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Amera prepares to test Fatima and Central zones
Amera Resources Corp (TSX-V:AMS)
Shares Issued 16,207,917
Last Close 9/6/2005 $0.54
Wednesday September 07 2005 - News Release
Mr. Nikolaos Cacos reports
AMERA DISCOVERS ADDITIONAL HIGH GRADE GOLD ON CRUZ DE MAYO PROPERTY, PERU
Amera Resources Corp. is providing an update on surface rock sampling for its 3,000-hectare road-accessible Cruz de Mayo gold-copper project in southern Cuzco department, Peru. The property is located in a mining district known for both epithermal gold and porphyry copper deposits. The high-profile Liam epithermal gold project of Newmont Peru Ltd./Southwestern Resources Corp. is located 50 kilometres to the southwest while BHP Billiton's Tintaya copper-gold-silver deposit is located 60 kilometres to the southeast. Amera is the first company to systematically use modern exploration techniques on this project.
Fatima gold target
Fatima is a bulk tonnage target with potential for bonanza-grade veins as it comprises multiple higher-grade gold-bearing shears and veins enveloped by lower-grade material. The zone occurs in a northwesterly oriented trend of alteration and veining which is at least 1.2 kilometres in length and up to 600 metres wide. Within this target area, historical mining activity is evident in a series of trenches and dams that were used in a placer operation to wash gold from the bedrock. The structures are strongly oxidized at surface and all sulphide minerals have been leached. Results reported in the table below were collected within an area measuring 550 metres by 450 metres.
Central zone porphyry copper-gold target
The Central zone bulk-tonnage porphyry Cu-Au (copper-gold) target is located in the south-central part of the property. Malachite-stained copper-bearing sandstone has been mapped over an area of approximately 300 metres by 700 metres. Several gold-bearing shears which cut the copper-bearing sandstone were historically mined for gold in this area. Sample results reported below were collected from outcrops and historical trenches within a surface area measuring 300 metres by 500 metres
Preparations are under way to carry out soil auger geochemical surveys over the areas of the Fatima and Central zones to identify extensions and buried anomalous areas for trenching and subsequent drill testing. Simultaneously a program of detailed geological and structural mapping, and further rock sampling will be carried out over the mineralized zones to delineate controls to mineralization. As well a systematic evaluation of the unexplored southwest and northern part of the property will be carried out.
Analyses for the samples reported herein were performed by ALS Chemex Laboratories, an internationally recognized assay service provider, in Lima, Peru and North Vancouver, Canada. Work reported on in this released was carried out under the direction of Piotr Lutynski, MSc, PEng. The technical information contained in this release has been reviewed by Dr. David A. Terry, PGeo, vice-president exploration, for Amera, a qualified person as defined in National Instrument 43-101.
© 2005 Canjex Publishing Ltd.
