Welcome to Amarillo Gold Corp.
Amarillo Gold Corp. is a gold exploration company committed to building shareholder value by focusing on discovery and development of gold resources in Brazil. The Company’s prime asset is the Mara Rosa Gold Project (100% owned) in central Brazil, which holds 1,174,900 ounces Au at 1.75 g/t (M+I) and 156,400 ounces Au at 1.34 g/t (Inferred)*.
Amarillo is currently focused on the permitting process at Mara Rosa. Once the permit is in hand, the Company will be in a unique position as one of the few companies in the world with a permitted, low-cost 1M ounce gold deposit in proximity to highway/infrastructure.
The Company is fully aware of the challenges facing any resource company at this day and age. Amarillo Gold sees these challenges as a great opportunity. The devaluation of the Brazilian currency has lowered the capital and operating cost and gold is at record high projected prices. This is the time to build, to be ready for the next upturn in the oversold resource sector.
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, including the Butia prospect which now holds over 500,000 ounces of gold (Indicated & Inferred).
*As per 43-101 PreFeasibility Study January 2012, Coffey Geotechnics