Amarillo Gold Corp. Press Releases

Amarillo Gold Files NI 43 101 Technical Report on SEDAR For Mara Rosa Pre-feasibility Study

Vanessa Bogaert — Wed, 11 Jan 2012 18:14:02 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”) is pleased to announce the filing on SEDAR of a National Instrument ("NI") 43-101 technical report representing the qualifying report for the recently announced Pre-feasibility Study at the Mara Rosa Project located in the state of Goias, Brazil. The report was compiled by Coffey Mining International; the lead engineering firm in the study. Highlights of the Pre-feasibility Study, previously reported by Amarillo on November 27th, 2011, are as follows:

Positive Economics from Pre-feasibility Study of Mara Rosa Gold Project Received

Vanessa Bogaert — Mon, 28 Nov 2011 07:27:38 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”) is pleased to release the summary economic results derived from a 43-101 compliant, pre-feasibility Study ("PFS") of Amarillo's 100% owned Posse gold deposit in the state of Goias, Brazil. The PFS is being completed by Coffey Mining International, the lead consultant on the project, and will be posted in full on SEDAR within 45 days.

Visit Amarillo at the Cambridge House Conference in Montreal Nov.18-19

Vanessa Bogaert — Tue, 15 Nov 2011 18:18:14 +0000

Please visit our booth at the Cambridge House Conference in Montreal, Quebec,

November 18-19, 2011. (Booth # 27)

Amarillo Gold Upgrades Mara Rosa Resource to Measured + Indicated 1.17 Million Ounces at 1.75 g/t Au

Vanessa Bogaert — Tue, 13 Sep 2011 13:30:00 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”) is pleased to announce that it has received an updated gold resource calculation for its 100%-owned Posse deposit on the Mara Rosa gold project in Goias State, Brazil. The new gold resource estimate includes the most recent 31 drill holes completed during an 8524 metre definition drilling program. The results are given in Table 1 below and are NI 43-101 compliant.

Amarillo Shareholders Approve Rights Plan; Company Grants Options

Vanessa Bogaert — Mon, 18 Jul 2011 17:00:35 +0000

Vancouver, B.C., July 15, 2011 - Amarillo Gold Corp. (TSX-V: AGC) ("Amarillo" or the "Company"), announces that its Shareholder Rights Plan was unanimously approved by shareholders voting at the Company’s Annual General Meeting held on July 7th. The Rights Plan was described in the Information Circular accompanying the Notice of Meeting. The sole purpose of the Plan is to ensure the fair treatment of all Amarillo shareholders in connection with any possible take-over bid for the Company. The Plan does so by allowing shareholders adequate time to evaluate any such bid, and by providing the Board with an additional 60 days beyond the legal minimum period of 35 days to consider any such bid and, if applicable, to explore alternative transactions in order to maximize shareholder value.

Amarillo Gold Reports Results from Final 12 Definition Drill Holes at Mara Rosa Gold Project in Brazil: Highlights Include True widths of 54.8m @ 1.61 g/t Au and 31.7m @2.01 g/t Au. Resource Upgrade Well-Underway

Vanessa Bogaert — Wed, 29 Jun 2011 16:42:47 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”) is pleased to announce that it has received the final assay results from its definition drilling program for the Mara Rosa project. The entire program consisted of 31 drill holes totaling 8524 metres. The program was designed to upgrade the inferred gold resource category at Mara Rosa into measured and indicated resources. The program focused on material contained within the theoretical "Whittle" open pit shell optimized for a US$1000/ounce gold price. The infill-drilling has increased the total metres drilled at Mara Rosa to 33,024m. Amarillo has previously reported the assay results for the prior 21 drill holes from this infill (see AGC News Releases April 7, March 3, and Feb.1, 2011, www.amarillogold.com ). The final twelve drill holes are reported here and shown in Table 1. The locations of the drill-collars reported in this news release are provided in Table 2.

Amarillo Gold Implements Shareholder Rights Plan

Vanessa Bogaert — Fri, 17 Jun 2011 18:07:34 +0000

Vancouver, B.C. June 15, 2011:Amarillo Gold Corp. ("Amarillo" or the "Company") (TSX.V: AGC) reports that its Board of Directors (the "Board") has implemented a Shareholder Rights Plan Agreement (the "Rights Plan") effective June 6, 2011.

Amarillo Gold Receives Pre-Feasibility Metallurgical Report, Defining Gold Recovery Circuit, with 90%+ Recoveries.

Vanessa Bogaert — Tue, 24 May 2011 13:47:50 +0000

Vancouver, B.C. - Amarillo Gold Corp. (TSX-V AGC) (“Amarillo” or the “Company”) is pleased to announce that it has received the Metallurgical Report from Coffey Mining Ltd.

The Metallurgical Report highlights are as follows:

• Gold recoveries exceeding 93% were readily achieved by using conventional carbon in leach (CIL) technology with the addition of a simple pre-oxidation stage.

Amarillo Closes $10 Million Brokered Private Placement

Vanessa Bogaert — Wed, 04 May 2011 20:23:14 +0000

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Amarillo Closes First Tranche of Brokered Private Placement for $8.4 Million

Vanessa Bogaert — Fri, 29 Apr 2011 19:54:43 +0000

Vancouver, B.C. - Amarillo Gold Corp. (TSX-V AGC) (“Amarillo” or the “Company”) is pleased that the previously announced (see April 13th News Release) $10 million brokered private placement financing (the “Private Placement”), led by sole agent PI Financial Corp. (the “Agent”) has been fully subscribed. Closing today is the first tranche of 5,579,267 units priced at $1.50 per unit (the “Unit”) for gross proceeds of $8,368,901.

AMARILLO GOLD ANNOUNCES $10 MILLION PRIVATE PLACEMENT

Vanessa Bogaert — Wed, 13 Apr 2011 16:11:12 +0000

Amarillo Gold Completes Definition Drilling at Mara Rosa Gold Project in Brazil and Reports Results from 4 Holes – Including 7m @ 6.36 g/t Au Intercept

Vanessa Bogaert — Thu, 07 Apr 2011 18:09:00 +0000

AMARILLO GOLD DRILLS 17 METRES OF 3.17 g/t Au in 2nd ROUND OF RESULTS FROM INFILL DRILL PROGRAM AT MARA ROSA PROJECT, BRAZIL

Vanessa Bogaert — Fri, 04 Mar 2011 00:17:56 +0000

March 1, 2011, Vancouver, B.C., - Amarillo Gold Corp. (TSX.V:AGC) (“Amarillo” or the “Company”) is pleased to announce the 2nd round of results from the current resource definition drilling program at its Mara Rosa Gold project, with the release of gold assays from nine holes as shown in Table 1. The total number of assays received from drill holes now stands at 15 (includes 6 holes from the NR dated February 1, 2011), bringing the total metres from assays reported to 2597.5m. At site, drill hole number 29 of the 34 drill hole program is nearing completion. Core from ten drill holes are at the laboratory awaiting assay. The current drill program is designed to upgrade existing inferred resources to the indicated and measured categories. This work is an integral part of the pre-feasibility study (PFS) currently underway.

Amarillo Gold Drills 35.7 m (True Width) of 2.67 g/t Au in First Results from Infill Drill Program at Mara Rosa Project, Brazil

administrator — Tue, 01 Feb 2011 18:49:08 +0000

February 1, 2011, Vancouver, B.C., - Amarillo Gold Corp. (TSX.V:AGC) (“Amarillo” or the “Company”) is pleased to announce results from the current resource definition drilling program of the Posse gold deposit at its Mara Rosa project in Goias state. These six drill holes represent the first 1251m of drilling of the planned 7000m, (34 hole) infill drilling program, which is designed to upgrade existing inferred resources to the indicated and measured categories. This work is an integral part of the pre-feasibility study (PFS) currently underway. The drill assay results are summarized in Table 1 below.

Coffey Mining to lead Posse Pre-feasibility Study

administrator — Tue, 18 Jan 2011 17:48:55 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”) has selected Coffey Mining Pty. Ltd. (Coffey Mining) as the lead contractor of the consortium to conduct the Pre-Feasibility Study (PFS) on Amarillo's Posse Deposit, part of the Mara Rosa project located in Goias State, Brazil. Table 1 lists the group of companies chosen by Amarillo to make up this consortium.

Metallurgical update: studies show higher than expected recoveries for the Posse Deposit, Mara Rosa Project.

Vanessa Bogaert — Mon, 10 Jan 2011 17:26:45 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”) received the latest update from the ongoing metallurgical studies being conducted on the Posse Deposit which is part of Amarillo's flagship Mara Rosa project in Goias State, Brazil, four hours drive northwest of the nation's capital, Brasilia.

Exploration update for Lavras do Sul Project: New Matilde prospect discovered from soil sampling; Cerro Rico grab sample yields 15.6 g/t Au from outcrop

Vanessa Bogaert — Wed, 15 Dec 2010 17:46:47 +0000

Amarillo Gold Corp. is pleased to report on its ongoing exploration program at the Lavras do Sul project in the state of Rio Grande do Sul, southern Brazil, The project is road accessible and is located about 320km WSW of Porto Alegre, the state capital.

Amarillo commences Environmental studies required to permit a mine on the Posse Deposit, Mara Rosa Project, Brazil, 3rd Rig commences drilling.

Vanessa Bogaert — Thu, 04 Nov 2010 16:38:19 +0000

Amarillo welcomes Frank Baker to lead the Mara Rosa project through Pre-feasibility and beyond.

Vanessa Bogaert — Tue, 12 Oct 2010 15:54:08 +0000

Amarillo commences 5,000 metre drilling program at Mara Rosa Project Brazil

administrator — Mon, 04 Oct 2010 19:27:14 +0000

Amarillo Gold Corp. (TSX-V: AGC)(“Amarillo” or the “Company”) is pleased to announce that it has mobilized 2 drill rigs and drilling has started at its Mara Rosa project in Goias State, Brazil, 320km by road NNW of Brasilia, the nation's capital..

Amarillo to Exhibit at CM-Equity Conference In Munich, September 30th, 2010

Vanessa Bogaert — Tue, 21 Sep 2010 19:23:47 +0000

Amarillo Gold Corp. will exhibit at the Resource Conference of CM-Equity AG

Date: 30 September 2010,

Location: Promenadeplatz 4-6, Festival Hall of Hotel Bayerischer Hof, Munich

Amarillo receives initial resource estimate for the Butia prospect: 215,000 oz in 6.39MT @ 1.05g/t Gold indicated, and 308,000 oz in 12.88MT @ 0.74g/t Gold inferred , using 0.3g/t cut-off, Lavras do Sul, Brazil.

Vanessa Bogaert — Wed, 01 Sep 2010 14:22:18 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”) is pleased to announce that it has received the initial estimate of the gold resource at the Butia prospect, which is part of the Company’s Lavras do Sul project, located approximately 320km WSW of city of Porto Alegre, in the state of Rio Grande do Sul. Tables 1 to 3 list the estimate at different gold grade cut-offs, 0.3 g/t, 0.5 g/t and 1.0 g/t respectively.

Positive Metallurgical Results Indicated for Posse Deposit - Tenders for Pre-feasibility Study Underway

administrator — Wed, 11 Aug 2010 18:34:58 +0000

Amarillo Gold Corp. (TSX-V: AGC)(“Amarillo” or the “Company”) received an update on the metallurgical studies conducted for the Posse Deposit, part of the Mara Rosa project in the northern Goias State, Brazil.

Amarillo recently released an updated resource estimate at Posse and this estimate as summarized in table 1.

Table 1. Posse Deposit resource estimate using 0.5g/t gold cut-off.*

Amarillo Grants Stock Options to Newest Director

Vanessa Bogaert — Wed, 21 Jul 2010 20:03:36 +0000

Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo” or the “Company”), announces the granting of Incentive Stock Options to purchase up to 175,000 common shares of Amarillo to Todd Bruce, the Company’s newest director.

Amarillo Closes $6million Non-Brokered Private Placement

Vanessa Bogaert — Thu, 15 Jul 2010 21:26:49 +0000

Vancouver, B.C. - Amarillo Gold Corp. (TSX-V AGC) (“Amarillo” or the “Company”) is pleased to announce that it has completed its non-brokered private placement financing (the "Private Placement") of 8,000,999 shares of the Company at a price of $0.75 (seventy-five cents) per share for aggregate proceeds of $6.0 million (all currency references are in Canadian dollars).

The proceeds will be directed towards further exploration and definition of our Brazilian gold projects.

Amarillo announces non-brokered private placement for up to $6million in proceeds

Vanessa Bogaert — Tue, 08 Jun 2010 18:31:33 +0000

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.

Amarillo Gold Corp. will be exhibiting at the World Resource Investment Conference in Vancouver, June 6-7 in Booth 507

Vanessa Bogaert — Thu, 03 Jun 2010 13:27:08 +0000

http://cambridgehouse.com/email/worldvancouverjune0610/cheb_templateworld_cambridge-3.html

Click the link above for more information.

Amarillo receives updated resource estimate for the Mara Rosa project: 623,000 oz in 11.9MT @ 1.62g/t Gold indicated, and 451,000 oz in 10.2MT @ 1.38g/t Gold inferred , using 0.5g/t cut-off

administrator — Thu, 27 May 2010 17:26:21 +0000

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.

Amarillo commissions initial 43-101 resource estimate on the Butia prospect, southern Brazil.

administrator — Tue, 18 May 2010 18:16:45 +0000

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.

Amarillo reports an intercept of 190m @ 0.94 g/t Au from its continuing drill program at the Butia Prospect, Lavras do Sul, southern Brazil.

administrator — Mon, 10 May 2010 23:43:27 +0000

Amarillo Gold Corp. (TSX-V: AGC)(“Amarillo” or the “Company”) is pleased to release the latest results from the Butia drilling at its Lavras do Sul project in southern Brazil.