Adamus Resources Limited - Oxide Drill Results Highlight Potential

PERTH, Western Australia, Aug. 5, 2011 /CNW/ -- 
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 


Highlights


    --  Drilling south of the Salman South 1C pit intersects extensions
        along the mineralised trend

    --  Mineralised trend intersected to the east of the Nugget Hill 03
        pit



PERTH, Western Australia, Aug. 5, 2011 /CNW/ - Adamus Resources Limited (ASX and TSXV: ADU) is pleased to announce additional oxide
 intersections from RC drilling along the Salman Trend at the Nzema Gold
 Project in south-west Ghana.


RC and diamond drilling has focussed on the Salman trend and adjacent
 prospects during the first half of 2011.  The drilling program has been
 designed to better define the ore zones prior to mining and to locate
 extensions to the known mineral resources along strike from existing
 open pits.  Drill results suggest there is potential for cutbacks to
 several pits and potential for new oxide pits along the Salman Trend.


Managing Director, Mark Connelly, said: "These latest drilling results
 highlight the merit of our strategy of delineating mineralisation along
 the Salman trend.  They confirm the potential for additional pits in
 oxide mineralisation, that may add mineable ounces."


Salman South Extension
12 RC holes have been drilled south of the Salman South 1C pit to test a
 set of parallel west dipping mineralised zones.  Best results received
 to date include SNRC1299 9m @ 1.57g/t Au from 30m and 4m @ 2.35g/t Au from 46m, SNRC1304 5m @ 3.90g/t Au from 12m and SNRC1298 8m @ 1.82g/t Au from 36m.  In combination with previous drilling these results highlight the
 potential for a ~200m southern extension to the Salman South 1C pit.


Nugget Hill East
Previous RC drilling located two west dipping mineralised zones 100m
 east of the Nugget Hill 03 pit.  New drilling has extended the
 mineralised zones to the south with the best intersection of 7m @ 2.96g/t Au from 28m in SNRC1288.  The mineralisation trend has been drilled over 125m and is open to
 the north and south.  Additional drilling is planned with the aim of
 delineating a mineral resource of sufficient size to support a new
 oxide pit.


Teberu 04 Extension
In-fill RC drilling south of the Teberu 04 pit has confirmed the
 existence of a west dipping mineralised zone with SNRC1291 intersecting 15m @ 1.44g/t Au from 34m and SNRC1292 intersecting 5m @ 1.83g/t Au from 24m.  The mineralisation is an extension of the moderately west dipping oxide
 ore zone in the Teberu 04 pit.  Additional drilling is planned
 following the wet season which has hindered access.


Salman South 1A
SNRC1294 intersected 12m @ 2.86g/t Au from 11m to the east of the Salman South 1A pit confirming the existence of a
 parallel mineralised zone.  The close proximity of the mineralisation
 to the Salman South 1A pit will allow any new mineral resource to be
 captured in a cutback.  Step out drilling will be conducted to the
 north and south.


A Mineral Resource update is expected in second half 2011.


About Adamus
Adamus Resources Limited is an explorer and mine developer, 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 exploring, realising and expanding the
 economic potential of the Nzema Gold Project in Ghana, West Africa and
 exploring concessions in Liberia, West Africa.  The Nzema Gold Project
 encompasses approximately 665km² of tenure in the Ashanti Gold Belt -
 host to over 100moz of gold and 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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