Eritrea Resource play (ERP)

[Ed Monton]

Sanu Resources Ltd.: Corporate Update

Vancouver, British Columbia--(CCNMatthews - Mar 19, 2004) -

Director Appointment/Resignation

Sanu Resources Ltd. (the "Corporation") announces the appointment
of Mr. John C. Lucking to the Board of Directors and the
resignation of Mr. A. Murray Sinclair. Mr. Lucking is presently
a consulting economist who sits on the board of several mutual
funds and is involved in other mining-related venture capital
investments.

Change of Auditors

Pursuant to National Policy 31, the Corporation hereby advises
that Davidson & Company, Chartered Accountants has resigned as
auditors of the Corporation and that KPMG LLP ("KMPG"), Chartered
Accountants have been appointed in their stead. The appointment
of KPMG was considered and approved by the Audit Committee and
the Board of Directors of the Corporation.

Grant of Incentive Stock Options

The Corporation announces that pursuant to the Corporation's
Stock Option Plan, 1,235,000 stock options exercisable at $0.55
per share for a period of five years have been granted to certain
directors, officers, employees and consultants of the
Corporation. As a result of their function within the
Corporation, certain individuals may be considered "related
parties" to the Corporation. The Corporation has determined that
exemptions from the various requirements of the Ontario
Securities Commission Rule 61-501 are available.

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FOR FURTHER INFORMATION PLEASE CONTACT:
Sanu Resources Ltd
Michael Winn
President
[phone]
or
Sanu Resources Ltd
Kim Casswell
Corporate Secretary
[phone]
[phone] (FAX)