Share Price: 0.65Gold (USD): 1096.50

Corporate Information

Amarillo Gold Corp. is a company focused on the acquisition, definition and discovery of gold resources in Brazil. Its principal projects are the Mara Rosa project in the state of Goiás and the Lavras do Sul project in the state of Rio Grande do Sul. The Posse Deposit at Mara Rosa was found by an independent 43-101 compliant preliminary economic assessment study carried out by CCIC to contain 643,000 ounces indicated from 13.5MTonnes @ 1.48 g/t Au, 538,000 ounces inferred from 13.0MTonnes @ 1.26 g/t Au at a 0.5g/t cut-off grade and the project is in the economic evaluation stage.  The Posse deposit is located in an area of excellent infrastructure located some 35 km NE of Yamana’s Chapada open pit Cu-Au operation, 105 km NE of Serra Grande’s underground Au mine, 105 km NNW of Anglo American’s nickel laterite project (in construction), 95 km NW of Votarintim’s Niquelandia nickel laterite mine and approximately 60 kms NE of Yamana’s Pilar Au project (in feasibility). Grid power to the site was established during the previous open pit mining operation and the Serra da Mesa hydro-electric dam lies 35 km to the east.

Our Vision

Amarillo's vision is to be the leading junior gold exploration and mining company in Brazil. Additionally, Amarillo is committed to the concept of gold as money. We believe that gold today remains misunderstood and undervalued, and that this will change, perhaps soon.

Our Mission

Our mission is to build in-ground, reserves for future development in one of the world’s most promising emerging markets. Declining reserves by the majors producers and fewer major discoveries will enhance the importance of junior mining and exploration companies, such as Amarillo, which are focused on building reserves in politically stable and accessible regions of the world.

Our Management

Amarillo Gold Corporation has combined the right blend of professionals with experience in balancing Mining Activities with Community Development. Learn more about our team of seasoned experts.

Our Strategy

Amarillo's objective is to acquire, discover and define gold resources in Brazil. In order to realize these objectives, Amarillo has undertaken to do the following:

  • Continue to build ounces at Mara Rosa and Lavras do Sul, and upgrade and enhance these deposits by drilling.
  • Make new discoveries by applying advanced exploration techniques over selectively targeted terrains.
  • Acquire new properties by leveraging our strong local presence and inter-company networking within the Brazilian mining community.
  • Complete a scoping study on Mara Rosa.
  • Get our story out, by developing a presence at key industry gatherings and improving our investor relations efforts.