Category: Investment, Gold, Mining

AMI (TSX.V:AMU) - EXPLORATION UPDATE

Vancouver, B.C. - February 24, 2010 - The Company wishes to announce that it has completed 1292 metres over four target zones at the Sirba Gold Project in Niger. Samples from these holes have been sent to SGS Labs in Ouagadougou for fire assay.

A further 11 holes are planned over the Sefa Nangue zone, where from 1990-93 the Japanese International Cooperation Agency (“JICA”) carried out geological mapping, regional soil geochemistry, ground electromagnetic and core drilling which according to a JICA report contained a National Instrument 43-101 non-compliant historical resource of 2.4 million tonnes grading 2.06 g/t gold:

Resource estimations by JICA for the Sefa Nangue prospect were:

Claude Jobin, P.Eng M.Sc. AMI’s consulting geologist, who is a qualified person within the meaning of National Instrument 43-101, has reviewed the scientific and technical information contained in this press release. However a qualified person has not done sufficient work to classify the above historical estimate as a current mineral resource. The Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

Also the Company wishes to report that Newmont has mobilized a crew to the Anuoro concession in Ghana to begin their exploration program to earn an initial 51% interest under the previously reported AMI/Newmont Option Agreement.

We seek safe harbour.

Contact: Dustin Elford, President (604) 669-2901

"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."

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