09:38 AM EST - AM Gold Inc. : announced that the first drill hole of the 2010 program, ICE10028, intersected 487.40 metres of gold mineralization averaging a grade of 0.72 grams per tonne gold starting at surface to a depth of 487.40 metres on its 100% owned Red Mountain gold property located in the Tintina Gold Belt, Yukon Territory, Canada. AM Gold Inc.
shares V.AMG are trading even at $0.54.
