Makena Resources Inc.
Makena Begins its Largest Athabasca Uranium Drilling Program to Date

DGAP-News: Makena Resources Inc. / Key word(s): Miscellaneous

2016-08-12 / 13:01
The issuer is solely responsible for the content of this announcement.

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Vancouver, British Columbia--(Newsfile Corp. - August 12, 2016) - Makena
Resources Inc. (TSXV: MKN) (FSE: A1KB6R) (OTCBB: CANSF) (the 'Company' or
'Makena') has commenced on the next phase of drilling at the Patterson
Prospect in the southwestern Athabasca Basin of Saskatchewan. Makena
anticipates this next phase of drilling to consist of a minimum of 3-5
holes. This prospect is located in-between Fissions' Patterson discovery,
the Pure Point discovery and NexGen Energy, who recently discovered a new
high-grade zone of mineralization northeast of their Arrow deposit.

Makena has also recently acquired 4,060 hectares prospective for diamonds
in the Athabasca region of Saskatchewan in the direct vicinity of the De
Beers' diamond option from CanAlaska Uranium Ltd.

Negar Adam, president of Makena states, 'We are very excited to have
commenced on the single largest drill program that Makena has undertaken in
many years. Makena's previous drilling on the Patterson Prospect has
indicated that there is anomalous uranium mineralization in the target
area. We expect this drilling will vector towards a larger uranium target
in the centre of a prominent gravity anomaly. With drilling now underway,
we are optimistic about what this program may uncover and we look forward
to potentially game-changing weeks ahead.'

If you would like to be added to Makena's news distribution list please
send your email address to makenaresourcesinc@gmail.com

Makena has an option agreement with CanAlaska on the Patterson Prospect and
looks forward to utilizing their uranium expertise on this drill program.

Contact Information
Tel: 1.604.685.5150
Fax: 1(604) 689-1733

'Negar Adam'
President, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press release.
			

Click on, or paste the following link into your web browser, to view
the associated documents

http://www.newsfilecorp.com/release/22072

News Source: Newsfile


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2016-08-12 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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     Language:    English                
     Company:     Makena Resources Inc.  
   
   
                  Canada                 
     ISIN:        CA56087W1077           
   
   
     End of News    DGAP News Service