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Amarillo Gold Corp.

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Summary

Project:

Mara Rosa

Deposit:Posse
Location:Brazil
Commodities:Gold
Date:2/12/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:12-2-2019: Amarillo Gold Corp. announces an Exploration/Drilling Update report for its Posse deposit at the Mara Rosa project. Drilling results incl. 46.0m @ 1.61g/t Au from 329m. TORONTO, Feb. 12, 2019 -- Amarillo Gold Corporation (“Amarillo” or the “Com
Resources:(Reserve, P+P): 23.8Mt @ 1.42g/t Au
CP/QP:[Overall Report]: Mike Mutchler (Internal)
ABSTRACT:TORONTO, Feb. 12, 2019 -- Amarillo Gold Corporation (“Amarillo” or the “Company”) (TSX.V: AGC) (OTCQB: AGCBF) is pleased to provide an update of results from its recently concluded in-fill drilling program at its Mara Rosa open-pit gold project (Mara Rosa Project or Posse Gold Deposit) in Goias State, Brazil. A total of 13,929 m of diamond drilling from 46 holes have been completed to date (see also results from 31 diamond drill holes in our Press Releases dated September 10, 2018, October 31, 2018 and January 7, 2019). Amarillo has completed the in-fill core drilling and has commissioned Australian Exploration Field Services (AEFS) to provide a resource update for the Posse Gold Deposit to be used in the Feasibility Study (FS) which commenced in January 2019. AEFS completed the last two Resource Updates for the Posse Gold Deposit. Three planned step-out exploration holes remain to be drilled totalling 1,150 m and are expected to be completed later this month. Assay results of 1.61 g/t Au over 46 m core from in-fill drill hole18P086 confirm better than average ore grade and deposit width in the southern section of the ore body. The links below provide access to the drill hole location map and drill Subsection 5 for reference:

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