Amazon Goldsands Ltd.
OTC Bulletin Board : AZNG

November 21, 2008 16:30 ET

Amazon GoldSands Contracts Peruvian Services Company

LIMA, PERU--(Marketwire - Nov. 21, 2008) - Amazon GoldSands Ltd. (OTCBB:AZNG) announces the execution of a services contract with Logistica y Servicios Aluviales San Lorenzo SAC ("San Lorenzo") to develop the company's extensive portfolio of mining properties in the Gold Sands district of northeastern Peru. The company has the option to acquire up to 100% of the mineral rights on terms previously disclosed.

Amazon has contracted San Lorenzo, a Peruvian Service company to supply contract services with respect to Amazon's Gold Sands project in northeastern Peru. San Lorenzo is to provide complete mining services which include logistics and infrastructure in the project area including sourcing and supplying personnel, drilling equipment, dredges, mining equipment, logistics, exploration management, property camp, development office, administration support, exploration planning, program management, mapping, logging, drilling, a field laboratory, data compilation, data processing, interpretation of data, preparation of reports, assessment of exploration techniques, evaluation of programs, training of staff and coordination of field trips.

San Lorenzo has begun consulting with the people and communities in the area of Peru that may be affected by Amazon's proposed mining activities to help to identify ways to minimize the impact on the environment. San Lorenzo has engaged The Stocker Group, an international consulting firm with offices in Chile, Brazil, Colombia, Panama and Switzerland to anticipate potential issues before they arise and to work together with the local and federal communities to manage the environmental, political and social risks associated with developing the Gold Sands project.

The Stocker Group's risk management services are sought by many leading companies, organizations and governments working throughout Latin America, Europe and the USA. They have experience in the start-up and ongoing management of large-scale and complex projects currently underway in 12 countries. In addition to completing an Environmental Impact Assessment, the Stocker Group has begun to carry out a Social Impact Assessment. This will acknowledge the interests of all stakeholders including the inhabitants who live in the district. It will determine relationships with the biophysical environment, historical background, population, political and social resources including the distribution of power and authority, local culture and attitudes toward the proposed project and any needs they may have including programs, reforestation, agricultural projects, job creation, school-building /education, public infrastructure and medical care.

About Amazon GoldSands

Amazon Gold Sands' management believes that the current financial crisis will create a historical opportunity for gold. In order to help fulfill our expectations for increased ongoing demand, the company has committed to developing strategically selected gold properties within the Amazon Gold Sands district of Northeastern Peru. As the fifth largest gold producing country, with a history of gold production going back thousands of years, Peru's culture and infrastructure is positioned to support junior mining firms in their quest to supply the precious metals. The Gold Sands basin that Amazon is exploring is perhaps the largest of its kind, with potential to host large deposits of alluvial gold.

On Behalf of the Board:

Hector Ponte - CEO

Amazon GoldSands Ltd.

Disclaimer: This release contains forward-looking statements that are based on the beliefs of Amazon GoldSands Ltd.'s management and reflect Amazon GoldSands Ltd.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Amazon GoldSands Ltd. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

Contact Information

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