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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: Amador to follow up on SILVER CLAIM drill intercept of 221 g/t Silver over 7.70m

May 4, 2011 (Filing Services Canada) --

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Amador to follow up on SILVER CLAIM drill intercept of 221 g/t Silver over 7.70m

2007 Diamond Drilling Compilation and Review Highlights:
* Drill hole AGSC0720, intersected 221 g/t Silver over 7.70m
* Drill hole AGSC0712, intersected 88 g/t Silver over 15.43m incl. 556 g/t Silver over 2.32m
* Drill hole AGSC0707, intersected 162 g/t Silver over 9.67m incl. 439 g/t Silver over 2.14m
* AGSC0721 intersected 80 g/t Silver over 11.01m
* Presence of the silver tenors in the wall rock adjacent to the high-grade silver veins.


Vancouver, British Columbia CANADA, May 04, 2011 /FSC/ - Amador Gold Corp. (AGX - TSX Venture, ADRGF - Pink Sheets), has started a review and compilation of the past drilling on the Silverclaim Lake property to gain a greater understanding of the nature of silver mineralization and to further advance the project.

The Silverclaim Lake Claims block is located in Mickle Township, Ontario (100km southwest of Kirkland Lake, Ontario), in the heart of Elk Lake Silver camp and is easily accessed by highway 650.

The mineralization is thought to be associated with Nipissing Diabase. However, the mineralization of the Elk Lake camp appears to be to significantly different from the traditional silver mining camps in the area. The unique feature of the style of silver mineralization is the presence of significant silver tenors in the host rock adjacent to the vein system. It is postulated that the very coarse grained, almost pegmatitic nature of zones within the Nipissing Diabase have either created a primary porosity along irregular grain boundaries in which mineralizing fluids have deposited silver or silver has been precipitated along grain boundaries as a late stage primary feature within the differentiate. These hypothesise are yet to be tested. The end result is that the presence of the silver tenors in the wall rock may act to broaden economic zones or at least decrease waste material in a mining scenario.


Drilling Targets

The previous drilling was directed in three separate areas of the Silverclaim Lake Claims block, namely the Copper Vein showing, the Teck- Lacana ramp and the Cotley Mine Workings. Please refer to the drill hole location map.: http://www.amadorgoldcorp.com/i/pdf/Amador-Silverclaim-Location-Plan-Map.pdf


Copper vein showing

Hole AGSC07-01 is located at the copper showing, approximately 700m west and 1300m north of the Cotley mine workings near the north-west corner of Silverclaim Lake. It was drilled beneath a surface trench copper vein showing. Anomalous copper values were intersected ranging from 0.14% Cu over 0.30m to 0.46% Cu over 2.18m. (See table of significant intersections)


Teck Lacana Ramp

Hole AGSC07-02 was drilled to reproduce an historical hole with significant silver values to the north of the 1049 foot ramp decline and exploratory workings that Teck Corporation and Lacana completed in 1983. The most significant intersection was 158g Ag/tonne over 1.35m drilled width. Holes AGSC07-22 & AGSC07-23 were drilled to the south of the ramp and intersected anomalous values in Ag, Cu, Co and weakly anomalous values in Pt and Pd.


Cotley Mine Workings

The area surrounding the Coltey Mine workings and approximately 100m to the east of the workings was the focus of most of the 2007 drilling. Holes AGSC07-03, 04, 05, and 15 to18 were drilled to test the down-dip and strike extension of silver mineralization in the vicinity of historical underground workings and Holes AGSC07-06, 07, 08, 12, 13, 14, 19, 20, 21 were short holes designed to test to the north of an historical surface trench located approximately 100m west of the Cotley mine workings. Holes AGSC07-09, 10 and 11 tested beneath this trench. (2007 Area 4) Most holes intersected a strong structure with calcite veining and wall rock alteration. Silver occurs within veins and the adjacent wall rock.



------------------------------------------------------------------------
Silverclaim 2007 Drilling Assay Summary
------------------------------------------------------------------------
Hole ID From To Length Au Ag Co Cu Ni
(m) (m) (m) (g/t) (g/t) (%) (%) (%)
------------------------------------------------------------------------
AGSC0701 24.00 26.20 2.20 0.26
277.80 281.50 3.70 0.24
------------------------------------------------------------------------
AGSC0702 82.50 83.90 1.40 158 0.06 0.02
------------------------------------------------------------------------
AGSC0703 *1 20.67 27.90 7.24 26
incl 21.51 24.96 3.46 44
incl 21.51 21.8 0.29 133
------------------------------------------------------------------------
AGSC0705 *2 24.36 32.32 7.96 46
incl 24.97 26.00 1.03 106
28.30 30.86 2.56 0.14
------------------------------------------------------------------------
AGSC0706 23.88 29.00 5.12 143
incl 24.92 25.99 1.07 656
incl 25.34 25.38 0.04 6980
incl 25.38 25.53 0.15 1524
------------------------------------------------------------------------
AGSC0707 29.63 39.30 9.67 162
incl 32.38 34.52 2.14 439
incl 35.14 35.79 0.65 43 0.22
incl 33.63 34.00 0.37 1350 0.12
incl 38.32 38.76 0.44 909 0.12
------------------------------------------------------------------------
AGSC0708 51.15 53.00 1.85 29
------------------------------------------------------------------------
AGSC0710 38.00 46.19 4.64 151
incl 39.44 42.02 2.58 265
incl 41.23 41.55 0.32 696
------------------------------------------------------------------------
AGSC0712 24.07 39.50 15.43 88
incl 26.00 28.32 2.32 557
incl 26.00 26.86 0.86 969
------------------------------------------------------------------------


----------------------------------------------------------------------
Silverclaim 2007 Drilling Assay Summary (Continued )
----------------------------------------------------------------------
Hole ID From To Length Au Ag Co Cu Ni
(m) (m) (m) (g/t) (g/t) (%) (%) (%)
----------------------------------------------------------------------
AGSC0713 38.70 41.05 2.35 34
----------------------------------------------------------------------
AGSC0714 38.00 41.79 3.79 40
incl 39.71 40.07 0.36 321
----------------------------------------------------------------------
AGSC0715 incl 9.30 9.61 0.31 17 1.10
20.89 28.10 7.21 198
incl 25.35 26.77 1.42 779
----------------------------------------------------------------------
AGSC0717 25.38 31.52 6.14 95
incl 26.75 27.44 0.69 770
----------------------------------------------------------------------
AGSC0718 23.91 36.82 12.91 47
incl 26.88 27.42 0.54 935 0.37
54.75 57.59 1.43 32
incl 56.16 56.65 0.49 88
----------------------------------------------------------------------
AGSC0719 21.40 26.56 5.16 58
incl 25.60 26.04 0.44 2.84 505 1.12 0.24
----------------------------------------------------------------------
AGSC0720 19.05 26.75 7.70 221
incl 22.50 22.88 0.38 0.22 1244 1.70 1.24
incl 24.73 25.58 0.85 1368
incl 24.73 25.00 0.27 1.85 925 0.66 0.20
----------------------------------------------------------------------
AGSC0721 28.60 39.61 11.01 80
incl 34.48 35.30 0.82 602
incl 35.61 35.92 0.31 525 0.31 11.93
----------------------------------------------------------------------
AGSC0722 * 8.38 11.39 3.01 * 27 * * *
----------------------------------------------------------------------

*1 - includes 0.0g/t Au over 0.57m where hole intersected underground mine workings
*2 - includes 0.0g/t Au over 1.04m where hole intersected underground mine workings


About Amador Gold Corp

Amador holds a portfolio of mineral projects in mining-friendly Ontario, led by its flagship Loveland Gold Project near Timmins, where exploration and drilling programs currently underway are focused on gold and nickel-copper deposits. The Kell property has similar silver-cobalt-mineralization as the nearby historic Gowganda region, where approximately 60 million ounces of silver were mined in the early 1900s. Other Ontario projects with exploration potential include the Horwood, Maskooch, and Dale Gold, gold properties, and the Fripp nickel property.


Contact Information

Corporate Inquiries: Alan Campbell and Kevin Hull
Phone: (604) 685-2222
Email: [email protected]
Website: www.amadorgoldcorp.com


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
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.


#711-675 WEST HASTINGS STREET
VANCOUVER, B.C. CANADA V6B 1N2
TELEPHONE: 604-685-2222
FAX: 604-685-3764
WWW.AMADORGOLDCORP.COM


To view this release as a web page, please click on the following link:

http://www.usetdas.com/pr/amador05042011.htm



Amador Gold Corp. (AGX - TSX-V) (ADRGF - Pink Sheets)
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com

Source: Filing Services Canada (May 4, 2011 - 8:52 AM EDT)
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