Update of Drilling Programme

Bezant Resources PLC
23 April 2008

Bezant Resources Plc
('Bezant' or the 'Company')


ADDITIONAL DRILL RIG ON SITE AT THE MANAKAYAN PROJECT, PHILIPPINES

Highlights:

Third core drill rig has arrived on site to assist the two drill rigs already in
operation

On target for updated inferred JORC Compliant resource estimate by mid 2008.

Third hole (BRC-52) is at a depth of 1,210m

Fourth hole (BRC-53) has reached a depth of 630m


Bezant (AIM: BZT), the AIM listed exploration and development company with gold
and copper assets in the Philippines and gold assets in Tanzania, today
announces that a third core drilling rig is in situ on the Company's Mankayan
copper gold project in the Philippines and is expected to commence drilling
before the end of this month.



The fully funded two year exploration programme for the Mankayan Project, which
commenced in September 2007, has a total budget of US$3 million.  The additional
diamond drill rig will enable Bezant to accelerate its ongoing 11,000 metres
drilling campaign and to achieve its primary objective for the project, of being
ready for development during 2009.  In addition to the current drilling
activity, the Company is also in the process of completing its analysis of
approximately 12,000 metres of historical drilling core and the provision of
infill drilling in order to improve the resource classification.  Historically,
based on analysis of 33,000 metres of drilling on the site, the resource has
been estimated to be in the order of 166 million tonnes, equating to
approximately 1.9 billion pounds of copper and 2.9 million ounces of gold at a
0.4 % Copper Cutoff (source: Nichols 1996 & Peatfield 1997).

In the course of current quarter Bezant expects to be in a position to announce
the complete assay results in respect of the current holes BRC-52 & 53, as well
as an independently verified interpretation of the historical exploration data.
 Subject to the timely receipt of such further results and consultations with
the Snowden Group, the Company's independent technical consultant, Bezant
anticipates announcing a JORC Compliant inferred resource by the end of this
current financial quarter.  The Company's main goal by the end of the 2009
financial year is to achieve an updated JORC Compliant indicated/measured
resource for the Mankayan Project, which, inconjunction with the ongoing
geotechnical and metallurgical examinations, shall culminate in the production
of an initial Mining Feasibility Report.



Gerry Nealon, Executive Chairman, today commented:

'The securing of a third drill rig for the Mankayan site will allow us to both
aggressively pursue completion of our current 11,000 metres campaign as well as
permitting possible further infill drilling at the project.  We remain on target
to have an updated JORC Compliant indicated or measured resource defined by the
first half of 2009 and I look forward to announcing further results from our
extensive exploration programme during the remainder of 2008.



We are most encouraged by a larger than expected zone of mineralisation revealed
by hole BRC-52 and are currently seeking to extend this hole to further
delineate the edge of the deposit.  In addition to the individual drill hole
results, the ongoing geotechnical and metallurgical examinations mean that we
are now significantly closer to defining a more accurate overall picture of the
ore body.'



For further information, please contact:

Gerry Nealon
Executive Chairman, Bezant Resources Plc
Tel: [phone]



Bernard Olivier
Executive Director, Bezant Resources Plc
Tel: [phone]


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


Laurence Read
Threadneedle Communications (UK)
Email: [e-mail]
Tel: [phone]
Mob: [phone]

or visit http://www.bezantresources.com



Notes for editors:



The Guinaoang porphyry copper/gold deposit (The Mankayan Project) is situated in
the Mankayan-Lepanto mining district of the Philippines, an area of established
copper and gold mining.  The deposit is located approximately 240km north of
Manila and 6km east of the existing copper/gold mine owned and operated by
Lepanto Consolidated Mining.  Since its discovery in the early 1970s, extensive
drilling (more than 45,000 metres over 48 holes) and metallurgical work has been
undertaken by Goldfields Asia Limited, Pacific Falkon and others.














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