Wednesday, May 05, 2010

AMI Resources Inc. (TSX.V:AMU) - Results & Recommendations; Sirba Gold Project in Niger

AMI Resources Inc. (TSX.V:AMU) - Results & Recommendations

VANCOUVER - May 5, 2010 ( Mining newswire) - AMI Resources Inc. (TSX-V: AMU) - The Company has received and posted on its website the final drill reports on both the Tialkam and Deba license that make up the Sirba Gold Project in Niger.

Tialkam License - Eight reverse circulation ("RC") holes totaling 808m were drilled at Congo Toure and Tialkam South prospects. The holes drilled at Congo Toure confirm the presence of gold mineralization in volcanic rocks associated to the gabbroic complex. The next drill program is proposed along an East West fence that will intersect potential gold mineralization along the N45 degrees - N55 degrees geological trend and the N130 degrees - N140 degrees tectonic features.

The drill holes at Tialkam South with intersections of 24m (at) 3.08 g/t have confirmed the mineralization from the historic drill holes, while the intersection of 8m (at) 1.08 g/t in TSR004 has extended its continuity over 300 m to the NE. Two fence lines of RC holes are proposed to confirm the extension along this trend.

A GEOTEM generated prospect in the lower SW corner of the Tialkam license is probably the same graphitic horizon as Semafo's Libiri deposit but was displaced by NNE trending faults. A fence profile of 13 drill holes will check the probable extension of the Libiri/Libdorado mineralization into the Tialkam license. The Semafo Samira Hill deposit is the first economic gold deposit in Niger and the corridor of gold mineralization in the Sirba belt partly covered by the Tialkam and Deba license is a very favourable area for the next discovery. See attached map.

Deba License - Seventeen RC holes totaling 1,375m were drilled at Deba village, Kokoloukou and Sefa Nangue, three of the 5 known prospects on this license. The main objective of this program was to confirm and extend the gold mineralization identified in historic drill holes.

In the Deba village prospect, soil geochemistry has identified clusters of gold anomalies within an area of approximately 2 km in diameter where trenching and drilling encountered gold mineralization.

At Sefa Nague the RC drilling encountered several narrow gold intersections some ranging from 10m to 18m. The core drilling in the mid nineties by Japan Intergovernmental Cooperation Agency (JICA) also intersected a multitude of quart veins oriented E-W. JICA reported a NI43-101 non-compliant resource of 2.4 m tons grading 2.06 g/t Au from 5,126m of core drilling. The mineralized zone about 500m wide has likely a western extension where more prolific gold zones could be located. A prolongation of the gold mineralization toward the NW is incidentally supported by atisanal mining sites and the curvature of the quartz veins in that direction. RAB drilling is proposed in the most promising NW area and trenching for reconnaissance toward the SW.

Claude Jobin, P.Eng M.Sc. AMI's consulting geologist, who is a qualified person within the meaning of NI43-101, has reviewed the scientific and technical information contained in this press release. An exploration program and budget is currently being designed to further test the above prospects on both the Tialkam and Deba licenses.

We seek safe harbour.
"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."

For further information: Dustin Elford, President (604) 669-2901

Disclosure: AMU is a paid advertising client on and our mining portals.
Visit the AMU showcase profile at
Request News and Info on AMU

Published at and and, portals within the® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.

More mining stocks info from and our Gold and Mining Stocks Blog:
Visit leading mining portals - and to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The mining stock directory lists over 1100 publicly traded mining stocks for investors. Preview the directory here :
Post a Comment