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Amador Gold Corp.: Amador Gold Corp. Announces Drill Plans for Maskooch Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 8, 2009) - Amador Gold Corp. (TSX VENTURE:AGX) (the "Company") is pleased to provide an update on its drill plans for gold and base metal targets on its wholly owned Maskooch Lake Property situated in the Confederation Greenstone Belt, 95 km east of Red Lake, Ontario.. The property lies approximately 12 km southeast of the past producing South Bay Mine, which produced 1.6 million tons averaging 1.8% copper, 11.06% zinc and 2.12 ounces per ton silver.
Previous work done by the Company includes a sample of 1.16% copper taken from a pyrite-sericite schist located stratigraphically below a buried VTEM conductor. A massive sulphide sample grading 0.45% copper was also taken from a showing uncovered via overburden trenching. The Company will focus the current program on numerous untested conductors coincident with hydrothermally altered rocks distributed about a late volcanic intrusive.
"A significant amount of surface exploration work has been completed by the Company to advance the Maskooch property to drill-ready status. We are looking forward to testing the potential of a number of priority targets," comments Company President, Richard Hughes. "The proposed 1200 meter program will test 6-8 targets to increase the Company's understanding of the underlying geology as well to test the property's potential to host VMS mineralization. Numerous metals, including gold, have been sampled at surface giving confirmation of their presence in the system"
Work to date indicates the Maskooch Lake Property has many of the same characteristics as the Scuddles VMS deposit in Western Australia. The 10.6 million ton Scuddles deposit is hosted within a sequence of andesites and F1-type felsic volcaniclastic rocks and Algoma-type iron formation with an average grade of 1.2% Cu, 11.7% Zn, 0.8% Pb, 2.6 oz/t Ag.
Drilling is scheduled to commence on or about November 15th, 2009. Distinctive Drilling Services Inc of Westbank, British Columbia has been contracted to undertake the work program.
Mr. Andrew Tims, P.Geo will be operating as the Company's qualified person under National Instrument 43-101. Mr. Tims has reviewed the technical content of this news release and confirms its accuracy.
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.