SOURCE: Amalgamated Gold and Silver Inc.

January 29, 2014 08:00 ET

Amalgamated Gold and Silver Inc. Will Employ the Service of Exploration Alliance SA

MIAMI, FL --(Marketwired - January 29, 2014) - Amalgamated Gold and Silver Inc. (AGS) (PINKSHEETS: BCHS) today announced it will retain Exploration Alliance SA (http://www.explorationalliance.com/home.html) to perform the NI 43-101 at the St. Anthony (San Antonio de Turiri) Antimony Mine Located in Potosi, Bolivia.

AGS is pleased to announce that it is in the final stage of negotiations to retain the services of Exploration Alliance SA to confirm the proven ore reserves and provide the company with reports compliant with the NI 43-101 and JORC codes.

Almero Bourbon, our VP of Mining, will accompany the Exploration Alliance team to the mine site the second week of February 2014.

The Exploration Alliance SA reports will be made available on the company website www.ags-inc.co under Projects San Antonio de Turiri mine upon their completion.

About Exploration Alliance: http://www.explorationalliance.com/home.html

"We are anxious to have the deposits shown on our existing geological studies proven and verified and in compliance with NI 43-101 and JORC standards," said President, Abraham Villagran.

The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

Contact Information

  • Amalgamated Gold and Silver Inc.
    80 SW 8 Street, Suite 2000
    Miami Florida 31330 USA
    Email: info@ags-inc.co