=======================================================================
Re: News Releases - Wednesday, September 24, 2008
Amador Gold Makes New Gold Discovery on its Loveland Nickel
Copper Project
=======================================================================
Amador Gold Corp. (TSX-V:AGX) is pleased to announce a significant new
gold discovery on its Loveland Nickel Copper project located
approximately 35 kilometers northeast of Timmins Ontario. This
discovery was made in the course of drilling to further delineate and
expand the Cominco Zone of nickel-copper mineralization.
Drillhole LL08-13, collared to intersect the downdip extension of the
Cominco Zone, intersected 6.37 g/t Au over a drilled width of 8.55
meters from 383.25 to 391.80 meters. Additional intercepts include 6.17
g/t Au over 3.0 meters from 403.0 to 406.0 meters and 10.39 g/t Au over
3.1 meters from 410.30 to 413.40 meters drilled width. This gold
mineralization occurs within a sheared and silicified granodiorite as a
stockwork of low angle quartz stringers associated with approximately 5
to 8% disseminated pyrite and arsenopyrite. Although early observations
suggest that there may be a structural control associated with the
mineralization, an interpretation of this new gold zone is preliminary
and more drilling will be required to determine the true width, dip,
strike and plunge extents. Company geologists are presently
reevaluating completed drill holes intersecting the granodiorite which
may result in deepening the holes to intersect the gold zone.
Drill hole LL08-13 also intersected anomalous copper-nickel
mineralization within gabbros in the upper portion of the hole. The
hole was stopped at 425 meters and may be extended in the next phase of
drilling to test for additional gold zones at depth.
Amador plans to explore the new gold zone and continue to expand the
Cominco nickel copper zone to depth and along strike. The Cominco Zone
is hosted in gabbroic rocks and historically grades approximately 1.40%
combined copper-nickel as confirmed by previously released drill
results (March 13, 2008). The mineralization resembles Xstrata's
Montcalm deposit 35 kilometers to the west. The zone appears to extend
to surface, has now been traced along strike for approximately 175
meters, and has been intersected approximately 400 meters vertically
below surface (assays pending).
A rigorous quality assurance program is employed which includes the
insertion of standards and blanks for each batch of samples. Samples
of the NQ size drill core are sawed in half, with one-half sent to a
commercial laboratory, Expert Laboratory of Rouyn-Noranda, Quebec, and
the other half retained for future reference. Core samples are
routinely analyzed for gold, nickel, copper and cobalt by aqua regia
digestion with atomic absorption techniques. Any analyses greater than
5,000 ppm are re-analyzed using total acid digestion and atomic
absorption techniques.
Charles Hartley, P.Geo and Peter Caldbick, P.Geo. are the qualified
persons for the purposes of National Instrument 43-�101 for the
Company's Loveland Project. Project supervision is by Charles Hartley
and the contents of the press release have been reviewed and approved
by Peter Caldbick.
About Amador
Amador Gold is well positioned to discover and capitalize on world
class gold, silver, platinum,
palladium and
Diamond deposits. The
Company strategically accumulates large land packages with excellent
mineral potential for exploration 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. These properties
have existing infrastructure and are often within road access to
metallurgical facilities to process mined ores.
For further information contact: Alan Campbell or Kevin Hull,
Hughes Exploration Group
Phone: (604) 685-2222
Or visit Amador's web-site: www.amadorgoldcorp.com to see Smartstox
interviews with our Company President.
=======================================================================
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 Wed Sep 24, 2008 at 11:35:33 AM Pacific Time
=======================================================================
.