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Amador To Follow Up On SILVER CLAIM Drill Intercept Of 221 G/t Silver Over 7.70m

Stocks in this article: AGX

Amador Gold Corp. (TSX-V: AGX) (Pink Sheets: ADRGF) has started a review and compilation of the past drilling on the Silverclaim Lake property to gain a greater understanding of the nature of silver mineralization and to further advance the project.

The Silverclaim Lake Claims block is located in Mickle Township, Ontario (100km southwest of Kirkland Lake, Ontario), in the heart of Elk Lake Silver camp and is easily accessed by highway 650.

The mineralization is thought to be associated with Nipissing Diabase. However, the mineralization of the Elk Lake camp appears to be to significantly different from the traditional silver mining camps in the area. The unique feature of the style of silver mineralization is the presence of significant silver tenors in the host rock adjacent to the vein system. It is postulated that the very coarse grained, almost pegmatitic nature of zones within the Nipissing Diabase have either created a primary porosity along irregular grain boundaries in which mineralizing fluids have deposited silver or silver has been precipitated along grain boundaries as a late stage primary feature within the differentiate. These hypothesise are yet to be tested. The end result is that the presence of the silver tenors in the wall rock may act to broaden economic zones or at least decrease waste material in a mining scenario.

Drilling Targets

The previous drilling was directed in three separate areas of the Silverclaim Lake Claims block, namely the Copper Vein showing, the Teck-Lacana ramp and the Cotley Mine Workings. Please refer to the drill hole location map.:

Copper vein showing

Hole AGSC07-01 is located at the copper showing, approximately 700m west and 1300m north of the Cotley mine workings near the north-west corner of Silverclaim Lake. It was drilled beneath a surface trench copper vein showing. Anomalous copper values were intersected ranging from 0.14% Cu over 0.30m to 0.46% Cu over 2.18m. (See table of significant intersections)

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