Amador Gold Corp.

Published : May 13th, 2008

Drilling Continues on Amador Properties

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
Keywords :   Canada | Cobalt |
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

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 or
Message sent on Tue May 13, 2008 at 7:41:33 AM Pacific Time
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Amador Gold Corp.

ISIN : CA02264P2008
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
In the News and Medias of Amador Gold Corp.
5/16/2009Amador Gold Corp announces update on exploration at Jessop G...
Annual reports of Amador Gold Corp.
2007 Annual report
Financings of Amador Gold Corp.
2/22/2013Private Placement
6/14/2011Warrant Amendment & Extension
Project news of Amador Gold Corp.
5/4/2011to follow up on SILVER CLAIM drill intercept of 221 g/t Silv...
4/1/2011(Silverclaim)Silverclaim Exploration Highlights
1/7/2010(Loveland)Commences Drilling on Loveland Gold/Copper/Nickel Project
11/23/2009(Maskooch)Commences Drilling On The Maskooch Lake Property
11/4/2009(Horwood)Commences Drilling on Horwood Gold Property in West Timmins ...
10/22/2009(Horwood)Samples 183.5 g/t Gold at Horwood Property
9/10/2009(Horwood)SAMPLES 28.87 G/T GOLD AND 26.4 G/T GOLD 950 METERS AWAY FRO...
9/25/2009(Horwood)Announces Proposed Drilling Plans On Three Timmins Gold Proj...
9/8/2009(Horwood)Samples 60.68 g/t Gold, 23.93 g/t Silver and 0.47% Copper on...
8/13/2009(Horwood)Commence Trenching and Stripping Program on Multiple Vein Se...
8/6/2009(Horwood)Samples 75.0 g/T Gold on New Zone at Horwood Property
6/26/2009(Horwood)Horwood Project Update
5/26/2009Intersects Widespread Gold Mineralization on Loveland Projec...
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...
5/13/2008(Ajax Property)Drilling Continues on Amador Properties
Corporate news of Amador Gold Corp.
3/11/2013Tionaga Property Acquired
7/15/2009Provides Summary on Ontario Projects
5/15/2009Exploration Update: Jessop Gold Property
3/2/2009Revamps Property Portfolio
2/27/2009Drills Gold And Nickel-Copper Targets At Loveland Project
4/23/2008Retains AGORACOM to Provide Investor Relations, Social Netwo...
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 0.240
05/20 16:51 0.030
Prev close Open
0.215 0.210
Low High
0.210 0.240
Year l/h YTD var.
0.210 -  0.350 -31.43%
52 week l/h 52 week var.
0.210 -  0.690 2,300.00%
Volume 1 month var.
112,250 -11.11%
24hGold TrendPower© : -2
Explores for Copper - Gold - Silver - Zinc
Interactive chart Add to compare
Print Compare Export
Last updated on : 10/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 8.15-0.97%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 3.37+3.37%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.84+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 0.50-3.27%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 0.70-4.39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.02+0.00%Trend Power :
Closes Bridge Loan Financing
CA$ 3.20-5.88%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 10.65-1.30%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.30+0.00%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.28-1.79%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.30+6.48%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 73.75+3.57%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.04+14.29%Trend Power :