Company Information for Adamus Resources Ltd

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Company Statement

Adamus Resources Limited is a Perth-based emerging gold producer which is listed on the Australian Securities Exchange (ASX) code: ADU, the TSX Venture Exchange (TSX-V) in Canada code: ADU and Frankfurt Stock Exchange Open Market (FSE) code: AXM.

The Companys main focus is on realising the economic potential of the 90% owned Southern Ashanti Gold Project in Ghana, West Africa, where drilling has already identified a existing gold mineral resource of:

• 30.2Mt @ 1.80g/t for 1,750,000oz (Measured and Indicated) +
• 6.98Mt @ 1.62g/t for 362,000 oz (Inferred).

Adamus Resources Limited owns 90% of the Southern Ashanti Gold Project (SAGP) located in south-western Ghana which is being developed as an open pit operation. "Nzema" pronounced 'en zimmer' is the name of the people and the local region in which the Project is located. The SAGP will be named Nzema Gold Operations in honour of the people and the region.               

Current Operations

The Southern Ashanti Gold Project (SAGP) 
Located in south-western Ghana, West Africa, approximately 280km west of Ghana's capital city Accra. The SAGP consists of a contiguous block of granted tenure covering approximately 644 square kilometres, accessible via 80km of sealed roads from the major port city of Takoradi and in close proximity to the major mining centre at Tarkwa.

"Nzema" pronounced 'en zimmer' is the name of the people and the local region in which the Project is located. The SAGP will be named Nzema Gold Operations in honour of the people and the region.

The SAGP is situated on the southern extension of the Ashanti Gold Belt, host to over 100Moz of gold. The tenements themselves lie just 40km south of the world class deposits of Bogosu (3.3Moz) and Prestea (10.7Moz).

Historically the deposit has had no formal mining with the exception of the Salman-Akango pit chain, with non-mechanised mining conducted in the 1890's a number of companies including BHP Billiton, Resolute Mining, Semafo, Samax and Ashanti Goldfields have all undertaken various exploration studies and work. Adamus acquired the Salman concession in 2002, the Akango (Salman North) concession in 2003, the Anwia concessions in 2004 and Anwia South concession in 2006.

Deposit	Catergory	Tonnage    (Mt)	Grade Au (g/t)	Contained
Combined Salman and Anwia	Measured	20.3 Mt	1.84	1.200,000
Combined Salman and Anwia	Indicated	9.9 Mt	1.73	550,000
Total Southern Ashanti Gold Project	Measured & Indicated	30.2 Mt	1.8	1,750,000
and	Inferred	6.98 Mt	1.62	362,000

Table 1: Southern Ashanti Gold Project, Resource Estimate @0.8g/t Au COG.

Serpentine Ridge Project
Adamus holds 100% interest in the Serpentine Ridge exploration licence. The tenement covers the Wilson River and Huskisson River ultramafic complexes, located north of Ranison Bell in Western Tasmania (Serpentine Ridge location and regional geology). The Wilson River and Huskisson River ultramafics represent the northern strike continuations of the sequence that hosts the Avebury nickel deposit, presently being developed by Allegiance Mining.

The Serpentine Ridge exploration areas are currently under Joint Venture evaluation by a third party.

Geographical Spread

West Africa

Board of Directors and Key Management

Board fo Directors
John Hopkins	Non-Executive Chairman
Mark Bojanjac	Managing Director/CEO
Mark Connelly	Executive Director/COO
Dr Tony Harwood	Non-Executive Director
Peter Tredger	Non-Executive Director
Ian Cunningham	Company Secretary
Management
Ron Heeks	Chief Technical Officer
Mike Ezan	Adamus Director Ghana
Mark Addo	Manager, Business
Paul Sowley	Manager, Environmental and Safety
Patrick Ampong	Community Development

Company Address Level 2, 45 Richardson Street West Perth, Australia 6005 Telephone: + 61 8 9322 5943 Facsimile: + 61 8 9322 5907 Email: info[at]adamusresources.com.au Website: http://www.adamusresources.com.au

Additional Address/Key Contact PO Box 568 West Perth 6872 Western Australia Australia

Capital Total Shares on Issue (ADU): 154,492,376

Year End June 30

Major Shareholders

Macquarie Bank	19%
Gardner & Hightime	17%
Equigold / Lihir	7%
Total	43%

Related News

18/06/09 - Adamus Gives The Green Light To Development At Its Gold Mine In Ghana: The Next Step Is To Raise The Funding
03/12/08 - Broken Down Washing Machine Wipes $8 Million Off The Value Of Adamus Resources
12/05/08 - Adamus Resources Now Has The Winning Post Of Gold Production Firmly In Sight

Most Recent Statement

23/06/09 - Adamus Further Increases Ghana Landholding
12/06/09 - Straits Minerals - Private Placement
10/06/09 - Green light granted for gold project in Ghana
14/05/09 - Kanyankaw Initial Results
30/04/09 - Quarterly Activities Report and Appendix 5B
16/04/09 - Gold Ore Reserve Update-Revised