La Mancha’s presence in Africa A responsible approach to mining

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DisclaimerCertain information contained or incorporated by reference herein, including any operating performance of La Mancha Resources Inc. (“La Mancha”), constitutes "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words “projected”, “attributable”, “potential”, “will” and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by La Mancha are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: fluctuations in the currency markets; fluctuations in the spot and forward price of gold or certain other commodities; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada or other countries in which La Mancha does or may carry on business in the future; business opportunities that may be presented to, or pursued by, La Mancha the ability to successfully integrate acquisitions; operating or technical difficulties in connection with, mining or development activities; the speculative nature of gold exploration and development, including the risks of obtaining necessary licenses and permits; diminishing quantities or grades of reserves; adverse changes in the credit rating; and contests over title to properties. In addition, there are risks and hazards associated with the business of gold exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks). Many of these uncertainties and contingencies can affect the actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, La Mancha. You are cautioned that forward-looking statements are not guarantees of future performance.This presentation uses the terms “inferred resources” and “measured & indicated resources”. La Mancha advises you that these terms are recognized by Canadian securities regulations (under National Instrument 43-101 “Standards of Disclosure for Mineral Projects”). You are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves. In addition, “inferred resources” have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, or economic studies except for a preliminary assessment as defined under NI 43-101. You are cautioned no to assume that part or all of an inferred resource exists, or is economically or legally mineable.The information contained herein is confidential and does not constitute a recommendation by La Mancha its agents or any vendor party nor does it form the basis of any contract or offer for the sale of the business of gold exploration, development and mining. The recipient of the information contained herein agrees that the information is to be considered confidential and proprietary to La Mancha and shall hold the same in confidence, shall not use it other than for the purposes of its business with La Mancha and shall disclose it only to its officers, directors, or employees with a specific need to know. The recipient will not disclose, publish or otherwise reveal any of the confidential information contained herein to any other party whatsoever except with the specific prior written authorization of La Mancha.The information contained herein may not be published, distributed or transmitted without La Mancha’s formal approval and does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities.

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Introduction to La Mancha

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La Mancha’s Transition

2006Transformation

2007Asset Development &

Structure Building

2008Growth

gold assets

Public Offering

TSXV TSX

3 exploration properties 30 exploration properties

no producing gold mines 2 producing gold mines

Change in management

53,900 ounces of gold produced

Accelerated Development of two Australian Gold Project

Implementation of exploration platform

Start of a new quartz line

87,000 ounces in gold production anticipated

Aggressive exploration strategy

Resource Expansion

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Overview of La Mancha

3 gold mines in operation1 advanced projects30 exploration projects

Headquartered in MontrealListed on the TSXMarket Capitalization of $74 million*

* as of May 20th, 2008

Shareholder Profile

CapitalizationShare Price* C$0.50

Basic Shares Outstanding** 142.0 mil

Market Capitalization C$71.0

Net Cash / (Debt)** C$4.3

Investments** C$14.6

Enterprise Value C$52.1

6

63%

37%

Areva

MarketFloat

* As of June 9th, 2008** As of March 31, 2008

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La Mancha’s 2007 Scorecard

2007 Goal Comment

Produce 51,550 oz of gold*

*Revised estimate

53,900 oz of gold produced in 2007

Complete Frog’s Leg Feasibility Feasibility Study completed in December

Set up a global exploration platform Set up team of 16 exploration geologists with cumulative 50 years of experience

Start Hassaï Quartz milling line Increasing milling output throughout Q4 2007

Hassaï and Ity Cost Reduction First phase of optimization program completed

Initiate Mine Development 1,650 metres of decline completed

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Targets for 2008

2008 Goal Comment

Produce 87 000 oz of gold Higher production volumes from Ity and Hassaï and start of Frog’s Leg Production

Unlock exploration potential Attributable exploration budget of C$10.6M

Reduce costs Second optimization phase at Hassaïand Ity

Start Frog’s Leg underground operations

Current development on time and on budget

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2008 Performance Drivers

Ivory Coast

19 140 24 600

Sudan

34 760 40 000

Has

sai

min

eIty

min

e

Australia

No Production 22 400

Frog

’s

Leg

Full impact of the new quartz line

Implementation of phase 1 of optimization program

End of Flotouo-Zia pit’s mining life Start of mining at the new higher grade Mount Ity pit Introduction of a 3rd milling shift

Started ore production in MarchStarted gold production in May (almost 2 months ahead

of schedule)

Average cash cost of the project: US$399/ounce

2007 2008EAttributable Gold Production 2008 Outlook

53 900 87 000

US$481/oz US$496/oz

US$355/oz

US$667/oz

US$491/oz

US$500/ozUS$485/oz

Resource and Production Distribution

38%

62%

Australia Africa

Attributable Resources* (excluding inferred)

* Numbers provided on following slide, incorporating Frog’s Leg resource update which occurred on April 1st, 2008.

Attributable Production from S2 2008 and onward

59%

41%

AfricaAustralia

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Reserves & Resource Update

Goal of achieving 4 million ounces of resources within 4 years

* Frog’s Leg M & I resources were reviewed to 505 000 ounces on April 1st, 2008.

Volcanogenic massive sulfidesN/AN/AMeasured and Indicated ResourcesHassaï – VMS

commentGrade (g/t)Ounces

December 2008EDecember 2007Attributable to La ManchaResources inclusive of reserves

5,15688 860Proven and Probable ReservesTotal

Measured and Indicated Resources

Measured and Indicated Resources

Proven and Probable Reserves

Measured and Indicated Resources

Proven and Probable Reserves

Measured and Indicated Resources

Proven and Probable Reserves

Measured and Indicated Resources

Proven and Probable Reserves

Extensions toward north and at depth 7,00 368 730 *

New mining plan5,29317 019 Frog’s Leg

White Foil

Ity

Hassaï – gold

3,841 323 584

Reassessment of resources2,20 399 960

-

240 099

182 679

314 794

189 162

-

5,25

5,21

4,86

4,89

Pending on feasibility

Reassessment with 1g/t cutoff (CIP study)

Walter, extension of Ity pit

Tailings

Reassessment of Hadal Awatib SBR

First Quarter Highlights(unaudited)

(All amounts are in CDN dollars unless otherwise noted) 2008 2007

RESULTS (consolidated, in thousands of $)Revenues 13,421 13,648Cash flow from operating activities 1,007 44Net earnings (loss) (2,378) (1,435)

SEGMENTED INFORMATIONHassai mineRevenues 8,545 6,569Cash flow from operating activities 3,168 1,323Net earnings/(loss) 2,846 1,269Ity mineRevenues 4,493 6,602Cash flow from operating activities 1,113 829Net earnings/(loss) 894 112

ATTRIBUTABLE GOLD PRODUCTIONNumber of ounces produced 16,260 (1) 14,060Mine operating costs (US$ per ounce) 534 434

March 31, March 31,2008 2007

FINANCIAL POSITION (in thousands of $)Cash and short-term investments 11,248 43,838Total assets 141,375 160,439Shareholders' equity 111,657 119,084Total number of shares outstanding (in thousands) 142,008 141,918(1) including 1,910 ounces of pre-production following the de-watering of the White Foil mine

First Quarter ended March 31,

(1) Including 1,910 ounces of pre-production following the de-watering of the White Foil mine

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Our presence in Africa

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SUDANA FR IC A

Hassai Mine – Northeast Sudan Quick facts:

Inauguration: 1992Ownership: 40%(operated by La Mancha)Mine type: open pitProduction to date: 2,000,000 ozExpected mine life: minimum of 2 yearsOre processing: Heap Leach

What to expect in 2008:Full impact of new quartz lineImplementation of Phase 2 of optimization programTailing qualification into the resourcesExploration of promising SBR targetsStart-up of a VMS exploration programCIP/CIL scoping study underway

Management expects significant improvement in the resource estimate by the end of Q3

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12 month VMS drilling program to start February 2008 at a cost of

$2.9 million $1.2 millionattributable to La Mancha)

7000-meter diamond drilling program conducted from bottom of the existing SBR pits

Intended to better understanding base metal distribution

Program aimed at confirming the presence of a minimum of 5 to 10 million tonnes of enriched ores, with grades in the order of 2% Cu, 3% Zn and 1 g/t Au would trigger the completion of a scoping study

Initial drill results are expected to be released during Q3 2008

First Synthesis, Including Preliminary Economic Assessment, Can Be Expected During Q3 2008

Exploration in Northeast Sudan VMS Potential Assessment (cont.)

Hadal Awatib East(East part)

Hadal Awatib East(west part) Hadal Awatib East

(partie est)Hadal Awatib Est

(partie ouest)

VMS

Complexe sédimentaire de faciès de roches vertes

Laves andésitiques et dacitiques et roches

pyroclastiques

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CÔTE D'IVOIRE

A FR ICA

Ity Mine – Côte d’Ivoire Quick facts:

Inauguration: 1991

Ownership: 45.9%(operated by La Mancha*)

Mine type: open pit

Production to date: 600,000 oz

Expected mine life: 10 years

Ore processing: Heap Leach

What to expect in 2008:Start of higher grade mining at thenew Mount Ity pit

Introduction of a 3rd milling shift

Zia extension and Tontouo drilling results should be reported by the end of May

Further drilling on Zia extension and Walter Anomaly during Q2 2008

CIP/CIL scoping study Q4 2008

Resource update in Q3 2008*In accordance with management agreement adopted by the co-owners

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0 250 500

metres

HeapLeaching

PadZia

Extension

ItyExtension

TontouoProject

WalteryAnom al

Cav

ally

Riv

er

Offices

FlotouoOpen Pit

Mount ItyOpen Pit

ZiaOpen Pit

Ity General Plan andWalter Anomaly

Ity Mine – Côte d’Ivoire Best Mount Ity Intersections Include (February 22, 2008) : 2.65 m at 29.62 g/t Au from 1.05 m

10.65 m at 6.93 g/t Au from 72.25 m

5.05 m at 14.84 g/t Au from 20.60 m

2.36 m at 14.78 g/t Au from 66.10 m

Best Walter Intersections Include (April 08, 2008) :

5.00 m at 18.55 g/t Au from 16.75 m

4.00 m at 26.28 g/t Au from 36.10 m

5.00 m at 30.00 g/t Au from 18.65 m

3.65 m at 11.18 g/t Au from 26.25 m

Best Zia Extension Intersections Include (June 2, 2008) : 31.00 m at 2.82 g/t Au from 9.00 m

19.45 m at 3.57 g/t Au from 0.00 m

4.00 m at 16.29 g/t Au from 26.75 m

7.45 m at 6.89 g/t Au from 55.45 m

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A responsible approach to mining

A responsible approach to mining

In August 2008, SDTF, a Washington based NGO responsible for reporting to American authorities on companies with commercial operations in Sudan targeted La Mancha due to its participation in the Hassaï mine

The following Companies were also targeted:

In October 2007, after further investigation, SDTF acknowledged La Mancha’s positive influence for the country and supported La Mancha’s presence in Sudan

La Mancha was one of the few companies to be given support from SDTF

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Country: FranceIndustry Sector: Power/Energy

Country: SwitzerlandIndustry Sector: Power/Energy

Country: FranceIndustry Sector: Oil

Country: SwedenIndustry Sector: Oil

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A responsible approach to mining

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Most of these workers were initially unskilled before receiving the appropriate mining-related training at the mine

Over time, some have attained managerial positions

Their salaries now represent a significant proportion of the region’s economic activity

Hassaï workers’ salary is on average twice as high as the average Sudanese salary and more than four times the minimum wage

Factors which contributed to La Mancha’s support: La Mancha believes that the Hassaï mine operations contribute to improve the living

conditions of about 10,000 Beja tribe members

La Mancha supports the highest standards in respect to the safety of its workers

La Mancha ensures that statutory environmental requirements are complied with in all the countries in which we operate

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A responsible approach to miningOur contribution to the local community

The Regional Development FundCreated by AMC in 1998Supports community projects benefiting to the community living surround the mine

Accomplishments to date:7 schools1 medical clinicWater and Power supplyTransportation and Communication services

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Conclusion

Objective and Strategies of the Company

Objective:

To become a Mid-Tier Producer while being socially responsible

Strategies:

Proactively engaging in socially responsible programs aimed at helping local communities while maintaining high worker and environmental standards

Accelerate our exploration programs in Australia and in Africa

To leverage the expertise and the business opportunities brought by AREVA

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2001 University St., Suite 400, MontrealQuebec, Canada H3A 2A6

T: 514-987-5115 • F: 514-987-5119 Toll Free in North America: 1-877-987-5115

info@lamancha.ca

www.lamancha.ca

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