Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco") announces diamond drill
hole ("DDH") assay results for its winter drilling campaign at Lac Rouleau
property in Barry-Urban area (NTS 32G04). 


Between February and April 2011 the Corporation drilled six (6) DDHs for a total
depth of 1,950 meters in BQ gauge (36.5 mm). Four holes intersected the Lac
Rouleau Fault ("LRF") and Zone 18, while one hole did not show evidence of the
typical alteration found in the LRF and the last hole was prematurely stopped
due to a technical problem and the spring thaw.


The LRF corresponds to a ENE-oriented vertical shear zone. Its average thickness
is between 20 to 40 m, and is shown by historical drillings and geophysical
surveys to extend over a minimum length of 2,500 meters. Zone 18 is a Gold zone
interspaced within the LRF. The mineralisation is made up of native Gold (rarely
visible) and auriferous pyrite (3-5%) disseminated in a highly silicified rock
which is intersected by narrow veins and milky white to grey to black quartz
veinlets and carbonates. Gold is found within micro-factures mostly associated
with quartz veins and veinlets. 


According to the "Ministere des ressources naturelles et de la Faune-Quebec"
(MnrF-Q"), the resources would be approximately 600,000 tonnes grading 6.9 g/t
Au (No. Cogite# 32G04-0011) or 544,000 tonnes grading 7.2 g/t A (RG 2001-14).
These resources are non-43-101 compliant.


Assay Results:

The DDHs from the recently completed campaign were sunk amidst a segment of the
LRF where historical DDHs had identified Zone 18. The 2011 DDHs were located
between metric lines L1975 E and L 2100E and at vertical depths between -150m
and -300m underground. 201 samples were taken, averaging 1 meter in length, and
assayed by Laboratoire Expert, Rouyn-Noranda, QC. The assay method used was
(FA-GEO- detection limit 5 ppb). In the case of Au assay results of more than
1,000 ppb the laboratory submitted the sample to another assay method which was
mostly Fire Assay. Amseco's sampling and the lab assays complied with "Mineral
exploration best practice guidelines" as recommended by Canadian Institute of
Mines (CIM).


Geological results:

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). The silicified zone which corresponds to Zone 18 is intersected by
white quartz veins and veinlets (158.67 to 167.85 m) and by black quartz (167.85
to 179.71 m). This zone is strongly anomalous grading 882 ppb Au over a length
of 20.33 m.


The individual values in excess of 1,000 ppb Au ( 1 g/t Au) are as follows:



Au ppb FA-GEO    Length (m)      from        to             Au g/t FA-GRAV
--------------------------------------------------------------------------
3,910                  1.33    158.67    160.00                       4.01
2,847                  1.15    167.85    169.00   2.37/4.59/4.53/3.91/3.02
1,570                  1.00    172.00    173.00                       1.71
1,877                  1.00    174.00    175.00                       1.99



DDH RL11-02

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


A greatly altered zone was intersected between 228 m to 298 m, over a length of
70 m (45 m horizontal). The most interesting rocks included ultramafics (228 m
to 236m) and a basalt (236m to 252 m), both with up to 40% quartz veins and
veinlets. The white quartz vein and veinlet interspaced section graded 87 ppb Au
over a length of 23.24 m. At this time it is not possible to say whether this
zone represents a section of LRF that is out of place or if it is another shear
zone.


DDH RL 11-03 

Line: 2075 E Station : 108+00 N Azimuth : 346 degrees  Incline : -60 degrees 
Length : 450 metres 


The LRF was intersected between 362 m to 400 m, over a length of 38 m (19 m
horizontal). Zone 18 was intersected but the rock while being silicified was not
interspaced by quartz veins or veinlets. This zone grades 39 ppb Au over 27.10
m. The highest value is 374 ppb Au over 1.53 m.


DDH RL 11-04

Line: 2025 E Station : 108+00 N Azimuth : 346 degrees  Incline : -60 degrees 
Length : 434 metres 


The LRF was intersected between 368 m to 434 m, over a length of 66 m (33m
horizontal). Similarly to the previous DDH, Zone 18 was intersected but while
the rock was silicified it was not interspaced by quartz veins or veinlets. This
zone grades 57 ppb Au over 22.63 m. The highest value was 277 ppb Au over 1.00
m.


DDH RL11-05

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


The LRF was intersected between 308 and 348 m over a length of 40 m. (28 m
horizontal). The silicified zone corresponding to Zone 18 was intersected
between 314.00 to 317.00 m by black quartz veinlets associated with 3% to 5%
pyrite. The average is 3,448 ppb Au over 3.00 m. The individual values are as
follows:




Au ppb FA-GEO      Length (m)      from        to        Au g/t FA-GRAV
-----------------------------------------------------------------------
2,678                    1.00    314.00    315.00                  2.71
6,417                    1.00    315.00    316.00                  6.65
1,250                    1.00    316.00    317.00                  1.37



An altered zone, preceding LRF and located 279 m to 308 m was also intersected.
The better grades were obtained in basalt made up of at least 25% white quartz
veins and veinlets.




Au ppb FA-GEO      Length (m)     from       to
-----------------------------------------------
690                      2.00   282.00   284.00
597                      2.00   287.00   289.00



The following interesting value was obtained outside of Zone 18 but within the LRF:



Au ppb FA-GEO      Length (m)     from       to   Au g/t FA-GRAV
----------------------------------------------------------------
2,412                    1.00   322.00   323.00             2.57



A Tuft block intersected by the LRF showed anomalous Au values at a depth
between 333.00 and 348.00 m. The weighted average grade was: 709 ppb Au over
15.00 m. The individual values exceeding 1,000 ppb Au are as follows:




Au ppb FA-GEO      Length (m)     from       to   Au g/t FA-GRAV
----------------------------------------------------------------
2,480                    1.00   333.00   334.00             2.40
1,515                    1.00   341.00   342.00             1.44
1,300                    1.00   346.00   347.00             1.23



DDH RL11-06

Line: 1975 E Station : 108+00 N Azimuth : 346 degrees  Incline : -55 degrees 
Length : 51 metres 


This drill hole was stopped at 51 m due to unstable casings and the advance
spring thaw.


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. This region is also being actively explored by Metanor, Eagle
Hill, Bon Terra and Key Gold Holding.


Amseco's management is encouraged by these good results. The gold assays and the
width of the LRF show that this is a major structure and that it extends on both
sides of Zone 18. The ongoing analysis of the drillhole resuIts together with
the results from the recently completed geophysical surveys will help the
Corporation plan its ongoing exploration work. The locations of all Zone 18
drill casings will be the object of a GPS based land survey and down-hole
surveys using Flexit MultiSmart or the DeviToll Peewee. These instruments
measure the azimuth and the drill dip. The drill data collected will be used in
a new Zone 18 resource calculation and the completion of a NI 43-101 compliant
report.


Diamond drilling and stripping will also be completed on other gold showings
within the confines of the Zone 18 and Lac Rouleau areas. The majority of these
showings are around Lac Rouleau and on the flanks of small hills, within a quasi
circular area measuring 2 kilometres in radius. 


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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