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Category: Investment, Gold, Mining
AMI (TSX.V:AMU) Reports 24 Meters of 3.08 g/t Gold Northeast of Semafo's Hill Mine
Vancouver, B.C. - March 10, 2010 (Investorideas.com Mining newswire) - 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.
All lengths are down-the-hole lengths; additional information is required to determine true widths. Samples are 1 m samples fire assayed at SGS Labs in Ouagadougou, Burkina Faso.
The above drill results are from two zones located northeast of Semafo's recently announced March 8th, 2010 discovery at their Libdorado North Zone. (5.59 g/t Au over 10 m and 5.11 g/t Au over 11 m). AMI's Tialkam permit now under option from Golden Star borders, Semafo's Libiri open pit mine.
The Company is also pleased to announce the appointment of Mr. Raymond Mullaney to its board of directors. 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.
The Company under its Stock Option Plan has granted to directors and senior employees 2,000,000 hares at $0.20 per share for a period of 5 years.
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
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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