======================================================================
Re: News Releases - Tuesday, May 13, 2008
Drilling Continues on Amador Properties
======================================================================
Amador Gold Corp (TSX-V: AGX) is encouraged by current drilling on the
Ajax and Loveland Properties and is pleased to announce that the
drilling programs have been expanded. In addition, new airborne
geophysical data indicates greater potential for gold mineralization on
the Horwood Property.
The Ajax drilling program is testing a number of targets within an
ultramafic-mafic intrusive. One area is reported to contain an
historical 4 million tons of nickel-copper sulphide mineralization that
was outlined by drilling in the 1960's. This non 43-101 compliant
historical tonnage is being drilled with widely spaced holes to first
assess the grade and possible size of the zone. Mineralization being
intersected to date includes disseminated to almost net-textured
sulphides. This style of mineralization suggests that a more massive
sulphide zone may be present at depth within the intrusive. More
massive sulphide zones on the Ajax property have historically returned
higher grade nickel-copper mineralization with platinum,
palladium and
gold. Deeper drilling followed by down-hole geophysics is planned to
test for massive sulphide zones.
Drilling on the Loveland Property is targeting the strike and down dip
extensions of nickel (Ni) and copper (Cu) mineralization discovered
late last year. Three holes drilled in November 2007, spanning a
strike length of 100 meters, all intersected nickel and copper sulphide
mineralization. The third of the 3 holes (AMDG-03) intersected 3
higher grade intersections within a 45 metre wide nickel-copper zone.
The 3 intersections are 1.48% Ni and 0.9% Cu over 9.4 meters (m) from
120.6 to 130 meters, 1.15 % Ni and 1.11% Cu over 3.9m from 132.6 to
136.5m, and 0.70% Ni and 1.06% Cu over 13.6 meters from 146.4 to 160.0
meters. These 3 separate intersections occur within a 45.0 meter wide
zone that averages 0.75% Cu and 0.70% Ni from 120.6 to 165.6 meters.
More than 20 holes have been drilled at the Ajax property and over 5
holes drilled at Loveland. Assays are pending for both properties.
Assay results are delayed because of the high volume of assays being
processed by the laboratories.
Assays are also pending from recent drilling on the Horwood Property.
New results from the recent VTEM airborne geophysical survey combined
with the two large gold zones found last year suggest the favourable
structures for hosting gold mineralization have a strike length of over
6 kilometres on the property. Gold mineralization is associated with
moderate to strong quartz-carbonate alteration. This style of
mineralization is similar to the Timmins gold camp, located
approximately 60 km to the northeast. The Timmins camp has produced
more than 60 million ounces of gold. Additional trenching and drilling
are planned this season for the Horwood Property.
The Ajax, Loveland and Horwood Properties are all accessible by road
and are located in the world famous Cobalt and Timmins mining camp
districts.
Peter Caldbick, P.Geo. is the qualified person for the purposes of
National Instrument 43-�101. The contents of this press release have
been reviewed and approved by Peter Caldbick.
About Amador Gold
Amador Gold is well positioned to discover and capitalize on world
class gold, silver, platinum,
palladium, copper/nickel and diamond
deposits. During the last few 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. Amador Gold's properties
have existing infrastructure and are often within road access to
metallurgical facilities to process mined ores.
For further information contact: Richard Hughes, Alan Campbell or
Kevin Hull, Hughes Exploration Group
Phone: (604) 685-2222
======================================================================
Copyright (c) 2008 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 Tue May 13, 2008 at 7:41:33 AM Pacific Time
======================================================================
.