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VANCOUVER, BC - AMADOR GOLD CORP. (TSX-V:AGX) is pleased to announce, subject to the approval of the TSX Venture Exchange, the extension of the term and reduction of the exercise price of 4,482,069 warrants issued by the Company which currently expire on April 21, 2010 (the "Warrants"). The expiration date of the Warrants will be extended for an additional three years expiring on April 21, 2013 The exercise price will be $0.10 for the third year, $0.15 for the fourth year and $0.20 for the fifth year.
The Company would also like to announce, subject to the approval of the TSX Venture Exchange, the extension of the term and reduction of the exercise price of 6,822,750 warrants issued by the Company which currently expire on May 15, 2010 (the "Warrants"). The expiration date of the Warrants will be extended for an additional three years expiring on May 15, 2013. The exercise price will be $0.10 for the third year, $0.15 for the fourth year and $0.20 for the fifth year.
The Board of Directors announces that James McDonald has resigned as a director of the Company effective March 17, 2010. The Board of Directors is also pleased to announce the appointment of Diana Mark as Corporate Secretary and Kathi Bartels as Assistant Corporate Secretary.
About Amador Gold
Amador has assembled a portfolio of more than 20 properties of exceptional merit in established mining camps and emerging mineral districts of Canada. These projects include the Loveland gold-copper-nickel project program and the Horwood gold project.
Contact Information
Corporate Inquiries:
Kevin Hull or Alan Campbell, Investor Relations
Phone: (604) 685-2222
Email: info@amadorgold.com
Website: www.amadorgoldcorp.com
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Horwood Project 2009 Diamond Drilling (assays greater than 1.0 g/t Gold)
|
Hole No
|
from
|
to
|
length
|
g\t Gold
|
Comments
|
|
H09-01
|
154.30
|
154.70
|
0.40
|
1.71
|
Bend Zone, silicified shear zone
|
|
H09-01
|
204.20
|
205.10
|
0.90
|
1.42
|
Bend Zone, silicified shear zone
|
| |
|
|
|
|
|
|
H09-04
|
67.80
|
68.40
|
1.00
|
1.19
|
Labbe Zone,silicified QFP
|
|
H09-04
|
37.90
|
38.40
|
0.50
|
9.93
|
Labbe Zone,silicified QFP
|
|
H09-04
|
47.90
|
48.90
|
1.00
|
1.14
|
Labbe Zone,silicified QFP
|
|
H09-04
|
50.80
|
51.50
|
0.70
|
4.57
|
Labbe Zone,silicified QFP
|
| |
|
|
|
|
|
|
H09-05
|
66.80
|
67.20
|
0.40
|
1.08
|
Labbe Zone,silicified QFP
|
| |
|
|
|
|
|
|
H09-06
|
14.50
|
15.20
|
0.70
|
1.11
|
Labbe Zone,silicified QFP
|
|
H09-06
|
40.70
|
41.80
|
0.90
|
1.34
|
Labbe Zone,silicified QFP
|
|
H09-06
|
45.20
|
45.80
|
0.60
|
1.28
|
Labbe Zone,silicified QFP
|
|
H09-06
|
49.70
|
50.10
|
0.40
|
1.12
|
Labbe Zone,silicified QFP
|
|
H09-06
|
79.20
|
80.00
|
0.80
|
4.89
|
Labbe Zone,silicified QFP
|
| |
|
|
|
|
|
|
H09-07
|
72.00
|
73.00
|
1.00
|
1.29
|
silicified, Quartz veining, IP anomaly
|
|
H09-07
|
73.00
|
74.00
|
1.00
|
1.44
|
silicified, Quartz veining, IP anomaly
|
| |
|
|
|
|
|
|
H09-09
|
21.30
|
22.30
|
1.00
|
1.07
|
silicified, Quartz veining, IP anomaly
|
|
H09-09
|
27.30
|
28.30
|
1.00
|
1.23
|
silicified, Quartz veining, IP anomaly
|
| |
|
|
|
|
|
|
H09-12
|
73.60
|
74.10
|
0.50
|
1.52
|
silicified, Quartz veining, IP anomaly
|
|
H09-12
|
75.00
|
75.90
|
0.90
|
1.01
|
silicified, Quartz veining, IP anomaly
|
| |
|
|
|
|
|
|
H09-14
|
28.90
|
29.90
|
1.00
|
1.11
|
silicified, Quartz veining, IP anomaly
|
|
H09-14
|
86.20
|
86.60
|
0.40
|
1.95
|
silicified, Quartz veining, IP anomaly
|
|
| |
You can view the Previous News Releases item: Thu Mar 4, 2010, AMADOR GOLD CORP. ANNOUNCES RESULTS FROM PHASE ONE OF HORWOOD DRILL PROGRAM, PLANS PHASE TWO
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