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MONTREAL, QUEBEC--(Marketwire - May 6, 2010) - Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco") is pleased to announce that the airborne MAG geophysical survey it commissioned to cover its Urban-Barry project has been completed .

The survey extended over 5,037 line kilometers flown at 100 meter spacing between survey lines and with control lines at 500 m intervals. The average survey altitude was 80 meters using a Geometrics G822 sensor. The contract was done by GeoData Solutions GDS Inc. of Laval, QC.

Amseco has now commissioned Scott Hogg & Associates Ltd. ("SHA") of Toronto, ON, to interpret the data. The initial focus of the interpretation will be to identify lineaments and structures that may relate to gold mineralization. It also could lead to the identification of possible sulphide mineralization.

Using SHA's SI-GRID process high resolution 20 m. grids will be generated from the collected data. Map enhancements including a pole reduced vertical magnetic gradient,to enhance shallow sources and resolve closely spaced anomalies. as well as apparent magnetic susceptibility to help identify the different geological lithologies. SHA will also integrate existing airborne EM channel data to map the profile response and calculate approximate time constant information along line. This will add conductivity information that may have a bearing on both gold and sulphide mineralization.

Where available existing geological mapping and known gold mineralization will be integrated in an effort to study the correlation between showings or deposits and geophysical attributes.

The purpose of this interpretation will be to direct a more focused summer gold exploration program. All of Amseco's claims, or the claims over which it holds an option to purchase an interest, will now be known as Amseco's Barry-Urban Project.

Amseco has also recently received data from a ground based MAG survey done over some of its claims in the southern portion of the Barry-Urban project. Where needed this data will be integrated into the Airborne survey interpretation. Separately, the Corporation also received the data from a small ground based MAG survey done over a portion of its Lac Rocher property. This data will eventually be sent out for interpretation.

This press release has been reviewed by Scott Hogg, P. Eng. He is a Qualified Person under National Instrument NI-43-101. He is the President of Scott Hogg & Associates, from Toronto, ON, which was mandated to do the interpretation of the MAG Survey on behalf of Amseco. He deals with the Company on an arm's length basis.

Forward Looking Statements

This news release may contain certain forward looking statements within the meaning of the Canadian securities legislation. These forward looking statements relate to the company's future exploration plans, activities and expenditures with regards to the property. The forward looking statements within this news release represent the company's management best knowledge and judgment based on the current facts available at the time of this news release. Forward looking statements involve a certain amount of known and unknown risks and factors which may cause the actual results and achievements of the company to be materially different from the company's expectations, objectives and projections.

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