ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Robert Dydo who wrote (210)	6/10/1998 12:59:00 PM
From: Abner Hosmer	of 3282

Here we go, Robert ! Argentina Gold Corp - News Release Further Veladero results Argentina Gold Corp ARP Shares issued 33,113,389 Jun 9 close $0.60 Wed 10 Jun 98 News Release Mr. J. Patricio Jones reports The company has received results from hole 76 as well as the remaining 11 metres from hole 72, both of which were drilled at the company's Veladero project in San Juan, Argentina. Hole Depth Inter- From To Au Ag m val m m m g/t g/t 76 340 193 37 230 1.490 55.090 inc 41 44 85 2.533 70.340 72 345 192 0 192 1.510 9.935 inc 115 74 192 2.153 14.910 (previously 11 74 85 3.391 5.327 pending interval) 47 74 121 4.397 15.090 Assay results on several holes are pending. A promising new target area with bulk tonnage potential has been discovered through hole 76. The thickness of the mineralized zone (193 metres) is similar to and is at approximately the same stratigraphic elevation as the target being drilled at Filo Federico. Hole 76 is approximately 1.5 kilometres from Filo Federico along the southeastern flank of the Cerro Pelado diatreme and is the first hole drilled in this area. The geophysical-geochemical anomaly tested by hole 76 is at least 800 metres in length suggesting a potentially very large target. The company is in the process of contracting an independent geological audit to establish the magnitude of the inferred geological resource at Filo Federico. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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