45 Metres (138 Feet) of 0.75% Cu and 0.7% Ni on Byers-Loveland
SOURCE:
Amador Gold Corp.
2008-03-31 00:00:00
45 Metres (138 Feet) of 0.75% Cu and 0.7% Ni on Byers-Loveland
VANCOUVER, BC–( EMWNews – March 31, 2008) – Amador Gold Corp. (“Amador”) (TSX-V: AGX) is
pleased to announce that it is commencing an aggressive development program
on the new copper/nickel discovery just 35 kilometers northwest of Timmins,
Ontario. Encouraged by the drilling results on the Byers-Loveland
Property, announced March 13, 2008, management will actively drill this
property throughout 2008. The purpose of the Spring program will be to
expand the discovery intercept of 45.0 metres of 0.75% copper and 0.70 %
nickel. It is important to note that this new discovery is 50 meters
beneath a previous discovery made by Cominco in the 1970’s. Cominco drilled
a series of tightly spaced holes and outlined a resource of 130,000 tons
grading 0.68% Cu and 0.73% Ni. The estimate is pre 43-101 and
non-compliant. Amador’s new discovery has demonstrated that mineralization
continues below the Cominco mineralization, is open at depth and in two
directions. Grades and widths significantly improve at depth.
About Amador
Amador Gold is well positioned to discover and capitalize on world class
gold, silver, platinum, palladium, copper/nickel and diamond deposits.
During the last couple of years the Company has strategically accumulated
large land packages in existing mining or mineral districts such as the
Abitibi in Ontario. The Company’s assets are entirely within Canada with a
strong focus in Ontario. These properties have existing infrastructure and
are often within road access to metallurgical facilities to process mined
ores.
This document contains certain forward-looking statements which involve
known and unknown risks, delays and uncertainties not under the
corporation’s control which may cause actual results, performance or
achievements of the corporation to be materially different from the
results, performance or expectation implied by these forward-looking
statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this news release.
AMADOR GOLD CORP. www.amadorgoldcorp.com
For Further Information Contact: Alan Campbell Hughes Exploration Group Phone: (604) 685-2222 or visit Amador’s web-site: www.amadorgoldcorp.com to see Smartstox interviews with Company Chairman and President. |
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