Amador Gold Corp.
AGX: TSX-V
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.
Horwood Property - 75 km southwest of Timmins, Ont.
Minerals: Gold
- Encompasses historic gold zones that have seen little exploration since the 1940s. Amador's drilling programs have focused on the Gabbro, Bend and Quartz Blowout gold zones, discovered during initial trenching programs in 2006.
-Assay results from recent drilling ranged from 0.71 g/t gold over 5 meters up to 12.35 g/t gold over 2.4 meters.
Richard W. Hughes Addresses The Investment Community.