Amador Gold Corp.: Silverclaim Exploration
30.03.2011 | Marketwire
- Located in the prolific Elk Lake silver Camp- On strike with high grade silver veins intersected by Silver Shield Resources Corp which yielded 2,659.5 g/t Ag over 0.15m and 2,589.2 g/t Ag over 0.20m
- Site of the Tech/Cameron decline and mine workings that may be easily rehabilitated to advance potential underground exploration or production.
VANCOUVER, 03/30/11 - Amador Gold Corp. (TSX VENTURE: AGX) is pleased to announce the commencement of diamond drilling at their Silverclaim Lake Ag/Co/Ni property. The claims are favourably situated in Mickle Township, in the heart of the Elk Lake silver camp and are easily accessed by Highway 560 approximately 7.5 kilometres west from Elk Lake then a few hundred metres north of the highway on a good dirt road.
The Silverclaim Lake property is the location of the historic Cotley/Shane- Darragh/Cameron mine site. During its production history, the mine produced some 63,470 oz of silver, representing more than half of the roughly 110,000 oz Elk Lake Camp silver production. Silver mineralization appears to be associated with the differentiation of the Nipissing Diabase intrusive. This has given rise to characteristic high grade silver veins accompanied by significant silver tenors within the diabase host rock.
Previous diamond drilling programs identified two vein systems striking roughly north -south in the area of the mine workings. This year's program, nine holes totaling 750 metres, is currently a shallow program, designed to test depth extensions to the 75 metre level and strike extensions to the 25 metre level. Assay results will be released as they become available. A second phase of drilling will follow compilation of this program's data.
Roger MacDonald P.Geo has reviewed the technical information in this news release.
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.
Contacts:
Corporate Inquiries:
Amador Gold Corp.
Alan Campbell
(604) 685-2222
info@amadorgold.com
www.amadorgoldcorp.com