Multi-Metal Company Exploiting Prominent Ontario Regions

Significant new gold discovery on surface at Loveland (11.48 g\t gold) over 400 meters away from the only other known gold zone (6.37 g/t over 8.55 m & 10.39 g/t over 3.1 m)

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posted on Jun 03, 2009 08:17AM

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711-675WEST HASTINGS STREET

V

ANCOUVER, B.C. CANADA V6B 1N2

T

ELEPHONE: 604-685-2222

F

AX: 604-685-3764

WWW

.AMADORGOLDCORP.COM

FOR IMMEDIATE RELEASE: June 3, 2009 TSX-V:AGX

AMADOR GOLD ANNOUNCES FOLLOW-UP WORK PLANNED

ON HORWOOD MASSIVE SULPHIDE INTERSECTION

VANCOUVER, BC –

Amador Gold Corp

. (the ‘Company’) (TSX-V:AGX) is pleased to

announce it will be commencing follow-up exploration work on volcanogenic massive

sulphide-style (VMS) mineralization on the Horwood property. The VMS mineralization was

discovered in a 2008 drill program which also intersected 12.35 g/t Au over 2.4 meters.

The Horwood property is located approximately 75 km southwest of Timmins, Ontario.

Hole AGX-08-24 intersected

1.3 meters of massive sulphides grading 4.47%

copper and 2.03% zinc

from 74.7 to 76 meters.

Hole AGX-08-29 returned 1.69% copper and 1.31% zinc over 0.3 meters,

while

Holes AGX-08-23 and AGX-08-25 to 28 returned anomalous copper and zinc values.

Down-hole geophysical surveys indicate both in-hole and off-hole anomalies. Similar

VTEM anomalies are known on the property but are yet to be tested.

Drill hole From To Meters (Drilled Width) Cu (%) Zn (%)

AGX-08-23 80.4 84.0 3.6 0.42 0.16

AGX-08-24 74.7 78.5 3.8 1.7 1.1

Including 74.7 76.0 1.3 4.45 2.85

AGX-08-25 118.9 119.5 0.6 0.14 N.S.V.

AGX-08-26 N.S.V.

AGX-08-27 30.4 36.0 1.6 0.28 N.S.V.

AGX-08-28 33.5 34.0 0.5 0.29 N.S.V.

AGX-08-29 101.9 108.0 6.1 0.21 0.08

Including 101.9 102.1 0.3 1.69 1.31

Dr. George Hudak, an Associate Professor at the University of Wisconsin Oshkosh and

established researcher on volcanogenic massive sulphide deposits, has re-logged diamond

drill holes AGX-08-23 and AGX-08-24. The massive sulfide mineralization occurs at a

compositional transition from mafic to felsic volcanism, and is typical of VMS-style

mineralization. The hangingwall of the massive sulfide mineralization is composed of chert

exhalites interbedded with laminated to thin-bedded felsic tuff horizons. The massive

sulfide intersection comprises pyrite, pyrrhotite, sphalerite, and chalcopyrite.

“The discovery of VMS mineralization on Horwood combined with recent gold values

significantly increases the potential of the project,” comments Company president, Richard

Hughes. “Although gold remains our primary focus on the Horwood property, follow-up

work is also being done on the VMS zone to further assess its potential.”

Recent prospecting and sampling on the property also resulted in the discovery of new gold

showings about 2 km east of the Bend and Gabbro Zones discovered in late 2006.

Grab samples from quartz veins within gabbros returned values of 17.30 g/t

(grams

per tonne)

gold, 22.72 g/t gold and 19.68 g/t gold

.

The style of mineralization is similar to deposits in the Timmins camp that have collectively

produced more than 60 million ounces of gold during the past century.

More than 90% of the Horwood Property is covered by overburden. Amador plans to

continue exploration on strike of the gold and massive sulphide zones to identify areas

where the gold and base metals may be concentrated into high-grade shoots or wide lowgrade

gold zones amenable to open-pit mining methods. Ground and airborne VTEM surveys

will be used to help guide future drilling to test stratigraphy and structural and geological

traps where gold and base metals deposits may occur.

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.

For information on active projects and to see Smartstox interviews with Company President,

Richard Hughes, please visit the Company’s website at

www.amadorgoldcorp.com

.

Contact Information

Corporate Inquiries: Kevin Hull, Investor Relations

Phone: (604) 685-2222

Email:

info@amadorgold.com

Website:

www.amadorgoldcorp.com

AGORACOM Investor Relations:

Email:

AGX@agoracom.com

Website:

http://www.agoracom.com/ir/Amador

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.

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