SVT

Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") is pleased to announce
that deepening of drill-hole MCW-10-03 beyond the JKL Veins intersected a broad
sulphide mineralized vein system at a point about 600 metres west of the
McWatters Mine workings. Savant interprets this to be a new gold zone grading
6.16 gpt Au over a core length of 6.5 metres including, in contiguous successive
intervals: 8.74 gpt Au over 1.15 metres, 9.03 gpt Au over 1.35 metres, 5.84 gpt
Au over 1.15m, 0.782 gpt Au over 0.65 metres, 0.126 gpt Au over 1.0 metres and
8.70 gpt Au over 1.20 metres. 


This new deeper gold intercept occurs in an area of sparse historic drilling and
is located along the structural trend from the past producing McWatters Mine and
over one km east of the western boundary of the property. The mineralized
structure, based on Savant's current combined geologic and geophysical
interpretations, suggest it to be open along strike in both directions. 


Drill-hole MCW-10-03 was drilled to test for an inferred possible western
extension of the main McWatters Vein system. It was drilled at an angle of -50
degrees and intersected the vein system at approximately 500 metres down-dip
from the projection to surface of the veining intersected at a vertical depth of
390 metres. Drill-hole MCW-11-04 drilled at a dip of -70 degrees from the same
collar as MCW-10-03 cut what Savant believes to be the down-dip extension of the
MCW 10-03 vein system at a down-dip distance of 200 metres from the intersection
in MCW-10-03. In this deeper intercept, the veining and sulphide mineralization
are present with low, but anomalous gold values. Drill-holes MCW-10-01 and
MCW-10-02, which were tests of the JKL Zone, stopped short of the newly
discovered zone referred to as the G Zone. 


Drilling results from the JKL and 702 Zones, the primary targets of this initial
phase of drilling, were also promising. Savant's drilling shows both zones
remain open at depth with significant gold values (see table below). 


Initial drilling at the 702 Zone has also led to the discovery of significant
gold mineralization, apparently unrecognized or undocumented from historic
drilling. Drill-hole McW-11-06 returned 4.52 gpt gold over 8.15 metres from
234.85 to 243.0 metres including 9.39 gpt gold over 1.0 metres and 17.75 gpt
gold over 1.5 metres at a vertical depth of 205 metres. This intercept
tentatively correlates well geologically and structurally with the intercept of
5.26 gpt gold over 0.50 metres from 223.75 to 224.25 in hole McW-11-05, located
120metres west of MCW 11-06 both of which are positioned in a stratigraphic
location very similar to the JKL Zones located 800 metres to the east. 




----------------------------------------------------------------------------
                                                Vertical      Core     Grade
Drill Hole            Zone      From        To     Depth    Length     (gpt)
----------------------------------------------------------------------------
MCW-10-01              JKL   216.80m   217.30m      160m     0.50m      2.48
----------------------------------------------------------------------------
MCW-10-02              JKL   243.00m   244.20m      210m     1.20m      8.88
----------------------------------------------------------------------------
                       JKL   255.00m   256.80m      220m     1.80m      2.11
----------------------------------------------------------------------------
                       JKL   372.90m   373.80m      320m     0.90m      2.55
----------------------------------------------------------------------------
MCW-10-03              JKL   201.05m   201.60m      150m     0.55m      58.5
----------------------------------------------------------------------------
                         G   535.50m   542.00m      390m     6.50m      6.16
----------------------------------------------------------------------------
                  includes   535.50m   536.65m               1.15m      8.74
----------------------------------------------------------------------------
                  includes   536.65m   538.00m               1.35m      9.03
----------------------------------------------------------------------------
                  includes   538.00m   539.15m               1.15m      5.84
----------------------------------------------------------------------------
                  includes   539.15m   540.80m               1.65m      0.39
----------------------------------------------------------------------------
                  includes   540.80m   542.00m               1.20m      8.70
----------------------------------------------------------------------------
MCW-11-04                L   191.00m   192.00m      165m     1.00m      5.27
----------------------------------------------------------------------------
                        JK   250.45m   251.35m      240m     0.90m      2.61
----------------------------------------------------------------------------
                        JK   253.30m   254.40m      240m     1.10m      2.37
----------------------------------------------------------------------------
                         G   556.00m   560.50m      510m     4.50m      0.20
----------------------------------------------------------------------------
MCW-11-05        "JKL ext"   223.75m   224.25m      195m     0.50m      5.26
----------------------------------------------------------------------------
                       702   363.90m   365.50m      320m     1.60m      7.33
----------------------------------------------------------------------------
MCW-11-06        "JKL ext"   234.85m   243.00m      205m     8.15m      4.52
----------------------------------------------------------------------------
                  includes   235.85m   236.85m               1.00m      9.39
----------------------------------------------------------------------------
                  includes   241.50m   243.00m               1.50m     17.75
----------------------------------------------------------------------------
                       702   348.80m   350.30m      310m     1.50m      2.42
----------------------------------------------------------------------------
                                                                            
(i)Core length approximates true thickness                                  



Savant has now received the majority of the assays from the recently completed
drill program. The results of some infill sampling are pending.


The McWatters Property covers 4.0 km of strike length along the Cadillac-Larder
Lake Break and includes the past-producing McWatters Mine, and two diluted
historical resources of 235,000 tonnes grading 6.6 gpt gold and 170,000 tonnes
grading 5.0 gpt gold referred to as the JKL and 702 Zones. A Qualified Person
has not done sufficient work to classify these historical estimates as current
mineral resources, Savant is not treating the historical estimates as current
mineral resources and the historical estimates should not be relied upon. The
historical resources were shallowly tested to depths less than 225 metres and
remain open at depth. 


Savant has an option to acquire a 100% interest in the McWatters Property (See
Savant press November 9, 2010 for details). 


Savant's NQ drill core sampling, including the quality assurance/quality control
program, is performed internally by Savant personnel under the immediate
supervision of Savant's project geologist, separately from the laboratory's own
internal QA/QC procedure. Cut, half core samples are tagged, bagged and sealed
in individual plastic bags and batched into larger 20kg rice bags which are then
collected regularly by AlsChemex sample collection service from Savant's core
sampling facility in Noranda and delivered to ALS Chemex Labs in Val d'Or,
Quebec. Samples are ground and 30 gram subsamples selected for commercial
standard fire assay processing with an atomic absorption finish. Samples
returning greater than 10ppm gold are automatically re-run using a gravimetric
finish. Additionally, metallic sieve analysis is performed on samples were
visible gold is identified or suspected of being present. Analytical accuracy
and precision are monitored by the insertion of routine blanks and reference
accredited low and high grade gold standards at 20 sample intervals in the
sample stream. Blind duplicates on pulps are also randomly selected to further
verify the accuracy of the analytical results. At the end of the program, a
suite of sample pulps will be sent to a second accredited laboratory for
comparative verification.


John McClintock P.Eng., President of Savant Explorations Ltd. is the Qualified
Person, as defined by National Instrument 43-101, responsible for the technical
data in this news release.


This news release contains forward-looking statements concerning the McWatters
Property. These statements are based on assumptions and judgments of management
regarding future events or results that may prove to be inaccurate as a result
of failure to obtain necessary regulatory approvals, the failure to reach
agreement on final documentation, exploration results and other risk factors
that are beyond Savant's control. There can be no assurance that such
forward-looking statements will prove to be accurate as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements contained in this news release.

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