Featured Mining Stock AMI Resources Inc. (TSX.V:AMU) - West Africa Gold Stock, exploration and development on Investorideas.com and our mining portals
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Symbol: AMU

Exchange: TSX.V

Sector: Mining

Website: www.amiresources.com

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About AMI Resources Inc.

AMI Resources Inc. (TSX.V: AMU) is a publicly traded exploration and development stage company. AMI's approach to success is to evaluate and acquire advanced gold exploration projects either directly from the government or through purchases/options with other companies/individuals. AMI assumes the initial risks of mineral exploration. Should a resource be outlined AMI will look to a producing company for either a joint venture or outright sale. AMI has elected to concentrate its exploration activities in West Africa with projects currently in Ghana and Niger. Ghana has a long history of gold production and with a stable political climate, it makes for an excellent country for mineral exploration and exploitation. The North Ashanti Gold Project in Ghana is located approximately 25 km from Newmonts 8+ million ounce Akyem deposit and the Sirba Gold Project in Niger is 5 kilometres from Semafos producing Samira Hill gold mine.

 

 

 

Strategic Location - Ghana

The North Ashanti Gold Project is located on the prolific Ashanti Shear System which is host to several producing gold mines, the biggest being the =100 yr old Obuasi Mine, just 50 km to the south.

Newmont's +7 million ounce Akyem deposit located approximately 25 km to the southeast of the North Ashanti Gold Project is scheduled for production in the immediate future.

With a current NI43-101 compliant near surface resource of over 327,000 oz and several additional identified gold zones the North Ashanti Gold Project has the potential for a multi-million oz gold deposit.

 

Strategic Location - Niger

The Deba and Tialkam properties which make up the Sirba Gold Project are located in Western Niger at the Burkino Faso border in the Liptako Administrative Region and the project borders Semafo's producing Samira Hill gold mine.

The Samira Hill mine is made up of several satellite deposits and has been in operation since 2004, with remaining reserves of 631,000 ounces and a 1,293,000 ounce measured/indicated resource. (Source: Semafo Annual Information Form Dec. 31, 2008).

Several large gold zones on the Sirba Gold Project have been identified during previous exploration programs, Barrick Gold Corporation conducted a drilling program in 1998 and 1999, which was followed up by St. Jude Resources in 2004 and 2005.

 

Directors & Management

Mr. Dustin A. Elford
President, Chief Executive Officer and Director

Mr. Elford for the past 27 years has been a co-founder and a key individual in the development of a number of junior resource companies. Mr. Elford has extensive knowledge in the acquisition, funding and development of exploration/mining projects in Ghana, Colombia, El Salvador, Mexico, Canada and the United States.


Mr. William C. Pettigrew
Chief Financial Officer, Corporate Secretary and Director

Since 1983 Mr. Pettigrew has been a co-founder and a key executive in several start-up public companies. His expertise is in the organization, funding and administration of public companies both on the TSX, TSX Venture Exchange and NASDAQ. He has been involved with the acquisition and funding of mineral projects in Canada, United States, Venezuela and Ghana.


Mr. Raymond Mullaney
Independent Director

Mr. Mullaney began his career in 1976 as an entrepreneur and started his first SEC registered investment advisory firm in 1980. He has over thirty years of experience in the financial services industry including research analysis, stock selection, trading, investment strategy development, and portfolio management. He is the founder and president of the Mullaney Trust LLC a registered investment advisory firm based in Stamford Connecticut


Mr. Jay Sujir
Corporate Counsel, Independent Director

Mr. Sujir is the senior partner with Anfield Sujir Kennedy & Durno, a securities law firm with its head office in Vancouver, British Columbia. Mr. Sujir is a director on several public companies listed on the TSX Venture Exchange.


Mr. Ryan Cheung
Independant Director

Before starting his own advisory practice, Mr. Cheung spent several years in public practice providing assurance and advisory services for a prominent public accounting firm in Vancouver, British Columbia, Canada. Mr. Cheung graduated with an International Business degree from the University of Victoria, and is an active member of the Institute of Chartered Accountants of British Columbia. . Mr. Cheung brings a strong background in public company financial reporting, risk management, and strategic finance to the Board

 

Contact AMI Resources Inc.

Head Office:

Suite 888 609 West Hastings Street
Vancouver, British Columbia
Canada, V6B 4W4
Phone: (604)669-2901
Facsimile: (604)669-8922
Toll Free: 1-888-669-2901

Dustin Elford, President

William Pettigrew, C.F.O.

Contact Form


Operations Office:

AMI Africa Exploration Ltd.
17 Orphan Cresent
P.O. Box 11428
Accra North
Ghana
+23321 784124

Simon Meadows Smith

 

Mining News for AMI Resources Inc.:

AMI (TSX.V:AMU) Reports 24 Meters of 3.08 g/t Gold Northeast of Semafo's Hill Mine - March 10, 2010

AMI (TSX.V:AMU) - EXPLORATION UPDATE - February 24, 2010

AMI (TSX.V:AMU) - DRILLING UNDERWAY AT SIRBA GOLD PROJECT, NIGER - February 8, 2010

AMI (TSX.V:AMU) - DRILL CONTRACT SIGNED FOR EXPLORATION PROGRAM AT SIRBA GOLD PROJECT, NIGER - January 29, 2010

AMI (TSX.V:AMU) ANNOUNCES NEWMONT GRANTED AN OPTION TO EARN INTO THE ANUORO LICENSE - January 29, 2010

 

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Disclaimer: Corporate Profile as prepared and approved by featured company. 


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