Amseco Exploration Ltd.

Amseco Exploration Ltd.

February 25, 2010 09:00 ET

Amseco Exploration Ltd.: Start of Ground Exploration in the Urban-Barry Gold Camp, Quebec

MONTREAL, QUEBEC--(Marketwire - Feb. 25, 2010) - Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco") is pleased to announce the start of a new phase of its exploration program in the southern portion of its Urban-Barry project. The exploration will cover part of the recently acquired claims straddling the north shore of Lac aux Loutres in Barry Township, and several claims in Urban Township, located about 100 km east of Lebel-sur-Quevillon, Qc.

The new exploration phase will comprise line-cutting and magnetometer surveying over part of Lac aux Loutres and over unexplored airborne anomalies defined by government surveys. If any rock outcrops are encountered they will grab sampled subject to ground snow cover. The Amseco Urban-Barry project is one of the company's three (3) major exploration projects. Amseco holds 269 claims in this gold camp and is actively looking to stake or acquire additional land.

The project is located within the central part of the Urban Barry greenstone belt.This belt, which is 70 km long by 30 km wide, occurs within the northern portion of the Abitibi Greenstone Belt. It is comprised of E-W trending mafic, felsic, and volcaniclastic rocks which are bounded to the north, west and south by granitoid batholiths and to the east by the Grenville Front. The volcanic pile has been intruded by synvolcanic to post tectonic, mafic to felsic intrusives. Regionally, the metamorphic grade is lower greenshchist but this increases to amphibolite grade, closer to the Grenville Front.

The contact between the granitic terrain to the north and the volcanics to the south is the locus of the Urban deformation zone. The volcanic package is penetrated by a 060-trending regional foliation and is cut by shears which vary in orientation from northeast to east-west. Gold mineralization is most often found within northeast and east-northeast shear zones. The central portion of the Urban Barry Belt is the site of numerous gold showings whose discoveries date back to the 1930s. Among the more prominent projects are the Eagle Hill Windfall (formerly Noront) project, the Murgor Zones, the Barry gold deposit (presently being mined), the Lac Rouleau showing and the Nubar showing. In addition, there are numerous isolated surface gold showings and gold bearing drill intersections.

We seek safe harbour

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