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Amador Gold Corp.: Amador Gold Corp. Announces Drill Plans on High Grade Gold Target in West Timmins Gold District
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2009) - Amador Gold Corp. (TSX VENTURE:AGX) (the "Company") is pleased to provide an update on its drill plans for its Kamiskotia Gold property. The property lies approximately 5km north of Lake Shore Gold's West Timmins Project. This area has been host to a number of base metal deposits including the Kam-Kotia, Jameland, Canadian Jamieson, and the Genex Mines. Historic exploration in the area has primarily focused on the base metal potential with limited gold exploration.
In 1991, Falconbridge Exploration, while testing the base metal potential in the area, drilled a series of north-south trending conductors. The first drill hole intersected 82.2 g/t Au over 1.5 meters, including 306.0 g/t Au over 0.4 meters in what was described as a "grey zone" within mafic volcanics. These grey zones are important gold mineralization host rocks at the Hoyle Pond Mine approximately 20 kilometers northeast of Timmins.
Follow-up drilling by Moneta Porcupine Mines in 1993 drilled along strike and up dip of the gold intercept intersected the favorable horizon. Recent compilation work done by the Company suggests en echelon gold-bearing quartz carbonate veins hosted within this grey zone may cross cut stratigraphy.
Structural and compilation work is underway to obtain a better understanding of the area and determine the continuity of the gold values obtained in the 1991 drill program. The Company's drill program will test for continuity beneath and down plunge of the original gold zone.
Peter Caldbick, PGeo., is the qualified persons for the purposes of National Instrument 43-101 for the Company's Kamiskotia Project. The technical contents of this press release have 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 program and the Horwood gold project.
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.