Multi-Metal Company Exploiting Prominent Ontario Regions
Significant new gold discovery on surface at Loveland (11.48 g\t gold) over 400 meters away from the only other known gold zone (6.37 g/t over 8.55 m & 10.39 g/t over 3.1 m)
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Message: Trading Halt - Amador Gold Corp. - AGX

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Re: Trading Halt - Amador Gold Corp. - AGX

posted on Sep 24, 08 10:53AM

So much for the use of Acom for pr..this NR has been out for 30 mins already!!





Amador Gold drills 8.55 m of 6.37 g/t Au at Loveland



2008-09-24 14:25 ET - News Release

Mr. Alan Campbell of Hughes Exploration reports

AMADOR GOLD MAKES NEW GOLD DISCOVERY ON ITS LOVELAND NICKEL COPPER PROJECT

Amador Gold Corp. has made a significant new gold discovery on its Loveland nickel-copper project located approximately 35 kilometres northeast of Timmins, Ont. This discovery was made in the course of drilling to further delineate and expand the Cominco zone of nickel-copper mineralization.

Drill hole LL08-13, collared to intersect the down-dip extension of the Cominco zone, intersected 6.37 grams per tonne gold over a drilled width of 8.55 metres from 383.25 to 391.8 metres. Additional intercepts include 6.17 g/t Au over three metres from 403 to 406 metres, and 10.39 g/t Au over 3.1 metres from 410.3 to 413.4 metres drilled width. This gold mineralization occurs within a sheared and silicified granodiorite as a stockwork of low-angle quartz stringers associated with approximately 5-per-cent to 8-per-cent disseminated pyrite and arsenopyrite. Although early observations suggest that there may be a structural control associated with the mineralization, an interpretation of this new gold zone is preliminary and more drilling will be required to determine the true width, dip, strike and plunge extents. Company geologists are presently re-evaluating completed drill holes intersecting the granodiorite which may result in deepening the holes to intersect the gold zone.

Drill hole LL08-13 also intersected anomalous copper-nickel mineralization within gabbros in the upper portion of the hole. The hole was stopped at 425 metres and may be extended in the next phase of drilling to test for additional gold zones at depth.

Amador

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