ALMADEN Message Board - Msg: 10407711

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Gold/Mining/Energy : ALMADEN

AMH 31.60

-1.5%

Oct 31 9:30 AM EST

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To: Thomas Boychuk who wrote (116)	7/7/1999 9:37:00 AM
From: Thomas Boychuk	of 119

SEC File No: 0-28528 July 6, 1999 VSE symbol AMH NEWS RELEASE Almaden Resources Corp (AMH-VSE) has been informed by its joint-venture partner Troymin Resources Ltd. (TYR-ME, ASE) that the 1999 Yukon drill program will commence within the next few days on the Prospector Mountain Au-Cu porphyry property located 88 km northwest of Carmacks or 57 km southeast of the Casino porphyry Cu-Au-Mo deposit in the Tintina Gold Belt. The property was staked by Almaden and consists of 272 claims which were optioned to Troymin Resources on terms whereby Troymin can earn up to 50% interest in the property by incurring exploration expenditures of $950,000 and making a series of annual cash and share payments. Drilling will target an area of coincident Cu-Au soil and rock geochemistry that is spatially associated with a high chargeability IP geophysical anomaly. On behalf of the Board, Duane Poliquin, P.Eng. President The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. AMH\news-rel\Pogo706

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