AMPELLA MINING LTD. 
By ASX / MEDIA ANNOUNCEMENT 31 AUGUST 2011
AMPELLA?S KONKERA RESOURCE SET FOR UPGRADE FOLLOWING HIGH-GRADE GOLD INTERSECTIONS?High-grade gold mineralisation confirmed from first past deep drilling program over a
2km strike at Konkera North to 400 metres vertical:
?16 metres at 4.4 g/t gold and 8 metres at 6.5 g/t gold (KNRD427)
?11 metres at 3.7 g/t gold and 4 metres at 7.3 g/t gold (KNRD420)
?7 metres at 4.6 g/t gold, 5 metres at 5.8 g/t gold and 5 metres at 5.0 g/t gold
(KNRD430)
?The drill results could significantly increase the current 2.2 million ounce JORC Code Compliant Konkera Gold Resource and pull pit designs significantly below the current resource.
?Deeper drilling is wide-spaced but highlights the prospectivity of this region to host potential underground mineralisation that would complement open-pit mining.
?Ongoing infill drilling will be used to increase the confidence levels and the number of ounces in the current 2.2 million ounce JORC Code Compliant Konkera Gold Resource due for an upgrade in Q4 2011.
Ampella Mining Limited (ASX: AMX) is pleased to announce significant high-grade gold mineralisation from first pass deep drilling program at its flagship Batie West project in Burkina Faso, West Africa.
The deep drilling program at Konkera North has the potential to add a substantial increase to the current 2.2 million ounce JORC Code Compliant Konkera Gold Resource (Indicated Resource of
22.5 Mt at 1.6 g/t gold for 1,182,600 ounces gold and Inferred Resource of 19.9 Mt at 1.6 g/t gold for
1,041,500 ounces gold) which is due for an upgrade in Q4 2011 (Fig. 1).
Konkera Resource
At Konkera North, gold assays have now been received for 16 out of 19 deep drill-holes for a total of 7,966.1 metres of drilling designed to test a 2,000 metre long strike of the current resource down to a depth of 400 metres vertical (Fig. 2). Each hole intersected the targeted ore position at depth which included intercepts of intense albite-sericite-carbonate-pyrite alteration. The best multiple intersections received were (Table 1):
?16 metres at 4.4 g/t gold and 8 metres at 6.5 g/t gold (KNRD427)
?11 metres at 3.7 g/t gold and 4 metres at 7.3 g/t gold (KNRD420)
?7 metres at 4.6 g/t gold, 5 metres at 5.8 g/t gold and 5 metres at 5.0 g/t gold
(KNRD430)
?23 metres at 2.4 g/t gold and 11 metres at 2.0 g/t gold (KNRD415)
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Suite 22, Level 1
513 Hay Street Subiaco WA 6008
PO Box 352 Subiaco WA 6904
ABN. 59 121 152 001 phone. +61 8 6142 0980 fax. +61 8 9227 0761
email. info@ampella.com.au
Assay results from the three remaining deep drill holes will be released to the market as they become available. Each of these drill holes has intersected significant zones of intense albite- sericite-carbonate-pyrite alteration considered to be associated with gold mineralisation contained in the existing Indicated and Inferred Resource.
Highlights for the most significant new results associated with deep drilling are presented in Table 1 below. All of the latest drill results will be included in the Konkera Resource upgrade due for completion in Q4 2011.
TABLE 1. Highlights from deeper drilling at Konkera North.
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Ongoing infill drilling will be used to increase the confidence levels for new gold ounces added to this resource and could pull open-pit designs significantly below the current resource. This first pass drilling will also provide valuable geological information which can be used to target the plunge of any of the previously intersected higher grade shoots of mineralisation that will be targeted to test the underground potential of the deposit.
Ampella plans to complete in excess of 200,000 metres of diamond and reverse circulation drilling throughout 2011 as part of a $31M exploration program, focussed primarily on resource expansion at its Konkera Prospect and resource identification at new regional targets across its Batie West project in Burkina Faso, West Africa.
For further information, please contact:
Dr Paul Kitto ? Managing Director: +61 419 883 563 (Australia) Evan Cranston ? Executive Director - Corporate: +61 408 865 838
Media:
Warrick Hazeldine ? Purple Communications: +61 417 944 616
Karen Oswald ? Purple Communications: +61 423 602 353
Website: www.ampella.com.au
Ampella is a gold exploration and mine development company with a mission to acquire, explore, develop and mine high quality mineral assets resulting in wealth creation through efficient and responsible stewardship of its resources for the benefit of shareholders and other stakeholders in the West African country of Burkina Faso, one of the world?s fastest growing gold producing regions. Ampella?s management team, with over 80 years African experience, is solely focused on developing the Konkera Resource and exploring a pipeline of high quality gold prospects across its Batie West Project.
The information in this report that relates to exploration results is based on information compiled by Dr Paul Kitto, who is a member of the Australian Institute of Geoscientists. Dr Kitto is employed by Ampella Mining Ltd. Dr Kitto has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ?Australian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves?. Dr Kitto consents to the inclusion of
the matters based on information in the form and context in which it appears.
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Figure 1. Batie West geophysics highlighting the location of the 110km long shear zone and showing the 9 permits covering 1800 sq kms. Gold stars represent locations of artisanal workings along the shear zone. The Konkera Resource is highlighted with a red star.
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1089250m
?
?? ????KONKERA???
???14m @ 1.3 g/t Au
incl. 2m @ 5.4 g/t Au
???
??NORTH1089000m ? ?
???
??? ? ??? ??37m @ 1.3 g/t Au
incl. 9m @ 3.4 g/t Au
?
?????? ??? ? ??? ? ? ?23m @ 2.4 g/t Au
1088750m
????
??incl. 8m @ 5.2 g/t Au
????
??
???????
11m @ 2.0 g/t Au incl. 2m @ 5.4 g/t Au
?????
??? ??? ? ??? ????? ??55m @ 1.8 g/t Au
1088500m
???
? ??? ????? ??incl. 11m @ 3.7 g/t Au
& 4m @ 7.3 g/t Au
?? ??
???
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?? ???? ?????? ?
???
23m @ 1.8 g/t Au
????
1088250m
incl. 7m @ 4.9 g/t Au
? ?????
???
??45m @ 1.9 g/t Au
in?cl. 16m @ 4.4 g/t Au
?
???
?
incl. 8m @ 6.5 g/t Au
??
8m @ 3.3 g/t Au ? ? ?
400Mincl. 1m @ 9.8 g/t Au
?????
? ????1088000m
??????
??????
????
???Resource Drilling
?????
??Collar
????
7m @ 4.6 g/t Au ? ?
Geochemistry Contours
28m @ 2.2 g/t Au ? ?
1087750m
9 ppb Au
50 ppb Au
100 ppb Au
250 ppb Au
incl. 5m @ 5.8 g/t Au ?
19m @ 2.2 g/t Au ?
incl. 5m @ 5.0 g/t Au
Figure 2. Drill plan for Konkera North highlighting the location of the latest deep drill-holes (red circles) and most significant intercepts. The background image is a contoured image of the auger geochemistry. The white collar locations represent those holes where assays are pending.
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Table 2: Gold Assays for Infill Drilling at Konkera Resource
Project Hole ID | From (m) | To (m) | Interval (m) | Grade (g/t Au) |
Konkera North KNRD414 | 384 | 403 | 19 | 0.3 |
KNRD415 | 417 | 423 | 6 | 1.1 |
443 | 466 | 23 | 2.4 | |
444 | 452 | incl. 8 | 5.2 | |
500 | 511 | 11 | 2.0 | |
504 | 506 | Incl. 2 | 5.4 | |
KNRD416 | 465 | 490 | 25 | 0.6 |
477 | 485 | Incl. 8 | 1.1 | |
514 | 524 | 10 | 0.8 | |
KNRD417 | 309 | 320 | 11 | 0.5 |
346 | 353 | 8 | 1.4 | |
375 | 412 | 37 | 1.3 | |
401 | 410 | Incl. 9 | 3.4 | |
401 | 402 | Incl. 1 | 19.9 | |
KNRD418 | 328 | 346 | 18 | 0.8 |
331 | 332 | Incl. 1 | 6.0 | |
375 | 381 | 6 | 1.7 | |
376 | 378 | Incl. 2 | 4.4 | |
407 | 418 | 11 | 0.6 | |
KNRD419 | 334 | 348 | 14 | 1.3 |
346 | 348 | Incl. 2 | 5.4 | |
KNRD420 | 447 | 502 | 55 | 1.8 |
491 | 502 | Incl. 11 | 3.7 | |
497 | 501 | Incl. 4 | 7.3 | |
KNRD422 | 325 | 339 | 14 | 1 |
KNRD423 | 335 | 339 | Incl. 4 | 2.3 NSR |
KNRD425 | 411 | 416 | 5 | 1.0 |
423 | 426 | 3 | 2.1 | |
443 | 448 | 5 | 1.1 | |
KNRD426 | 478 | 486 | 8 | 3.3 |
484 | 485 | Incl. 1 | 9.8 | |
500 | 510 | 10 | 0.9 | |
506 | 507 | Incl. 1 | 6.2 | |
KNRD427 | 440 | 473 | 33 | 0.8 |
452 | 458 | Incl. 6 | 1.3 | |
462 | 472 | Incl. 10 | 1.5 | |
497 | 542 | 45 | 1.9 | |
498 | 514 | Incl. 16 | 4.4 | |
500 | 508 | Incl. 8 | 6.5 | |
KNRD428 | 431 | 451 | 20 | 1.0 |
448 | 451 | Incl. 3 | 2.4 | |
473 | 479 | 6 | 1.1 | |
473 | 474 | Incl. 1 | 4.1 | |
484 | 493 | 9 | 1.0 | |
KNRD430 | 302 | 320 | 18 | 1.7 |
308 | 315 | Incl. 7 | 4.6 | |
334 | 362 | 28 | 2.2 | |
337 | 339 | Incl. 2 | 7.8 | |
353 | 358 | Incl. 5 | 5.8 | |
367 | 386 | 19 | 2.2 | |
380 | 385 | Incl. 5 | 5 | |
KNRD431 | 129 | 144 | 15 | 0.9 |
KNRD432 | 360 | 383 | 23 | 1.8 |
360 | 367 | Incl. 7 | 4.9 |
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