New management team is putting this asset back on the radar. Ability to raise capital with strong shareholder support. 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 sq.km.) 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. Exploration drilling continues at both Mara Rosa and Lavras do Sul. Amarillo Gold stands apart from its peers in that all of the Company’s projects, including Santo Antonio and Ourolandia, are located near excellent infrastructure; roads, power, communications, and experienced mining labour are all remarkably close at hand.
