TSX-V
AGX.V
0.26 CA$
4.00%
Samples 75.0 g/T Gold on New Zone at Horwood Property
On August 07 2009
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Re: News Releases - Thursday, August 06, 2009
Amador Gold Samples 75.0 g/T Gold on New Zone at Horwood Property
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.. OTHER SAMPLES INCLUDE 57.1 G/T, 48.3 G/T, AND 43.3 G/T GOLD
.. COMPANY'S HIGHEST GRADE SAMPLES DISCOVERED TO DATE ON HORWOOD
PROPERTY
VANCOUVER -- Amador Gold Corp. (TSX-V:AGX) (the "Company") is pleased
to announce that its recent exploration program has identified new
high-grade gold targets at the Horwood Property situated approximately
85 km southwest of Timmins, Ontario.
An audio summary of this release and the Horwood property has been
prepared by Peter Caldbick, the Company's PGeo for the Horwood Project,
and is available through AGORACOM Investor Relations via the following
link (link will go live at approximately 9:30am EST, August 6, 2009):
http://smallcapepicenter.com/executive/AGXbtpr06August2009/index.htm
Previous exploration programs had confirmed the presence of both gold
and volcanogenic massive sulphide-style (VMS) mineralization at the
wholly owned project. Previously reported grab samples from quartz
veins within gabbros returned values of 17.30 g/t (grams per tonne)
gold, 22.72 g/t gold and 19.68 g/t gold.
Recent trenching and stripping activities have exposed a series of
narrow, parallel quartz veins hosted within a granodioritic pluton
known as the Horwood Peninsula Pluton (HPP) proximal to a granodiorite
mafic metavolcanic contact.
The quartz veins are described as parallel sets of shallow,
southeast-dipping blue-grey veins with semi-massive bands of pyrite and
carbonate alteration up to 0.5 meters in width and trending 240 degrees
southwest.
A larger (30 cm) shear-hosted vein shows massive sulphide sections with
mostly pyrrhotite and pyrite with trace chalcopyrite. This structure
dips more steeply to the north and shows strike length potential.
.. Seven grab samples were taken, with four of the seven returning
grades of 75.0 g/t gold, 57.1 g/t gold, 48.3 g/t gold and 43.3 g/t gold
with the remaining samples containing anomalous values of concentrated
gold.
Further prospecting has revealed additional veins on strike within 100
meters of the recent stripping. Additional stripping and trenching has
commenced to further expose the multiple vein sets, to be followed by a
program of systematic channel sampling.
Amador's geological team is also compiling geophysical data in the area
to select additional prospective targets, as much of the property is
covered by overburden.
For recent highlights from the Horwood project as well as a summary of
the Company's other Ontario exploration work please see the news
release dated July 15, 2009 or click on the following link:
http://www.amadorgoldcorp.com/s/NewsReleases.asp?ReportID=356042&_Type
=News-Releases&_Title=Amador-Gold-Corp.-Provides-Summary-on-Ontario-Pr
ojects
The Horwood Project is located approximately 60 km southwest of recent
gold discoveries made by Lakeshore Gold Corp. and West Timmins Mining
Inc.
Peter Caldbick, P.Geo. is the qualified person for the purposes of
National Instrument 43-101 for the Company's Horwood Project. the
contents of this news release has been reviewed and approved by Peter
Caldbick.
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 which recently completed its spring drill
program and the Horwood gold project.
For information on active projects and to see Smartstox interviews with
Company president, Richard Hughes, please visit the Company's website
at www.amadorgoldcorp.com.
Contact Information
Corporate Inquiries: Kevin Hull or Alan Campbell, Investor Relations
Phone: (604) 685-2222
Email: info@amadorgold.com
Website: www.amadorgoldcorp.com
AGORACOM Investor Relations:
Email: AGX@agoracom.com
Website: http://www.agoracom.com/ir/Amador
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.
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Copyright (c) 2009 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 Thu Aug 6, 2009 at 6:30:29 AM Pacific Time
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