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Amarillo Gold Corp.

Publié le 17 avril 2007

Assay Results From Marifil'S Amarillo Norte Gold Property ...

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Tuesday, April 17, 2007


Correction: Assay Results From Marifil'S Amarillo Norte Gold Property - Not Avestruces


Spokane, WA -- April 17, 2007: MARIFIL MINES LTD. (MFM: TSX-V) ("Marifil" or "the Company") notes that in its press release of April 11, 2007, the Company inadvertently reported assay results as coming from the newly acquired Avestruces property. While the results were accurate, they were, in fact, from the Amarillo Norte property (See Marifil News Release of January 31, 2007.)

The 3,000 hectare Amarillo Norte property in San Juan Province, Argentina, lies within the prolific El Indio-Veladero Gold Belt about six kilometers north of Marifil's Amarillo property, which is the subject of a joint-venture agreement with ATW Venture Corp. (see Marifil & ATW news release of December 12, 2006).

Amarillo Norte Results: Strongly anomalous amounts of gold up to 1.5 g/t are present in Bulk Leach Extractable Gold (BLEG) samples. BLEG sampling is used as an important screening tool to identify broad target areas and the Company is highly encouraged by these strongly anomalous gold samples."

Based upon these findings, Marifil is arranging with a geologic consulting group to make a comprehensive new mapping and sampling program for Amarillo Norte.

Avestruces Property: On April 11, 2007, the Company announced that it had signed a definitive agreement to acquire 100% of this property in San Juan Province, Argentina from a private Argentinean claim owner. Avestruces is Marifil's third gold property within the world famous El Indio-Veladero gold belt, host of Barrick Gold's vast Pascua-Lama and Veladero deposits. Avestruces comprises about 7,485 hectares, lies at an elevation of 3,000 meters MSL, and is located about 135 kilometers northwest of San Juan City.

As noted in the Company's prior news release, the Avestruces property is marked by 10 square kilometers of hydrothermally altered rock including steam heated alteration marked by vuggy silica, native sulfur, and alunite; a massive silica area with pervasive replacement of wallrocks by silica; and a large argillic halo.

Avestruces is located about 75 kilometers south of Marifil's Amarillo gold property where ATW (ATW: TSX-V) is engaged in a diamond core drilling program under terms of a joint venture agreement with Marifil (See Marifil News Release of December 12, 2006).

The Company is planning to carry out a detailed mapping and sampling program this year.

Marifil Mines (MFM: TSX-V) is a Canadian resource exploration company with an aggressive strategy, focused on exploring for precious and base metals in Argentina, home of some of the world's most prolific recent discoveries. The Company has built an impressive portfolio of approximately 20 properties, including several showing bonanza grade gold and silver values. Other properties contain bulk tonnage precious and base metal targets.

This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Executive Vice President, under whose directions the exploration program will be being carried out. Mr. Hite and Mr. Walters are Qualified Persons as defined by National Instrument 43-101.

Forward-Looking Statements:
This news release may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com.)

Contacts: John Hite, President (509) 467-5200
Greg Taylor, Investor Relations, gtaylor@marifilmines.com Toronto area (905) 337-8475

Amarillo Gold Corp.

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CODE : AGC.V
ISIN : CA02301T1084
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Amarillo Gold est une société d’exploration minière d'or basée au Canada.

Amarillo Gold détient divers projets d'exploration au Bresil.

Ses principaux projets en exploration sont MARA ROSA, SAN ANTONIO, OUROLANDIA et LAVRAS DO SUL au Bresil.

Amarillo Gold est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 35,3 millions CA$ (28,2 millions US$, 25,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 24 décembre 2010 à 1,90 CA$, et son plus bas niveau récent le 24 décembre 2015 à 0,04 CA$.

Amarillo Gold possède 80 250 000 actions en circulation.

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Rapports annuels de Amarillo Gold Corp.
2007 Annual Report
Financements de Amarillo Gold Corp.
14/04/2011ANNOUNCES $10 MILLION PRIVATE PLACEMENT
Attributions d'options de Amarillo Gold Corp.
18/07/2011Shareholders Approve Rights Plan; Company Grants Options
Projets de Amarillo Gold Corp.
29/04/2013(Mara Rosa)Mara Rosa Project: New Geotechnical Study Allows for Steeper...
11/10/2012(Mara Rosa)Receives Further Positive Metallurgical Results at the Mara ...
13/09/2011(Mara Rosa)Upgrades Mara Rosa Resource to Measured + Indicated 1.17 Mil...
29/06/2011(Mara Rosa)Reports Final 12 Definition Drill Holes at Mara Rosa Gold Pr...
08/04/2011(Mara Rosa)Completes Definition Drilling at Mara Rosa Gold Project
01/02/2011(Mara Rosa)Drills 35.7 m (True Width) of 2.67 g/t Au in First Results f...
28/05/2007Releases Drilling and Assaying Update from its Lavras do Sul...
Communiqués de Presse de Amarillo Gold Corp.
18/01/2016Public Hearing for the Environmental Permitting of the Posse...
18/01/2016Public Hearing for the Environmental Permitting of the Posse...
14/07/2015Amarillo Appoints Araõ Portugal to Expedite Permitting
14/07/2015Amarillo Appoints Arao Portugal to Expedite Permitting
08/10/2014Amarillo Gold Welcomes New Chief Financial Officer
18/08/2014Amarillo Gold Announces Gold-linked Credit Facility
15/07/2014Amarillo Gold Signs a Protocol With the State of Goias and t...
19/02/2013Drills 19 Metres at 2.47 g/t Au at Saddle Zone in Proposed P...
12/09/2012Closes Non-Brokered Private Placement for $4.1 Million in Pr...
19/09/2011Dale Mah comments on Amarillo Gold Corp. in Gold Report Inte...
09/09/2011Upcoming Conferences
17/06/2011Implements Shareholder Rights Plan
26/05/2011Follow Up (Mackie Research)
24/05/2011Receives Pre-Feasibility Metallurgical Report, Defining Gold...
04/05/2011Closes $10 Million Brokered Private Placement
29/04/2011Closes First Tranche of Brokered Private Placement for $8.4 ...
11/04/2011Buddy Doyle Leads Amarillo Gold - Northern Miner
03/03/2011Drills 17 Metres of 3.17 G/T Au in 2nd Round of Results From...
20/08/2008drills 88 m @ 1.83 g/t Au at Butiá, and 162m @ 0.70 g/t Au a...
17/04/2007Assay Results From Marifil'S Amarillo Norte Gold Property --...
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