Amador Gold Corp.

Published : January 07th, 2010

Commences Drilling on Loveland Gold/Copper/Nickel Project

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Keywords :   Canada | Copper | Diamond | Gold | Nickel |
=======================================================================
Re:   News Release - Thursday, January 07, 2010
      AMADOR GOLD CORP. COMMENCES DRILLING ON LOVELAND
      GOLD/COPPER/NICKEL PROJECT WEST OF TIMMINS
=======================================================================

.. PREVIOUS DRILLING IDENTIFIED GOLD AND COPPER/NICKEL ZONES WITH
  HIGHLIGHTS INCLUDING 6.37 G/T GOLD OVER 8.55 METERS AND 0.70%
  NICKEL/0.75% COPPER OVER 45 METERS

.. ALL KNOWN MINERALIZED ZONES ON THE PROPERTY HAVE COINCIDING VTEM
  CONDUCTORS

.. 30 OF 33 CONDUCTORS IDENTIFIED IN 7 KM AREA HAVE NOT  BEEN DRILL
  TESTED

.. PROPERTY CONTAINS TWO HISTORIC, NON 43-101 NICKEL/COPPER RESOURCE
  ESTIMATES
 
VANCOUVER, BC - Amador Gold Corp. (TSX-V: AGX) (the "Company") is
pleased to announce it has commenced Diamond drilling on its wholly
owned Loveland Property, located approximately 35 kilometers northwest
of Timmins, Ontario.  The initial program consists of approximately
1500 meters of Diamond drilling on a number of VTEM targets with
similar characteristics to those associated with the historic Hollinger
and Cominco Zones. 

The Cominco Zone contains a non-compliant NI 43-101 resource of 130,000
tons grading 0.68% Ni and 0.73% Cu and is located approximately 1.5 km
northwest of the Hollinger Zone which contains a non-compliant 43-101
resource of 422,000 tons grading 0.71% Ni and 0.42% Cu.

To view a map of the Loveland Property showing VTEM anomalies and
target locations please click on the following link:

http://www.brmstatpack.com/track/1001/1005

On May 21, 2009 the Company announced results on drilling of VTEM
conductor clusters similar to those found above the Cominco Zone and
Hollinger Zones.  Conductor B had an intercept of 1.02% combined Ni/Cu
over 5.4 meters and Conductor C returned anomalous nickel and copper
values. Both clusters remain open downdip and on strike.

A qualified person has not done sufficient work to classify the Cominco
and Hollinger historical estimates as current mineral resources. The
Company is not treating the historical estimates as current mineral
resources and the historical estimates should not be relied upon.

Peter Caldbick, P.Geo. is the qualified person for the purposes of
National Instrument 43-101 for the Company's Loveland Project. The
technical contents of this news release has been reviewed and approved
by Peter Caldbick.

About Amador Gold
Amador has assembled a portfolio of more than 20 properties of
exceptional merit in established mining camps and emerging mineral
districts of Canada.  These projects include the Loveland
gold-copper-nickel project program and the Horwood gold project.

Contact Information

Corporate Inquiries:  
Kevin Hull or Alan Campbell, Investor Relations
Phone:  (604) 685-2222
Email: info@amadorgold.com
Website: www.amadorgoldcorp.com

The statements made in this Press Release may contain forward-looking
statements that may involve a number of risks and uncertainties.
Actual events or results could differ materially from the Company's
expectations and projections.

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.

=======================================================================
Copyright (c) 2010 AMADOR GOLD CORP. (AGX)  All rights reserved.  For
more information visit our website at http://www.amadorgoldcorp.com/ or
send mailto:info@amadorgoldcorp.com
=======================================================================
.
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Amador Gold Corp.

EXPLORATION STAGE
CODE : AGX.V
ISIN : CA02264P2008
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Amador Gold is a gold exploration company based in Canada.

Amador Gold holds various exploration projects in Canada.

Its main exploration properties are MASKOOCH, HORWOOD, LOVELAND and SILVERCLAIM in Canada.

Amador Gold is listed in Canada. Its market capitalisation is CA$ 9.6 millions as of today (US$ 7.7 millions, € 6.7 millions).

Its stock quote reached its highest recent level on February 06, 2004 at CA$ 9.69, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Amador Gold has 39 900 000 shares outstanding.

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8/6/2009(Horwood)Samples 75.0 g/T Gold on New Zone at Horwood Property
6/26/2009(Horwood)Horwood Project Update
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5/21/2009(Loveland)announce a new Ni-Cu discovery on its wholly owned Loveland ...
5/20/2009(Horwood)SAMPLES 17.3, 19.68 AND 22.72 G/T GOLD ON HORWOOD PROPERTY
5/15/2009(Loveland)Completes Spring 2009 Loveland Drilling
9/24/2008(Loveland)Makes New Gold Discovery on its Loveland Nickel Copper Proje...
9/4/2008(Loveland)Intersects 1.41% Combined Copper Nickel Over 22.80 Meters on...
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3/11/2013Tionaga Property Acquired
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2/27/2009Drills Gold And Nickel-Copper Targets At Loveland Project
4/23/2008Retains AGORACOM to Provide Investor Relations, Social Netwo...
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