Investorideas.com newswire, commentary for mining sector

Wednesday, May 12, 2010

Gold Stocks; AMI Resources Inc. (TSX.V:AMU) - PHASE II EXPLORATION PROGRAM AT SIRBA GOLD PROJECT UNDERWAY

AMI Resources Inc. (TSX.V:AMU) - PHASE II EXPLORATION PROGRAM AT SIRBA GOLD PROJECT UNDERWAY


Vancouver, B.C. – May 12, 2010 (Investorideas.com Mining stocks newswire) - AMI Resources Inc. (TSX.V: AMU) has received $348,000 from the exercise of warrants by Pinetree Resource Partnership, Pasquale DiCapo and PowerOne Capital Markets Limited and on behalf of management we extend our appreciation for their continued support. Proceeds from this funding will be used to initiate the next phase exploration program at the Sirba Gold Project in Niger, and for general working capital.

In preparation for the next drilling program as proposed in the April 2010 Reports, field investigations of trenching and drill pad preparations has already been initiated over the following identified target zones; Congo Toure, Maka, Tialkam South, Deba village, Kokolouko, Alfassi and Sefa Nangue.



The Company is earning a 51% interest in the Sirba Gold Project from Golden Star Resources Ltd. The Sirba Gold Project lies within the mineralized corridor on the Sirba Belt and borders Semafo's Samaria Hill mine to the NE and 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.

We seek safe harbour.
Contact:
Dustin Elford,
President

(604) 669-2901

Disclosure: AMU is a paid advertising client on Investorideas.com and our mining portals.
Visit the AMU showcase profile at Investorideas.com
http://www.investorideas.com/CO/AMU/

Request News and Info on AMU

Published at Investorideas.com and www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® 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.
http://www.investorideas.com/About/Disclaimer.asp

________________________________________________
More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog:
Visit Investorideas.com leading mining portals - www.gold-miningstocks.com and www.miningsectorstocks.com 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 investorideas.com mining stock directory lists over 1000 publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Post a Comment

Investorideas.com mining stocks newswire