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Dear Shareholders and Friends, In a recent interview with Streetwise Reports, Dale Mah, equity research analyst with Mackie Research, comments about Amarillo Gold Corp. From the Yukon to Colombia, with stops in Nevada and Mexico, Dale covers the map looking for exciting exploration plays. Mah, a trained geologist with 14 years of experience, shares his calculations and insights into how early-stage exploration plays can be safe and satisfying in this exclusive Gold Report interview. Dale Mah is an Equity Research Analyst based in Mackie Research Capital's Vancouver office. Dale joined Mackie Research Capital in June 2010 after working in mining and mineral exploration industries for over 14 years and has experience in base metals, diamonds and gold in all stages of mineral exploration and mining, including grassroots exploration, advanced projects, production geology, mineral processing and resource estimation. He focuses on junior and developing exploration companies in the mining sector operating worldwide. We thought you'd be interested in reading Dale Mah 's comments on Amarillo Gold Corp. Scroll Down to see these comments. Regards, Buddy Doyle President & Chief Executive Officer Dale Mah's Comments:"The other [Brazilian company I cover] is Amarillo Gold Corp. It recently announced a resource update where it converted almost all of its inferred resource to the measured and indicated category. It now stands at 1.33 Moz., an increase of 11% overall, with 1.17 Moz. M+I, which is 88% of the total. Amarillo Gold also improved the overall grade, from 1.51 g/t to 1.72 g/t. The Mara Rosa Project is in the prefeasibility stage, has good infrastructure and could be built for just over US$110M. In my model, this would be paid back in year 1 of a 12-year mine life. The company has good exploration potential along trend and at the Lavras do Sul Project in southern Brazil." View Article"Amarillo Gold does not make any representations, warranties or guarantees, express or implied, regarding the compliance with securities legislation, accuracy, completeness, timeliness, non-infringement, or merchantability or fitness for a particular purpose or use of the information contained in the attached research report. Such information is not intended in any way to qualify, modify or supplement any information disclosed by Amarillo Gold under corporate or securities legislation of any jurisdictions applicable to Amarillo Gold. Readers are encouraged to review the public disclosure record of Amarillo Gold. Furthermore, the information in no way should be construed or interpreted as, or as a part of, an offering or solicitation to purchase any securities of Amarillo Gold. No obligation, responsibility or liability shall be incurred by Amarillo Gold or any of its officers, directors, employees or agents for any loss or damage whatsoever, whether incidental, special, indirect, consequential, punitive, exemplary, or for lost profits in connection with, caused by or arising from any delays, inaccuracies, errors or omissions in or infringement by, or from any use of, or reliance on the information contained in the research report. Amarillo Gold is providing the report to readers only as a convenience and this should not be construed as implying an endorsement, or verification of the information contained therein." | | |
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