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
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Dustin Elford, President, (604) 669-2901
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