Moto-Gold-Projekt

   * 54 metres at 5.34 grams per tonne gold from 533 metres to 587 metres;
   * 20 metres at 10.28 grams per tonne gold from 460 metres to 480 metres;
   * 10 metres at 10.43 grams per tonne gold from 476 metres to 486 metres;
   * 14 metres at 9.38 grams per tonne gold from 468 metres to 482 metres.

The drilling program was designed to provide better edge definition for lode interpretation and aimed to convert inferred mineral resources to indicated mineral resources. Moto considers this to be essential to provide sound technical evaluation of the underground mining potential.

Cube Consulting Pty. Ltd. was commissioned to undertake the independent revision of the project's mineral resources using additional drilling information acquired during the period from mid-December, 2007, to July, 2008. The revised mineral resources form the basis of the project's optimization study.

   SESSENGE DEEPS LODES -- REFINED INTERPRETATION -- MINERAL RESOURCES
                  GREATER THAN ONE GRAM PER TONNE GOLD

               Indicated mineral resources     Inferred mineral resources
Deposit           Tonnes   Grade      Metal     Tonnes    Grade      Metal
                     Mt  g/t Au     000 oz         Mt   g/t Au     000 oz

High-grade core     9.93     6.7      2,149       2.13      3.4        233
Low-grade halo      6.03     1.9        362       4.49      1.9        275

Since the previous mineral resource update in February, 2008, Cube has expanded the scope of interpretation and estimation practice to include discrete modelling of the low-grade, low-intensity alteration halo encompassing the higher-grade core alteration which was the subject of previously published mineral resource estimates. This enhancement will aid underground mine planning activities of the optimization study.

The Sessenge Deeps drilling program also yielded a significant number of additional intersections in the upper areas of the KCD deposit as a result of the stacked nature of the deposit's mineralized lodes. Significant intersections for this upper area include the following:

   * Eight metres at 13.99 grams per tonne gold from 338 metres to 346 metres;
   * 14 metres at 7.15 grams per tonne gold from 464 metres to 478 metres;
   * 30 metres at 5.18 grams per tonne gold from 463 metres to 493 metres;
   * Eight metres at 11.13 grams per tonne gold from 26 metres to 34 metres;
   * Six metres at 16.80 grams per tonne gold from 352 metres to 358 metres;
   * 20 metres at 10.13 grams per tonne gold from 282 metres to 302 metres;
   * 18 metres at 11.96 grams per tonne gold from zero metres to 18 metres;
   * 24 metres at 8.10 grams per tonne gold from 164 metres to 188 metres.

On the basis of statistical analysis of geological data, Cube has redefined the local recoverable mineral resource using a modelling methodology adopting a lower interpretative cut-off grade of approximately 0.15 gram per tonne gold (previous mineral resource estimates used approximately 0.5 gram per tonne). As a result, all the project's deposits containing indicated mineral resources were revised using this methodology, the results of which are listed in the local recoverable mineral resource table.

        MOTO GOLD PROJECT LOCAL RECOVERABLE MINERAL RESOURCE --
           ALL DEPOSITS GREATER THAN ONE GRAM PER TONNE GOLD

                  Indicated mineral resources   Inferred mineral resources
Deposit           Tonnes      Grade      Metal      Tonnes  Grade     Metal
                     Mt     g/t Au     000 oz          Mt g/t Au    000 oz

Pakaka             16.93        2.5      1,379           -      -         -
Gorumbwa               -          -          -        8.29    5.2     1,374
Kibali                 -          -          -       17.08    2.2     1,206
Mengu Hill          8.82        3.0        847           -      -         -
Mengu Village       1.15        1.9         69        0.08    1.4         4
KCD                66.74        3.6      7,705       73.75    3.4     8,127
Megi                   -          -          -        4.14    2.1       277
Marakeke               -          -          -        2.41    1.7       134
Kombokolo           2.33        2.4        176           -      -         -
Sessenge            8.58        2.3        637           -      -         -
Ndala                  -          -          -        0.26    4.0        34
Pamao               7.85        1.9        480        1.15    1.9        71
                 ------        ---     ------      ------    ---    ------
Global resource   112.39        3.1     11,293      107.16    3.3    11,226
                 ------        ---     ------      ------    ---    ------

Note:  KCD mineral resources in this table are inclusive of Sessenge Deeps
mineral resources listed in the refined interpretation table.  The mineral
resource listings are not additive.

              SUMMARY OF ATTRIBUTABLE MINERAL RESOURCES

Category           Gross        Net attributable to Moto group(i)  Operator
          Tonnes  grade  Metal  Tonne      Grade          Metal
              Mt Au g/t    Moz     Mt     Au g/t            Moz

Measured        -      -      -      -          -              - Moto group
Indicated   112.4    3.1   11.3   78.7        3.1            7.9 Moto group
Inferred    107.2    3.3   11.2   75.0        3.3            7.9 Moto group

(i) Net attributable to the Moto group represents 70 per cent of the Moto
gold project.

Mineral resources and reserves

In December, 2007, Moto released a feasibility study compiled by Lycopodium Minerals Pty. Ltd. (formerly Lycopodium Engineering Pty. Ltd.) and Cube. As part of this feasibility study, Cube calculated probable mineral reserves of 37.8 million tonnes at 3.2 grams per tonne gold for 3.9 million ounces gold, sourced solely from open-pit mining.

Also in February, 2008, the company released an underground concept study conducted by AMC Consultants Pty. Ltd., which modelled high-grade domains within the two Sessenge Deeps lodes of the KCD mineralized system. Based on a three-gram-per-tonne cut-off grade, AMC's preliminary assessment concluded that the following mineral resources of the project have the potential to be extracted using underground methods:

   * 4.9 million tonnes at 8.9 grams per tonne for 1.4 million ounces gold in the indicated mineral resource category;
   * 30.7 million tonnes at six grams per tonne for 5.9 million ounces gold in the inferred mineral resource category.

Additional notes

The Moto group undertakes geological sampling and assay in accordance with its quality assurance-quality control program, which includes the use of standards, blanks and duplicates. This program was audited by Snowden Mining Industry Consultants Pty. Ltd. in July, 2006. Snowden is independent of Moto and is currently undertaking an updated quality assurance-quality control audit.

Gold assay work was undertaken by Genalysis Laboratory Services Pty. Ltd. in Perth, Western Australia. Genalysis is accredited under the National Association of Testing Authorities Australia for compliance with ISO/EC 17025 for chemical testing and is independent of the Moto group. Assays are determined using fire assay methods with a 50-gram charge, AAS finish with a 0.10-gram-per-tonne-gold detection limit.

Scientific or technical information in this news release has been prepared under the supervision of Greg Smith, geological consultant to the company and a qualified person under National Instrument 43-101, and a member of the Australasian Institute of Mining and Metallurgy. Mr. Smith has sufficient experience which is relevant to the style of mineralization under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2004 edition of the "Australasian Code for Reporting of Exploration Results, mineral resources and Ore Reserves" (the JORC code).

The information in this report that relates to mineral resources is based on a resource estimate compiled by Rick Adams, who is a member of the Australasian Institute of Mining and Metallurgy and a qualified person under National Instrument 43-101. Mr. Adams is a director of Cube and has sufficient experience which is relevant to gold mineralization and resource estimation to qualify as a competent person as defined in the December, 2004, edition of the "Australasian Code for Reporting of Exploration Results, mineral resources and Ore Reserves" (the JORC code). Mr. Adams consents to the inclusion in this report of the information in the form and context in which it appears.

The information in this report that relates to mineral reserves is based on a resource estimate compiled by Quinton de Klerk, who is a member of the Australasian Institute of Mining and Metallurgy and a qualified person under National Instrument 43-101. Mr. de Klerk is a director of Cube and has sufficient experience which is relevant to gold mining and mineral reserve calculation to qualify as a competent person as defined in the December, 2004, edition of the "Australasian Code for Reporting of Exploration Results, mineral resources and Ore Reserves" (the JORC code). Mr. de Klerk consents to the inclusion in this report of the information in the form and context in which it appears.

All the mineral resource estimates and mineral reserve calculations referred to in this news release have been classified and reported in accordance with the 2004 Australasian Code for Reporting of mineral resources and Ore Reserves (2004 JORC code). The 2004 JORC reporting guidelines are equivalent to the guidelines adopted for the Canadian National Instrument 43-101.

We seek Safe Harbor.

Alle vererzten Abschnitte sind im Anhang B aufgeführt. Folgend die wichtigsten Abschnitte:

- 28 m mit 8,67 g/t Gold von 442 m bis 470 m;
- 26 m mit 13,04 g/t Gold von 456 m bis 482 m;
- 52 m mit 7,97 g/t Gold von 494 m bis 546 m;
- 38 m mit 7,67 g/t Gold von 496 m bis 534 m;
- 54 m mit 5,34 g/t Gold von 533 m bis 587 m;
- 20 m mit 10,28 g/t Gold von 460 m bis 480 m;
- 10 m mit 10,43 g/t Gold von 476 m bis 486 m;
- 14 m mit 9,38 g/t Gold von 468 m bis 482 m

Das Bohrprogramm war für eine genauere Interpretation der Erzgänge ausgelegt und zielte auf die Umwandlung der geschlussfolgerten Mineralressourcen zu angezeigten Mineralressourcen. Dies ist nach Ansicht Motos notwendig, um eine einwandfreie technische Beurteilung des Untertageabbaupotenzials vorzulegen.

Cube Consulting Pty Ltd. („Cube“) wurde mit der unabhängigen Revision der Mineralressource des Projekts unter Verwendung zusätzlicher Bohrinformationen beauftragt, die in der Zeit zwischen Mitte Dezember 2007 und Juli 2008 gesammelt wurden. Die aktualisierten Mineralressourcen bilden die Grundlage der Optimierungsstudie des Projekts.

Die aktualisierten Mineralressourcen der Sessenge Deeps Lodes sind in Tabelle 1 aufgeführt:

Tabelle 1: Sessenge Deeps Lodes - Verbesserte Interpretation – Mineralressourcen über than 1.0 g/t Au

--------------------------------------------------
               Angezeigte Mineralressourcen    geschlussfolgerte Mineralressourcen
Lagerstätte        Tonnen   Gehalt     Metall    Tonnen    Gehalt     Metall
                    Mio. g/t Au    '000 Unzen      Mio. g/t Au    '000 Unzen
--------------------------------------------------
Hochgradiger Kern    9.93     6.7      2,149       2.13      3.4        233
niedrighaltiger Halo 6.03     1.9        362       4.49      1.9        275
--------------------------------------------------

Seit der Aktualisierung der Mineralressource im Februar 2008 hat Cube den Umfang der Interpretation und der Berechnungsmethoden erweitert, um ein eigenständiges Modell des niedrighaltigen, nur gering umgewandelten Halos miteinzubeziehen, der den stärker umgewandelten Kernbereich umgibt. Die in der Vergangenheit veröffentlichten Schätzungen der Mineralressourcen bezogen sich auf diesen Bereich. Diese Verbesserung wird die Planung der Untertageaktivitäten der Optimierungsstudie unterstützen.

Das Bohrprogramm auf Sessenge Deeps lieferte ebenfalls eine signifikante Anzahl zusätzlicher Abschnitte aus den oberen Bereichen der KCD-Lagerstätte. Dies ist das Ergebnis einer übereinander geschichteten Lagerung der Erzgänge in dieser Lagerstätte. Alle vererzten Abschnitte aus diesem oberen Bereich sind im Anhang B aufgeführt. Folgend die wichtigsten Abschnitte:

- 8 m mit 13,99 g/t Gold von 338 m bis 346 m;
- 14 m mit 7,15 g/t Gold von 464 m bis 478 m;
- 30 m mit 5,18 g/t Gold von 463 m bis 493 m;
- 8 m mit 11,13 g/t Gold von 26 m bis 34 m;
- 6 m mit 16,80 g/t Gold von 352 m bis 358 m;
- 20 m mit 10,13 g/t Gold von 282 m bis 302 m;
- 18 m mit 11,96 g/t Gold von 0 m bis 18 m;
- 24 m mit 8,10 g/t Gold von 164 bis 188 m.

Basierend auf der statistischen Analyse der geologischen Daten hat Cube die gewinnbare Mineralressource neu definiert. Cube verwendete dabei ein Modell mit einem niedrigeren Cut-Off-Gehalt von ca. 0,15 g/t Au (frühere Mineralressourcen-Schätzungen verwendeten ca. 0,5 g/t). Folglich wurden alle Lagerstätten des Projekts, die eine angezeigte Mineralressource beherbergen unter Verwendung dieses Verfahrens überarbeitet. Die Ergebnisse sind in Tabelle 2 aufgeführt.

Tabelle 2:  Gewinnbare Mineralressource des Moto-Goldprojekts -

Alle Lagerstätten über 1.0 g/t Au
--------------------------------------------------
                  Angezeigte Mineralressource   geschlussfolgerte Mineralressource
Lagerstätte        Tonnen      Gehalt     Metall     Tonnen  Gehalt    Metall
                    Mio.    g/t Au    '000 Unzen      Mio.g/t Au   '000 Unzen
--------------------------------------------------
Pakaka             16.93        2.5      1,379           -      -         -
Gorumbwa               -          -          -        8.29    5.2     1,374
Kibali                 -          -          -       17.08    2.2     1,206
Mengu Hill          8.82        3.0        847           -      -         -
Mengu Village       1.15        1.9         69        0.08    1.4         4
KCD                66.74        3.6      7,705       73.75    3.4     8,127
Megi                   -          -          -        4.14    2.1       277
Marakeke               -          -          -        2.41    1.7       134
Kombokolo           2.33        2.4        176           -      -         -
Sessenge            8.58        2.3        637           -      -         -
Ndala                  -          -          -        0.26    4.0        34
Pamao               7.85        1.9        480        1.15    1.9        71
--------------------------------------------------
Gesamte Ressource 112.39        3.1     11,293      107.16    3.3    11,226
--------------------------------------------------
Anmerkung:  Die KCD-Mineralressourcen in Tabelle 2 schließen die in Tabelle 1 aufgeführten Mineralressourcen von Sessenge Deeps ein. Die aufgeführten Mineralressourcen sind nicht additiv.

Tabelle 3:  Zusammenfassung der Anteile der Mineralressourcen

--------------------------------------------------
Kategorie         brutto                 Nettoanteil der Moto Group(i)       Betreiber
            Tonnen    Gehalt   Metall         Tonnen      Gehalt   Metall
              Mio.    Au g/t   Mio. Unzen     Mio.        Au g/t  Mio. Unzen
--------------------------------------------------
nachgewiesen        -      -      -               -          -          -      Moto Group
angezeigt        112.4    3.1      11.3           78.7        3.1       7.9     Moto Group
geschlussfolgert 107.2    3.3      11.2           75.0        3.3       7.9     Moto Group
--------------------------------------------------
(i) Nettoanteil der Moto Group entspricht 70 Prozent des Moto-Goldprojekts.

Mineralressourcen und -vorräte

Im Dezember 2007 gab Moto den Abschluss einer Machbarkeitsstudie bekannt, die von Lycopodium Minerals Pty Ltd (früher Lycopodium Engineering Pty Ltd) und Cube angefertigt wurde. Als Teil dieser Machbarkeitsstudie berechnete Cube einen vermuteten Mineralvorrat von 37,8 Mio. Tonnen mit 3,2 g/t Gold für 3,9 Mio. Unzen Gold. Dieser Vorrat ist ausschließlich in der Tagebaugrube beherbergt.

Im Februar 2008 gab das Unternehmen den Abschluss der Konzeptstudie für den Untertageabbau bekannt. Diese Studie wurde von AMC Consultants Pty Ltd („AMC“) durchgeführt. AMC setzte die hochgradig vererzten Bereiche innerhalb der zwei Sessenge Deeps Lodes des Vererzungssystems Karagba-Chauffeur-Durba („KCD“) in ein Modell um. Basierend auf einem Cut-Off-Gehalt (Gehalt unter dem die Proben nicht in die Ressource- oder Vorratsberechnung einbezogen werden) 3,0 g/t Gold kam AMCs vorläufiges Gutachten zu dem Schluss, dass die folgenden Mineralressourcen des Projekts das Potenzial für einen Untertageabbau besitzen: 4,9 Mio. Tonnen mit 8,9 g/t für 1,4 Mio Unzen Gold in der Ressourcen-Kategorie „Angezeigt“ und 30,7 Mio. Tonnen mit 6,0 g/t für 5,9 Mio. Unzen Gold in der Ressourcen-Kategorie „Geschlussfolgert“.

Die ursprüngliche englische Pressemitteilung enthält weitere Angaben über die Probenaufbereitung und Analyse sowie den Anhang B und ist als PDF-Datei mit folgendem Link abrufbar. (180 KB)

www.goldinvest.de/public/data/documents/
Moto_Goldmines_News_Release_21Jan2009_e.pdf

Für weitere Informationen wenden Sie sich bitte an:

Moto Goldmines Limited
Level 1 68 Hay Street, Subiaco WA 6008
PO Box 1255, West Perth WA 6872

Andrew Dinning
President und Chief Operating Officer
Tel. +61 8 9273 4222

Mark Arnesen
Financial Director und Chief Financial Officer
Tel. +61 8 9273 4222

www.motogoldmines.com/
www.motogoldmines.de/

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Königstraße 26
70173 Stuttgart
Germany
Tel. +49 (711) 253592-30
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Dies ist eine Übersetzung der ursprünglichen englischen Pressemitteilung. Nur die ursprüngliche englische Pressemitteilung ist verbindlich. Eine Haftung für die Richtigkeit der Übersetzung wird ausgeschlossen.


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Um sich aus diesem Ve

The Company undertook an aggressive infill drilling campaign between mid 2008 and December 2008, mobilizing four diamond drill rigs to target a broad body of Inferred mineralization located at approximately 350m-550m below surface. The results from this drilling contain numerous significant high grade intersections outside the limits of the current suite of modeled Mineral Resources in the Chauffeur area of the KCD deposit. These drill results strongly support the Company's view that significant high grade underground potential remains outside the Sessenge Deeps zone. The resources within the Sessenge Deeps zone form the basis of the current underground feasibility study and are the subject of the January 21, 2009 Resource update.

Moto views the prospectivity and location of these Mineral Resources as having the potential to add significant value to development plans for the Project, particularly in respect of the underground mine which is currently the subject of a feasibility study being undertaken by SRK Consulting Pty Ltd.

The location of these Mineral Resources is expected to have positive implications for the lead time to production from underground mining at the Project and as such Moto intends to continue to prioritize activities to upgrade the geological confidence of this mineralization and anticipates that these Mineral Resources will be brought in to the development and production schedule by the time mine production commences.

A full list of drill intersections are included in Appendix B.

MINERAL RESOURCES AND RESERVES

In January 2009, Moto announced an upgrade of Mineral Resources to 112.4 Mt at 3.1 g/t Au for 11.3 Moz gold Indicated and 107 Mt at 3.3 g/t Au for 11.2 Moz Inferred. This Mineral Resource estimate was undertaken by Cube Consulting Pty Ltd ("Cube").

In December 2007, Moto announced, the completion of a Feasibility Study compiled by Lycopodium Minerals Pty Ltd (formerly Lycopodium Engineering Pty Ltd) and Cube. As part of this Feasibility Study, Cube calculated Probable Mineral Reserves of 37.8 Mt at 3.2 g/t Au for 3.9 Moz gold, sourced solely from open pit mining.

In February 2008, the Company announced the completion of an underground concept study conducted by AMC Consultants Pty Ltd ("AMC"), which modeled high-grade domains within the two Sessenge Deeps Lodes of the KCD mineralized system. Based on a 3.0 g/t cut-off grade, AMC's Preliminary Assessment concluded that the following Mineral Resources of the Project have the potential to be extracted using underground methods: 4.9 Mt at 8.9 g/t for 1.4 Moz Au in the Indicated Mineral Resource category and 30.7 Mt at 6.0 g/t for 5.9 Moz Au in the Inferred Mineral Resource category.