Corporate Profile

AM Gold is a resource company focused on creating shareholder value by exploring for precious and base metals, with the goal of defining gold/copper deposits at its Pinaya Project in Peru, South America and its Red Mountain property* in Canada’s Yukon Territory.

The Red Mountain Project is located 55km northwest of Mayo and lies within the Tintina Gold Belt. This belt extends across the central Yukon Territory and Alaska and contains several large producing and developing properties, as well as a host of evolving gold prospects. Intense exploration in the Yukon region has been spurred by Underworld Resources’ discovery (recently acquired by Kinross), Dublin Gulch Eagle Gold Project, owned by Victoria Gold (just 29 km east of Red Mountain); as well as ATAC’s Rau discovery north-east of Keno Hill, and Kaminak.

AM Gold’s wholly owned, Pinaya Project, is located approximately 110 km northeast of Arequipa, Peru’s second largest city. Regionally, Pinaya is located within the Andahuaylas-Yauri metallogenic belt which hosts the Tintaya Mine (Xstrata PLC), the Las Chancas deposit (Southern Peru Copper Corporation), the Las Bambas deposit (Xstrata PLC), as well as numerous other copper-gold-molybdenum porphyry and skarn occurrences.

*The Red Mountain Project consists of 183 contiguous quartz claims (approximately 3,600 hectares). 52 of the quartz claims (1,168 hectares) are held 80% by AM Gold with an option to acquire 100% ownership and are subject to a net smelter returns royalty and 131 of the quartz claims (approximately 2,400 hectares) are held 100% by AM Gold.