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Adamus Resources Limited - March 2011 Pictorial Update

12.04.2011  |  CNW

PERTH, Western Australia, April 12 /CNW/ --
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/


PERTH, Western Australia, April 12 /CNW/ - Adamus Resources (TSXV: ADU)
was added to the S&P/ASX 300, Australia's Top 300 stocks by market
capitalisation, effective 18 March 2011


Mill throughput and plant utilisation continue to exceed planned rates
and to date the process facilities have performed very well.  Operator
and graduate training continues on plant specific modules, in line with
Adamus' strong belief in local training and education opportunities.


Exploration continued of both near mine and regional targets with
results pending final assays.


Other activities in the month of March 2011 included :


-- Mining commenced in Salman South 1B pit
-- Construction of ROM bypass road commenced.
-- Following approval of the final Tailings Storage Facility (TSF)
by the EPA, liner installation was completed and supernatant
water released into the TSF.
-- RC drilling conducted at Teberu / Nugget Hill to locate
extensions to the ore zones between the Teberu and Salman North
pits.
-- Three deep diamond holes drilled under the Salman Trend to
determine the depth extent of the mineralisation have
intersected sulphide ore zones 100m below previous drilling.
-- Soil sampling completed at the Apa Tam PL and commenced at the
Asanta and Hotopo PL's. A third soil sampling team of 20 will
be recruited.
-- RC drilling will soon commence at the Nfutu prospect west of
Anwia and drilling is also planned for other oxide prospects.
-- Plans underway for commencement of Salman - Akango phase 1
access road diversion.
-- Salman village resettlement progressed with excavation,
placement of concrete and blockwork for foundations on all
residential lots. Landscaping and stone pitching continued.
-- Community & Health Care Centre & Nurses Quarters completed. St
Ann's Preparatory School & Teachers Quarters and Police Station
& Quarters near completion.


Further photographs appear on the Company's website at :

http://www.adamusresources.com.au/nzema-gold-project/construction-progress/march-2011.html


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


Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


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.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/April2011/11/c3313.html

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

 



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