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

To: JAS who wrote (1025)	11/4/1998 10:13:00 AM
From: Alex Harrington	Respond to of 3282

News: FOR FURTHER INFORMATION PLEASE CONTACT: Argentina Gold Corp. Sophia Shane Corporate Development (604) 689-7842 (604) 689-4250 (FAX) Website: www.argentinagold.com NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: ARGENTINA GOLD CORP. VSE SYMBOL: ARP NOVEMBER 4, 1998 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. /T/ 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 /T/ 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. ON BEHALF OF THE BOARD J. Patricio Jones, President NOTE: Location maps are available from the company at the phone number listed below.

To: JAS who wrote (1025)	11/4/1998 10:15:00 AM
From: Jim P	Read Replies (1) \| Respond to of 3282

Hi Jas, On Oct 28, the day before the previous halt house 29 bought 10,000 and sold 12,000. House 59 bought 1000 and sold none. The exact figures for yesterday are, house 59 bought 203,300 and sold 1000. House 29 bought 286,180 and sold 69,900. The biggest seller yesterday was house 8 at 250,100 and only bought 8100. Jim