American Bonanza Gold Corp


A significant new quartz-carbonate vein system has been intersected on the Martiniere property. Several Taurus holes drilled in 1999 and 2000 expand the original Cyprus discovery to over a 400-metre strike length. Drilling to date indicates a significant economic potential for this system. Additional drilling is required to determine the controls and distribution of mineralization and to further explore the deposit.

There is also considerable potential for the discovery of additional systems of gold mineralization on the remainder of the large Martiniere property. Geophysical work indicates numerous anomalies similar to the recent discovery and intercepts of strongly anomalous gold in holes peripheral to the discovery zone further indicate that a robust gold system is present.