Amseco Exploration Ltd.

Amseco Exploration Ltd.

January 26, 2007 11:48 ET

Amseco Takes Land Position Near Noront Resources Ltd. in Urban Township

PIEDMONT, QUEBEC--(CCNMatthews - Jan. 26, 2007) - Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco") has acquired a 100% interest in a property consisting of 28 mining claims covering 448 hectares located in northwestern Quebec's Urban township (the "Property"). Amseco is earning its interest by paying 15 000 $ and issuing 75 000 shares of its share capital to a prospector, subject to the approval of the TSX Venture Exchange.

The Property is located 100 kilometres east of Lebel-Sur-Quevillon where results have been obtained by Noront Resources Ltd. ("Noront") (NOT-V) 5 kilometres west of the Property. In a press release dated December 1, 2006, Noront announced the results of three gold assays testing: 1,792.9 grams per tonne (g/t) gold (Au), 800.1 g/t Au and 1,327.9 g/t Au over 4.8 metres.

"We are very pleased with this acquisition", mentioned Bertrand Dufour, President and Chief Executive Officer of Amseco.

The company will undertake an In-Fill magnetic and IP Surveys in preparation for an early drilling program.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Amseco Exploration Ltd.
    Bertrand Dufour
    President and Chief Executive Officer
    450-240-0522 (FAX)