AMI Resources Inc.: RC Drilling Intersects 18 Metres @ 4.48 g/t and 16 Metres @ 4.58 g/t
10 9월 2007 - 11:57PM
Marketwired Canada
AMI Resources (TSX VENTURE:AMU) is pleased to announce results from the recently
completed Reverse Circulation drilling program on the North Ashanti Gold Project
in Ghana, West Africa. Significant, near surface intersections have been
obtained from all three prospects drilled. These include:
07BPRC108 62 - 94m, 32m @ 1.41 g/t
07BPRC112 36 - 51m, 15m @ 1.96 g/t
07BPRC121 63 - 85m, 22m @ 1.56 g/t
07BPRC122 75 - 91m, 16m @ 4.58 g/t
07BPRC123 27 - 36m, 9m @ 5.79 g/t
07BPRC124 24 - 35m, 11m @ 2.23 g/t
07BPRC124 39 - 47m, 8m @ 3.10 g/t
07BPRC125 39 - 57m, 18m @ 4.48 g/t
(refer to tables one and two for all significant intersections)
The objective of this second phase of 2007 RC drilling was to infill gaps in
previous drill coverage of the Beposo Main Zone, Beposo South East Zone and
Anuoro North Zone to obtain sufficient information to calculate an indicated
resource. This has been achieved and the company expects to announce a revised
resource estimate for the North Ashanti Project before the end of the year.
Also, along-strike soil geochemical anomalism to both Beposo prospects were
drilled tested.
The Beposo South East Zone - Bedrock gold mineralisation has been extended for
350 metres to the southeast and remains open along strike. Broad, low grade
drill intersections, such as 07BPRC097 which recorded 13m @ 0.78 g/t, coincide
with a weak gold in soils anomaly. Possible southern extensions will be
investigated after the current wet season.
The Beposo Main Zone - Step out drilling encountered bedrock gold mineralisation
300 metres north of the current resource limit in hole BPRC093 which intersected
7m @ 1.08 g/t. The company intends to better define this mineralisation
extension by completing several trenches prior to the next round of drilling.
The Anuoro North Zone - Infill drilling on 100 metre spaced lines has confirmed
broad zones of sub vertical mineralisation within the Santreso intrusive. This
mineralisation has been traced northwards to the concession boundary with the
Konongo Mine but appears to thin-out about 100 metres from the licence boundary.
Though the average grades at Anuoro North are lower than those on the Beposo
Prospects the true widths, up to 30 metres, of mineralisation and the expected
non - refractory nature of the gold make Anuoro North suitable for heap leach
processing.
Table One: Selection of AMI Resources RC Drill Intersections from 2007
- Beposo
--------------------------------------------------------------------------
Inter- Au
2007 East North From To val grade
Hole ID Phase Prospect UTM UTM (m) (m) (m) (g/t)
--------------------------------------------------------------------------
07BPRC 079 May Beposo SE 682110 717920 48 49 1 3.55
58 59 1 3.27
65 66 1 2.76
72 82 10 2.31
--------------------------------------------------------------------------
07BPRC 080 May Beposo SE 682083 717908 41 42 1 3.12
57 2 5 1.33
--------------------------------------------------------------------------
07BPRC 082 May Beposo SE 682142 717957 88 91 3 1.50
--------------------------------------------------------------------------
07BPRC 083 May Beposo SE 682189 717988 12 14 2 1.50
--------------------------------------------------------------------------
07BPRC 084 May Beposo SE 682033 717885 44 46 2 3.06
61 69 8 1.45
--------------------------------------------------------------------------
07BPRC 085 May Beposo SE 682050 717872 21 49 28 1.29
--------------------------------------------------------------------------
07BPRC 087 May Beposo SE 682002 717816 8 25 17 7.00
incl. 17 18 1 75.85
--------------------------------------------------------------------------
07BPRC 088 May Beposo Main 682016 719143 58 72 14 1.87
--------------------------------------------------------------------------
07BPRC 091 May Beposo Main 682076 719158 38 45 7 2.48
--------------------------------------------------------------------------
07BPRC 092 May Beposo Main 682286 719400 51 52 1 2.64
--------------------------------------------------------------------------
07BPRC 093 May Beposo Main 682235 719367 7 13 6 1.20
--------------------------------------------------------------------------
07BPRC 098 May Beposo SE 681804 717564 44 46 2 2.12
--------------------------------------------------------------------------
07BPRC 100 May Beposo SE 682163 717946 7 10 3 1.57
--------------------------------------------------------------------------
07BPRC 102 May Beposo Main 681637 718391 41 48 7 1.16
--------------------------------------------------------------------------
07BPRC 104 August Beposo Main 681844 718793 60 62 2 1.38
--------------------------------------------------------------------------
07BPRC 105 Beposo Main 681786 718813 64 67 3 1.52
80 83 3 1.90
87 89 2 1.49
--------------------------------------------------------------------------
07BPRC 107 August Beposo Main 681872 718834 53 66 13 1.17
--------------------------------------------------------------------------
07BPRC 108 August Beposo Main 681853 718878 62 94 32 1.41
104 106 2 1.49
--------------------------------------------------------------------------
07BPRC 109 August Beposo Main 681903 718875 44 46 2 1.84
--------------------------------------------------------------------------
07BPRC 110 August Beposo Main 681905 718912 46 54 8 1.67
--------------------------------------------------------------------------
07BPRC 111 August Beposo Main 681922 718922 38 42 4 1.72
--------------------------------------------------------------------------
07BPRC 112 August Beposo Main 681941 718968 36 51 15 1.96
60 61 1 2.47
--------------------------------------------------------------------------
07BPRC 113 August Beposo Main 681950 719037 75 77 2 7.64
82 86 4 2.82
--------------------------------------------------------------------------
07BPRC 114 August Beposo Main 681923 719025 110 114 4 1.65
--------------------------------------------------------------------------
07BPRC 115 August Beposo Main 681867 718979 102 120 18 1.15
--------------------------------------------------------------------------
07BPRC 116 August Beposo Main 682008 719063 43 60 17 1.38
--------------------------------------------------------------------------
07BPRC 117 August Beposo Main 681637 718393 30 45 15 1.26
79 82 3 1.93
--------------------------------------------------------------------------
07BPRC 118 August Beposo Main 681709 718411 118 127 9 1.07
--------------------------------------------------------------------------
07BPRC 119 August Beposo Main 681727 718448 84 87 3 1.45
--------------------------------------------------------------------------
07BPRC 120 August Beposo Main 681755 718468 101 105 4 2.62
--------------------------------------------------------------------------
07BPRC 121 August Beposo Main 681759 718493 63 85 22 1.56
--------------------------------------------------------------------------
07BPRC 122 August Beposo Main 681774 718513 21 30 9 1.20
75 91 16 4.58
incl. 79 80 1 43.23
--------------------------------------------------------------------------
07BPRC 123 August Beposo Main 681777 718724 2 4 2 1.32
27 36 9 5.79
Including August incl. 33 36 3 15.84
82 84 2 6.73
--------------------------------------------------------------------------
07BPRC 124 August Beposo Main 681761 718670 24 35 11 2.23
39 47 8 3.10
--------------------------------------------------------------------------
07BPRC 125 August Beposo SE 681981 717849 39 57 18 4.48
incl. 46 54 8 8.64
--------------------------------------------------------------------------
Table Two: Selection of AMI Resources RC Drill Intersections from 2007
- Anuoro
--------------------------------------------------------------------------
Inter- Au
2007 East North From To val grade
Hole ID Phase Prospect UTM UTM (m) (m) (m) (g/t)
--------------------------------------------------------------------------
07ANRC091 May Anuoro North 693512 729077 14 17 3 1.42
incl. 14 15 1 3.51
--------------------------------------------------------------------------
07ANRC095 May Anuoro North 693702 729168 57 58 1 3.45
--------------------------------------------------------------------------
07ANRC098 May Anuoro North 693951 729340 22 28 6 1.05
--------------------------------------------------------------------------
07ANRC100 May Anuoro North 694015 729424 13 16 3 1.74
--------------------------------------------------------------------------
42
07ANRC101 May Anuoro North 694096 729480 1 43 open 1.33
--------------------------------------------------------------------------
07ANRC102 May Anuoro North 694077 729499 32 34 2 1.33
--------------------------------------------------------------------------
07ANRC104 May Anuoro North 694156 729561 0 6 6 0.95
17 29 12 1.00
--------------------------------------------------------------------------
07ANRC106 May Anuoro North 694215 729635 8 14 6 2.04
incl. 8 12 4 2.84
--------------------------------------------------------------------------
07ANRC107 May Anuoro North 694201 729649 4 5 1 1.52
10 12 2 1.24
30
30 60 open 1.19
incl. 35 43 8 2.13
--------------------------------------------------------------------------
07ANRC109 August Anuoro North 694187 729663 9 14 5 1.40
incl. 10 11 1 5.28
--------------------------------------------------------------------------
07ANRC110 August Anuoro North 694227 729620 52 54 2 2.56
20
72 92 open 1.08
--------------------------------------------------------------------------
07ANRC112 August Anuoro North 694258 729736 9 14 5 1.14
--------------------------------------------------------------------------
07ANRC114 August Anuoro North 694287 729708 66 69 3 1.35
--------------------------------------------------------------------------
07ANRC119 August Anuoro North 694369 729762 45 49 4 1.49
--------------------------------------------------------------------------
07ANRC121 August Anuoro North 694173 729678 20 21 1 2.81
50 57 7 1.66
--------------------------------------------------------------------------
07ANRC122 August Anuoro North 694108 729466 17 24 7 1.28
incl. 20 21 1 7.76
--------------------------------------------------------------------------
Notes:
1. All holes drilled by reverse circulation.
2. All assays reported are one metre intervals.
3. Assaying conducted by Transworld Laboratories, Tarkwa, Ghana using
industry standard 50g fire assay with AAS finish.
4. Reference standards, field duplicates and blank samples are routinely
inserted.
5. Quality control sampling comprises 10% of all samples submitted for
analysis.
6. Quality control sample results are monitored.
Beposo Main Zone:
Recent drill intersections have confirmed widths and grades from previous
drilling and extended bedrock gold mineralisation for 300 metres north of
current resource limit.
To view Section 718680, please visit www.amiresources.com.
Beposo South East Zone:
Recent drilling has confirmed high grade depth extensions.
To view Section 717850, please visit www.amiresources.com.
Anuoro North:
Recent drilling has confirmed the potential for large tonnage, low grade, non
refractory mineralisation:
To view Section 729680, please visit www.amiresources.com.
Due to rig capacity restrictions all RC drilling this year has been confined to
the near surface, oxide portions of each prospect. The company has booked a
diamond core rig to commence drilling depth extensions to all three prospects in
the last quarter of 2007. The high grade intersections recorded on both Beposo
prospects are robust shoots which are likely to be consistent down plunge for
considerable depths. These will be targeted by diamond drilling.
The North Ashanti Gold Project straddles fifteen kilometres of the Ashanti Gold
Belt and lies directly south of the Konongo Mining Lease, approximately twenty
kilometres west of Newmont's Akyem deposit (17m Ozs) and fifty kilometres
northeast of AngloGold Ashanti's Obuasi Mine (40m Ozs).
Simon Meadows-Smith, principal of SEMS Exploration Services Ltd., is the
qualified person responsible for the preparation of the technical information in
this news release.
On behalf of the Board of Directors,
Dustin A. Elford, President
AMI Resources Inc. (TSXV:AMU)
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