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Friday, 08/17/2007 6:50:41 AM

Friday, August 17, 2007 6:50:41 AM

Post# of 156
Chariot Confirms Mina Justa Not Affected by Quake

Thursday August 16, 11:51 am ET

http://biz.yahoo.com/ccn/070816/200708160408157001.html?.v=1

TORONTO, ONTARIO--(Marketwire - Aug. 16, 2007) - Ulli Rath, President and CEO Chariot Resources Limited (TSX:CHD - News) has announced that yesterday's earthquake, centred east of Lima, Peru, had not affected Chariot's operations in Lima, or at the Mina Justa project site.

"I've been in contact with both Lima and the project and am delighted that neither has been affected, and that all our people are safe. The Mina Justa project is located over 400 kilometres south of Lima and both the site and the nearby town of San Juan de Marcona are safe from the effects of the quake," said Mr. Rath.

"Naturally our thoughts and prayers are with families who have been impacted and Chariot will seek to contribute to the relief effort."

Chariot Resources Limited (TSX:CHD - News) is the 70% owner of Marcobre S.A.C., the Peruvian company which owns the Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project at Marcona 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:
Ulli Rath
Chariot Resources Limited
President & CEO
Office: +1 (416) 363-4554
Cell: +1 (416) 270-4481
Website: http://www.chariotresources.com

Investor Relations Advisor:
Forbes West
Local: +1 (416) 203-2200
Toll Free (NA): +1 (888) 655-5532


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Source: Chariot Resources Limited



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