SVT

Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") is pleased to announce it
has received the US$250,000 option payment from Minera Fuego, a private Chilean
Company for Savant's Yuby-Gabriela Property, Chile. Under the terms of the
agreement, Minera Fuego can earn a 100% interest in the property by making US$
4.03 million in payments over 48 months to Savant. Savant will retain a 2.5% NSR
in the project; Minera Fuego will have the right to reduce the NSR to 1.5% by
paying Savant US$ 5 million. To date, Savant has received US$530,000 in option
payments. The next option payment of $500,000 is due in 12 months time.
Subsequent option payments of US$1,000,000 and US$2,000,000 are due in 24 months
and 36 months respectively. 


This news release contains forward-looking statements concerning the Yuby
Gabriela 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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