AAAM8 Dec 2010 07:17
· Resources and grade increased to 1.51 million ounces at 3.78 g/t Au
o 5,599,000t at 4.17 g/t (for 751,000 ounces) in the indicated category; and
o 7,040,000t at 3.40 g/t (for 762,000 ounces) in the inferred category
· Entire indicated resource is within potential open pittable depth from surface
· Management is targeting a production profile of approximately 100,000 ounce per year for the open pittable material
· Deposit remains open at depth and along strike
· Resource model will be incorporated into a Preliminary Economic Assessment this December