AMI Resources Inc.
TSX VENTURE : AMU

AMI Resources Inc.

January 11, 2007 09:00 ET

AMI Resources Inc.: Exploration Program Begins at North Ashanti Gold Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 11, 2007) - AMI Resources Inc. (TSX VENTURE:AMU) -

The Company wishes to announce that it has started the first phase of its 2007 exploration program that will include approximately 15,000 metres of drilling at the North Ashanti Gold Project. There are four drilled areas within the North Ashanti Project that have had historical drilling and additional targets that have no exploration. To date, the Company is encouraged by the drill results and initial resource calculations. This 2007 program has been designed to address the following areas:

1. Beposo Main Zone - This mineralized zone is located over the east northeast trending structures and a prominent northeast trending regional structure which projects northwards to the Konongo Mine. Even though we have established a near surface (NI43-101 qualified) gold resource of Indicated 1,535,878 tonnes with average grade of 2.01 g/t Au and Inferred 297,012 tonnes with an average grade of 2.01 g/t Au (previously reported on September 6, 2006) the northern continuations of this Beposo Main Zone has not been well tested. Beposo gold mineralization remains open at depth and along strike. A further 5,500 metre RC drilling and 750 metres of HQ diamond drilling should increase the Beposo resource and upgrade it to a dominantly Measured and Indicated category.

2. Southeast Parallel Zone - It is expected that this zone is a structural offset of the Beposo Main Zone mineralization which lies approximately 450 m northwest. A first pass RC drill program encountered good grades and good widths (i.e.: 8m of 4.22 grams/ton ("g/t") Au, 7m of 17.47 g/t Au, 8m 3.21 g/t Au). Further pitting, trenching and a 2,500 metre RC/Diamond drill program is proposed over this zone to confirm structural interpretations and to provide core for density work.

3. Anuoro South Zone - During our June thru September 2006 exploration program 64 RC holes were drilled to a depth of approximately 70 m over a 1,000 m by 600 m wide mineralized zone, which remains open at depth and along strike. Good grades and widths were encountered in this zone (i.e.: 14m 2.35 g/t Au, 22m 1.33 g/t Au 18m 1.57 g/t Au). Further pitting, trenching and infill drilling will be undertaken in this zone to establish a resource within the measured and indicated category.

4. Anuoro North Zone - Also discovered in our 2006 program, the Anuoro North Zone is located approximately 500 m south of the Konongo Mine license boundary within the southern projection of the Santreso deposit reported by Mwana Africa Plc. the holder of the Konongo Mining license. This zone has produced encouraging drill and trench intervals from first pass test work. RC hole ANRC048 beneath this zone encountered 48 m of 1.64 g/t Au, 20 m at 1.29 g/t Au and 9 m at 9.05 g/t Au with the hole ending in mineralization. Follow up trenching and drilling over 50 metre spaced sections over a strike length of 500 metres is proposed. In total the program will include 1,500 metres of RC drilling and results from this program could be included in an indicated and inferred resource if values are significant.

5. Additional Targets - In June 2006 a Target Generation Report was compiled by Dr. Colin Porter, which outlined potential gold mineralization sites, which lie within the North Ashanti Project. These targets boxes were defined from Dr. Colin's structural interpretation of the northern portion of the Ashanti Gold Belt. The target boxes correspond to intersection points of significant, interpreted structures within the project area and were compiled independently of any other data, such as soil geochemical values generated by the Company. The target generation report has indicated the presence of nineteen (19) structural intersections most of which are outside our current soil geochemical database and a number of these high level targets will be subject to soil geochem, pitting and trenching in order to identify future drill targets.

With the recent completion of a $2.2 million private placement and the welcomed addition of Pinetree Capital Ltd. and Longview Capital Partners as major shareholders, the Company is now well positioned to accelerate the development of this strategic gold exploration project.

The North Ashanti Gold Project straddles fifteen kilometers along the main Ashanti Shear and lies directly south of the Konongo Mining lease, approximately 20 kilometers west of Newmont's Akyem deposit and 50 kilometers northeast of Anglo/Ashanti's Obuasi Gold mine.

Simon Meadows-Smith, principal of SEMS Exploration Services Ltd., is the qualified person responsible for the preparation of the technical information in this news release.

On behalf of the Board of Directors,

Dustin A. Elford, President

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