Amazon Mining Holding Plc (TSX VENTURE:AMZ) reported its unaudited interim consolidated financial statements for the three month period ended June 30, 2010 and provides the following corporate update.

The press release is quoted as saying:

During the three-month period ended June 30, 2010, Amazon incurred a net loss of $1,094,372 compared to a net loss of $1,035,230 for the three-month period ended June 30, 2009. The larger loss in the second quarter of 2010 was due to exploration expenditure write-offs related to the decision not to continue the Caximbo and Mimoso projects. Amazon currently has a working capital position of approximately $5.4MM. The Company maintains a strong cash position and continues advancing the Cerrado Verde Potash project (“Cerrado Verde project”).

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