Share Price: 1.09Gold (USD): 1726.3501

News

December 6, 2005
Amarillo Gold Corporation: Phase 1 Drilling at Mara Rosa Gold Project, Brazil, Underway

Amarillo Gold Corporation (TSX VENTURE:AGC) announces that the first phase drilling program of 1,250-meters of diamond drilling at its 100% owned Mara Rosa Gold Project is underway. The program is designed to enhance the "open pittable" higher grade gold zones defined by previous drilling programs. These programs were conducted by the project's prior owners, mainly Western Mining Corp. and a subsidiary of BHP. (refer to company news release Aug 25, 2005). The project is located in Goias State of Brazil in an area of good infrastructure a few kilometres from the rural village of Mara Rosa. As announced in an earlier press release, Amarillo has successfully acquired the Mara Rosa Gold Project from Denver based Metallica Resources Inc. The project encompasses 45,385 hectares within 3 mining leases and 19 exploration permits.

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December 6, 2005
Amarillo Gold Corporation: Phase 1 Drilling at Mara Rosa Gold Project, Brazil, Underway

Amarillo Gold Corporation (TSX VENTURE:AGC) announces that the first phase drilling program of 1,250-meters of diamond drilling at its 100% owned Mara Rosa Gold Project is underway. The program is designed to enhance the "open pittable" higher grade gold zones defined by previous drilling programs. These programs were conducted by the project's prior owners, mainly Western Mining Corp. and a subsidiary of BHP. (refer to company news release Aug 25, 2005). The project is located in Goias State of Brazil in an area of good infrastructure a few kilometres from the rural village of Mara Rosa. As announced in an earlier press release, Amarillo has successfully acquired the Mara Rosa Gold Project from Denver based Metallica Resources Inc. The project encompasses 45,385 hectares within 3 mining leases and 19 exploration permits.

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November 29, 2005
Amarillo Closes Private Placement

Amarillo Gold Corp. (TSX VENTURE:AGC) ("Amarillo") announces that it has completed its private placement of 9,120,000 units at a price of $0.25 per unit for total gross proceeds of $2,280,000. Each unit consists of one common share and one-half of one non-transferable share purchase warrant, each whole warrant entitling the holder to purchase an additional common share at a price of $0.40 for one year.

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October 26, 2005
Amarillo’s completes Reverse Take Over of Brazilian Company

Amarillo Gold Corporation (“Amarillo”) is pleased to announce the TSX Venture Exchange (“TSX-V”) has accepted for filing the company's revers takeover and related transactions, all as principally described in our information circular dated May 25, 2005. Shareholders should note that our symbol has changed from AGC.H to AGC, and that we now trade on the TSX-V and no longer on the NEX.

The RTO includes the following matters, all of which have been accepted by the exchange.

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