News

October 21, 2008

Amarillo Announces and Completes Non-Brokered Private Placement for $1.7million

Vancouver, B.C., - Amarillo Gold Corp. (TSX-V AGC) (“Amarillo” or the “Company”) announces a $1.7 million non-brokered private placement and is also pleased to announce the completion of said placement. The details of the placement are as follows. Subject to exchange approvals, the Company will issue 2,125,000 units (the "Units") at a price of $0.80 (eighty cents) per Unit for aggregate proceeds of $1.7 million. Each Unit is comprised of one common share in the capital of the Company and are subject to a hold period that will expire on 23rd February 2009.

August 20, 2008

Amarillo drills 88 m @ 1.83 g/t Au at Butiá, and 162m @ 0.70 g/t Au at Cerrito, Lavras do Sul.

Vancouver, B.C., August 16, 2008 – Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”), is pleased to provide the following exploration update based on gold assay results from the Butiá, Cerrito and Caneleira prospects at its Lavras do Sul project in southern Brazil. The results from Butiá demonstrate a further extension of the higher grade intense alkali alteration highlighted in the two most recent new releases. The Company also wishes to summarize recent work at Cerrito, where the known mineralization was confirmed and expanded, and at Caneleira, the site of a recently discovered gold zone.

July 15, 2008

Amarillo drills 120m @ 3.52 g/t Au at Butiá, Lavras do Sul, on 2nd step-out section.

Vancouver, B.C., July 15th, 2008 – Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”), is pleased to report on gold assay results from the next four holes from its Butiá prospect at its Lavras do Sul project in southern Brazil. Drill holes LDH-127, 128 and 129 are the first 3 of 6 drill holes from the next step-out cross section, 50 metres to the west of the drill results reported in our May 14th news release. The drill holes are collared 50 metres apart along this section and drilled at an azimuth of 10° and at a dip of -60°. LDH-126 is the last hole drilled along the section that was reported on May 14th.

June 24, 2008

Northern Miner Article, May 26 - June 1, 2008

Click here to read about Amarillo Gold Corp., Northern Miner, May 26-June 1, 2008 publication.