Adamus Resources - September 2011 Pictorial Update

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

PERTH, Western Australia, Oct. 3, 2011 /CNW/ - During September, Adamus Resources

OPERATIONS

        --  Mining during the month was focussed in Salman North 1A and
            South 1C pits.
        --  Stone pitching in progress on Akango Phase 1 haul road, whilst
            culvert construction completed on Phase 2 haul road. 
            Construction of the explosives magazine and associated
            earthworks continued.

EXPLORATION

        --  Results of drilling targeting shoots under the Teberu 01, 02
            and 04 pits uncovered high grade gold mineralisation under the
            existing open pits.  Drilling completed was sufficient to
            categorise a portion of the shoots into the Inferred Mineral
            Resource category.  Further drilling will be conducted to
            convert the mineral resource from Inferred to Measured and
            Indicated.
        --  24 holes drilled at Kanyankaw (22 kms NNE of plantsite) for a
            total of 2,826m.
        --  Auger sampling on the Asanta prospecting licence soil anomalous
            zone completed.
        --  Hotopo infill pads and access preparation completed, drilling
            to commence early October 2011.
        --  Liberian Mineral Reconnaissance Licences were successfully
            renewed by the Ministry of Lands, Mines & Energy.

CORPORATE

        --  Adamus MD & CEO, Mark Connelly, presented at the Africa
            Downunder Conference in Perth and co-hosted a dinner, in
            conjunction with Middle Island Resources, for Australian
            companies with interests in Liberia.
        --  The Company released its Full Year Statutory Accounts and
            Annual Report for the financial year ended 30 June 2011. 
            Adamus is starting to see the financial benefits from the
            commencement of commercial production declared 1 April 2011,
            six months ago.

Photographs appear on the Company's website at http://www.adamusresources.com.au/Site Photos

About Adamus

Adamus Resources is a gold producer, with its key asset located in Ghana, West Africa.  The company poured its first gold in January 2011, entered commercial production three months later and is on target is to produce 100,000 ounces of gold annually from its flagship Nzema Gold Project.  The project includes open pit mining operations, a processing facility and associated infrastructure to mine and process ore.  On current estimates the project has a minimum life of 10 years.

As well as continuing with an extensive exploration program aimed at expanding its operations in Ghana, Adamus is also targeting additional discoveries from its significant landholding in Liberia.  Both countries provide a stable, mining-friendly political and economic environment for Adamus to operate.

Adamus is headquartered in Perth, Western Australia. The company is listed on the Australian Securities Exchange, TSX Venture Exchange and Frankfurt Stock Exchange Open Market.

In August 2011 the Company announced its intention to merge with Endeavour Mining Corporation. Endeavour owns the Youga Gold Mine in Burkina Faso, West Africa as well as a pipeline of exploration and development projects in the region.  If approved by Adamus and Endeavour shareholders, the merger is likely to take place in December 2011.

Kind regards

ADAMUS RESOURCES LIMITED

'signed'

Mark Connelly

Managing Director/CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information in this report pertaining to exploration results was compiled by Martin Bennett, an employee of Adamus Resources Limited, who is a Member of the Australasian Institute of Geoscientists and has more than 5 years experience in estimation of recoverable resources in gold deposits.  He qualifies as a 'Qualified Person' under Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects.  Martin Bennett has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a 'Competent Person' as defined in the JORC Code. Martin Bennett consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.

Information in this announcement pertaining to ore reserves was compiled by Glenn Williamson an employee of Mining Resources Pty Ltd, who is a Member of The Australasian Institute of Mining and Metallurgy.  He qualifies as a 'Qualified Person' under Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects.  Glenn Williamson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a 'Competent Person' as defined in the JORC Code.  Glenn Williamson consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.

Information in this announcement pertaining to mineral resources was compiled by Nic Johnson, an employee of Hellman & Schofield Pty Ltd, who is a Member of The Australian Institute of Geoscientists and has more than 5 years experience in estimation of recoverable resources in gold deposits.  He qualifies as a 'Qualified Person' under Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Nic Johnson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a 'Competent Person' as defined in the JORC Code. Nic Johnson consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.

Caution Regarding Forward Looking Information.

Certain statements included in this announcement, including information regarding Adamus' plans with respect to its mineral properties, constitute forward-looking information.  Forward-looking information includes, among other things, statements regarding expected operations.  Forward-looking information is based upon a number of estimates and assumptions made by the Company in light of its experience, current conditions and expectations of future developments, as well as other factors that the Company believes are appropriate in the circumstances.  While these estimates and assumptions are considered reasonable by the Company, they are inherently subject to business, economic, competitive, political and social uncertainties and contingencies.  Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of, the Company.  Such factors include, among other things, risks relating to additional funding requirements, metal prices, exploration, development and operating risks, competition, production risks, regulatory restrictions, including environmental regulation and liability and potential title disputes.  Investors are cautioned that forward-looking information is no guarantee of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking information due to the inherent uncertainty therein.  Forward-looking information is made as at the date of this announcement and the Company disclaims any intent or obligation to update publicly such forward-looking information, whether as a result of new information, future events or results or otherwise.

Adamus Resources Limited

CONTACT: Mark Connelly - Managing Director / CEO

61 8 9322 5943

email: info@adamusresources.com.au



For media enquiries contact:



David Ikin - Professional Public Relations

61 8 9388 0944

email: david.ikin@ppr.com.au