ADU Adamus Res Ltd.

PERTH, Western Australia, Aug. 30, 2011 /CNW/ -- NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Highlights -- Fieldwork underway -- Positive results obtained PERTH, Western Australia, Aug. 30, 2011 /CNW/ - Adamus Resources Limited (Adamus) (ASX: ADU) (TSXV: ADU) is pleased to announce initial reconnaissance work on its Bopulu mineral reconnaissance licence in Liberia has discovered large areas of noted alluvial mining and hardrock workings with visible gold. Adamus' General Manager Exploration, Martin Bennett, visited Liberia in August 2011 to meet local government and community representatives and to review progress of its exploration programs. Bopulu is one of three Mineral Reconnaissance Licences (MRLs) in Liberia that was granted to Liberia in April 2011. The licences are located in western Liberia in the prospective Archaean belt that hosts Aureus Gold Ltd's estimated 1.5Moz New Liberty deposit. Adamus has moved quickly to commence exploration on the MRLs and currently has a team of geologists, field technicians and local workers conducting a soil sampling program on the Bopolu licence. Sampling on the Mambo licence is due to commence immediately. Adamus CEO Mark Connelly said:  "This is an exciting development, as it confirms what we have believed for a long time - that Liberia has enormous potential as a second focus of exploration for Adamus. "With our Nzema Gold Project in Ghana in commercial production, we have been stepping up our exploration in the region, and we are now starting to see the results of this program." To ensure the rapid commencement of fieldwork, a geologist has been seconded to Liberia from Adamus' Nzema Gold Project in Ghana, and SEMS Consulting is assisting with logistics and support staff.  A base has been set up in the town of Bopolu and initial consultation with local mining agents and community representatives has been completed. At the Bopolu MRL the target area is a group of noted workings in the northwest portion of the licence that drain a ridge underlain by a prospective unit of sheared iron formation, amphibole and quartzite.  Several hardrock workings have been discovered along the ridge where a series of quartz veins in k-felspar altered rock has been exploited.  The quartz veins contain pyrite with visible gold and are the likely source of the alluvial gold in the adjacent valleys. Traverses of soil sampling across the ridge are underway and stream sediment sampling is also planned over the northwest portion of the licence.  There are numerous alluvial workings in the area which will be systematically mapped and sampled over coming months. At the Mambo MRL, meetings have been held with local mining agents and community representatives.  They have confirmed the location of noted previous mining activity which will be the initial focus of the soil sampling program.  Soil sampling will also be conducted to test aeromagnetic lineaments adjacent to Aureus Gold's New Liberty deposit. Fasama MRL is the most northerly and remote of the three licences.  Reconnaissance work is planned in the next few weeks to locate and assess an area of activity near the town of Fasama. Meetings have been held with Liberian government officials to discuss proposed work programs and progress on fieldwork. About Adamus Adamus Resources is a gold producer, with its key asset located in Ghana, West Africa.  The company poured its first gold in January 2011, entered commercial production three months later and is on target is to produce 100,000 ounces of gold annually from its flagship Nzema Gold Project.  The project includes open pit mining operations, a processing facility and associated infrastructure to mine and process ore.  On current estimates the project has a minimum life of 10 years. As well as continuing with an extensive exploration program aimed at expanding its operations in Ghana, Adamus is also targeting additional discoveries from its significant landholding in Liberia.  Both countries provide a stable, mining-friendly political and economic environment for Adamus to operate. Adamus is headquartered in Perth, Western Australia. The company is listed on the Australian Securities Exchange, TSX Venture Exchange and Frankfurt Stock Exchange Open Market. In August 2011 the Company announced its intention to merge with Endeavour Mining Corporation.  Endeavour owns the Youga Gold Mine in Burkina Faso, West Africa as well as a pipeline of exploration and development projects in the region.  If approved by Adamus and Endeavour shareholders, the merger is likely to take place in December 2011. Kind regards ADAMUS RESOURCES LIMITED "signed" Mark Connelly Managing Director/CEO 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. Caution Regarding Forward Looking Information. Certain statements included in this announcement, including information regarding Adamus' plans with respect to its mineral properties, constitute forward-looking information.  Forward-looking information includes, among other things, statements regarding expected operations.  Forward-looking information is based upon a number of estimates and assumptions made by the Company in light of its experience, current conditions and expectations of future developments, as well as other factors that the Company believes are appropriate in the circumstances.  While these estimates and assumptions are considered reasonable by the Company, they are inherently subject to business, economic, competitive, political and social uncertainties and contingencies.  Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of, the Company.  Such factors include, among other things, risks relating to additional funding requirements, metal prices, exploration, development and operating risks, competition, production risks, regulatory restrictions, including environmental regulation and liability and potential title disputes.  Investors are cautioned that forward-looking information is no guarantee of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking information due to the inherent uncertainty therein.  Forward-looking information is made as at the date of this announcement and the Company disclaims any intent or obligation to update publicly such forward-looking information, whether as a result of new information, future events or results or otherwise. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/August2011/29/c7144.html p Mark Connelly - Managing Director / CEObr/ +61 8 9322 5943br/ email: a href="mailto:info@adamusresources.com.au"info@adamusresources.com.au/a /p p align="justify" iFor media enquiries contact:/i /p p align="justify" David Ikin - Professional Public Relationsbr/ +61 8 9388 0944br/ email:  a href="mailto:david.ikin@ppr.com.au"david.ikin@ppr.com.au/a /p

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