Adamus Appoints North American Investor Market Representative


    PERTH, Western Australia, Oct. 16 /CNW/ - Adamus Resources Limited (ASX
and TSXV: ADU) has appointed Denver-based Sierra Partners LLC to provide
investor relations services and transactional support for the expansion of
Adamus into the North American investor market.
    Sierra Partners' principals, W. Durand "Randy" Eppler, John Gaensbauer
and David Charles have significant experience in finance, resource
transactions and investor relations support, to clients in the global resource
    Mr Eppler and Mr Gaensbauer were directly involved with Newmont Mining
Corporation as part of the management team handling Newmont's development
ventures in Ghana. Mr Charles has provided a full suite of investor and public
relations services and extensive marketing to institutional investors
primarily in the oil and gas and oilfield service industries.
    "Adamus Resources is focused on maximising value for shareholders and the
engagement of Sierra Partners in North America will augment the management
team in Perth," said Mark Bojanjac, CEO and Managing Director of Adamus. "The
partnership with Sierra will allow Adamus to service and capitalise on the
strong North American interest in the Company and its Southern Ashanti Gold
project in Ghana."
    Sierra Partners intends to market Adamus in North America and will kick
off the Adamus/Sierra Partnership with investor presentations in October 2007.

    Kind regards.


    Mark Bojanjac
    Managing Director/CEO

    About Adamus

    Adamus Resources Limited is a mineral exploration company, listed on
Australian Stock Exchange (ASX), TSX Venture Exchange (TSX-V) and Frankfurt
Stock Exchange Open Market (FSE).
    The Company's primary focus is on exploring, realising and expanding the
economic potential of the Southern Ashanti Gold Project in Ghana, West Africa.
The Project encompasses approximately 500km(2) of tenure in the Ashanti Gold
Belt - host to over 60moz of gold and the Project boasts excellent access to
port and road infrastructure. Ghana is a stable West African country with a
long history and some of the world's largest gold mining operations. Gold
production is vital to the national economy. Members of the Adamus Board and
management team have proven records in mineral exploration, project
development and project financing.

    About Sierra Partners LLC

    Denver, Colorado-based Sierra Partners LLC is a private advisory group
providing strategic and financial planning advice, investor relations services
and transactional support and management expertise to clients in the global
resource business. To learn more, please visit the website at

For further information:

For further information: Mark Bojanjac, Managing Director/CEO, +61 8
9322 5943, email:; Mark Connelly, Executive
Director/COO, +61 8 9322 5943, email:; W.
Durand "Randy" Eppler, Sierra Partners LLC, Office: (303) 757-2510,

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