Adamus Resources Limited - Drilling Extends Ore Zones at Salman

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PERTH, Western Australia, Feb. 7 /CNW/ - Exploration drilling at Salman South and Salman Central has intersected extensions to the sulphide ore zones below the oxide pits. The new drilling has confirmed that the sulphide ore zones extend under the entire length of the oxide pits. The best intersection from the results available to the end of January is SNRCD1015 7m @ 5.98g/t Au from 124m. A selection of results from recent holes is shown in Table 1.


Table 1
Best intersections from recent drilling at Salman South and Salman North

Hole ID
	Prospect 	Section
(UTM
N55) 	From
(m) 	TO
(m) 	Interval
(m) 	Grade
(g/t) 	Type
SNRCD1015 	Salman Sth 	1453 	124 	131 	7 	5.98 	Sulphide
SNRCD982 	Salman Sth 	1500 	32 	35 	3 	2.24 	Oxide*
SNRCD982 	Salman Sth 	1500 	76 	86 	10 	2.23 	Sulphide
SNRCD1006 	Salman Sth 	1600 	69 	72 	3 	2.15 	Sulphide
SNRCD1006 	Salman Sth 	1600 	77 	87 	10 	2.15 	Sulphide
SNRCD1008 	Salman Sth 	1627 	80 	84 	4 	3.13 	Sulphide
SNRCD1008 	Salman Sth 	1627 	89 	95 	6 	2.65 	Sulphide
SNRC1012 	Salman Sth 	1627 	100 	115 	15 	2.62 	Sulphide
SNRCD999 	Salman Sth 	1650 	104 	116 	12 	2.61 	Sulphide
SNRCD1009 	Salman Sth 	1676 	11 	16 	5 	2.31 	Oxide*
SNRCD867B 	Salman Sth 	1797 	193 	197 	4 	3.06 	Sulphide
SNRCD867B 	Salman Sth 	1797 	237 	241 	4 	1.72 	Sulphide
SNRCD867B 	Salman Sth 	1797 	265 	275 	10 	2.97 	Sulphide
SNRCD867B 	Salman Sth 	1797 	279 	286 	7 	1.17 	Sulphide
SNRC1003 	SalmanCentral 	2452 	65 	74 	9 	1.73 	Sulphide
SNRC1017 	SalmanCentral 	2552 	39 	47 	8 	2.97 	Sulphide

*Not in current pit shell See notes to Exploration Results & Appendix 1

At Salman, there are several broad and shallow dipping zones of oxide mineralisation that form part of the current Reserve, that will be mined as open pits. Below the oxide pits there are moderately steep dipping sulphide ore zones that are continuous with the oxide ore zones. Prior to the current drill program testing of the sulphide zones was not systematic.

Resource definition drilling of the sulphide zones was commenced in August 2010 at the Teberu 04 and Nugget Hill deposits and was then extended to Salman South and Salman Central in late 2010, with drilling continuing into 2011.

Diamond drilling has been designed to test the sulphide zones on 50m spaced traverses to a vertical depth of 100m. Phase 1 of the drill program at Salman South, Salman Central, Teberu and Nugget Hill is now nearing completion. Drilling at Salman North will commence when access is available in a few months. Phase 2 of the drill program involves deeper drilling that will extend ore zones to a depth of 150-200m vertical. This drilling will be dependent on results and assessment of results from Phase 1.


Exploration Update

Resource definition drilling at the Aliva oxide prospect was completed at the end of January. The RC drilling program was designed to provide systematic coverage of the ore zones on 50m spaced traverses and to extend the ore zones at depth. Geological modelling and a new resource estimate is planned for mid-2011.

Following the improvement in the weather at the end of the wet season in December four soil sampling teams have been active on the Apa Tam and Asanta exploration licences and an additional four teams will soon be employed to complete soil sampling coverage on the Hotopo licence. The first results from this program will be available in February.

Resource definition and resource extension drilling is scheduled to commence at Anwia in March-April followed by drilling at Bokrobo. Reassessment of the previous drilling has highlighted targets that have the potential to increase the resources.


About Adamus

Adamus Resources Limited is an explorer and mine developer, listed on the Australian Securities Exchange (ASX), TSX Venture Exchange (TSX-V) and Frankfurt Stock Exchange Open Market (FSE).

The Company's primary focus is on exploring, realising and expanding the economic potential of the Southern Ashanti Gold Project in Ghana, West Africa. The Project encompasses approximately 665km² of tenure in the Ashanti Gold Belt - host to over 100moz of gold and the Project boasts excellent access to port and road infrastructure. Ghana is a stable West African country with a long history and some of the world's largest gold mining operations. Gold production is vital to the national economy. Members of the Adamus Board and management team have proven records in mineral exploration, project development and project financing.


Kind regards ADAMUS RESOURCES LIMITED

(signed)

Mark Connelly
Managing Director/CEO



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Caution Regarding Forward Looking Information.
Certain statements included in this announcement, including information regarding Adamus' plans with respect to its mineral properties, constitute forward-looking information. Forward-looking information includes, among other things, statements regarding expected operations. Forward-looking information is based upon a number of estimates and assumptions made by the Company in light of its experience, current conditions and expectations of future developments, as well as other factors that the Company believes are appropriate in the circumstances. While these estimates and assumptions are considered reasonable by the Company, they are inherently subject to business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of, the Company. Such factors include, among other things, risks relating to additional funding requirements, metal prices, exploration, development and operating risks, competition, production risks, regulatory restrictions, including environmental regulation and liability and potential title disputes. Investors are cautioned that forward-looking information is no guarantee of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking information due to the inherent uncertainty therein. Forward-looking information is made as at the date of this announcement and the Company disclaims any intent or obligation to update publicly such forward-looking information, whether as a result of new information, future events or results or otherwise.



For further information:

For further information please see our website: www.adamusresources.com.au or contact:

Mark Connelly - Managing Director / CEO
+61 8 9322 5943
email: mark.connelly@adamusresources.com.au

For media enquiries contact:

Brian Thornton - Farrington National
+61 2 9332 4448
email: bt@farrington.com.au