Amseco Exploration Ltd.: First Three Diamond Drill Holes in Barry-Urban Intersect Zone 18

Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco") announces the geological
results of the first three diamond drill holes ("DDHs") of its winter campaign
as well as the completion of its detailed Lac Rouleau IP and MAG surveys. 


The geology encountered in Amseco's first 3 DDHs at Lac Rouleau is identical to
the geology encountered and reported by Falconbridge-Beaufield in 1986-1988 and
by Beaufield in 2004. The core samples will soon be sent to the laboratory for
assay and as soon as results are received they will be announced. 


Historically, Falconbridge and Beaufield report that the drill holes in Zone 18
show mineralised widths of between 1 to 5 m with average grades between 1 g/t to
27 g/t Au. According to the "Ministere des Ressources naturelles et de la Faune
du Quebec" ("MRnF-Q"), non 43-101 compliant resources would be approximately of
600,000 tons grading 6,9 g/t Au (# Cogite 32G04-0011). 


Some historical drill holes gave the following results :



DDH #               Au grade            Intersection (m)    
------------------------------------------------------------
101-76              21.31 g/t           0.22 m              
87-63               27.53 g/t           3.05 m              
87-51               7.64 g/t            7.42 m              
BFRL 401            11.63 g/t           3.73 m              
BFRL 409            6.05 g/t            4.49 m              
101-68              5.82 g/t            6.00 m              



The first three DDH, out of a total of 6 for 2,400 metres of drilling, have all
intersected the Lac Rouleau Fault ("LRF") and Zone 18. Generally, LRF
corresponds to a vertical shear zone with a ENE orientation. Its average width
is between 20 to 40 meters and is indicated over a length of at least 2,500 m by
DDH and geophysical surveys.


The LRF marks the contact between the Macho Formation basalts in the south and a
felsic blocky tuff unit to blocks in the North, called "Rouleau member". The
fault shows an intensification of the alteration and shearing of the surrounding
units. The alteration products reveal some chlorite, carbonate and quartz while
the product of the shear and the deformation units show a lengthening of the
tuff fragments as well as a strongly developed schist to chlorite and little to
extremely deformed quartz-carbonate veins. Locally fuschite, albite and
tourmaline are associated to quartz-carbonate veins. The LRF contains low grade
pyrite levels (tr-2%).


The mineralisation of Zone 18 consists in native gold (rarely visible) and in
auriferous pyrite (3-5%) disseminated in a very silicified white, light to dark
grey to grey-black colored rock. The zone is cut by quartz-carbonate veinlets.
Gold is found in micro-fractures in the silicified rock or in thin flakes that
follow the edge of the quartz-carbonate veinlets. 


Geological results of the first 3 DDHs:

The current drill program was oriented in a section which covers the extension
of the Lac Rouleau Fault ("LRF") found at vertical depths of -150 m and -300 m
below surface and located between lines L1975 E and L 2100 E. 


DDH RL11-01 

Line : 2100 E Station : 109+00 N Azimuth : 346 degrees  Incline : -55 degrees 
Length : 252 metres 


The LRF was intersected between 152 and 217 m, over a 65 m. length (37 m.
horizontal). 


DDH RL11-02 

Line : 2100 E Station : 108+00 N Azimuth : 346 degrees  Incline : -50 degrees 
Length : 363 metres


The LRF was intersected between 228 and 298 m, over a length of 70 m. (45 m.
horizontal). 


DDH RL11-05 

Line : 2000 E Station : 108+00 N Azimuth : 346 degrees  Incline : -50 degrees 
Length : 400 metres


The LRF was intersected between 279 and 348 m, over a length of 68 m. (44. m
horizontal). 


The data from the recently completed IP and MAG survey is being interpreted at
the moment. The final report should be received within the next month. The
results will be announced as soon as they are received. 


The Lac Rouleau property is located in the Barry-Urban, Quebec, mining camp and
is the object of an option agreement to acquire a 50% interest from Beaufield
Resources Inc. ("BFD" :TSX-V). This region is also being actively explored by
Metanor ("MTO" : TSX-V), Eagle Hill ("EAG" : TSX-V), Bon Terra ("BTR" :TSX-V)
and Key Gold Holding ("KGH" : TSX-V).


Amseco's management is encouraged about the geological results. It awaits the
assay results of the completed DDHs. A fourth DDH RL11-03 is being completed and
two other ones are planned (RL11-04 and RL11-06). 


Amseco is waiting for the laboratory assay results on its recently completed
Malartic project DDH program. As soon as the lab report is received it will be
released.


This press release has been prepared by, Jean-Pierre Cloutier, P. Geo. He is a
Qualified Person under National Instrument NI-43-101. He is a Director of Amseco
Exploration and currently leads the company's exploration efforts in the
Barry-Urban area.


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