OK OK2 Minerals Ltd

Luiri Gold Limited (TSX VENTURE:LGL) is pleased to announce that it has
finalized its resource updates resulting from the 9,244m diamond drilling
programme recently completed at the Luiri Hills Project (Dunrobin and Matala
deposits) in Zambia. The new mineral resource estimates show a significant
increase in gold ounces with the total inferred mineral resource increasing from
378,000 ounces to 656,000 ounces (+74%) and the total indicated mineral resource
increasing from 117,000 ounces to 144,000 ounces (+23%). These mineral resource
ounces are contained in 7.1 million tonnes at 2.9 Au g/t for the inferred
category and 2.2 million tonnes at 2.1 Au g/t for the indicated category.


"The results of the new resource estimates have again confirmed that the Luiri
Hill Project has the potential to be a substantial gold project," commented Mike
Sperinck, President and CEO of Luiri Gold. "Furthermore, the current resources
at the project are from only the first two targets that we have drilled. We have
just completed another plus 9,000m exploratory RC drilling programme on six
other targets close to the Matala and Dunrobin deposits and are currently
waiting on the assay results."


Once Luiri Gold has received the results of the latest RC drilling programme
(expected later in April and May) and a metallurgical study on the Dunrobin and
Matala deposits currently being finalized by Coffey Mining, the Company intends
to assess the requirements of a new drilling programme and additional scoping
level studies for input into a preliminary economic assessment.


Note: The Matala and Dunrobin deposits are both the subject of previous
Technical Reports filed according to the National Instrument 43-101 under the
Company profile at SEDAR and are available for review at www.sedar.com . The
Company will lodge an updated Technical Report according to the requirements of
the National Instrument 43-101 by the end of May 2008.


Resources Update

An updated resource estimate has been prepared for both the Dunrobin and Matala
deposits. Coffey Mining (previously known as RSG Global) as the exploration
manager was responsible for all on site supervision, data compilation, quality
assurance and quality control during the drilling programme.


Matala deposit

The Matala resource model incorporates the Matala deposit within a tabular,
south-dipping zone extending over 1,000 metre of strike. The average dip of the
mineralization zone is estimated to be 65 degrees to the south although locally
the dip ranges between 45 degrees to 85 degrees. The width of the main
mineralization zone ranges from less than 1 metre to over 20 metres. In addition
to the main zone the deposit contains a number of smaller footwall and hanging
wall zones of mineralization. Previously, the resource had been estimated on
only the main mineralization zone, however, with the additional drilling one of
the immediate hanging wall mineralized zones has now also been modeled and
included in the Matala resource estimate.


Two different methods of estimation were used for the calculation of the Matala
mineral resource depending on the potential of the mineralization to sustain
open pit or underground mining operations respectively. The main criteria for
the choice of estimation used were orebody width and the depth below surface.


The first approach, which was applied to the shallower (less than 250m below
surface ("BS")) and wider portion of the orebody and which made up the majority
of the resource, was a standard three dimensional method. In this case, a
cut-off grade of 0.5 Au g/t was used to define the limits of the mineralized
intersection widths within each drill hole that were then used to model the
mineralization domains. Appropriate adjustments (cuts) were made to high grade
(Au g/t) outliers to reduce their impact on the grade estimation. A three
dimensional Ordinary Kriging ("OK") algorithm was used to estimate the gold
grade (Au g/t) within a block model of 20mEast x 5mNorth x 20mRL. OK is
considered a robust estimation methodology for gold deposits such as at the
Matala deposit and taking into account the current drill hole spacing.
Furthermore, due to the relatively wide spacing of the current data, no change
of support has been made.


The second approach, using an 'accumulation' methodology was selected for the
estimations of the resource in the thinner and deeper (greater than 250m BS)
parts of the orebody where a significantly higher grade (3.0 Au g/t) cut-off was
applied. This required that a single composite over the total selected
mineralization width be calculated for each intersection. As was the case in the
estimations carried out in the shallower portions of the orebody, appropriate
adjustments were made to adjust (cut) high value outliers to reduce their impact
on the grade estimation. Thereafter, a two dimensional model grid based on an
east-west longitudinal section along the 10,000 north local grid line was
created. The model was based on a 20mEast x 20mElevation grid and OK was used to
estimate both the width (metres) and accumulation (metres multiplied by Au g/t).
This method is considered a robust methodology for resource estimates for
thinner gold deposits of this mineralization style at the current level of
confidence. The estimate of gold grade (g/t) for the resource in this portion of
the orebody is equal to the accumulation divided by the width. This approach is
documented in the Technical Reports previously filed on Sedar.


The resulting report for the estimate, which is all classified in the inferred
mineral resources category, is summarized in Table 1.




Table 1: Matala April 2008 Mineral Resource Estimate
---------------------------------------------------------------------------
                                          Inferred Mineral Resource
---------------------------------------------------------------------------
                                  Cutoff   Tonnes  Gold   Ounces  Width (1)
                                    (g/t)    (000) (g/t)    (000)    (m)
---------------------------------------------------------------------------
Main Domain
---------------------------------------------------------------------------
Wide above 250m BS                   1.0    4,084   3.0      394
---------------------------------------------------------------------------
Thin above 250m BS                   5.0      265   7.1       61    1.0
---------------------------------------------------------------------------
Thin below 250m BS                   5.0      226   9.6       70    1.2
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Hanging Wall Domain
---------------------------------------------------------------------------
Wide                                 1.0      980   2.3       72
---------------------------------------------------------------------------

---------------------------------------------------------------------------
TOTAL                                       5,555   3.3      597
---------------------------------------------------------------------------
Note: 1. Width is only reported for the two dimensional approach.



The gold content of the total resources at Matala has increased by over 70% from
the previous estimate. Of this increase, approximately 80% is as a result of
extensions to the main mineralization and the inclusion of the hanging wall
mineralization based on the new drilling, whilst 20% is the result in the
reduction of the cut-off to 1g/t for the shallower area which may be amenable to
open pit mining.


Dunrobin deposit

The Dunrobin mineral resource estimate includes the Dunrobin deposit which is a
shallow thick tabular plunging orebody dipping at approximately 30 degrees to
the south-west on the contact between the Matala Dome (schists and quartzites)
and the surrounding Lusaka Formation (carbonates).


The resource was estimated with respect to two mineralization domains - the Main
domain and a smaller Hanging Wall domain. The domains were defined or modeled by
applying a 0.3 g/t gold cut-off. Appropriate adjustments (cuts) were made to
high grade outliers to reduce their impact on the grade estimation. Multiple
Indicator Kriging ("MIK") was used in the grade estimation. MIK is considered a
robust estimation methodology for gold deposits such as at the Dunrobin deposit
when adequate consideration is given to restricting the influence of high-grade
data. The MIK grade estimate, with change of support reflecting a selective
mining unit ("SMU") adjustment, has been applied to produce estimates targeting
an SMU of 10mEast x 5mNorth x 5mRL. This approach is also documented in the
Technical Reports previously filed on Sedar.


The resulting grade tonnage report for the estimate and resulting classification
is summarized in Table 2.




Table 2: Dunrobin April 2008 Mineral Resource Estimate
---------------------------------------------------------------------------
                                     Indicated              Inferred 
                     Cut-off     Mineral Resource       Mineral Resource
---------------------------------------------------------------------------
                        Gold  Tonnage  Gold  Ounces  Tonnage  Gold  Ounces
                        (g/t)    (000) (g/t)   (000)    (000) (g/t)   (000)
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Combined                 0.5    2,235   2.0     144    1,511   1.2      59
---------------------------------------------------------------------------



The indicated resource at Dunrobin has increased by 23% and the inferred
resource by more than 100% over the previous estimate.


Note: Certain small inconsistencies may occur in the tables due to rounding issues.

About Luiri Gold

Luiri Gold is a gold focused company with a strategy of creating shareholder
value through expanding into a geographically diversified gold resource company
with assets potentially ranging from producing mines and near term production to
exploration properties in Africa. Luiri Gold's wholly-owned Zambian subsidiary,
Luiri Gold Mines Limited, holds mineral tenements within southern-central Zambia
covering approximately 2,400km2 of highly prospective exploration ground focused
on the Dunrobin and Matala gold deposits. The Luiri Hill Project is situated
approximately 120km west-northwest of the Zambian capital of Lusaka in Zambia's
Central Province. Access to the Project area is by a newly-upgraded paved road
from Lusaka.


The Luiri Gold exploration programs and resource calculations are carried out
under the supervision of Mr. Michael Sperinck, Member of AUSMIM. Mr. Sperinck is
a qualified person (as defined by National Instrument 43-101) with more than 25
years of experience in the mining industry.


ON BEHALF OF THE BOARD OF DIRECTORS OF LUIRI GOLD LIMITED

Michael Sperinck, President and CEO

Ted Grobicki, Chairman

This press release contains forward-looking information which involves risks and
uncertainties. Forward looking information represents management's current views
and these may change significantly as new information comes to hand.

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