AM Resources Commences Rio Negro and Esperanza Asphaltite Projects Drilling Programs, Colombia

AM Resources Commences Rio Negro and Esperanza Asphaltite Projects Drilling Programs, Colombia

Montreal, Quebec, CANADA – October 21, 2019 – AM Resources Corporation (“AM” or the “Corporation”) (GLOBE NEWSWIRE) (TSXV: AMR) is pleased to announce that it has mobilized crews to commence diamond drilling activities on the Rio Negro and Esperanza properties.

The program calls for up to 500 m of diamond drilling to be completed on Rio Negro and Esperanza properties. The diamond drill program will commence before the end of October 2019 and is expected to be completed by the end of November 2019. Data from this definition drilling will be used by the Colombian contractor for a better assessment of the Rio Negro and Esperanza properties with a goal to begin a small-scale production in February 2020 (May 7, 2019 press release).

The technical and scientific content of this press release has been reviewed and approved by Pierre O’Dowd, P. Geo., the Corporation’s qualified person under National Instrument 43-101.


AM Resources Corp. is a mining exploration Corporation with interests in coal, natural bitumen and gold projects in Colombia. AM is betting on Colombia’s excellent mineral potential and favourable climate to pursue its Colombian venture.



For more information, please contact:

Adriana Rios Garcia
President and Chief Executive Officer



Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward Looking Statements


This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of AM to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties.


Actual results could differ materially from those currently anticipated due to a number of factors and risks. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this news release are made as of the date of this release and, accordingly, are subject to change after such date.


AM does not assume any obligation to update or revise any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf, except as required by applicable law.

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