AMG

AM Gold Inc. (TSX VENTURE: AMG)(FRANKFURT: AMX) ("AM Gold" or the "Company") will be exhibiting at the upcoming Phoenix Resource Investment Conference to be held at the Renaissance Glendale Hotel and Spa on February 18-19, 2011. If you reside in the Phoenix area, or are planning to attend the show, we invite you to visit us at Booth #110.

Admission to the show is FREE when you pre-register online at: http://cambridgehouse.com/conference-details/phoenix-resource-investment-conference-2011/16

Event Details:

Event: Phoenix Resource Investment Conference

Location: Renaissance Glendale Hotel and Spa (9495 W. Coyotes Boulevard, Glendale, Arizona, USA)

Dates/Time: Friday, Feb. 18 (7:30 am to 6 pm) / Saturday, Feb. 19 (7:30 am to 6 pm)

AM Gold Location: Booth #110

We look forward to seeing you at the show!

The Company also announces that is no longer using the services of Progressive IR Consultants Corp.

About AM Gold Inc.

AM Gold Inc. is a publicly held resource company based in Vancouver, Canada. The Company is listed on the TSX Venture Exchange under the symbol "AMG" and is quoted on the Frankfurt Exchange under the symbol "AMX". The Company is focused on creating shareholder value through the development of the Company's flagship gold and gold-copper projects in the Yukon and Peru while building a portfolio of quality pipeline projects in North and South America. The Company's Red Mountain gold property is located in central Yukon Territory approximately 55 kilometres northwest of the community of Mayo in the Tintina Gold Belt. AM Gold holds an 80% interest in Red Mountain with an option to acquire 100% ownership of the 52 contiguous claims that constitute the property and cover approximately 1,168 hectares. AM Gold's Pinaya gold-copper project is located approximately 775 kilometres southeast of the city of Lima, Peru in the Tintaya Gold Belt. The Company maintains 100% ownership of 35 mining concessions covering the 19,200 hectare Pinaya land position. AM Gold's corporate offices are located at Suite 305 - 369 Terminal Avenue, Vancouver, British Columbia, V6A 4C4 (phone: 604-646-0067).

On behalf of the Board:

Gerald Aberle, President & COO

AM GOLD INC.

This news release has been prepared by management. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or achievements implied by these forward looking statements. We seek safe harbor.

Contacts: AM Gold Inc. Murray Caruth 1-604-646-0067 604-692-0117 (FAX) mcaruth@amgold.ca www.amgold.ca