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

To: Mr. Oil who wrote (3215)	3/25/1999 8:09:00 AM
From: LaFayette555	Respond to of 3282

I figured large pro funds could sell the HM short to get their $ now, figured this could weight down HM for a time, my self I did NOT do that. When the deal is consumed we will end up with HM shares that trade in US - one can then sell the HM and keep the US$ in a US account.

To: Mr. Oil who wrote (3215)	3/25/1999 10:01:00 AM
From: Gord Bolton	Read Replies (2) \| Respond to of 3282

FOR: ARGENTINA GOLD CORP. VSE SYMBOL: ARP MARCH 25, 1999 Argentina Gold: Hole 135 - Highest Grade Hole Drilled To Date At Filo Federico; 197m of 5g/t Gold incl. 41m of 13.7g/t Gold; Significant Expansion of High Grade Zone at Filo Federico VANCOUVER, BRITISH COLUMBIA--Argentina Gold Corp. (the "Company") is pleased to announce the results from Holes 135 and DDF1 drilled at the Western Filo Federico target. Western Filo Federico - high grade east-west corridor opened up Hole 135 returned a long, high grade, open-ended intercept at the northeast sector of the Western Filo Federico target. This hole is part of an east-west corridor comprising Holes 129, 121, 72, 58, 112 and 68 that all contain high grade intersections. The drilling this season has rapidly expanded the possible starter pit zone of Western Filo Federico and drilling continues, testing for further expansion. Linkage between the NW target and Western Filo Federico has been confirmed by drilling and further drilling in this area will define the continuity of the mineralization between these two targets. /T/ Hole Total Int- From To Gold Silver Gold Azimuth Co- Depth erval(m) (m) (g/t) (g/t) Equiv. Angle ord- (m) (m) x(g/t) inates 135 319 197 122 319 4.95 pend. 100 -70 2407044 E incl. 41 197 238 13.72 6752639 N Elev. 4305 (x) 50 g/t Ag = 1 g/t Au /T/ Diamond core hole DDF1, a twin to reverse circulation Hole 72, confirmed on average the results received from Hole 72. A direct comparison was difficult due to poor recoveries in several sections of Hole DDF1. /T/ Hole Total Int- From To Gold Silver Gold Azimuth Co- Depth erval(m) (m) (g/t) (g/t) Equiv. Angle ord- (m) (m) x(g/t) inates DDF1 230 146 5 151 1.81 pend. 125 -75 2406904 E incl. 69 69 138 2.67 6752629 N Elev. 4250 (x) 50 g/t Ag = 1 g/t Au /T/ Drilling Continues There are currently 3 reverse circulation rigs and 3 diamond rigs on site. The following holes are complete with assays pending or currently underway as indicated: /T/ Western Filo Federico Hole 134, collared 75 metres southeast of Hole 114 (complete). Hole 136, drilled from the same platform as Hole 125 in a northwesterly direction (complete). Hole 137, collared 50 metres northeast of Hole 55 (previous season) (complete). Hole 138, collared 50 metres northeast of Hole 125 (complete). Hole 139, collared 60 metres west of Hole 121 (complete). Hole 140, collared 50 metres southwest of Hole 58 (complete). Hole 142, drilled from the same platform as Hole 68 in a northwesterly direction (complete). Hole 143, collared 70 metres west of Hole 128 (complete). Hole 144, collared 50 metres northwest of Hole 129 (complete). Hole 145, collared 110 metres southwest of Hole 128 (complete). Hole 146, collared 90 metres west of Hole 129, is underway. Hole 147, collared 50 metres southwest of Hole 44 (complete). Hole 149, collared 200 metres SSW of Hole 59 is underway. Diamond Hole DDF2, a twin to RC Hole 122 is underway. Amable Diamond Hole DDA3, a twin to RC Hole 80, is underway. Diamond Hole DDA4, a twin to RC Hole 90, is underway. Amable North Hole 141, collared 60 NNE of Hole 133 (complete). Eastern Filo Federico Hole 148, collared 145 metres ENE of Hole 54 is underway. /T/ ON BEHALF OF THE BOARD J. Patricio Jones, President NOTE: Location maps available from the company at the number listed below. -30-