American Bonanza Corporate Update

VANCOUVER, BC - American Bonanza Gold Corp. has commenced drilling at the 100% owned Copperstone project in Arizona. The drilling is focused on two areas, the South Pit and Southwest mineralized zones. High grade gold was discovered in these areas during exploration drilling that followed calculation of the 43-101 compliant resources, and was designed to expand the high grade gold resources. These discoveries have shown the potential to further improve the economic profile of the project by increasing the gold resources. The current drill campaign is expected to consist of at least 15 drill holes with a combined length of 7,000 meters.
The South Pit zone is at the south end of the open pit (over 500,000 ounces of gold produced), and is south of the current high grade resource. The South Pit zone has a strike length of at least 500 meters, and is open to expansion along its entire length, and includes drill hole 07CS-36 which contains 3.0 meters grading 39.4 grams per tonne gold, as previously announced. Every hole drilled so far encountering gold mineralization. The Southwest zone is 1,000 meters southwest of the open pit and appears parallel to the Copperstone Fault, host of the current gold resources. The zone remains open in all directions, and includes drill hole 07CS-30 which contains 5.2 meters grading 18.3 grams per tonne gold. Every hole drilled in the target to date has encountered gold mineralization.
The company’s address is Suite 305 - 675 West Hastings St., Vancouver, BC V6B 1N2, (604) 688-7523, fax: (604) 681-0122, email: [email protected].