Wednesday, September 28, 2011

All American Gold Corp. (AAGC) Provides Update on Goldfield West Project Drilling Operations

All American Gold Corp. today reported an update on the drilling operations at its Goldfield West Project in Nevada.

Drilling, which commenced at the south target of the property, is progressing on schedule with two reverse circulation drill holes, each to an approximate depth of 800 feet, having been completed. According to today’s press release, an additional two holes are in progress and scheduled for completion by the first week of October. The holes at the south target are to further investigate a 2,600 foot long structure that had been identified through previous geophysical surveys. The samples collected from the south target will be sent to ALS Chemex in Reno, Nevada for analysis of gold, silver and any other precious mineral content.

Exploration efforts at Goldfield West will target the northern part of the property next. Drilling will focus on an interpreted broad north-south trending structure which appears to host an intrusive dike. Two reverse circulation drilling holes to an approximate depth of 800 feet are planned to test this geophysical anomaly which was identified from previous works conducted on the property.

The Goldfield West Property is located approximately 4 miles southwest of International Mineral’s Gemfield deposit and 4.5 miles west of the Goldfield district, which is renowned for its historic production in excess of 4 million ounces of gold at an average grade of > 17 g/t Au.

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