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Gold/Mining/Energy : ALMADEN -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Boychuk who wrote (114)12/10/1998 10:28:00 AM
From: Thomas Boychuk  Read Replies (1) | Respond to of 119
 
December 9, 1998
NEWS RELEASE

Almaden Resources Corporation is pleased to announce that a 1,000 metre reverse circulation drill program has comenced on the Yago joint venture, Nayarit State, Mexico. Santoy may earn a 51% interest in the property from Minera Gavilan SA de CV, a wholly owned subsidiary of Almaden Resources Corporation by funding the next CDN$2.0 million in exploration expenditures and making underlying property payments which could total US$2.1 million over the next seven years.

The drilling will test several potentially high grade gold-silver bearing banded quartz-adularia veins that are located within a highly altered zone measuring 1.5 by 2.0 kilometres. Numerous small scale old workings are present on the property. Grab samples taken from the dump material of the following veins returned values of up to:

Vein Name Sample Description Au (g/t) Ag (g/t)
La Tejona grab 10.9 576
Guadalupe grab 45.1 903
5.5 1,406
La Korina grab 9.5 793
Creek Zone average of 15 chip samples
from 15 metre wide vein 1.9 25.5
Vein X vein sample over 3.1 m 2.7 2.6
grab sample 3.7 921


These results suggest that the present level of exposure of the veins is close to the depositional level where bonanza grade gold-silver values occur in similar systems such as Hishikari, Japan; Martha Hill, New Zealand; and McLaughlin, California.

Hydrothermal alteration mapping and fluid inclusion studies support the conclusion that the present erosion surface represents shallow depths beneath the paleo-water table of the hydrothermal system. The potential for high-grade gold-silver mineralization is expected to extend from surface to great depths beneath the present surface.

A minimum of six widely-spaced reverse circulation drill holes will test approximately 100 metres below surface under some of the known veins. The drilling will test the Creek Zone over a distance of 500 metres as well as the Guadalupe/Vein X systems over 700 metres.

On behalf of the Board,

James E. McInnes
Director

website- almadenresources.com



To: Thomas Boychuk who wrote (114)7/14/1999 5:42:00 PM
From: Thomas Boychuk  Respond to of 119
 

NEWS RELEASE July 14th, 1999

Alaska Exploration Program Commences


Almaden Resources Corp (AMH-VSE) and Williams Creek Resources (WCX-VSE)are pleased to announce that field crews have been working on the Sonora property located
directly south of the Pogo Property in the Goodpaster Mining District of east central
Alaska, where Teck/Sumitomo have discovered a resource of 9.98 Mt grading 0.52 oz/ton
gold and are continuing exploration and development of their properties.

Ninety stream sediment samples and ninety pan concentrates samples were taken in
the first phase of work. All samples have been submitted to Bondar Clegg's Fairbanks prep
lab for gold plus 35 element analysis. Initial results are expected shortly.

Upon receipt of favorable lab results, the company will pursue Phase 2 of the
program which would consist of further detailed stream silt sampling, soil sampling and
detailed prospecting by company personnel to identify areas with high potential for gold
deposition.



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.