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Re:   News Releases - Monday, July 18, 2011
      Corporate Update
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Vancouver, B.C.---Amador  Gold Corp. "the Company" (TSXV: AGX) The
Company wishes to announce the resignation of Lynn Evoy from the board
of Directors. The Company thanks Mr. Evoy for his valuable service and
wishes him the best going forward.

Steven Chan has been appointed to the board to fill the vacancy left by
Mr. Evoy. Mr. Chan was formerly vice-president of Cambridge House
International Inc. He was instrumental in building Cambridge House into
Canada's leading investment conference company, serving the mining and
natural resource industry. At Cambridge House, he worked with many
aspects of the mining industry, including public companies, brokerage
firms, fund managers, letter writers, analysts and retail investors.
Currently, he consults with public companies in the areas of financing
and public relations. Mr. Chan has been an active director of
Expedition Mining Inc. since 2003 and is also a director of Kermode
Resources Ltd. Mr. Chan also owns and operates a private company.

The company also announces the resignation of Diana Mark as Corporate
Secretary and the appointment of John-Mark Campbell as Corporate
Secretary.

Additionally the company wishes to announce that, pending warrant
holder approval and exchange acceptance, it is repricing and extending
the terms of 755,849 warrants.  The exercise price of the warrants is
reduced from $1.70 to $0.25 and the expiry date is extended from July
14, 2011 to July 14, 2014.  Additionally an exchange mandated shotgun
clause has been added to the terms of the warrants.  This clause will
force the expiry of the warrants in 30 days if the Company's shares
trade at or above $0.32 for ten consecutive days.

A previous news release incorrectly stated the terms for the repricing
and extension of warrants, the correct terms are as follows.  175,163
warrants are to be repriced and extended; the exercise price of the
warrants is reduced from $1.70 to $0.25 and the expiry date is extended
from June 9, 2011 to June 9, 2014.  Additionally an exchange mandated
shotgun clause has been added to the terms of the warrants.  This
clause will force the expiry of the warrants in 30 days if the
Company's shares trade at or above $0.32 for ten consecutive days.


Contact Information

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



The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
The statements made in this Press Release may contain forward-looking
statements that may involve a number of risks and uncertainties.

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Copyright (c) 2011 AMADOR GOLD CORP. (AGX)  All rights reserved.  For
more information visit our website at http://www.amadorgoldcorp.com/ or
send mailto:info@amadorgoldcorp.com
Message sent on Mon Jul 18, 2011 at 2:59:53 PM Pacific Time
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