Amarillo Gold Corporation announced results from 15 new drill holes on the Company’s Mara Rosa Property in Goiás State, Brazil. Located 3.5 kilometres northeast of Amarillo’s flagship Posse Gold Deposit, the Pastinho Deposit is a near-surface tabular shaped deposit striking 1,700 metres in a northeast-southwest direction that dips approximately 60 degrees northwest. Amarillo is expanding its overall diamond drill program at Mara Rosa by 3,000 metres to follow up on the gold mineralization at Pastinho, which remains open along strike and down dip. Pastinho drilling highlights: 3,767 metres of diamond drilling consisting of 23 holes has been completed at Pastinho; Remarkably, all 15 drill holes received to date intersected elevated gold values, demonstrating the notable consistency of the Pastinho Gold Deposit; Assay results have been received for 15 holes spanning a strike length of 1,200 metres from section line 14.00 to section line 38.00; Partial drilling results from drillhole 21PTN017 collared on section 38.00 returned 7.00 metre grading 0.9 g/t gold. This hole was the most north-easterly collared hole of the program and extends known gold mineralization by 250 metres of strike length to the northeast where the deposit remains open Drillhole 21PTN016 returned 6 metres grading 1.57 g/t gold from 42.00 metres on Section Line 24.00, demonstrating that higher relative gold grades over good thickness exist within the Pastinho Deposit. Several drill holes have encountered multiple parallel gold zones and more work is required to better understand the nature and extent of these parallel gold-bearing structures: 21PTN009 intersected 7.00 metres grading 0.89 g/t gold from 35.00 metres; 1.00 metres grading 3.430 g/t gold from 51.00 metres; 7.50 metres grading 0.93 g/t gold from 67.50 metres; Pastinho remains open along strike and at depth; A follow-up 3,000 metres drilling program will continue testing the downdip and strike extension of Pastinho. About the 2021 drilling program: The goal of the 2021 drilling program is to: confirm that primary gold mineralization occurs below the surface trace of the gold-bearing surface trenches; test the strike extent of the deposit to the northeast; look for a higher-grade and potentially thicker zone of mineralization. Drill holes were collared in the hanging wall of the deposit and drilled perpendicular to the interpreted northwest dip plane of the tabular structure. The azimuths of the drill holes were oriented southeast and inclined usually at an angle of 60 degrees. Generally, holes were collared every 50 metres targeting vertical depths of 50 to 100 metres along the strike length of the gold deposit. About drilling at Pastinho: Results have been received for 15 holes representing 2,228.9 metres drilled into Pastinho. Overall 23 holes totalling 3,787 metres were completed. The holes tested a strike length of 1,200 metres from section line 14.00 to 38.00, and each section line is spaced 50 metres. Remarkably, all 15 drill holes intersected elevated gold values, demonstrating the notable consistency of the Pastinho gold deposit. Assay results show elevated gold values over wide thicknesses. Furthermore, mineralization begins at surface and has been confirmed to vertical depths of more than 100 metres and widths of 5 to 20 metres. The deposit remains open along strike and down dip. Key takeaways from the drilling are: primary gold mineralization has been defined below the surface trenches along and beyond the strike length of the surface trenches to the northeast gold mineralization was encountered in drill hole 21PTN017, 200 metres northeast of trench 20TCH009 confirming that the gold deposit remains open to the northeast wider and higher grades zones are beginning to develop within the south-central portion of the deposit. Furthermore, multiple parallel gold structures have been observed. Much more work needs to be completed to better understand the nature of the deposit here. Pastinho drill results: notable details: Pastinho is demonstrating remarkable consistency and is dipping approximately 60 degrees to the north west. For example, drill hole 21PTN001 intersected 12.00 metres grading 0.79 g/t gold on section line 14.00 in the central southwestern portion of Pastinho. Drill hole 21PTN002 was collared 100 metres northeast on Section line 16.00 and returned 13.00 metres grading 0.98 g/t gold at a vertical depth of 30 metres. Drill hole 21PT005 was a step out hole also collared on Section line 16.00 and intersected 15.00 metres grading 1.00 g/t gold (including 4.00 metres grading 2.67 g/t gold) at a vertical depth of 80 metres. Multiple parallel gold structures have been observed at Pastinho. For instance, on section 17.00 a further 50 metres to the northeast, drill hole 21PT007 returned multiple gold intercepts including: 7.00 metres grading 1.37 g.t gold from 73.00 metres; 12.50 metres grading 0.55 g/t gold from 112.50 metres. Also on section 17.00, hole 21PTN009 likewise intersected three intervals of gold mineralization including: 7.00 metres grading 0.89 g/t gold from 37.00 metres; 1.00 metres grading 3.430 g/t gold from 51.00 metres; 7.50 metres grading 0.931 g/t gold from 67.50 metres. Drill hole 21PTN008 on section 18.00 intersected three intervals of gold including: 7.00 metres grading 0.80 g/t gold 6.00 metres grading 0.67 g/t gold; 10.00 metres grading 0.71 g/t gold. These results demonstrate that at least three parallel gold-bearing structures exist in this portion of the deposit. Pastinho is demonstrating that higher grade “sweet spots” exist. For instance, on section 22.00 drill hole 21PTN010 intersected 7.00 metres grading 1.02 g/t gold from 46 metres. One hundred metres to the northeast on section 24.00, drill hole 21PTN016 returned 6.00 metres grading 1.573 g/t gold. These results suggest a potential corridor of relatively higher-grade gold mineralization. Pastinho is wide open along strike to the northeast. The drilling program tested the northeast strike extension of the deposit by collaring one hole 200 metres northeast of the most northeasterly surface trench (20T009). Hole 21PTN017 returned 7.00 metres grading 0.88 g/t gold on section line 38.00. This hole extends known gold mineralization to the northeast by 200 metres and remains open along strike to the northeast.