not complete the warrant exercise until December 22, 2006.

Computershare Trust Company will issue the new share certificates within five business days of receipt of the completed paperwork and payment.

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

The Toronto Stock Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:
Canada and US: 1-800-564-6253
Computershare Trust Company
Int'l 1-514-982-7555

Pamela Lobo
Chariot Resources
Office: [phone]

Chris Makuch
Shareholder Response Group
[phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Credit Suisse: Copper Prices Should Rise On New Chinese Demand

http://gold.seekingalpha.com/article/20962

[sumisu]

IMPORTANT READ ON COMMODITIES

http://www.financialsense.com/captain/log.html

[sumisu]

Rhubarb,

Very happy with this announcement.

We have a very valuable stock with a stake in copper which will only grow in importance and necessity, particularly with the industrialization of China. What a market over there and someday Chariot will be serving that market.

I continue to look at the importance of copper in the context of the world population. Demand will probably outstrip supply at some near point in time and you know what that means to Chariot's stock price.

You'll be popping a lot of corks in the future, imo.

sumisu

[Rhubarb]

Sumisu? righty. ??? anybody home,... corks are popping,

[Rhubarb]

there Ya go ! News baby, very nice webcast. here it is

Chariot Announces Significantly Increased Mina Justa Resources
07:00 EST Thursday, November 16, 2006



- MEASURED AND INDICATED RESOURCES UP 150% TO 5.4 BILLION POUNDS

- FOCUS ON UPGRADING ADDITIONAL 1.7 BILLION POUNDS IN INFERRED CATEGORY

CONFERENCE CALL AT 11.00 AM 'ET', NOVEMBER 16, 2006

TORONTO, ONTARIO--(CCNMatthews - Nov. 16, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD) is pleased to announce the results of an updated resource estimate for the Mina Justa prospect located in Peru which incorporates the drilling done this year; and to compare it to the estimate which followed the drilling done in 2005.

At a 0.30% total copper cut-off, the new Indicated and Inferred resources of the Mina Justa prospect are as follows:



-----------------------------------------------------------------
Million Tonnes CuT%(i) MlbCu (ii)
Measured - - -
Indicated 346.6 0.71 5,418
------------------------------------------------------------
Measured + Indicated 346.6 0.71 5,418


Inferred Resources 127.9 0.60 1,690


-----------------------------------------------------------------
(i) (total copper) (ii) (million pounds)



The above resource classifications conform to CIM Standards on Mineral Resources and Reserves referred to in National Instrument 43-101. Mineral resources that are not reserves do not have demonstrated economic viability. Measured and Indicated mineral resources are that part of a mineral resource for which quantity and grade can be estimated with a level of confidence sufficient to allow the application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. An Inferred mineral resource is that part of a mineral resource for which quantity and grade can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified. The 0.3% is considered the most likely cut-off grade for this deposit based on the Scoping Study released May 2, 2006.

The new resource for the Mina Justa prospect is based on results from a total of 139,432 metres of drilling of which 64,959 metres was completed in 2006, 43,501 metres was completed during 2005 and 30,972 metres of drilling was completed by Rio Tinto prior to 2005.

In order to facilitate a more direct comparison between the new resource estimate and the resource estimate done in 2005, shown below are the Indicated and Inferred resources of the Mina Justa prospect at a 0.2% cut-off, the cut-off used in 2005:



--------------------------------------------------------------------------
Estimate
Done In
Million Tonnes CuT% (i) MlbCu (ii)
2006 Measured - - -
Indicated 419.2 0.63 5,831
----------------------------------------------------------
Measured + Indicated 419.2 0.63 5,831


2005 Measured - - -
Indicated 132.4 0.74 2,153
----------------------------------------------------------
Measured + Indicated 132.4 0.74 2,153




2006 Inferred Resources 172.2 0.51 1,938


2005 Inferred Resources 279.7 0.57 3,506


--------------------------------------------------------------------------
(i) (total copper) (ii) (million pounds)



The above resource classifications conform to CIM Standards on Mineral Resources and Reserves referred to in National Instrument 43-101. Mineral resources that are not reserves do not have demonstrated economic viability. Measured and Indicated mineral resources are that part of a mineral resource for which quantity and grade can be estimated with a level of confidence sufficient to allow the application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. An Inferred mineral resource is that part of a mineral resource for which quantity and grade can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified. . The 0.2% is considered an alternative cut-off grade for this deposit but it has to be confirmed by additional appropriate economic studies.

Methodology

In both 2005 and 2006 resource reports were generated for the three models: Power of Inverse Distance Squared ("IPD2), Ordinary Kriging ("OK") and Nearest Neighbour ("NN"). In both 2005 and 2006 all three models displayed similar global tonnes and grades, indicating that they are globally unbiased. The OK and IPD2 models were found to be very similar across the range of economically important cut-off grades, whereas the NN model is characterized by unrealistic extreme sensitivity.

As a consequence of the similarity between the OK and IPD2 resource models; Chariot decided in 2005 to use the IPD2 model at 0.2% cut-off for reporting the 2005 resource estimate in order to better facilitate earlier resource estimates done by Rio Tinto.

For the 2006 resource estimate, Snowden recommended using OK. The 2006 resource estimate is presented at 0.2% cut-off and 0.3% cut-off for comparison purposes. The 2006 resource estimate at 0.3% cut-off has been selected by Chariot as the basis for optimization in the Feasibility Study.

The Scoping Study further indicated that Mina Justa had potential dump leach resources of approximately 66 million tones at 0.22% Cu. Although these resources have the potential for dump leaching, Chariot elected in the Scoping Study to treat these resources as waste. The impact of raising the cut-off to 0.3% Cu will be further evaluated as part of the Feasibility Study which is currently underway.

Estimate Preparation

The 2006 resource estimate was done by Snowden Mining Industry Consultant Inc ("Snowden") which has reviewed this press release. Snowdon will prepare a 43-101 report within 45 days of today. The 2006 resource estimate can be compared to an estimate also prepared by Snowden as published in a 43-101 report dated October 20, 2005. This report can be seen on www.sedar.com.

The 2006 resource estimate was prepared by Warwick Board (MAusIMM, Pr. Sci. Nat.) of Snowden. Warwick Board is an independent Qualified Person (QP) as defined under National Instrument 43-101 for reporting this resource estimate. SGS del Peru S.A.C. prepares the split core and reverse circulation (RC) samples at the project site and assays all samples at its facility in Lima, Peru. Chariot's QA/QC program is monitored by John D. Kapusta (P.Geo), Vice-President Exploration and Geological Services, and managed on site by Marcobre SAC senior geological personnel.

Final Drill Program in 2007

Chariot intends to conduct a final drill program early in 2007 and to incorporate this, and other relevant information into a final Feasibility Study resource estimate to be done by Snowden. The final drilling campaign will be based on Snowden's analysis of the 2006 data and will be based on recommendations for drill hole spacings. As part of the final Feasibility Study resource estimate Snowden will determine the actual tonnages that qualify for the Measured, Indicated and Inferred categories.

Comment

Mr Ulli Rath, President and CEO stated, "We are very pleased that the 2006 resource estimate has confirmed that we have a larger global classified resource than the resource used as the basis of the Scoping Study which was released on May 2, 2006."

Mr Rath goes on to say that "we are now concentrating on upgrading our inferred resources and developing a new mine plan at a higher cut-off grade as the basis for the Feasibility Study which I expect could also be an improvement over the mine plan in the Scoping Study."

Chariot Resources will hold an investor conference call on Thursday, November 16th, at 11:00 a.m. Eastern Time. President and CEO, Ulli Rath and Vice-President John Kapusta will review the new resource estimate and Chariot's plans to develop the Marcona deposit with analysts and investors. Following their remarks there will be a question and answer session.



To join the call dial: Local / Intl'l Access: 416-695-5261
Toll-Free Access (N.A.): 1-877-888-4210


To access the replay: Local Access: 416-695-5275
Toll-Free Access: 1-888-509-0081
Passcode: 635495
Expiry Date: November 23, 2006


To access the webcast: http://www.ccnmatthews.com/ChariotResourcesNov16



Chariot Resources Limited (TSX:CHD) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Marcona is scheduled to achieve mid-tier copper producer status by 2009.

Additional detail about Chariot's projects can be viewed on the Company's website at www.chariotresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF

CHARIOT RESOURCES LIMITED.

"Ulli Rath", President & CEO

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Chariot Resources Limited
Toronto, Canada Office
Ulli Rath, President & CEO
Office Phone: [phone] or Cell Phone: [phone]
Email: [e-mail]
or
Forbes West
IR Advisor
Office Phone: [phone] or Toll Free: 1-888-655-5532
Email: [e-mail]
or
Chariot Resources Limited
Lima, Peru Office
John Kapusta, Vice-President
[phone]
[phone] (FAX)

The Toronto Stock Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.

[sumisu]

RIGHTY,

Let's see what this new 43-101 does for the stock price!

Very good news to me.

sumisu

[righty]

Chariot Announces Significantly Increased Mina Justa Resources
07:00 EST Thursday, November 16, 2006



- MEASURED AND INDICATED RESOURCES UP 150% TO 5.4 BILLION POUNDS

- FOCUS ON UPGRADING ADDITIONAL 1.7 BILLION POUNDS IN INFERRED CATEGORY

CONFERENCE CALL AT 11.00 AM 'ET', NOVEMBER 16, 2006

TORONTO, ONTARIO--(CCNMatthews - Nov. 16, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD) is pleased to announce the results of an updated resource estimate for the Mina Justa prospect located in Peru which incorporates the drilling done this year; and to compare it to the estimate which followed the drilling done in 2005.

At a 0.30% total copper cut-off, the new Indicated and Inferred resources of the Mina Justa prospect are as follows:



-----------------------------------------------------------------
Million Tonnes CuT%(i) MlbCu (ii)
Measured - - -
Indicated 346.6 0.71 5,418
------------------------------------------------------------
Measured + Indicated 346.6 0.71 5,418


Inferred Resources 127.9 0.60 1,690


-----------------------------------------------------------------
(i) (total copper) (ii) (million pounds)



The above resource classifications conform to CIM Standards on Mineral Resources and Reserves referred to in National Instrument 43-101. Mineral resources that are not reserves do not have demonstrated economic viability. Measured and Indicated mineral resources are that part of a mineral resource for which quantity and grade can be estimated with a level of confidence sufficient to allow the application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. An Inferred mineral resource is that part of a mineral resource for which quantity and grade can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified. The 0.3% is considered the most likely cut-off grade for this deposit based on the Scoping Study released May 2, 2006.

The new resource for the Mina Justa prospect is based on results from a total of 139,432 metres of drilling of which 64,959 metres was completed in 2006, 43,501 metres was completed during 2005 and 30,972 metres of drilling was completed by Rio Tinto prior to 2005.

In order to facilitate a more direct comparison between the new resource estimate and the resource estimate done in 2005, shown below are the Indicated and Inferred resources of the Mina Justa prospect at a 0.2% cut-off, the cut-off used in 2005:



--------------------------------------------------------------------------
Estimate
Done In
Million Tonnes CuT% (i) MlbCu (ii)
2006 Measured - - -
Indicated 419.2 0.63 5,831
----------------------------------------------------------
Measured + Indicated 419.2 0.63 5,831


2005 Measured - - -
Indicated 132.4 0.74 2,153
----------------------------------------------------------
Measured + Indicated 132.4 0.74 2,153




2006 Inferred Resources 172.2 0.51 1,938


2005 Inferred Resources 279.7 0.57 3,506


--------------------------------------------------------------------------
(i) (total copper) (ii) (million pounds)



The above resource classifications conform to CIM Standards on Mineral Resources and Reserves referred to in National Instrument 43-101. Mineral resources that are not reserves do not have demonstrated economic viability. Measured and Indicated mineral resources are that part of a mineral resource for which quantity and grade can be estimated with a level of confidence sufficient to allow the application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. An Inferred mineral resource is that part of a mineral resource for which quantity and grade can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified. . The 0.2% is considered an alternative cut-off grade for this deposit but it has to be confirmed by additional appropriate economic studies.

Methodology

In both 2005 and 2006 resource reports were generated for the three models: Power of Inverse Distance Squared ("IPD2), Ordinary Kriging ("OK") and Nearest Neighbour ("NN"). In both 2005 and 2006 all three models displayed similar global tonnes and grades, indicating that they are globally unbiased. The OK and IPD2 models were found to be very similar across the range of economically important cut-off grades, whereas the NN model is characterized by unrealistic extreme sensitivity.

As a consequence of the similarity between the OK and IPD2 resource models; Chariot decided in 2005 to use the IPD2 model at 0.2% cut-off for reporting the 2005 resource estimate in order to better facilitate earlier resource estimates done by Rio Tinto.

For the 2006 resource estimate, Snowden recommended using OK. The 2006 resource estimate is presented at 0.2% cut-off and 0.3% cut-off for comparison purposes. The 2006 resource estimate at 0.3% cut-off has been selected by Chariot as the basis for optimization in the Feasibility Study.

The Scoping Study further indicated that Mina Justa had potential dump leach resources of approximately 66 million tones at 0.22% Cu. Although these resources have the potential for dump leaching, Chariot elected in the Scoping Study to treat these resources as waste. The impact of raising the cut-off to 0.3% Cu will be further evaluated as part of the Feasibility Study which is currently underway.

Estimate Preparation

The 2006 resource estimate was done by Snowden Mining Industry Consultant Inc ("Snowden") which has reviewed this press release. Snowdon will prepare a 43-101 report within 45 days of today. The 2006 resource estimate can be compared to an estimate also prepared by Snowden as published in a 43-101 report dated October 20, 2005. This report can be seen on www.sedar.com.

The 2006 resource estimate was prepared by Warwick Board (MAusIMM, Pr. Sci. Nat.) of Snowden. Warwick Board is an independent Qualified Person (QP) as defined under National Instrument 43-101 for reporting this resource estimate. SGS del Peru S.A.C. prepares the split core and reverse circulation (RC) samples at the project site and assays all samples at its facility in Lima, Peru. Chariot's QA/QC program is monitored by John D. Kapusta (P.Geo), Vice-President Exploration and Geological Services, and managed on site by Marcobre SAC senior geological personnel.

Final Drill Program in 2007

Chariot intends to conduct a final drill program early in 2007 and to incorporate this, and other relevant information into a final Feasibility Study resource estimate to be done by Snowden. The final drilling campaign will be based on Snowden's analysis of the 2006 data and will be based on recommendations for drill hole spacings. As part of the final Feasibility Study resource estimate Snowden will determine the actual tonnages that qualify for the Measured, Indicated and Inferred categories.

Comment

Mr Ulli Rath, President and CEO stated, "We are very pleased that the 2006 resource estimate has confirmed that we have a larger global classified resource than the resource used as the basis of the Scoping Study which was released on May 2, 2006."

Mr Rath goes on to say that "we are now concentrating on upgrading our inferred resources and developing a new mine plan at a higher cut-off grade as the basis for the Feasibility Study which I expect could also be an improvement over the mine plan in the Scoping Study."

Chariot Resources will hold an investor conference call on Thursday, November 16th, at 11:00 a.m. Eastern Time. President and CEO, Ulli Rath and Vice-President John Kapusta will review the new resource estimate and Chariot's plans to develop the Marcona deposit with analysts and investors. Following their remarks there will be a question and answer session.



To join the call dial: Local / Intl'l Access: 416-695-5261
Toll-Free Access (N.A.): 1-877-888-4210


To access the replay: Local Access: 416-695-5275
Toll-Free Access: 1-888-509-0081
Passcode: 635495
Expiry Date: November 23, 2006


To access the webcast: http://www.ccnmatthews.com/ChariotResourcesNov16



Chariot Resources Limited (TSX:CHD) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Marcona is scheduled to achieve mid-tier copper producer status by 2009.

Additional detail about Chariot's projects can be viewed on the Company's website at www.chariotresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF

CHARIOT RESOURCES LIMITED.

"Ulli Rath", President & CEO

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Chariot Resources Limited
Toronto, Canada Office
Ulli Rath, President & CEO
Office Phone: [phone] or Cell Phone: [phone]
Email: [e-mail]
or
Forbes West
IR Advisor
Office Phone: [phone] or Toll Free: 1-888-655-5532
Email: [e-mail]
or
Chariot Resources Limited
Lima, Peru Office
John Kapusta, Vice-President
[phone]
[phone] (FAX)

The Toronto Stock Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.

[sumisu]

Chariot Resources Limited Warrants to Expire December 22, 2006

Monday November 6, 10:19 am ET

TORONTO, ONTARIO--(CCNMatthews - Nov. 6, 2006) - Chariot Resources (TSX:CHD - News; TSX:CHD.WT - News) reminds investors that Warrants originally issued as part of its December 2004 financing expire on December 22, 2006. One whole Warrant, upon exercise, allows the holder upon payment of $0.35 per share to acquire a common share of Chariot Resources only until 5:00 pm, ET on December 22, 2006. The Warrants are traded on the TSX under the symbol CHD.WT.

"Chariot urges warrant holders to give immediate consideration to the exercise of these 'in the money' Warrants," said Ulli Rath, Chariot's President and CEO. "The exercise price of the warrants - $0.35 per share - is significantly below the current trading price of our common shares.

"Moreover, exercise of the outstanding Warrants would provide Chariot with an additional $23 million in cash. This is anticipated to be enough to complete our pre-construction activities at the Mina Justa copper project. These activities include the definitive feasibility study, the environmental impact assessment study, and seeking to secure project debt financing - which are all underway at this time," concluded Mr. Rath.

Holders of warrant certificates which are registered in the name of a bank, trust company, investment dealer, broker or discount broker, or other nominee should immediately contact that institution with instructions to exercise the warrants on their behalf. The institution will need to complete the reverse portion of the warrant certificate, listed as (Form 1) Subscription Form and forward the certificate, with the appropriate payment, to Computershare Trust Company. Computershare will issue the new share certificates within five business days of receipt of the completed paperwork and payment.

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

The Toronto Stock Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:
assistance may be directed to:
Any questions and requests for
Computershare Trust Company
Canada and US: 1-800-564-6253 or int'l [phone]

Pamela Loba
Chariot Resources:
[phone] (Office)
Website: www.chariotresources.com

Chris Makuch
Shareholder Response Group
[phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[Tackler]

Chariot drills 44 m of 2.84% Cu at Marcona project

2006-10-17 08:47 ET - News Release

Mr. Ulli Rath reports

RECENT CU DRILL INTERCEPTS INCLUDE 44 M AT 2.84%, INCLUDING 26 M AT 4.14%, 26 METRES AT 2.59%, INCLUDING 8 M AT 5.11% AND 38 M AT 1.48% INCLUDING 12 M AT 2.71%

Chariot Resources Ltd. has provided further drill results from its 2006 drilling campaign at the Marcona copper project. The drill results released today are from the HG Sulphide zone, the Splay zone and the Northern Oxide zone. These three zones lie, in part, within the ultimate pit boundary of the Mina Justa Main pit as defined in the scoping study released in Stockwatch on May 3, 2006. In previous releases reference was made to the fact that, as a result of the 2006 drilling campaign, it is likely that the ultimate pit boundary will be extended.

HG Sulphide zone

The HG Sulphide zone, including the high-grade core, has both copper oxide mineralization and copper sulphide mineralization with both types often occurring in the same drill hole. Drill results from the HG Sulphide zone were last released in Stockwatch on Aug. 24, 2006.

Notable highlights from the HG Sulphide zone are (all copper sulphide mineralization):


MJV-06-291: 44 metres at 2.84 per cent copper (Cu) (386 metres (m) to 430 m), including 26 m at 4.14 per cent Cu (394 m to 420 m);

MJV-06-292: 10 m at 3.04 per cent Cu (360 m to 370 m), including six m at 4.30 per cent Cu (362 m to 368 m); and 26 m at 2.59 per cent Cu (396 m to 422 m), including eight metres at 5.11 per cent Cu (410 m to 418 m); and

MJV-06-293: 68 m at 1.53 per cent Cu (320 m to 388 m), including four m at 6.28 per cent Cu (350 m to 354 m).


Splay zone

This zone comprises copper oxide mineralization from surface to a depth of approximately 240 m, and below this depth there is copper sulphide mineralization. This zone is located between the HG Sulphide zone and Northern Oxide zone.

Notable highlights from the Splay zone are (all copper oxide mineralization):


MJV-06-280: 132 m at 0.59 per cent Cu (0 to 132 m);

MJV-06-258: 34 m at 0.56 per cent Cu (146 to 180 m), including two m at 1.66 per cent Cu (146 m to 148 m) and 20 m at 1.39 per cent Cu (200 m to 220 m), including 14 m at 1.63 per cent Cu (202 to 216 m);

MJV-06-254: 48 m at 0.89 per cent Cu (136 m to 184 m), including eight m at 1.65 per cent Cu (142 m to 150 m) and 20 m at 1.18 per cent Cu (196 m to 216 m), including 16 m at 1.34 per cent (198 m to 214 m); and

MJV-06-240: 86 m at 0.62 per cent Cu (46 m to 132 m), including eight m at 1.47 per cent Cu (52 to 60 m).


Northern Oxide zone

This zone comprises copper oxide mineralization from surface to a depth of approximately 200 m. This zone is also the location for one of the proposed starter pit operations of the Mina Justa project. Drill results from the Northern Oxide zone were last released in Stockwatch on Aug. 1, 2006.

Notable highlights from the Northern Oxide zone are (all copper oxide mineralization):


MJV-06-228: 38 m at 1.48 per cent Cu (98 m to 136 m), including 12 m at 2.71 per cent Cu (100 m to 112 m);

MJV-06-236: 16 m at 1.11 per cent Cu (24 m to 40 m), including two m at 3.93 per cent Cu (32 m to 34 m);

MJV-06-241: 40 m at 0.99 per cent Cu (72 m to 112 m), including 10 m at 2.48 per cent Cu (96 m to 106 m); and

MJV-06-263: 48 m at 0.82 per cent Cu (106 m to 154 m), including eight m at 1.85 per cent Cu (120 m to 128 m).


All intersections were determined using a rolling 0.25-per-cent Cu cut-off and up to two m of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1-per-cent Cu cut-off and up to two m of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2-per-cent Cu cut-off. All intercepts are downhole length and intersection true widths have not been calculated.

Sampling procedures for the current drilling program are the same as previously reported. All RC chips are logged at the Mina Justa project site. Holes are sampled in their entirety in two-metre runs and split at the drill site. A one-eighth split or approximately five kilograms of a two-metre sample is submitted to the on-site SGS Lakefield Research preparation facility where samples are crushed to 95 per cent passing 10 mesh and riffle split from which a 250-gram subsample is taken. The subsample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on-site and following analysis, the analytical pulp sample is returned to Chariot for on-site storage.

All samples are analyzed for copper (Cu) using sequential leach, resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30-gram fire assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (one in 30), field, crush and pulp duplicate samples (one in 30 each), laboratory duplicates (one in 30) and reagent blanks, and reference material (one in 30 each).

Data contained in this news release were validated and intersections calculated by John D. Kapusta, PGeo, vice-president exploration and geological services, Chariot Resources, the designated qualified person as defined in National Instrument 43-101.

Ulli Rath, president and chief executive officer, said: "These are the last drill results that we will be releasing prior to the November release of the resource update. The drill results released today continue to confirm good grade continuity for both copper oxide and copper sulphide mineralization that we have encountered throughout the 2006 drill campaign." Mr. Rath goes on to say that, "In the 2006 campaign, we have drilled 66,430 m at Mina Justa and the results from this campaign will make an important contribution to the resource update."

[righty]

Rhubarb ah yes its the setup for the storm, this company has vast resources soon to be made public with their new reports in november, an updated NI-43-101 report will show what the drills were finding this year to date. I know the numbers will be staggering and likely enough to justify the fasttracking of the open pit etc. In the meantime peeps need to take notice of this stock as it soon will be unaffordable!!!

Stock and warrants have been something of a flipper lately which is nice but I look forward to the day when it is too astute for those daily games and moving up over into double digits left of the decimal!

[Rhubarb]

Thats the stuff, for too long now ive been feeling theres been a lil washing going on keeping us down, i couldent prove it, but i was feeling it. So a lil uptick from our regular volume cheap shares dying up, I expect we wont see .51 anymore high of .58 close of .57 I can feel a Smile comming on its only gonna get better.
to bad its like were all alone here, ahh im ok with it.

You can lead a horse to water, but sometimes u have to beat it real bad to make it Drink !
Revised scoping, new 43-101, possible fast track plans Nov. looks good

[righty]

thank god I am free at last!!!

Is anybody expecting an extension on the warrants?

Also I am guessing at the second monday in november for new numbers release...any thoughts?

[Rhubarb]

I think u need to coat it in Sugar
lottsa sugar baby

[sumisu]

Hello Rhubarb,

Welcome to I-Hub! By the way, I just member marked you, as well.

Yesterday I noticed the trading halt and then was shocked to see the volume later in the day. Coincidentally, Americo sold at a lower price than I did, but my sale was earlier in the year.

But after the national elections in Peru, I reentered Chariot for good. My position is 15,000 shares compared to my original position of 25,000 shares, but part of my shares are now free. So I will stick with the risk in hope that the rich copper deposits will make us rich too. To sum things up, I luv Chariot too.

I'm patiently waiting for the mid term elections to take place. My portfolio is hurting, but this is just a transitory thing. I will definitely go broke, if the world no longer needs energy and if the United States erases all of its debt problems, public, private, and overseas. In other words, I think that I'm well positioned for the long haul.

You might see from the profile that I'm a believer in Peak Oil. I'm added some penny investments in energy, WHD.V and DJE.V, both great buys at these prices, imo. I will be adding about four more energy stocks and I will list them in my profile, once they hit my portfolio.

If you're in a cash position, this "shoulder" period between peak summer gas demand for driving and peak winter oil need for heating is the time to buy.

Good luck with Chariot and your other investments.

sumisu

PS Interestingly, I'm thinking of planting rhubarb in a new garden that I'm planning. It's a perennial crop and will eventually add to my dinner plate for year's to come. I need to find some recipes for it.

[Rhubarb]

Sumisu,... i luv you
i think you have all the news people need to see all laid out,
im new to Ihub, but ive been long on Chariot since newyears,i cant believe how long a road we have had, and how much copper has been found, from near surface, and near 300 meters down.
Theres another news item that tells more of the deal, check this
And tell me you luv CHD too

Rio Narcea Acquires Additional Stake in Chariot Resources

TORONTO, ONTARIO -- (MARKET WIRE) -- October 05, 2006 -- Rio Narcea Gold Mines Ltd. ("Rio Narcea" or "the Company") (TSX: RNG)(AMEX: RNO) today announced that it has agreed to purchase an aggregate of 31,812,500 common shares and 11,532,000 warrants in the capital of Chariot Resources Limited (TSX: CHD) from Amerigo Resources Ltd. (TSX: ARG). This purchase constitutes approximately 13.7% of the outstanding common shares and the common shares and warrants together constitute 14.7% of the common shares and warrants outstanding of Chariot. The purchase is to be completed at C$0.65 per common shares and C$0.30 per warrant for an aggregate purchase price of C$24,137,725. Each share purchase warrant entitles Rio Narcea to acquire an additional common share of Chariot at a price of C$0.35 per share until December 22, 2006.

This purchase is in addition to the 6,259,500 shares and 1,780,000 warrants purchased by the Company through the facilities of the Toronto Stock Exchange in the last few months, which brings Rio Narcea's total shareholding in Chariot to 16.4% of common shares of Chariot and 17.4% of the common shares and warrants outstanding of Chariot. In order to complete the trade through the TSX, Rio Narcea has agreed to offer to purchase certain share and warrants in the market prior to initiation of this trade.

The common shares and warrants will be acquired in a private transaction to close on October 20, 2006. The transaction will be completed through the facilities of the Toronto Stock Exchange. Rio Narcea has purchased these securities for investment purposes. Other than as set out above, Rio Narcea might acquire additional securities if they become available at prices that are attractive to Rio Narcea, but has no current future intention of becoming a control person in Rio Narcea.

"Rio Narcea is impressed with the potential of Chariot and its Marcona Copper Project, which is located in Southern Peru on the same Iron Oxide Copper Gold (IOCG) belt which hosts Mantos Blancos and Candelaria. Given our experience in developing and bringing mines into production, we look forward to contributing to the development of the Marcona Copper Project in whatever constructive way we can," said Chris von Christierson, Chairman and CEO of Rio Narcea.

Rio Narcea Gold Mines, Ltd. is a growing Canadian mineral resource company with operations, development projects and exploration activities in Spain, Portugal and Mauritania. The Company currently produces nickel at its Aguablanca nickel-copper-platinum group metals (PGM) mine in southern Spain and gold at it's at El Valle and Carles projects in northern Spain. Closure of the northern Spanish gold mines is planned for by the end of 2006. Construction of its new Tasiast gold project in Mauritania, West Africa, is underway, with production expected in 2007.

Forward-looking Statements

This press release may contain certain "forward looking statements" within the meaning of the United States securities laws. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, capital expenditures, exploration efforts, financial needs, and other information that is not historical information. The forward-looking statements contained herein are based on Rio Narcea's current expectations and various assumptions as of the date such statements are made. Rio Narcea cannot give assurance that such statements will prove to be correct.

Factors that could cause Rio Narcea's actual results to differ materially from these statements include, but are not limited to, changes in gold and nickel prices, the timing and amount of estimated future production, unanticipated grade changes, unanticipated recovery problems, mining and milling costs, determination of reserves, costs and timing of the development of new deposits, metallurgy, processing, access, transportation of supplies, water availability, results of current and future exploration activities, results of pending and future feasibility studies, changes in project parameters as plans continue to be refined, political, economic and operational risks of foreign operations, joint venture relationships, availability of materials and equipment, the timing of receipt of governmental approvals, capitalization and commercial viability, the failure of plant, equipment or processes to operate in accordance with specifications or expectations, accidents, labour disputes, delays in start-up dates, environmental costs and risks, local and community impacts and issues, and general domestic and international economic and political conditions.

Rio Narcea undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The reader is cautioned not to place undue reliance on forward looking statements.


Contacts:
Rio Narcea Gold Mines, Ltd.
Chris von Christierson
Chairman & CEO
+ (44) 207 629 2252
Email: [e-mail]

Rio Narcea Gold Mines, Ltd.
Omar Gomez
C.F.O.
+ (34) 98 573 3300
Email: [e-mail]
Website: www.rionarcea.com

Roth Investor Relations, Inc.
Michelle Roth
[phone]
Email: [e-mail]

SOURCE: Rio Narcea Gold Mines, Ltd.

[sumisu]

Junior miner Amerigo cashes in with Chariot stock sale

Thu Oct 5, 2006 4:20pm ET

http://tinyurl.com/qnbfk

[sumisu]

Chariot to Update Mina Justa Resource; Recent Cu Drill Intercepts Include 44 m at 2.09%, Including 16 m at 4.16%, and 22 metres at 1.93%, Including 14 m at 2.82%

Tuesday October 3, 8:30 am ET

TORONTO, ONTARIO--(CCNMatthews - Oct. 3, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to provide an update on activities at the Mina Justa project and to announce further drill results from its 2006 drilling campaign at the Marcona Copper Project.

Project Update:

Marcobre SAC (Chariot's 70% owned Peruvian subsidiary) has retained Snowden Mining Industry Consultants ("Snowden") to update the resource estimate for the Mina Justa project. The updated resource estimate will incorporate results from over 60,000 metres of additional drilling that has been done in 2006 as well as an updated geological model of Mina Justa. Snowden has advised that the updated resource estimate could be completed by November.

On October 20, 2005, Chariot announced that the Mina Justa project had indicated resources of 132.4 million tonnes at a grade of 0.74% Cu and inferred resources of 279.7 million tonnes at a grade of 0.57% Cu. The indicated and inferred resources were determined using a 0.20% Cu cut-off. At this cut-off, the Mina Justa deposit contains 5.7 billion pounds of copper, 50.5 million oz of silver and 428,000 oz of gold. A 43-101 technical report compiled by Snowden was filed on SEDAR on February 28, 2006.

Drilling Campaign:

The drill results released today are from the West Pit Extension zone. Prior drill results from this zone were released on August 1, 2006.

Western Pit Extension: This area comprises copper oxide mineralization from a depth of about 30 metres to a depth of approximately 200 metres. On the surface this area is approximately 700 metres long and approximately 300 metres wide. The bulk of this zone also lies within the ultimate pit boundary of the Mina Justa Main pit; however, based on the previously released results, and the results released today it is likely that the pit boundary may have to be extended towards the west.

Notable highlights from the Western Pit extension area are (all copper oxide mineralization):


- MJV-06-217 44 metres at 2.09% Cu (118 to 162 m), including
16 metres at 4.16% Cu (136 to 152 m).

- MJV-06-215 36 metres at 1.20% Cu (90 to 126 m), including
6 metres at 3.09% Cu (92 to 98 m).

- MJV-06-222 22 metres at 1.93% Cu (74 to 96 m), including
14 metres at 2.82% Cu (76 to 90 m).

- MJV-06-209 12 metres at 2.15% Cu (28 to 40 m), including
8 metres at 2.87% Cu (30 to 38 m).

All intersections were determined using a rolling 0.25% Cu cut-off and up to 2 metres of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1% Cu cut-off and up to 2 metres of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2% Cu cut-off. All intercepts are down-hole length and intersection true widths have not been calculated.

Sampling procedures for the current drilling program are the same as previously reported. All RC chips are logged at the Mina Justa project site. Holes are sampled in their entirety in two metre runs and split at the drill site. A 1/8 split or approximately 5 kilograms of a two metre sample is submitted to the on-site SGS Lakefield Research ("SGS") preparation facility where samples are crushed to 95% passing 10 mesh and riffle split from which a 250 gram sub-sample is taken. The sub-sample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on site and following analysis, the analytical pulp sample is returned to Chariot for on-site storage.

All samples are analyzed for copper (Cu) using sequential leach, resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30 gram Fire Assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field, crush and pulp duplicate samples (1 in 30 each), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30 each).

Data contained in this news release was validated and intersections calculated by John D. Kapusta, P. Geo, Vice-President Exploration and Geological Services, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101.

Mr. Ulli Rath, President and CEO, said, " The latest drill results from the West Pit Extension zone are among the highest grade intercepts that we have encountered in this zone; and given that some of these high-grade intercepts are close to the surface, it suggests that the West Pit Extension area could also be another starter pit area."

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Chariot's Marcona Copper Project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Ulli Rath, President & CEO

Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath - President & CEO
Office: [phone]
Cell phone: [phone]

Forbes West - IR Advisor
Chariot Resources Limited
Office: [phone]
Cell phone: [phone]

Lima, Peru Office
Chariot Resources Limited
John Kapusta - VP Exploration & Geological Services
Office: [phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Chariot Provides Update on Metallurgical Tests

Friday September 15, 9:26 am ET

Transition Zone Yields Positive Flotation Results Significant Improvement in Precious Metals Recoveries

TORONTO, ONTARIO--(CCNMatthews - Sept. 15, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to provide an update on the metallurgical testing program for its Mina Justa project. Initial metallurgical test results were released on January 10, 2006.

Batch and locked cycle flotation tests were completed at Plenge Laboratories in Lima. These tests were performed on broad composites of fresh drill core from the main sulphide ore body, including the Transition zone, the Bornite-Chalcocite zone and the Chalcopyrite zone.

The flotation conditions were optimized to produce a high quality concentrate grade. Silver and gold recoveries to concentrate were over 90% in the locked cycle tests. None of the concentrates contained any concentrations of elements that would incur smelter penalties. The following results are released today:


------------------------------------------------------------------------
Ore type Transition Bornite-Chalcocite Chalcopyrite
------------------------------------------------------------------------
Concentrate Grade (% Cu) 50.9 39.6 29.7
------------------------------------------------------------------------
Copper Recovery (%) 86.6 91.9 88.0
------------------------------------------------------------------------
Gold & Silver Recovery (%) + 90.0 + 90.0 + 90.0
------------------------------------------------------------------------
Flotation tests are ongoing at Plenge Laboratories in Lima with the objective of increasing recovery while possibly reducing the concentrate grade somewhat.

Set-out below are projections of optimized results, relative to assumptions used in the Scoping Study that was released on May 3, 2006 and the most recent rest results. These projections will be confirmed in the latest round of testing.


------------------------------------------------------------------------
Scoping Study Recent Test Results Projection
------------------------------------------------------------------------
Transition
------------------------------------------------------------------------
Copper Recovery (%) 90.0 86.6 88.2
------------------------------------------------------------------------
Gold & Silver Recovery (%) 54.0 + 90.0 80.0
------------------------------------------------------------------------
Concentrate Grade 35.0 50.9 40.0
------------------------------------------------------------------------------------------------------------------------------------------------
Scoping Study Recent Test Results Projection
------------------------------------------------------------------------
Bornite-Chalcocite
------------------------------------------------------------------------
Copper Recovery (%) 93.0 91.2 92.7
------------------------------------------------------------------------
Gold & Silver Recovery (%) 54.0 + 90.0 80.0
------------------------------------------------------------------------
Concentrate Grade 35.0 39.6 35.0
------------------------------------------------------------------------------------------------------------------------------------------------
Scoping Study Recent Test Results Projection
------------------------------------------------------------------------
Chalcopyrite
------------------------------------------------------------------------
Copper Recovery (%) 93.0 88.0 90.5
------------------------------------------------------------------------
Gold & Silver Recovery (%) 54.0 + 90.0 80.0
------------------------------------------------------------------------
Concentrate Grade 27.0 29.7 27.0
------------------------------------------------------------------------
The information contained in this news release was reviewed and validated by Adam Johnston and by Joseph Schlitt the designated Qualified Persons as defined in National Instrument 43-101.

Mr. Ulli Rath, President and CEO, said, "The latest flotation results confirm that material from the Transition zone can be processed to produce a very high-grade copper concentrate. I am pleased that the recent flotation tests and projections for copper are in line with the assumptions used in the Scoping Study, and that precious metal recoveries are higher."

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project is targeted to be a mid-tier copper producer in 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Ulrich (Ulli) Rath

President & CEO



Contact:
Toronto, Canada
Chariot Resources Limited
Ulli Rath - President & CEO
Office:[phone]
Cell phone:[phone]

Forbes West
Chariot Resources Limited
[phone]/888-655-5532

Lima, Peru
Chariot Resources Limited
John Kapusta - VP Exploration & Geological Services
[phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Chariot Resources-Annual and Special Meeting

Wednesday September 6, 3:02 pm ET

TORONTO, ONTARIO--(CCNMatthews - Sept. 06, 2006) - Chariot Resources Limited (TSX:CHD - News) announced that it held its annual and special meeting of shareholders today at The Ontario Club at 10:00 a.m. During the meeting, shareholders:

1) fixed the number of directors at six (6);

2) elected Alexander Black, Robert Baxter, Ulrich Rath, David Bell, John Kutkevicius and Edward Thompson as directors;

3) appointed PricewaterhouseCoopers LLP as auditors for the ensuing year; and

4) authorized the directors to set PricewaterhouseCoopers LLP's remuneration.

Chariot also announced that its shareholder rights plan did not receive the requisite level of shareholder approval at the meeting and will terminate in accordance with its terms. Chariot is not aware of any pending take-over or other change of control transaction at this time. In addition, the board of directors is not otherwise constrained in its ability to adopt a similar plan in the future should it be required for the board and shareholders of Chariot to properly evaluate a transaction or pursue alternatives to maximize shareholder value.

Also at the meeting Alexander Black announced that he would be resigning as an officer of Chariot in order to pursue other interests. Mr. Black will remain as a director of Chariot. The board of directors has determined at this time to defer the appointment of a new chairman of the board.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Ulrich (Ulli) Rath

President & CEO



Contact:
Toronto, Canada Office
Chariot Resources Limited
Ulli Rath - President & CEO
Office: [phone]
Cell Phone: [phone]

Toronto, Canada Office
Chariot Resources Limited
Alex Black - Director
Office: [phone]
Cell Phone: [phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Chariot Provides Mina Justa Project Update and Announces Cu Drill Intercepts of 64 Metres at 2.03% Including 26 Metres at 3.26%; and 28 Metres at 1.88% Including 8 Metres at 3.95%

Wednesday August 23, 9:15 am ET

TORONTO, ONTARIO--(CCNMatthews - Aug. 23, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to provide an update on the Mina Justa project and regional exploration program and announces further drill results from its 2006 drilling campaign at the Marcona Copper Property.

Project Update:

Marcobre SAC (Chariot's 70% owned Peruvian subsidiary) has awarded the Feasibility Study for the Mina Justa project to a consortium of companies led by GRD Minproc. Also included in the consortium is Grana y Montero, a prominent Peruvian construction and engineering company and Knight Piesold who will be responsible for the design of the waste and heap leach dumps and the tailings area. During the next two months the consortium will be concentrating on port evaluations, infrastructure and geotechnical evaluations.

Marcobre SAC has also initiated a regional exploration program on lands surrounding the Mina Justa project. The Marcona Copper Property covers approximately 32,899 hectares. The Mina Justa project, which is the focu of the feasibility Study, is located on the "Target Area 1" property which covers approximately 3,969 hectares. The "Rio Tinto Claims" which consist of 44 contiguous claims around Target Area 1 cover approximately 28,930 hectares.

Four copper prospects have, to date, been identified on lands surrounding the Mina Justa project. These are:

- Achupallas prospect, located on Target Area 1, about 6 km north of Mina Justa

- Miramar prospect, located on the Rio Tinto Claims about 18 km northwest of Mina Justa

- Clavelinas prospect, located on the Rio Tinto Claims about 5 km east from Mina Justa, and

- La Appreciada prospect, located on the Rio Tinto Claims about 15 km east of Mina Justa.

The initial regional exploration program will consist of geological mapping, surface sampling, geophysical surveys and trenching in order to better define these prospects and to develop additional drill targets.

Drilling Campaign:

The drill results outlined in this press release are from two zones. One of these zones, the HG Sulphide zone, lies within the ultimate pit boundary of the Mina Justa Main Pit as defined in the Scoping Study released on May 3, 2006. The second zone, Magnetite Manto, lies approximately 1 km from the Mina Justa Main Pit.

HG Sulphide zone: The HG Sulphide zone, including the high-grade core, has both copper oxide mineralization and copper sulphide mineralization with both types often occurring in the same drill hole. The most recent drill results from the high-grade core of the HG Sulphide zone where released on July 11, 2006.

Notable highlights from the HG Sulphide zone are (all copper sulphide mineralization):

- MJV-06-170 64 metres at 2.03% Cu (356 to 420 m),including
26 metres at 3.26% Cu (360 to 386 m).

- MJV-06-184 28.2 metres at 1.16% Cu (202.4 to 230.6 m),&
21.6 metres at 1.88% Cu (241.6 to 263.6 m),
including 11.1 metres at 2.76% Cu (247.5 to
258.7 m).

- MJV-06-175 11.7 metres at 1.28% Cu (177.6 to 189.3m), and
44.9 metres at 1.57% Cu (196.9 to 241.7m), including
19.7 metres at 2.20% Cu (219.1 to 238.8 m), &
23.5 metres at 1.26% Cu (249.1 to 272.6 m).

-MJV-06-168 62 metres at 1.22% Cu (296 to 358 m), including
10 metres at 1.66% Cu (322 to 332 m).

Magnetite Manto zone: The Scoping Study has identified this area as having the potential to add value to the Mina Justa base case if additional drilling can identify a high-grade copper oxide resource that may be incorporated into the mine plan. Magnetite Manto is located approximately 1 km west of the Mina Justa Main Pit. The current drill results come from a depth of between 4 to 144 metres. The surface expression of the Magnetite Manto is approximately 350 metres long and approximately 300 metres wide. The most recent drill results from the Magnetite Manto area were released on August 1, 2006.

Notable highlights from the Magnetite Manto area are (all copper oxide
mineralization):- MJV-06-169 28 metres at 1.88% Cu (12 to 40 m), including
8 metres at 3.95% Cu (24 to 32 m)- MJV-06-174 18 metres at 1.03% Cu (126 to 144 m), including
2 metres at 2.35% Cu (128 to 130 m), and
4 metres at 1.54% Cu (134 to 138 m).- MJV-06-188 16 metres at 0.71% Cu (4 to 20m), including
2 metres at 2.34% Cu (8 to 10 m).
All intersections were determined using a rolling 0.25% Cu cut-off and up to 2 metres of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1% Cu cut-off and up to 2 metres of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2% Cu cut-off. All intercepts are down-hole length and intersection true widths have not been calculated.

Sampling procedures for the current drilling program are the same as previously reported and in summary: All RC chips are logged at the Mina Justa project site. Holes are sampled in their entirety in two metre runs and split at the drill site. A 1/8 split or approximately 5 kilograms of a two metre sample is submitted to the on-site SGS Lakefield Research ("SGS") preparation facility where samples are crushed to 95% passing 10 mesh and riffle split from which a 250 gram sub-sample is taken. The sub-sample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on site and following analysis the analytical pulp sample is returned to Chariot for on-site storage.

All diamond drill core is photographed and geologically and geo-technically logged prior to sampling. Holes are sampled based on mineralization and geology and sample limits do not cross lithological boundaries. Core is marked and cut with a diamond core saw and half-core is submitted to the laboratory for analysis. The remaining half core and un-sampled intervals are stored at a secure location at the Marcona site where it remains available for further logging and verification sampling, if required.

All samples are analyzed for copper (Cu) using sequential leach resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30 gram Fire Assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field, crush and pulp duplicate samples (1 in 30 each), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30 each).

Data contained in this news release was validated and intersections calculated by John D. Kapusta, P. Geo, Vice-President Exploration and Geological Services, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101.

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

A Map of the Mina Justa project can be viewed on CCNMatthews' website at http://www.ccnmatthews.com/docs/char0823.pdf.

CHARIOT RESOURCES LIMITED.

Ulrich (Ulli) Rath

President & CEO

Contact:
Toronto, Canada Office
Chariot Resources Limited
Alex Black - Chairman
Office: [phone]
Cell Phone: [phone]

Toronto, Canada Office
Chariot Resources Limited
Ulli Rath - President & CEO
Office: [phone]
Cell Phone: [phone]

Lima, Peru Office
Chariot Resources Limited
John Kapusta - VP Exploration & Geological Services
Office: [phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Chariot Announces Cu Drill Intercepts of 60 Metres at 1.49%; 42 Metres at 2.06%, and 42 Metres at 1.05%; Including 22 Metres at 3.16%, 10 Metres 2.46%, and 30 Metres at 2.95%
Tuesday August 1, 9:15 am ET


TORONTO, ONTARIO--(CCNMatthews - Aug. 1, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to announce further drill results from its 2006 drilling campaign at the Marcona Copper Project. These results are from three zones in which copper oxide mineralization is the most common form of mineralization.
Two of these zones lie, in part, within the ultimate pit boundary of the Mina Justa Main Pit as defined in the Scoping Study released on May 3, 2006. Based on the results released today from these two zones it is likely that the ultimate pit boundary may have to be extended. The third copper oxide zone lies about 1.0 km from the Mina Justa Main Pit.

Northern Oxide zone: This zone comprises copper oxide mineralization from surface to a depth of approximately 200 metres. This zone is also the location for the proposed starter pit operation of the Mina Justa project. The most recent drill results from the Northern Oxide zone were released on June 5, 2006.


Notable highlights from the Northern Oxide zone are
(all copper oxide mineralization):- MJV-06-154 60 metres at 1.49% Cu (106 to 166 m), including
22 metres at 3.16% Cu (138 to 160 m)- MJV-06-156 14 metres at 1.14% Cu (72 to 86 m), including
6 metres at 2.63% Cu (74 to 80 m) and
36 metres at 0.67% Cu (90 to 126 m), including
4 metres at 1.46% Cu (90 to 94 m) and
12 metres at 0.43% Cu (168 to 180 m)- MJV-06-159 12 metres at 2.01% Cu (28 to 40 m), including
6 metres at 3.56% Cu (32 to 38 m)- MJV-06-160 42 metres at 1.05% Cu (60 to 102 m), including
10 metres at 2.46% Cu (64 to 74 m)- MJV-06-161 36 metres at 0.90% Cu (84 to 120 m), including
14 metres at 1.29% Cu (90 to 104 m)
The most recent drill results from the Northern Oxide zone come from a depth of between 28 metres to 166 metres. The surface expression of this zone as presently defined is approximately 650 metres long and approximately 250 metres wide. Within this zone the results from the 2006 drilling campaign have outlined a high-grade core that measures approximately 300 metres by 75 to 100 metres that has the potential to improve the grade of the ore mined in the early years. The Northern Oxide zone is still open to the northeast and extends outside the ultimate pit boundary of the Mina Justa Main Pit as currently defined.

Western Pit Extension: This area comprises copper oxide mineralization from 30 metres to a depth of approximately 200 metres. On the surface this area is approximately 700 metres long and approximately 300 metres wide. The bulk of this zone also lies within the ultimate pit boundary of the Mina Justa Main pit; however, based on the most recent results it is likely that the pit boundary may have to be extended towards the west.


Notable highlights from the Western Pit extension area are
(all copper oxide mineralization):- MJV-06-195 40 metres at 0.91% Cu (150 to 190 m), including
10 metres at 1.34% Cu (180 to 190 m)- MJV-06-202 32 metres at 0.70% Cu (30 to 126 m)- MJV-06-212 32 metres at 0.92% Cu (96 to 128 m), including
10 metres at 1.45% Cu (104 to 114 m)- MJV-06-213 42 metres at 0.78% Cu (60 to 102 m)- MJV-06-220 44 metres at 0.96% Cu (82 to 126 m), including
4 metres at 2.78% Cu (104 to 108 m).
Magnetite Manto area: The Scoping Study has identified this area as having the potential to add value to the Mina Justa base case if additional drilling can identify a high-grade copper oxide resource that may be incorporated into the mine plan. Magnetite Manto is located approximately 1 km west of the Mina Justa Main Pit. The current drill results come from a depth of between 4 to 110 metres. The surface expression of the Magnetite Manto is approximately 350 metres long and approximately 300 metres wide. The most recent drill results from the Magnetite Manto area were released on May 10, 2006.


Notable highlights from the Magnetite Manto area are
(all copper oxide mineralization):- MJV-06-167 20 metres at 1.34% Cu (90 to 110 m), including
10 metres at 2.23% Cu (98 to 108 m)- MJV-06-179 16 metres at 1.73% Cu (4 to 20 m), including
8 metres at 2.72% Cu (4 to 12 m)- MJV-06-181 42 metres at 2.06% Cu (42 to 88 m), including
30 metres at 2.95% Cu (58 to 88 m).
All intersections were determined using a rolling 0.25% Cu cut-off and up to 2 metres of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1% Cu cut-off and up to 2 metres of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2% Cu cut-off. All intercepts are down-hole length and intersection true widths have not been calculated.

Sampling procedures for the current drilling program are the same as previously reported and in summary: All RC chips are logged at the Mina Justa project site. Holes are sampled in their entirety in two metre runs and split at the drill site. A 1/8 split or approximately 5 kilograms of a two metre sample is submitted to the on-site SGS Lakefield Research ("SGS") preparation facility where samples are crushed to 95% passing 10 mesh and riffle split from which a 250 gram sub-sample is taken. The sub-sample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on site and following analysis the analytical pulp sample is returned to Chariot for on-site storage.

All samples are analyzed for copper (Cu) using sequential leach resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30 gram Fire Assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field, crush and pulp duplicate samples (1 in 30 each), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30 each).

Data contained in this news release was validated and intersections calculated by John D. Kapusta, P. Geo, Vice-President Exploration and Geological Services, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101.

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Chariot's Marcona Copper Project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED

Ulli Rath, President & CEO

NOTE: To view the MJV Drillhole Locations map, please visit the following link - http://www.ccnmatthews.com/docs/chariotmap.pdf



Contact:
Toronto, Canada Office
Chariot Resources Limited
Alex Black, Chairman
[phone]
Cell Phone: [phone]

Toronto, Canada Office
Chariot Resources Limited
Ulli Rath, President & CEO
[phone]
Cell phone: [phone]

Lima, Peru Office
Chariot Resources Limited
John Kapusta, VP Exploration & Geological Services
[phone]


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Chariot Announces Cu Drill Intercepts of 38 metres at 8.14%, 80 metres at 2.39%, and 27 metres at 4.47% including 9 metres at 13.05%, 17 metres at 9.10% and 17 metres at 6.16%
Tuesday July 11, 9:09 am ET


TORONTO, ONTARIO--(CCNMatthews - July 11, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to announce further drill results from its 2006 drilling campaign at the Marcona Copper Project. These results are from the high-grade core of the HG Sulphide zone that lies within the ultimate pit boundary of the Mina Justa Main Pit as defined in the Scoping Study released on May 3, 2006.
The HG Sulphide zone, including the high-grade core, has both copper oxide mineralization and copper sulphide mineralization with both types often occurring in the same drill hole. The most recent drill results from the high-grade core of the HG Sulphide zone where released on April 12, 2006.


Notable highlights at the HG Sulphide zone are:- MJV-06-110 copper oxide mineralization
10 metres at 0.62% Cu (40 to 50 m), and
12 metres at 0.74% Cu (222 to 234 m). copper sulphide mineralization
96 metres at 1.55% Cu (238 to 334 m), including
10 metres at 3.56% Cu (292 to 302 m).- MJV-06-138 copper oxide mineralization
18 metres at 0.88% Cu (126 to 144 m), and
10 metres at 0.99% Cu (238 to 248 m) copper sulphide mineralization
80 metres at 2.39% (286 to 366m), including
14 metres at 6.19% Cu (334 to 348 m).- MJV-06-141 copper oxide mineralization
13.7 metres at 0.54% Cu (30.3 to 44.0m), and
8.9 metres at 0.91% Cu ( 102.8 to 111.8m), and
10.6 metres at 0.99% Cu (135.5 to 146.2 m), and
10.4 metres at 1.03% Cu (169.3 to 179.8 m). copper sulphide mineralization
18.6 metres at 1.93% Cu (237.4 to 256.1), and
27.2 metres at 4.47% Cu (264.1 to 291.4 m), including
16.6 metres at 6.16% Cu (272.4 to 289.0 m)- MJV-06-142 copper oxide mineralization
20 metres at 0.56% Cu (114 to 134 m). copper sulphide mineralization
44 metres at 2.25% (258 to 302m), including
18 metres at 3.94% (282 to 300 m).- MJV-06-162 copper oxide mineralization
16.5 metres at 0.65% Cu (132.4 to 148.9 m). copper sulphide mineralization
16.8 metres at 2.78% Cu (176.2 to 193.0 m), and
24.7 metres at 1.88% Cu (229.1 to 253.8 m), and
38.0 metres at 8.14% Cu (277.8 to 315.8 m), including
17.4 metres at 9.10% Cu (279.6 to 297.1 m), and
8.8 metres at 13.05% Cu (300.1 to 308.9 m).

All intersections were determined using a rolling 0.25% Cu cut-off and up to 2 metres of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1% Cu cut-off and up to 2 metres of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2% Cu cut-off. All intercepts are down-hole length and intersection true widths have not been calculated.

Sampling procedures for the current drilling program are the same as previously reported and in summary: All RC chips are logged at the Marcona project site. Holes are sampled in their entirety in two metre runs and split at the drill site. A 1/8 split or approximately 5 kilograms of a two metre sample is submitted to the on-site SGS Lakefield Research ("SGS") preparation facility where samples are crushed to 95% passing 10 mesh and riffle split from which a 250 gram sub-sample is taken. The sub-sample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on site and following analysis the analytical pulp sample is returned to Chariot for on-site storage.

All diamond drill core is photographed and geologically and geo-technically logged prior to sampling. Holes are sampled based on mineralization and geology and sample limits do not cross lithological boundaries. Core is marked and cut with a diamond core saw and half-core is submitted to the laboratory for analysis. The remaining half core and un-sampled intervals are stored at a secure location at the Marcona site where it remains available for further logging and verification sampling, if required.

All samples are analyzed for copper (Cu) using sequential leach resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30 gram Fire Assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field, crush and pulp duplicate samples (1 in 30 each), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30).

Data contained in this news release was validated and intersections calculated by Robert William Baxter, BSc. Hons. App. Geology, Director, Executive VP, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101.

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Chariot's Marcona Copper Project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Alex Black

Chairman

Contact:
Toronto, Canada Office
Chariot Resources Limited
Alex Black - Chairman
Office: [phone]
Cell Phone: [phone]

Toronto, Canada Office
Chariot Resources Limited
Ulli Rath - President & CEO
Office: [phone]
Cell Phone: [phone]

Lima, Peru Office
Chariot Resources Limited
Bob Baxter - Director
Office: [phone]
Cell Phone: [phone]
www.chariotresources.com


--------------------------------------------------------------------------------
Source: Chariot Resources Limited

[sumisu]

Chariot Provides Update on Strategy to Fast-Track Mina Justa Project

Monday June 19, 9:09 am ET

TORONTO, ONTARIO--(CCNMatthews - June 19, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to announce its strategy to accelerate development of the Mina Justa project and to initiate an exploration program on prospective targets surrounding the project area. Mina Justa is located at the company's 70% owned Marcona Copper Project in Peru.

Project Financing Program Initiated: The first phase of the financing exercise for the Mina Justa project has been initiated by Chariot's 70% owned Peruvian subsidiary, Marcobre S.A.C., under the direction of Mr. Brent Cochrane. Prior to accepting this assignment, Mr. Cochrane was previously the CFO of Compania Minera Antamina S.A. Mr. Cochrane also spent 21 years at Rio Algom Limited and during that time was involved with the project financing for three large copper mines in South America. It is expected that a preliminary information memorandum and term sheet for the Mina Justa project will be available for marketing to potential lenders prior to completion of the Feasibility Study.

Environmental Impact Study Initiated: The preparation of the Environmental/Social Impact Assessment ("ESIA") has been awarded to Vector (Peru). The ESIA process was formally initiated at a public meeting in Tupac Amaru, a suburb of the community of San Juan de Marcona, on May 8th 2006 under the auspices of the Peruvian Ministry of Mines. An ESIA working group has been established with representatives from local sectors including, health, education, environment, fisheries and the municipality. Collection of base line information and archeological assessments have started. The ESIA will be completed to Peruvian and World Bank standards.

Request For Tenders For Feasibility Study: A request for tenders for the Mina Justa Feasibility Study has been issued. It is expected that preliminary proposals will be submitted by June 30, 2006 following which negotiations will be initiated with a short-list of suitable engineering companies and final selection is expected to be made by mid-July.

In regards to other elements of the Feasibility Study, Chariot is pleased to announce that:

Drilling Extended: The previously announced 34,000 metre drilling program at Mina Justa has been extended by an additional 12,500 metres. A large proportion of this extended program has been planned to follow-up the encouraging results encountered in the initial drilling campaign. It is expected that this 12,500 metre drilling program will be completed by the end of June 2006.

New Resource Update: Marcobre SAC is currently working with independent consultant, Snowden Mining Industry Consultants Inc. and other advisors in updating the October 2005 resource model. The new resource model will incorporate the data obtained from the 2006 drilling campaign, new geological information and will be the basis for the compilation of a new resource estimate. This new resource estimate will be incorporated into the Feasibility Study.

Geotechnical Tenders: Proposals for independent geotechnical evaluations and studies have been received and are currently under review. It is expected that a tender will be awarded before the end of the month. The results of these studies, which will include laboratory evaluation of drill core, will be incorporated into the Feasibility Study.

Exploration Permit Approved: Peruvian regulatory authorities have recently approved a category C permit for exploration activities on land surrounding the Mina Justa project. Initially, the exploration activities will consist of geological mapping and sampling and geophysical surveys at several of the key target areas previously identified by Rio Tinto. It is expected that exploration drilling will be initiated after the geological and geophysical information has been evaluated.

On May 3, 2006 Chariot released highlights of the Scoping Study of the Mina Justa project. The key financial performance indicators for the Mina Justa project are:


Internal Rate of Return 28 %
Net Present Value $ 364 million
Capital Payback 4.6 years
Cumulative Net Cash Flow $ 892 million
Initial Capital $ 236 million
The Net Present Value of the Mina Justa project has been calculated from a 100% equity, pre-tax cash-flow analysis using a copper price of $1.20/lb and a discount rate of 8%. Other prices used are silver at $4.50/oz and magnetite at $10.50/t concentrate.

On June 7, 2006 the Board of Directors approved the Scoping Study as the basis upon which to initiate a strategy to accelerate development of the Mina Justa project. On June 16, 2006 the company filed a 43-101 report on SEDAR that incorporates the details of the Scoping Study.

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Chariot's Marcona Copper Project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Alex Black

Chairman

[sumisu]

Chariot Announces Cu Drill Intercepts of 92 Metres at 2.27%, 74 Metres at 2.18%, 50 Metres at 1.72% and 46 Metres at 2.51%
Monday June 5, 9:17 am ET


TORONTO, ONTARIO--(CCNMatthews - June 5, 2006) - Chariot Resources Limited ("Chariot") (TSX:CHD - News) is pleased to announce further drill results from its 2006 drilling campaign at the Marcona Copper Project. These results are from two zones that lie within the ultimate pit boundary of the Mina Justa Main Pit as defined in the Scoping Study recently completed by independent consulting engineers, GRD Minproc. Highlights from the Scoping Study were released on May 3, 2006.
HG Sulphide zone: This zone has both copper oxide mineralization and copper sulphide mineralization with both types often occurring in the same drill hole. The most recent drill results from the HG Sulphide zone where released on April 12, 2006.

Notable highlights at the HG Sulphide zone are (all results are copper sulphide mineralization):


- MJV-06-112 74 metres at 2.18% Cu (250 to 324 m), including
18 metres at 3.21% Cu (298 to 316 m) - MJV-06-132 92 metres at 2.27% Cu (202 to 294 m), including
22 metres at 5.19% Cu (254 to 276 m) - MJV-06-134 22 metres at 2.98% Cu (254 to 276 m), including
18 metres at 3.44% Cu (256 to 274 m) - MJV-06-135 50 metres at 1.72% Cu (204 to 254 m), including
6 metres at 3.82% Cu (212 to 218 m), and
32 metres at 0.93% Cu (256 to 288 m), including
4 metres at 2.15% Cu (260 to 264 m) - MJV-06-136 44 metres at 1.48% Cu (204 to 248 m), including
6 metres at 2.73% Cu (220 to 226 m), and
6 metres at 2.48% Cu (232 to 238 m) - MJV-06-139 18 metres at 1.17% Cu (280 to 298 m), and
46 metres at 2.51% Cu (330 to 376 m), including
10 metres at 5.00% Cu (332 to 342 m) - MJV-06-144 36 metres at 1.80% Cu (180 to 216 m), including
6 metres at 2.27% Cu (200 to 206 m) - MJV-06-149 44 metres at 0.93% Cu (206 to 250 m), including
6 metres at 2.09% Cu (220 to 226 m)
Northern Oxide zone: This zone comprises copper oxide mineralization from surface to a depth of approximately 200 metres. This zone is also the location for the proposed starter pit operation of the Mina Justa project. The most recent drill results from the Northern Oxide zone were released on March 22, 2006.

Notable highlights at the Northern oxide zone are (all results are copper oxide mineralization):


- MJV-06-099 18 metres at 1.05% Cu (34 to 52 m), including
8 metres at 1.81% Cu (42 to 50 m); and
26 metres at 1.29% Cu (84 to 110 m), including
10 metres at 2.56% Cu (90 to 100 m) - MJV-06-151 40 metres at 1.47% Cu (78 to 118 m), including
16 metres at 2.38% Cu (88 to 104 m); and
62 metres at 1.35% Cu (122 to 184 m), including
18 metres at 2.56% Cu (164 to 182 m) - MJV-06-152 28 metres at 0.84% Cu (122 to 150 m)
All intersections were determined using a rolling 0.25% Cu cut-off and up to 2 metres of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1% Cu cut-off and up to 2 metres of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2% Cu cut-off. All intercepts are down-hole length and intersection true widths have not been calculated.

Sampling procedures for the current drilling program are the same as previously reported and in summary: All RC chips are logged at the Marcona project site. Holes are sampled in their entirety in two metre runs and split at the drill site. A 1/8 split or approximately 5 kilograms of a two metre sample is submitted to the on-site SGS Lakefield Research ("SGS") preparation facility where samples are crushed to 95% passing 10 mesh and riffle split from which a 250 gram sub-sample is taken. The sub-sample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on site and following analysis the analytical pulp sample is returned to Chariot for on-site storage.

All samples are analyzed for copper (Cu) using sequential leach resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30 gram Fire Assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field duplicate samples (1 in 30), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30).

Data contained in this news release was validated and intersections calculated by Robert William Baxter, BSc. Hons. App. Geology, Director, Executive VP, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101,

Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Project in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, Chariot's Marcona Copper Project is scheduled to be a mid-tier copper producer by 2009.

Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.

CHARIOT RESOURCES LIMITED.

Alex Black

Chairman



Contact:
Toronto, Canada Office
Chariot Resources Limited
Alex Black - Chairman
Office: [phone]
Cell Phone: [phone]

Toronto, Canada Office
Chariot Resources Limited
Ulli Rath - President & CEO
Office: +1 (416 ) 363-4554
Cell phone: [phone]

Lima, Peru Office
Chariot Resources Limited
Bob Baxter - Director
Office: +51 - 1 - 617-1313
Cell Phone: +51 - 1 - 9790-3000
www.chariotresources.com


--------------------------------------------------------------------------------
Source: Chariot Resources Limited