adu...exceptional drilling results, page-3

Gotta hand it to AnnaP. She picked this one...


ADAMUS RESOURCES LIMITED 2003-01-15 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
SALMAN PROJECT PRODUCES EXCEPTIONAL DRILLING RESULTS - INCLUDING
75 METRES @ 3.1g/t GOLD FROM SURFACE

The Directors of Adamus Resources are pleased to announce initial
results from the Company's first drilling program at its 100% owned
Salman Gold Project located on the Ashanti Gold Belt in Ghana, West
Africa. Assays have been received from the first 17 drill holes,
identifying substantial gold mineralisation in the top 80 metres. The
following table summarizes significant results to date.

TABLE 1. ASSAY RESULTS FROM RC DRILLING AT THE SALMAN GOLD PROJECT

HOLE PROSPECT EASTING NORTHING FROM INTERVAL AU g/t
METRES METRES GOLD

SNRC001 Central Zone 584230 551845 45 33 2.6
SNRC002 Central Zone 584271 551819 45 12 2.7
SNRC003 Central Zone 584236 552176 0 75 3.1
Including 2 27 5.2
SNRC004 Central Zone 584265 552143 14 22 3.2
62 21 1.1
SNRC005 Northern Zone 584426 554543 22 3 3.0
SNRC006 Northern Zone 584472 554531 0 10 2.7
54 16 3.3
SNRC008 Northern Zone 584453 554305 0 13 2.2
40 11 2.7
SNRC009 Northern Zone 584499 554302 40 23 3.0
*SNRC014 Central Zone 584250 551900 0 24 3.6
*SNRC015 Central Zone 584200 552050 24 24 1.8
68 4 4.0
*SNRC016 Central Zone 584250 552050 8 32 3.3
60 8 5.6
*SNRC017 Central Zone 584280 552050 0 24 3.4

Note: Al intersections other than those with an asterix are 1 metre
splits of RC drill chips, which have been analysed by Fire Assay at
Transworld Laboratories in Tarkwa, Ghana.

* Intersections derived from 4m spear composites of RC drill chips.

The results tabulated above are the first part of a comprehensive
drill program consisting of approximately 50 RC holes, designed to
test one section, of an insitu gold anomaly that extends for over 4
kilometres along strike. The drill program has been focused on two
specific areas within the 4 kilometre long anomaly, namely the
Central Zone and Northern Zone. These areas demonstrated substantial
mineralisation at surface with trench sampling recording up to 100m
at 6.1g/t gold.

On completion of the program both the Central and Northern Zones,
which have a combined strike length of 1.2 kilometres, will have been
drill tested down to a line spacing of 50 metres. The results will
provide both assay data and geological information to assist in
defining a gold resource and in building a geological model for the
mineralisation at Salman.

The drill program is on-going with results due periodically over the
next six to eight weeks.

Detailed information on all aspects of the Salman Gold Project can be
found on the Company's comprehensive website
www.adamusresources.com.au.

H Halliday
MANAGING DIRECTOR