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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?

To: Mr Metals who wrote (252)	10/8/1998 11:39:00 AM
From: Neil Irwin	Read Replies (1) \| Respond to of 3282

Interest is probably from the increased activity at Veladero Neil. ================= Wednesday October 7, 3:38 pm Eastern Time Company Press Release Argentina Gold Mining Update VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 7, 1998--Argentina Gold Corp.(VSE:ARP. - news; ARP - VSE)--Argentina Gold Corp. (the ''Company'') is pleased to announce that drilling at the Company's Veladero project is progressing very well and quickly. The drilling is being conducted at the Amable target with three holes (Hole 79, 80 and 81) completed to date. The fourth hole (Hole 82) is in progress. The first assay results are expected shortly. The Amable target was first tested last season by Hole 76 which returned an intercept of 193 metres of 1.49 grams per tonne gold and 55.09 grams per tonne silver. Approximately 6,000 metres is scheduled to be drilled at the Amable target during the 1998/1998 drilling program. 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 new 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. ON BEHALF OF THE BOARD J. Patricio Jones, President The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.