Adamus Resources - July 2011 Pictorial Update

PERTH, Western Australia, Aug. 3, 2011 /CNW/ -- 
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
 DISSEMINATION IN THE UNITED STATES


PERTH, Western Australia, Aug. 3, 2011 /CNW/ - During July, gold
 producer Adamus Resources (ASX and TSXV: ADU) released results from its first quarter of
 commercial production (April - June 2011).  Adamus has met all key
 production targets since commercial production was declared on 1 April
 2011.  As a result, the Nzema Gold Project in Ghana delivered above
 forecast gold production of 26,015 ounces, at a cash cost of US$544 per
 ounce, for the June 2011 quarter.


OPERATIONS


    --  Mining during the month focussed on Salman South 1A and 02
        pits.
    --  Construction of the Salman - Akango bypass road (Phase 2)
        continued, while there was also progress on the Salman North
        haul road which links the pits on the Salman trend to the
        processing plant.
    --  Processing plant and facilities continue to meet design
        specifications and are performing well.  Plant availability at
        96% for the month.
    --  Salman Village residential housing progressed during the month
        as did landscaping around completed community buildings and the
        erection of electrical poles.



EXPLORATION


    --  Reverse circulation (RC) drilling continued at Nfutu (6 kms
        south east of the Nzema process plant) with initial results
        showing significant intercepts. RC drilling was also undertaken
        between Teberu and Salman North pits.
    --  Field reconnaissance commenced at Hotopo prior to the RC /
        aircore drilling program due to commence in August 2011.
    --  Access and pad preparations completed at Awukyere (12 kms south
        east of the Nzema process plant) and first pass RC drilling
        commenced.
    --  Line cutting and auger sampling at the soil anomalous zone on
        the south extension of the Salman trend commenced.
    --  Aeromagnetic data received covering all Adamus' licences in
        Ghana.  Reprocessing and reimaging of the data is planned to
        assist exploration target generation.



Further photographs appear on the Company's website at :
http://www.adamusresources.com.au/nzema-gold-project/construction-progress


About Adamus
Adamus Resources Limited is a gold producer, listed on the Australian
 Securities Exchange (ASX), TSX Venture Exchange (TSX-V) and Frankfurt
 Stock Exchange Open Market (FSE).


The Company's primary focus is on developing and expanding the economic
 potential of the Nzema Gold Project in Ghana, West Africa. The Project
 encompasses approximately 665km² of tenure in the Ashanti Gold Belt -
 host to over 100moz of gold and the Project boasts excellent access to
 port and road infrastructure. Ghana is a stable West African country
 with a long history and some of the world's largest gold mining
 operations. Gold production is vital to the national economy. Members
 of the Adamus Board and management team have proven records in mineral
 exploration, project development and project financing.


Kind regards
ADAMUS RESOURCES LIMITED 


(Signed)


Mark Connelly
Managing Director/CEO


Neither TSX Venture Exchange nor its Regulation Services Provider (as
 that term is defined in the policies of the TSX Venture Exchange)
 accepts responsibility for the adequacy or accuracy of this release.


Caution Regarding Forward Looking Information.
Certain statements included in this announcement, including information
 regarding Adamus' plans with respect to its mineral properties,
 constitute forward-looking information.  Forward-looking information
 includes, among other things, statements regarding expected
 operations.  Forward-looking information is based upon a number of
 estimates and assumptions made by the Company in light of its
 experience, current conditions and expectations of future developments,
 as well as other factors that the Company believes are appropriate in
 the circumstances.  While these estimates and assumptions are
 considered reasonable by the Company, they are inherently subject to
 business, economic, competitive, political and social uncertainties and
 contingencies.  Many factors could cause the Company's actual results
 to differ materially from those expressed or implied in any
 forward-looking information provided by the Company, or on behalf of,
 the Company.  Such factors include, among other things, risks relating
 to additional funding requirements, metal prices, exploration,
 development and operating risks, competition, production risks,
 regulatory restrictions, including environmental regulation and
 liability and potential title disputes.  Investors are cautioned that
 forward-looking information is no guarantee of future performance and,
 accordingly, investors are cautioned not to put undue reliance on
 forward-looking information due to the inherent uncertainty therein. 
 Forward-looking information is made as at the date of this announcement
 and the Company disclaims any intent or obligation to update publicly
 such forward-looking information, whether as a result of new
 information, future events or results or otherwise. 


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