Investorideas.com newswire, commentary for mining sector

Tuesday, August 31, 2010

Investorideas.com - Mining Stocks; AMI Resources Inc. (TSX.V:AMU) - 7100 metre drill program at Sirba Gold Project, Niger

Investorideas.com - Mining Stocks; AMI Resources Inc. (TSX.V:AMU) - 7100 metre drill program at Sirba Gold Project, Niger



VANCOUVER - August 31, 2010 (Investorideas.com Mining Stocks Newswire) - The Company (AMI Resources Inc. - TSX-V Symbol AMU) has entered into a 7100 metre drill contract with G.X. Mines, s.c.p. Niger. The drill program will include both RAB and RC drilling to test a number of already identified mineralized zones on both the Deba and Tialkam licenses, which border Semafo's Samira Hill Gold Mine in Niger, West Africa.


The Congo Toure Target: Previous holes drilled at Congo Toure confirm the presence of several gold intersections in volcanic rocks associated to the gabbroic complex. This next drill program is proposed along an East-West fence profile that will intersect potential gold mineralization along the N45 degrees - N55 degrees geological trend and the N130 degrees - N140 degrees tectonic features. The ten RC holes at a depth of 100m will look for an extension of the gold mineralization along a N135 degrees trend, while the 1,888m of RAB drilling will search for additional gold bearing zones.


The Tialkam South Target: Previous drill holes at Tialkam South with intersections of 24m (at) 3.08 g/t Au and 8m (at) 1.08 g/t Au have extended the continuity of mineralization over 300 m to the NE. A fence profile of 7 RC holes is proposed to confirm the extension along this trend.
The Deba Village Target: In this target, soil geochemistry has identified clusters of gold anomalies within an area of approximately 2 km in diameter where trenching and drilling encountered several gold intersections. Mineralized zones at Deba could be along a N135 degrees tectonic feature, as at the Samira/Libiri and Koma Bangou deposits, this probability and extensions of mineralization will be checked by 22 RAB holes along an East-West fence profile.
The Kokoloukou Target: Previous drilling (i.e.: 12m of 0.90 g/t Au and 11m of 1.20 g/t Au) and artisanal mining sites further south suggest the presence of another mineralized zone that will be investigated by 384m of RAB drilling.



The Alfassi Target: This drilling target is a soil geochemical anomaly which is the NS alignment of several similar clusters along the Niger/Burkina Faso border and the Songori deposit in Burkina Faso. The 12 holes totaling 384m along fence profile will check its gold potential.


The Sefa Nangue Target: At Sefa Nague previous RC drilling encountered several narrow gold intersections some ranging from 10m to 18m. JICA, a Japanese agency reported a NI43-101 non-compliant resource of 2.4 metric tons grading 2.06 g/t Au from 5,126m of core drilling. The mineralized zone about 500m wide has likely a lateral extension where more prolific gold zones could be located, three fence lines of RAB drilling have been planned on both sides.
The Geotem Target: A GEOTEM conductor in the lower SW corner of the Tialkam license is probably the same graphitic horizon containing Semafo's Libiri deposit that could have been displaced by NNE trending faults. A fence profile of 13 RAB drill holes will check the probable extension of the Libiri/Libdorado mineralization into the Tialkam license.
Conclusion: The Semafo's Samira Hill deposit, the first economic gold deposit in Niger, is located along a corridor of gold mineralization in the Sirba belt which is almost entirely covered by the Tialkam and Deba licenses and certainly a very favorable area for the next discovery, figure below.
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. Please click here to view: http://files.newswire.ca/872/AMI.doc
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


Visit the AMU showcase profile at Investorideas.com Request News and Info on AMU Disclosure, Disclaimer/
AMU is a paid advertising client on Investorideas.com and our mining portals( five hundred per month)

More Info:
Published at www.Investorideas.com - Global research by sectors
If you have any questions regarding information in this press release please contact the company listed in the press release.

Disclaimer: The following news is paid for and /or published as information only for our readers. Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.aspInvestorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.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 1100 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