Showing posts with label AMI (TSX.V:AMU). Show all posts
Showing posts with label AMI (TSX.V:AMU). Show all posts

Wednesday, March 10, 2010

AMI (TSX.V:AMU) reports 24 meters of 3.08 g/t gold northeast of Semafo's Samira Hill Mine

AMI (TSX.V:AMU) reports 24 meters of 3.08 g/t gold northeast of Semafo's Samira Hill Mine


Vancouver, B.C. - March 10, 2010 - The Company has received encouraging drill results from the first 5 holes of its 25 RC hole drill program at the Sirba Gold Project in Niger.

See full news -  http://www.investorideas.com/CO/AMU/news/3101.asp
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Friday, January 29, 2010

AMI (TSX.V:AMU) ANNOUNCES NEWMONT GRANTED AN OPTION TO EARN INTO THE ANUORO LICENSE

AMI (TSX.V:AMU) ANNOUNCES NEWMONT GRANTED AN OPTION TO EARN INTO THE ANUORO LICENSE

Category: Investment, Gold, Mining

Vancouver, B.C. – January 29, 2010 - The Company, through its operating subsidiary AMI Africa Exploration Ltd. (“AMI”), wishes to announce that it has entered into an agreement with Newmont Ghana Gold Limited (“Newmont”), a subsidiary of Newmont Mining Corporation (NYSE:NEM). Under the agreement Newmont has the right to earn an initial 51% interest in the Anuoro license by spending US $2 million in work expenditures and property payments during the first 3-year period. A minimum of US$550,000 in work expenditures and property payments is required in the first year.



Upon Newmont earning a 51% interest, both AMI and Newmont will enter into a Joint Venture Agreement under which Newmont will have 90 days in which to elect to increase its interest in Anuoro to 75% by spending an additional US $2 million in work expenditures and property payments over the next two-years.

With the recent 2-year renewal of the 129 sq km Anuoro license, AMI welcomes Newmont’s regional expertise and financial resources to further develop this project.

We seek safe harbor.

For further information contact Dustin Elford, President at 604-669-2901

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Disclosure
AMU is a new showcase company on Investorideas.com and pays online advertising fees to be showcsed .
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Resource investors can research gold and mining 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.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp


Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.

Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.