Business
Smartstox.com Spotlights Developments by Amador Gold and Kalahari Resources
Smartstox.com Spotlights Developments by Amador Gold and Kalahari Resources
About this update from Mene, Inc. Class B
[{"type":"text","content":"\nSmartstox.com Spotlights Developments by Amador Gold and Kalahari Resources\n\n\n Oct. 19, 2009 (Baystreet.ca) -- Vancouver, British Columbia, Oct. 19, 2009. The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to important developments by Smartstox-profiled companies Amador Gold Corp. (TSX VENTURE: AGX) and Kalahari Resources Inc. (TSX VENTURE: KLA). Both companies are advancing their gold properties in the Abitibi Greenstone Belt.\nAmador Gold Corp. (TSX VENTURE: AGX) has a strong portfolio of properties in the West Timmins area and over the past several days they have announced drill plans for several of their holdings, including the Horwood project where Amador has discovered numerous high-grade gold showings on surface over approximately four square kilometres. Grab samples from the Horwood have graded as high as 75.0 g/t gold. Drilling will focus on a number of VTEM targets on strike with identified gold zones as well as follow up on a 2008 drilling intercept of 12.35 g/t gold over 2.4 meters. That intersection occurred near the bottom of the deepest hole in a 2008 program, but has never been followed up; the zone is open at depth.. \nSmartstox host Stanlie Hunt talked with Amador Gold's president, Richard Hughes, about the new enthusiasm for west Timmins exploration projects, and Amador’s own strong suite of projects in the area, in our new online interview available at http://www.smartstox.com/interviews/agx.\nKalahari Resources Inc. (TSX VENTURE: KLA) is advancing their 3,800 acre Lamaque Project which lies immediately south of the Lamaque and Sigma mines, on the outskirts of Val d’Or, Quebec. There already is an NI 43-101 resource calculated for the property, and subsequent diamond drill programs have successfully defined extensions along strike and down-dip of known gold zones. Kalahari recently announced that they had optioned a 7.3 hectare claim which lay internal to their project boundary; the claim is significant as it is believed to contain the extension of the high priority “T-8 anomaly” gold target. Kalahari had drilled on the western limit of the anomaly in 2006 and intersected 6.9 oz/ton over 2.9 feet between 966.7 and 969.6 ft., as well as 0.19 oz/ton over 22 ft. between 271.3 and 293.3 ft.\nStanlie Hunt discussed Kalahari’s plans f...