ARA Anconia Resources Corp

Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia" or the "Company") is
pleased to provide additional sampling results, which confirm previously
reported (September 27, 2011) high grade (samples of +20g/t Au) gold assay
results obtained at its RB Property located in Nunavut Territory, Canada
approximately 125 kilometres southwest of the town of Rankin Inlet.


During a property visit Company geologists took two additional samples (RB 144
and RB 100) to verify the two highest previously reported gold results, namely
Sample # 19619, which assayed 144.0 g/t Au, and Sample # 19626, which assayed
101.0 g/t Au.


The confirmation sample RB 144 assayed 196 g/t Au, 36% greater than the original
sample (Sample # 19619). This result was achieved using a fire assay with
gravimetric finish.


The confirmation sample RB 100 assayed 66.8 g/t Au, 33.9% lower than the
original sample (Sample # 19626). This result was achieved using a fire assay
with gravimetric finish.


These results confirm the presence of high grade (samples of +20g/t Au) gold at
both sample sites, however the high variability between the original results and
the confirmation results (reported above) indicates the likely presence of
coarse gold, which would provide a "nugget effect". To confirm this, the Company
requested full gold metallics testing. For sample RB 144 the majority of the
gold reported to the fine fraction (-100 mesh), whereas for sample RB 100 the
coarse fraction (+100 mesh) assayed significantly higher than the fire assay,
indicating the presence of coarse gold. In both cases the total gold metallics
assay closely approximated the initial fire assay, which is reported above.


Jason Brewster, President and C.E.O. of Anconia commented, "These confirmation
results are important not only because they indicate the presence of high grade
gold values on the property, but also they will allow us to tailor our future
exploration activities on this property to account for the presence of coarse
gold. This will be an important consideration as we further develop the
property".


QA Discussion of Assay Methodology

The samples for the RB Property were selected in the field, bagged, and sealed
with a security seal and transferred by bonded courier to the facilities of
Activation Laboratories in Ancaster, Ontario. They were processed using
Activation Laboratories' Au Total Metallics analytical package where a
representative 500 gram split is sieved at 100 mesh with assays performed on the
entire +100 mesh and 2 splits of the -100 mesh fraction. A final assay is
calculated based on the weight of each fraction. Samples were also analysed
using 4 Acid Total Digestion.


Mr. Brian H. Newton P. Geo. of Minroc Management Limited and a "qualified
person" pursuant to National Instrument 43-101, has reviewed and approved the
technical disclosure in this press release on behalf of the Company.


SSM Property

The Company is also providing an update on exploration activities on the SSM
Property 65 kilometres northeast of the City of Sault Ste. Marie, Ontario. A
first phase prospecting program on the SSM Property has been completed, which
has yielded 27 samples of mineralized outcrops, which may be prospective for
gold. Samples have been sent to Agat Labs of Mississauga for multi element and
gold assaying, the results of which are anticipated towards the end of the
month, and will be reported when received. Exploration plans for the winter
season on the SSM Property will be determined pending the results of this
initial work program.


About Anconia

Anconia is a base and precious metals exploration and development company, which
is focused on providing shareholder value through the advancement of its
properties in the Nunavut Territory and the Province of Ontario, Canada. Anconia
is undertaking a comprehensive exploration program to determine the potential of
the projects currently in its portfolio.


Forward-Looking Information

This news release contains forward looking statements within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
forward-looking information within the meaning of applicable Canadian securities
laws including with respect to the likely presence of coarse gold and high grade
gold in the RB claims and the prospective for gold on the SSM property. Words
such as "may", "will", "should", "anticipate", "plan", "expect", "believe",
"estimate" and similar terminology are used to identify forward-looking
statements and forward-looking information. Such statements and information are
based on assumptions, estimates, opinions and analysis made by management of
Anconia in light of its experience, current conditions and its expectations of
future developments as well as other factors which it believes to be reasonable
and relevant. Forward-looking statements and information involve known and
unknown risks, uncertainties and other factors that may cause actual results to
differ materially from those expressed or implied in the forward-looking
statements and information. Risks and uncertainties that may cause actual
results to vary include but are not limited to: the speculative nature of
mineral exploration and development, including the uncertainty of mineral
reserve and resource estimates; uncertainties relating to the availability and
costs of financing needed to complete exploration activities; exploration costs
varying significantly from estimates; delays in the exploration and development
of, and/or commercial production from, the properties in which Anconia has an
interest; unexpected geological or hydrological conditions; operational and
technical difficulties; fluctuations in commodity prices; the existence of
undetected or unregistered interests or claims, whether in contract or in tort,
over the property of Anconia; success of future exploration and development
initiatives; competition; operating performance of facilities; environmental and
safety risks, including increased regulatory burdens, seismic activity, weather
and other natural phenomena; inability to, or delays in, obtaining necessary
permits and approvals from government authorities; risks relating to labour; and
other exploration, development and operating risks; changes to and compliance
with applicable laws and regulations, including environmental laws and obtaining
requisite permits; as well as other risks and uncertainties which are more fully
described in Anconia's annual and quarterly Management's Discussion and Analysis
and in other filings made by Anconia with Canadian securities regulatory
authorities and available at www.sedar.com.


Forward-looking information speaks only as of the date on which it is provided
and, except as may be required by applicable securities laws, Anconia disclaims
any intent or obligation to update any forward-looking information, whether as a
result of new information, future events or results or otherwise. Although
Anconia believes that the assumptions inherent in the forward-looking
information are reasonable, forward- looking information is not a guarantee of
future performance and accordingly undue reliance should not be put on such
information due to the inherent uncertainty therein.

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