Drilling Update

Bezant Resources PLC
19 December 2007

                              Bezant Resources Plc
                          ('Bezant' or the 'Company')
                                        
            Large Copper Gold Porphyry intersection at the Company's
                      Mankayan Project in the Philippines

Highlights:

• Expansion of the known western extent of the copper and gold mineralisation.
• Over 630m of copper and gold porphyry intersected to date at drill hole 
  BRC-50.
• Average Cu-equivalent values (CuEQ) of 0.52% over the entire 636m 
  intersection.
• Over 100m of high grade intersections with an average 0.85% CuEQ.

Bezant Resources Plc (AIM: BZT), the AIM listed exploration and development
company with gold and copper assets in the Philippines and gold assets in 
Tanzania, is pleased to announce the preliminary assay results for the first 
diamond drill hole (BRC-50). This hole forms part of an ongoing 11,000m drilling 
program at the Mankayan property, with the project site situated 260km north of 
Manila in the Philippines.

BRC-50 is currently drilled to a depth of 981m and assay results have been 
returned for a total of 636m of core for the interval 345m to 981m, with the 
average assay results of the entire 636m of intersections as follows:

CuEQ              Cu (%)            Au (g/t)          Ag (g/t)
0.52              0.357             0.316             0.855

The drill size of BRC-50 is currently being reduced to allow for deeper drilling 
in the order of 1,100m. There are currently two drill rigs operating at the 
Mankayan property, with the second drill rig for hole BRC-51 situated on the 
southern extent of the deposit currently at a depth of 920m.

The results have provided significant further delineation of the known copper 
and gold mineralisation on the western side of the Mankayan porphyry. 
Highlighted intersections shown below, comprise of over 100m of composite 
intersections with average grades of 0.58% Cu; 0.5g/t Au; 1.55g/t Ag and a 0.85% 
average CuEQ*.

Highlighted Intersections

From   To        CuEQ       Cu%       Au g/t       Ag g/t     Interval (m)
372    375       0.80       0.53      0.49         0.80       3
381    384       0.83       0.58      0.45         1.00       3
468    471       0.72       0.46      0.48         1.20       3
480    483       0.75       0.45      0.54         1.30       3
492    495       0.73       0.53      0.37         1.10       3
531    534       0.71       0.52      0.34         1.60       3
558    561       0.72       0.50      0.39         1.40       3
582    588       1.03       0.56      0.87         2.68       6
591    597       0.80       0.55      0.46         1.55       6
609    612       0.92       0.66      0.48         1.20       3
639    642       0.82       0.54      0.51         1.10       3
648    654       1.09       0.69      0.73         2.40       6
657    660       0.93       0.60      0.60         2.40       3
690    693       0.79       0.55      0.43         1.30       3
696    708       0.80       0.58      0.41         1.13       12
714    723       1.13       0.74      0.70         2.62       9
732    744       0.87       0.62      0.45         1.33       12
753    756       1.06       0.77      0.54         1.90       3
768    771       0.71       0.51      0.35         1.30       3
813    816       0.96       0.63      0.60         1.90       3
825    828       0.79       0.53      0.48         1.70       3
891    894       0.96       0.76      0.36         2.50       3
897    900       0.75       0.51      0.43         0.80       3
963    966       0.85       0.61      0.45         1.00       3
Total            0.85       0.58      0.50         1.55       105

At site, the diamond drill core is cut into halves using a diamond saw at the
Company's core handling facility within Mankayan.  Half of the core is retained
for future geological and metallurgical work, while the remaining half of the
core is sent to McPhar Laboratories in Manila for analysis.  At McPhar the core
is dried, crushed, pulverised and a combination of fire assay and atomic
absorption spectrophotometry (AAS) is utilised. McPhar is an ISO 9001 accredited
laboratory (www.mcphar.com.ph).

Clive Sinclair-Poulton, Chief Executive of Bezant, commented:
'We are delighted to have further defined the mineralisation extending to the 
western side of the copper gold porphyry deposit. The prospects for 2008 look 
very promising and I would like to take this opportunity to thank our 
shareholders and employees for their continued support.'

*Copper equivalent values are estimated using long-term metal prices including: 
Cu at USD$1.2 per pound and Au at USD$450 per ounce. CuEQ equals Cu per cent. 
plus Au grams per tonne times 14.47 / (1.20 (x) 22.05). Metallurgical 
recoveries are not considered and adjustment factors to account for differences 
in relative metallurgical recoveries for gold and copper will depend upon the 
completion of definitive metallurgical testing. It should also be noted that 
silver values were not included in the CuEQ calculations.

Dr. Bernard Olivier has reviewed and approved the technical information 
contained within this press release in his capacity as a competent person, as 
required under the AIM rules. Dr. Olivier is a Member of the Australasian 
Institute of Mining and Metallurgy.

For further information, please contact:

Clive Sinclair-Poulton, Chief Executive
Bezant Resources Plc
Email: [e-mail]
Tel: [phone]

James Harris
Matthew Chandler
Strand Partners Limited
Tel: [phone]

Gary Middleton
St Swithins PR Limited
Email: [e-mail]
Tel: [phone]

Notes for editors:

The Mineral and Production Sharing Agreement covers a total of 534 hectares in 
the Guinaoang area of the Philippines (the 'Mankayan Project'). This is located 
in the Mankayan-Lepanto mining district, an area of porphyry copper belts in 
the Philippines and is similar to several deposits that have already been 
developed, such as the St Thomas deposit near Baguio City. The site is adjacent 
to the copper/gold mine owned and run by Lepanto Consolidated Mining Company. 
The Mankayan-Lepanto area has been mined for centuries and is accessible by both 
road and air. The Mankayan deposit was discovered in the early 1970's and since 
then, has been extensively drilled with historically four programmes being 
completed covering more than 45,000 metres of diamond drilling over 48 holes. 
The historic resource estimate is in the order of 166.5 million tonnes at 
approximately 0.52 per cent. Copper and 0.54 g/t of gold.



                      This information is provided by RNS
            The company news service from the London Stock Exchange