Amera Options Three Gold Projects

VANCOUVER, BC - Amera Resources Corporation reported that it has signed a Letter of Intent with Geologix Explorations Inc. to earn up to a 70% interest in three gold properties totaling 3,200 hectares in Huancavelica Department, south-central Peru. The properties are all located within the prolific Southern Peru Epithermal Gold-Silver Belt that hosts the Liam, Santa Rosa, Orcopampa and Rescatada deposits.
All three properties are located in a highly prospective geological environment characterized by hydrothermally-altered and geochemically anomalous Tertiary volcanic rocks typical of epithermal systems. This combined with nearby competitor activity and the location of the Geologix properties within the prolific Southern Peru Epithermal Gold-Silver belt makes these targets a high priority for Amera. A program of ground geophysics, detailed surface sampling and trenching aimed at delineating drill targets for testing by the end of 2008 will be commencing shortly.
Evidence of both high and low sulfidation gold mineralization is present on the 900ha Toro Blanco property where vuggy silica and quartz stockwork yield anomalous gold values. A total of 255 rock samples and 550 soil samples have been collected to date by Geologix defining a 1km by 1.5km gold-in-soil anomaly with results ranging from 0.005 to 662 ppm gold.
On the San Felipe property silicified ribs, pebble dikes and low sulfidation epithermal veins within a volcanic dome have been identified by Geologix work. A total of 201 rock samples and 229 soil samples have been collected to date. Rock sample assays range from 0.005 to 0.708 ppm gold in high sulfidation style zones and from 0.005 to 0.278 ppm in low sulfidation veins.
The 1,900ha Sura property covers a 300m by 550m gold-in-soil anomaly with sample values ranging from 0.02 to 0.17 ppm gold. A larger but more poorly defined gold-in-soil anomaly extends 1.5km by 300m. A total of 160 rock samples and 180 soil samples have been collected from the property to date; rock analyses range from 0.005 to 0.12 ppm gold.
The company's address is Suite 709, 837 West Hastings Street, Vancouver, BC V6C 3N6, 604.687.1828, fax: 604.687.1858.