MOTO Goldmines Limited Achieves Outstanding Drilling Results In The Democratic Republic of Congo.

    /24-7PressRelease.com/ - March 25, 2005 - Drilling results from the Moto Gold Project in the Democratic Republic of Congo continues to inspire confidence in this relatively untested district for Perth-based Moto Goldmines Limited(ASX:MTO).

Reconnaissance drilling at new and existing sites continues to highlight the significant potential of the Mengu Hill, Marakeke, Pakaka and Karagaba Prospects in the north east of the central African country for Moto Goldmines Limited.

"The results at Mengu Hill include 84 metres at 3.36 grams per tonne, 52 metres at 3.88 grams per tonne, 19 metres at 4.16 grams per tonne and 18 metres at 3.69 grams per tonne and define a northeast plunging shoot with a downplunge length of greater than 400 metres, a strike length of approximately 150 metres and a thickness exceeding 50 metres," said Klaus Eckhof, Moto Goldmines Limited Managing Director.

At Karagaba results include numerous prospects ranging from 3.59 to 18 grams per tonne including 120 metres at 3.63 grams per tonne. Significant intercepts at Marakeke include 10 metres at nearly 5 grams per tonne and 12 metres at 2.4 grams per tonne, and Pakaka has yielded intercepts including 8 metres at nearly 10 grams per tonne and 44 metres at fewer than 2 grams per tonne.

"The results just keep on confirming this is a world-class deposit," Mr Eckhof said.

Initial resource estimates for Mengu Hill, Mengu, Megi and Pamao Prospects and an upgraded resource estimate for the Pakaka Deposit will be prepared by RSG Global and are expected to be released in early May.

Moto has already estimated a total resource of 4.3 million ounces of gold for its Pakaka, Gorumbwa and Kabali deposits.

"Results from soil sampling at the Zone 1 prospect demonstrate the presence of an east northeast striking linear gold in soil anomaly stretching for nearly two and a half kilometres," Mr Eckhof said.

ENDS

For Further information: Klaus Eckhof +6141-1148 209, http://www.motogoldmines.com Thomas Murrell, 8M Media and Communications http://www.8mmedia.com+61417 - 984 996

MOTO Goldmines Limited was previously known as Equs Ltd, which listed on the Australian Stock Exchange on 1 January 2001 and MOTO Goldmines Limited trades on the Australian Stock Exchange under the symbol MTO.

The previous focus of Equs was in mineral exploration, investment and development of business-to-business opportunities via the Internet.

The new focus of Moto is to explore and add value to gold deposits in the Moto Greenstone Belt located in the Democratic Republic of the Congo.

Directors of Moto have a long tradition and experience of exploration and mining in Africa.

They have well established contacts in the Congo, an outstanding knowledge of the region and are using modern exploration methods and standards to develop its potential.

The Moto project involves the Borgakim area covering nearly 5,000 square kilometers.

Moto has exercised exclusive rights to acquire an interest in the Southern Mining Licence (SML), including the historical mines of Gorumbwa and Durba, and the Kibal Resource Area.

The Moto deposits are typically spectacular high grade ore bodies with a strong track record. For example, Agbarabo in the region produced 600,000 ounces of gold at an average of 39 grams per tonne and Gorumbwa produced 1.2 million ounces at 22 grams per tonne with over 1 million ounces of gold still remaining.

· Moto will manage all exploration and mining activities.

· Managing Director Klaus Eckhof arrived in Australia in 1988 to work for Mount Edon Gold Mines (Aust) Limited. His considerable experience since then in assessing mineral projects all over the world has culminated in several Australian public companies acquiring exploration properties in Africa, Asia and South America. In recent years he has managed his own geological consultancy company and has developed a global network of relationships with the major gold producers, resource financiers, brokers and investors.

For Further information: Klaus Eckhof +6141-1148 209, Thomas Murrell, 8M Media and Communications +61417 - 984 996

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