Thursday, June 30, 2011

Industry Watch: Amarillo Gold expecting PFS results on Brazilian Mara Rosa project in coming weeks

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June 27, 2011: Big Al sits down with Buddy Doyle, President & CEO of Amarillo Gold and discusses Amarillo's upcoming Pre-Feasibility Study for the Mara Rosa gold project in Brazil, as well as updates Al on the Lavras Do Sul project.

Amarillo Gold Corp. is a mineral exploration company committed to building shareholder value by focusing on the acquisition, discovery, and development, of gold resources in Brazil. The Company's prime asset is the Mara Rosa Gold Project (100% ownership) in central Brazil, which holds 623,000 ounces Au (indicated) and 451,000 ounces Au (inferred) with infill drilling and a Pre-Feasibility Study currently underway as Mara Rosa progresses toward development.

Amarillo Gold's advanced exploration stage project is the Lavras do Sul Gold Project located in southern Brazil. Lavras do Sul is the largest land package (190 assembled in the 300 year mining history of the Lavras Intrusion which contains many old gold workings. To date Amarillo has tested 5 of the 19 known prospects at Lavras do Sul and 4 of these have returned significant gold values.

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