TSX-V: AGC | OTC: AGCBF
Overview
Amarillo Gold is a Canadian junior gold exploration company that is developing advanced gold projects and exploring for gold in Brazil. The company has two advanced development projects - Mara Rosa and Lavras do Sul - as well as some earlier stage exploration projects.
Projects
Mara Rosa - Located in the state of Goias, Mara Rosa hosts an inferred resource of 974,000 ounces of gold (0.5 g Au/t cut-off). Metallurgical testing commenced in September of 2009 and results from that testing will be an integral part of the pre-feasibility study which is planned for the first half of 2010.
Lavras do Sul - the Lavras do Sul project is located in the southern states of Rio Grande do Sul and hosts nineteen highly prospective targets, including: Butia, Cerrito and Caneleira. Butia is one of the more advanced targets and drilling by Amarillo there has yielded results including: 232m @ 1.95 g/t Au and 120m @ 3.23 g/t Au. Another round of drilling (5000m+) was initiated in mid-October 2009.
Share Structure
Outstanding: 56,100,000
O/S Options: 2,450,000 (avg. price is $0.82)
Fully Diluted: 58,550,000
Resources
Amarillo Gold web site
Amarillo Gold Corporate Presentation (Sept 2010)
Exploration Update on Lavras do Sul (Oct 2009)
Amarillo Gold 2008 Annual Report
The Golden Sextant - Dedicated to the fight for sound, constitutional money.
Interview with Amarillo COO Rick Brown (Sep 2009)
Images
Brazil project locations
Mara Rosa Location Map
Posse deposit
Posse cross-section
The Lavras do Sul Project
Butia drill map (LdS)
Photos from the Ourolandia area by Marcos Vinícius
Photos from the Lavras do Sul area
Charts: Daily - Weekly - Monthly
Photos
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