Amador Gold Corp. Commences Drilling on Horwood Gold Property in West Timmins District
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Wed, 04 Nov 2009 15:28:37 GMT |
| Author
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Amador Gold Corp. |
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Press Release |
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VANCOUVER, BRITISH COLUMBIA -- 11/04/09 --
Amador Gold Corp. (TSX VENTURE: AGX) (the "Company") is pleased to it announce it has commenced diamond drilling on its wholly owned Horwood Property in the West Timmins gold district. The property is located along a splay off the Destor-Porcupine Fault, the Hardiman Bay Fault, approximately 60 km southwest of recent gold discoveries made by Lakeshore Gold Corp. and West Timmins Mining Inc.
The estimated 1400 meter drill program will test numerous high-grade gold targets including:
-- The RHB zone: Recently returned assays as high as 183.5 g/t gold on grab
samples taken from outcrop. Drilling on the RHB zone will advance
pending results from a recent IP (induced polarization) geophysical
survey.
-- The Labbe #1 Zone: Has never been drilled to depth although historic
shallow drilling by Queensway Mines Ltd. Traced a gold bearing quartz
vein for strike length of 76.2 meters (250 feet) with an average grade
of 17.49 g/t (0.51 oz/t) Au over 0.91 meters (3.0 feet.) No subsequent
deep drilling has occurred on this vein system.
-- The Bend Zone: 2008 drilling done by the Company intersected 12.35 g/t
gold over 2.4 meters. This intersection is near the bottom of the
deepest hole in the program and to date, no follow-up drilling has been
done.
-- Drilling to test other induced polarization (IP) targets
An audio interview on the Horwood project has been prepared by Peter Caldbick, etc.. To listen to the interview please click on the following link (if the link does not work cut and paste it into your web browser address bar):
http://smallcapepicenter.com/executive/AGXbtpr06August2009/index.htm
To view a map of the Horwood Property please click on the following link:
http://www.amadorgoldcorp.com/i/pdf/Horwood_showings.pdf
About Amador Gold
Amador has assembled a portfolio of more than 20 properties of exceptional merit in established mining camps and emerging mineral districts of Canada. These projects include the Loveland gold-copper-nickel project program and the Horwood gold project.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Contacts:
Corporate Inquiries:
Amador Gold Corp.
Kevin Hull or Alan Campbell, Investor Relations
(604) 685-2222
info@amadorgold.com
www.amadorgoldcorp.com
AGORACOM Investor Relations:
AGX@agoracom.com
www.agoracom.com/ir/Amador
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