About AMI Resources Inc.
AMI Resources Inc. is a Vancouver, British Columbia based exploration and development stage company, which through its wholly owned operating subsidiary AMI Africa Exploration Ltd. (formerely “Norcan Mining Corp.”), has elected to concentrate its exploration activities on West Africa.
AMI's approach to success is to evaluate and acquire promising gold exploration projects either directly from the government or through purchases/options with other companies/individuals. With adequate financial support, AMI will assume the initial risks of mineral exploration. Should a resource be outlined AMI will then determine the feasibility of bringing the project into production internally or will look to a producing company for either a joint venture or outright sale.
Currently AMI Africa holds two contiguous concessions the Anuoro (Praso) & Beposo which combined cover approximately 15 km of strike length along the prolific Ashanti Trend. These concessions are strategically located on the Ashanti Trend between Anglo Ashanti, +40 million ounce Obuasi Mine 50 km to the southwest, the Konongo Mine on the northern border and 25 km to the southwest of Newmont’s mine permitted Akyem +7 million ounce gold deposit. AMI's concessions cover approximately 162 square kilometers within this trend and are jointly referred to as the North Ashanti Gold Project.
AMI has already established a 327,629 oz gold resource qualified under National Instrument 43-101 guidelines.
Stock Price & Market Cap.
| TSX – V: AMU | 0.19 CAD +11.76% |
| Market Cap.: | 9.03M CAD |
Updated at 5:00pm on 10 Mar 2010
Share price information
Major Indices & Gold Price
| TSX | 11961.06 | +0.36% |
| TSX Venture | 1556.80 | -0.13% |
| Dow Jones | 10567.33 | +0.03% |
| Gold ($/oz) | 1107.80 | -1.27% |
The Latest News
March 10, 2010
AMI Reports 24 Meters of 3.08 g/t Gold Northeast of Semafo's Hill Mine
February 24, 2010
Update Sirba Gold Project
February 08, 2010
Drilling started at Sirba Gold Project
January 25th, 2010
AMI Grants Newmont Option on Anuoro
January 14th, 2010
Drill contract for Sirba Gold Project
December 16th, 2009
Anuoro License Extended 24 months
December 2nd, 2009
Sirba Gold Project underway in Niger
November 2nd, 2009
Private Placement closed Programs to Begin
September 17th, 2009
AMI Options Golden Star's Niger Properties
May 7th, 2009
Private Placement Closed
March 9th, 2009
North Ashanti Gold Project Update
Publications & Reports
African Mining magazine, "A Jewel Emerging in the majors backyard"
by Willem Smuts
SEMS Resource Report May 2008
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