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Gold/Mining/Energy : Troymin Resources-TYR-ME/ASE

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To: RMF who wrote (2)7/7/1999 9:41:00 AM
From: Thomas Boychuk  Read Replies (1) of 5
 
TYR will be putting out a news release later today or tomorrow
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 with 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.

almadenresources.com
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