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Amera Resources CorporationFebruary 6th 2008Amera Resources Corporation - AMS Amera Resources Corporation (AMS-TSX.V; AJRSF-OTC; OAY-Frankfurt)(The “Company”) is pleased to announce that a 2,500 metre diamond drill program is underway on the Laguna Gold Project, situated in the prolific Cerro de Pasco District, west-central Peru. Drilling will primarily focus on testing targets previously identified by Placer Dome Inc. that have similar characteristics to the producing Quicay gold deposit that the Laguna Gold Project surrounds. Amera’s primary targets on the Laguna Project are buried high sulphidation gold or polymetallic deposits. “Placer Dome, the previous owner, never had the opportunity to drill test the targets generated by their extensive exploration program on the property because of their takeover by Barrick Gold Corp.,” stated Nikolaos Cacos, President and C.E.O. “This takeover has resulted in an exciting opportunity for Amera and its shareholders." The Laguna Gold Project is located in the prolific Cerro de Pasco district and is immediately west of the mineral belt that includes the large Cerro de Pasco and Colquijirca polymetallic deposits. In addition, the Laguna Gold Project surrounds the Quicay high sulphidation epithermal gold deposit, currently being mined by a private Peruvian company. Approximately 50% of the property is 100%-owned by Amera with the remainder under option for up to a 90% interest. In 2001, Anglo American Exploration Peru S.A. carried out a large Spectrum airborne survey with 200m line spacing identifying 37 targets in the Laguna area. The Spectrum system measures conductivity/resistivity and included a magnetometer. Placer Dome acquired an option on the property in 2005 and carried out propertywide geochemical survey, reviewed the Anglo Spectrum data and anomalies and conducted a review of surface geology and structure. The result of Placer Dome’s work was the identification of 6 high priority drill targets selected for testing in 2006. With the takeover of Placer Dome by Barrick Gold Corporation the Laguna Gold Project option was terminated and the targets have yet to be tested. Amera has acquired the sizable exploration database and will be using it to confirm the previously-identified targets. News Releases from Amera Resources Corporation:February 6th 2008 - Cocha Drill Program Update
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