Multi-Metal Company Exploiting Prominent Ontario Regions
Resources On Ajax Property Estimated at more Than 4 M tonnes at Ni-Cu grades ranging from 0.54% up to 1.42%. (Non 43-101)
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Amador Gold > Message
Daffy_duck

Ajax and Loveland Con't.....

Posted by: Goldilox on May 09, 2008 07:38AM

Loveland Property - 35 km northwest of Timmins, Ont.

Minerals: Copper, Nickel

-Amador's first three holes drilled at Loveland --- spanning a strike length of 100 meters --- all intersected nickel-copper mineralization. One of the discovery holes returned three intervals within a 45.0-meter wide zone that averages 0.75% copper and 0.70% nickel from 120.6 to 165.6 meters.

-The discovery was made down-dip of a discovery made by Cominco (now Teck Cominco) in the 1970s, beyond the limits of Cominco's historic resource of 130,000 tons at 0.68% copper and 0.73% nickel. (NOTE: This estimate is non-compliant with NI 43-101 standards and should not be relied upon.)

-The property includes the Hollinger occurrence, drilled prior to 1975, which hosts a historic resource of 442,000 tons of 0.42% copper and 0.71% nickel. (This resource is also non-compliant with NI 43-101 disclosure standards.)

Ajax Property - Strathy: 5 km northwest of Temagami, Ont.


Minerals: Copper, Nickel, Gold, Silver and Platinum Group Metals (PGMs)

- Launched a 4,000-meter drilling program at the Ajax Property in early 2008

- Mine was revived in 1974 and produced 1.39 million pounds of nickel and 3.11 million pounds of copper along with by-product gold, silver and PGMs from 278,263 milled tons to 1976

- Remaining resources are estimated at more than 4 million tonnes at combined nickel copper grades ranging from 0.54% up to 1.42%. These historic estimates are non-compliant with NI 43-101 standards, should not be replied upon, and are provided only to indicate geological potential.

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