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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

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To: J. Nelson who wrote (6999)11/4/1998 9:48:00 PM
From: Handshake™  Read Replies (1) of 25548
 
A couple of reasons for this post. 1) Maybe we will one two punch the drill results 2) Will we also have to commission an independent "reserve" expert. how long will this take??? 3) What are the guesstimates or logic as to why we have traded 3 million shares and down 3 cents. Hmmmmmmmmmm ...need those drills turning & fast.. sometimes hard to retrieve credibility from a black hole ( if I remember my quantum physics correctly)...lol!!!!

Wednesday November 4, 11:47 am Eastern Time
Company Press Release
Argentina Gold: Hole 85: 155 Metres of 2.2 g/t Gold and 80.3 g/t Silver Including 83 Metres of 3.1 g/t Gold and 110.4 g/t Silver
VANCOUVER, BRITISH COLUMBIA--(ARP - VSE) Argentina Gold Corp. (the ''Company'') is pleased to announce the results of Hole 85 drilled on the Amable target at the Veladero project in San Juan, Argentina.

Hole 85 returned 220 metres of 1.7 g/t gold and 69.81 g/t silver including a 155 metre section of 2.15 g/t gold and 80.29 g/t silver and an 83 metre section of 3.07 g/t gold and 110.41 silver.
Hole 85 was drilled 80 metres west of and in section with Hole 80

defining an east-west high-grade mineralized section with an extent of more than 150 metres. The entire length of the hole was mineralized down to its total depth of 378 metres. Details are in the following table.

Hole Total Interval From To Gold Silver Gold
Depth (m) (m) (m) (g/t) (g/t) Equiv.
(m) (g/t)(1)

85 378 220 51 271 1.70 69.81 3.10
including 155 87 242 2.15 80.29 3.76
including 83 93 176 3.07 110.41 5.28
and 107 271 378 0.15 4.95 0.25

Hole Azimuth Angle Distance from Hole 76 (m)
85 270 -80 132 (SW)

Previously Reported Holes...

84 324 126 98 224 2.66 22.77 3.12
including 64 160 224 3.40 21.05 3.82
100 224 324 0.43 8.86 0.61

82 318 91 99 190 1.488 35.75 2.20
including 33 99 132 2.14 23.80 2.62
128 190 318 0.50 9.15 0.68

80 300 212 43 255 3.67 47.71 4.62
including 144 43 187 5.08 59.36 6.27
51 43 94 3.455 31.39 4.08
including 23 94 117 13.94 92.78 15.80
70 117 187 3.35 68.75 4.73
68 187 255 0.696 23.05 1.16

79 312 121 68 189 1.421 56.61 2.55
and 19 241 260 0.72 35.63 1.43
and 7 289 296 0.82 13.71 1.09

76 340 193 37 230 1.49 55.09 2.592

Hole Azimuth Angle Distance from Hole 76 (m)
84 265 -75 205 (SW)
82 270 -80 150 (west)
80 265 -75 100 (south)
79 270 -75 110 (NNE)
76 270 -75

(1) 1 g/t Au = 50 g/t Ag

The holes drilled to date at the Amable target indicate a strike length of approximately 400 metres along the eastern flank of the target with an east-west width of between 150 to 200 metres. The average rock density is 2.3 to 2.5 tn/m3. The target remains open to the west, south and possibly to the east. Once the target is fully delineated, the Company intends to commission an independent resource estimate.

Assays are pending on Hole 86 (drilled from the same platform as Hole 82 with an azimuth of 330 degrees) which was drilled to test the transition from silicification with significant gold/silver values to similar altered rock with lower grade mineralization in the northern section of the target. Drilling is continuing to the south and west with Hole 87 underway (100 metres SSW of Hole 84). Hole 88 will be underway soon and will be located 100 metres west of Hole 84.

Approximately 6,000 metres of drilling is scheduled at the Amable target. The Amable target is located 2.5 kilometres to the southeast of the Filo Federico and NW targets from which the Company recently received an independent resource estimate of 2.4 million ounces of gold and 75 million ounces of silver.

Please visit our website for maps and detailed information on the Veladero targets. The website address is www.argentinagold.com.

Argentina Gold is the operator of the Veladero project holding a 60 percent interest. The Company's partner, Barrick Gold Corp., holds the remaining 40 percent. The samples are being assayed by CIMM Labs of Chile using top quality control systems and interlab check assays.
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