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News

June 8, 2010

Amarillo Gold Corp. (“Amarillo” or the “Company”) (TSX-V AGC) is pleased to announce that, subject to regulatory approval, it will arrange a non-brokered private placement financing (the "Private Placement") of up to 8,000,000 shares of the Company at a price of $0.75 (seventy five cents) per each common share issued in the capital of the Company, for aggregate proceeds of up to $6.0 million. Subject to certain conditions including, but not limited to, the receipt of the approval of the TSX Venture Exchange.

May 27, 2010

Amarillo Gold Corp. (TSX-V: AGC)(“Amarillo” or the “Company”) is pleased to announce that it has received an updated estimate for the Posse deposit, part of the Mara Rosa project, approximately 360km NNW of Brasilia the capital of Brazil, in Goias State.

May 18, 2010

Amarillo Gold Corp. (TSX-V: AGC)(“Amarillo” or the “Company”) is pleased to announce that it has awarded to Atticus Consulting SAC (Atticus) of Lima Peru, the task of conducting the first resource estimate on the Butia prospect, the most advanced of the numerous prospects that fall within the Lavras do Sul project.