AMI Resources Inc. - Phase II exploration program at Sirba Gold Project
underway
TSX-V. AMU
VANCOUVER, May 12 /CNW/ - The Company (AMI Resources Inc. - TSX-V Symbol AMU) has received $348,000 from the exercise of warrants by Pinetree Resource Partnership, Pasquale DiCapo and PowerOne Capital Markets Limited and on behalf of management we extend our appreciation for their continued support. Proceeds from this funding will be used to initiate the next phase exploration program at the Sirba Gold Project in Niger, and for general working capital.
In preparation for the next drilling program as proposed in the April 2010 Reports, field investigations of trenching and drill pad preparations has already been initiated over the following identified target zones; Congo Toure, Maka, Tialkam South, Deba village, Kokolouko, Alfassi and Sefa Nangue.
The Company is earning a 51% interest in the Sirba Gold Project from Golden Star Resources Ltd. The Sirba Gold Project lies within the mineralized corridor on the Sirba Belt and borders Semafo's Samaria Hill mine to the NE and SW.
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.
We seek safe harbour.
"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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For further information: Dustin Elford, President, (604) 669-2901
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