Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

April 24, 2007
High grades encountered

Vancouver, B.C. - The Company wishes to announce some partial drill results from its 2007 drill program:

 

  1. Southeast Parallel Zone - Some of the drill sample assays from the 16 holes drilled in this area have been received from Transworld Laboratory in Tarkwa. Preliminary results from 9 holes based on 4 metre composite samples returned some significant widths and grades such as 16 m of 8.65 g/t including 12 m of 11.17 g/t Au; 24 m of 1.35 g/t Au; 32 m of 1.12 g/t Au; 36 m of 1.1 g/t Au and 36 m of 1.00 g/t Au including the last 12 m of 1.92 g/t Au at the end of the hole. Additional results will be reported over the next few weeks.
  2. Anuoro North Zone - A portion of the scheduled RC drilling in this area has been completed. This mineralized zone has now been extended to 900 metres in length. Twelve of the 20 holes in this area intersected mineralization, however due to problems with the drill rig and ground conditions 8 of these mineralized holes did not reach their intended depth. Preliminary assays on 4 metre composite samples returned some significant intersections such as 36 m of 1.25 g/t Au, 12 m of 1.24 g/t Au, 16 m of 1.53 g/t Au. Most of this mineralization occurs near surface and a number of these holes ended in mineralization. This zone remains open both along strike and at depth. More drilling is planned for this area.

The North Ashanti Gold Project straddles fifteen kilometers along the main Ashanti Shear and lies directly south of the Konongo Mining lease, approximately 20 kilometers west of Newmont's Akyem deposit and 50 kilometers northeast of Anglo/Ashanti's Obuasi Gold mine.

Simon Meadows-Smith, principal of SEMS Exploration Services Ltd., is the qualified person responsible for the preparation of the technical information in this news release.

On behalf of the Board of Directors,

"Dustin Elford"

Dustin A. Elford
President

Stock Price & Market Cap.

TSX – V:  AMU     0.095 CAD    -5.00%
Market Cap.:     4.83M CAD

Updated at 1:15pm on 3 Sept 2010
Share price information

Major Indices & Gold Price

TSX 12144.92 +0.28%
TSX Venture 1565.96 +2.27%
Dow Jones 10447.93 +1.24%
Gold ($/oz) 1249.20 0.00%

AMI Latest News 2010

Reports & Publications

 

Email Newsletter Signup

Register to receive notifications of the latest company news.