Business

Amador Drills Gold and Nickel-Copper Targets at Loveland Project

Amador Drills Gold and Nickel-Copper Targets at Loveland Project

articleMene, Inc. Class BFebruary 27, 20095/company/mene-inc/news/amador-drills-gold-and-nickel-copper-targets-at-loveland-project
Amador Drills Gold and Nickel-Copper Targets at Loveland Project

About this update from Mene, Inc. Class B

[{"type":"text","content":"Amador Drills Gold and Nickel-Copper Targets at Loveland Project\n\n\n\nAmador Drills Gold and Nickel-Copper Targets at Loveland Project\n\nVancouver, British Columbia CANADA, February 27, 2009 /FSC/ - Amador Gold Corp. (AGX - TSX Venture, ADRGF - OTCBB_Pink_Sheets), (the \"Company') is pleased to announce that a drilling program scheduled to commence in early March will test two new gold discoveries and two historic nickel-copper zones at the Loveland Project near Timmins, Ontario.\n\nInitial exploration and drilling at the wholly owned Loveland Property has focused on the under-explored historic nickel-copper zones. The Cominco Zone contains a non-compliant NI 43-101 resource of 130,000 tons grading 0.68% nickel and 0.73% copper, while the Hollinger Zone contains a non-compliant NI 43-101 resource of 422,000 tons of 0.71% nickel and 0.42% copper.\n\nDuring the 2008 drill program, new gold mineralization was discovered within a 30-meter section of silicified granodiorite with quartz stringers, and 5% to 8% disseminated pyrite and arsenopyrite. Table 1 shows the mineralized intercepts returned by Discovery Hole LL-08-13.\n\nTable 1\n\n-***-\n\nHOLE       FROM (M)    TO (M)   DRILL HOLE        GRADE (G/T) \n                               INTERVAL (M) \n\n--------------------------------------------------------------\nLL-08-13   383.25      391.80      8.55              6.37\n--------------------------------------------------------------\n           403.00      413.40      10.40             7.69\n--------------------------------------------------------------\n*Including 410.30      413.40      3.10              10.39\n\n-****-\n\nThe gold mineralization ...

More updates from Mene, Inc. Class B