Amador Gold Corp. Commences Drilling on Loveland Gold/Copper/Nickel Project West of Timmins

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 7, 2010) - Amador Gold Corp. (TSX VENTURE:AGX) (the "Company") is pleased to announce it has commenced diamond drilling on its wholly owned Loveland Property, located approximately 35 kilometers northwest of Timmins, Ontario. The initial program consists of approximately 1500 meters of diamond drilling on a number of VTEM targets with similar characteristics to those associated with the historic Hollinger and Cominco Zones.

The Cominco Zone contains a non-compliant NI 43-101 resource of 130,000 tons grading 0.68% Ni and 0.73% Cu and is located approximately 1.5 km northwest of the Hollinger Zone which contains a non-compliant 43-101 resource of 422,000 tons grading 0.71% Ni and 0.42% Cu.

To view a map of the Loveland Property showing VTEM anomalies and target locations please click on the following link:

http://www.brmstatpack.com/track/1001/1001

On May 21, 2009 the Company announced results on drilling of VTEM conductor clusters similar to those found above the Cominco Zone and Hollinger Zones. Conductor B had an intercept of 1.02% combined Ni/Cu over 5.4 meters and Conductor C returned anomalous nickel and copper values. Both clusters remain open downdip and on strike.

A qualified person has not done sufficient work to classify the Cominco and Hollinger historical estimates as current mineral resources. The Company is not treating the historical estimates as current mineral resources and the historical estimates should not be relied upon.

Peter Caldbick, P.Geo. is the qualified person for the purposes of National Instrument 43-101 for the Company's Loveland Project. The technical contents of this news release has been reviewed and approved by Peter Caldbick.

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. These projects include the Loveland gold-copper-nickel project program and the Horwood gold project.

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.