SOURCE: Geocom Resources Inc.

April 19, 2007 09:00 ET

Geocom Provides La Carolina Project Exploration Results; Announces Upcoming Drill Program

BELLINGHAM, WA -- (MARKET WIRE) -- April 19, 2007 -- Geocom Resources Inc. ("Geocom" or "The Company") (OTCBB: GOCM) is pleased to provide this update regarding the La Carolina gold project in the province of San Luis, Argentina:

* A Phase I diamond drill contract has been signed with Patagonia Drill, a
well-known and accomplished drill contractor based in Mendoza, Argentina;
* The Phase III geophysical (IP) survey has been completed;
* Gold mineralization has been discovered over significant widths in
historic trenches; and
* Project operator Latin American Minerals Inc. ("LAT") has independently
confirmed the gold soil anomalies reported by Anglo Gold ("Anglo"), Geocom
Resources Inc., and others.

The Phase I diamond drill program, scheduled to commence this May, will test coincident gold and geophysical anomalies related to the contact of the La Carolina intrusive complex with the host metamorphic rocks. Currently a minimum of 2,000 meters in seven holes is planned. The program will test site-specific gold targets in order to better plan the Phase II program, consisting of 6,000 meters planned for later this year.

All geophysical programs at La Carolina have now been completed, including Phase I: 125.5 line kilometers of a magnetometer survey, Phase II: 81.5 line kilometers of Gradient IP and Phase III: 7.65 line kilometers of pole-dipole IP. Collectively, the geophysical surveys identified two previously unknown anomalous zones, which appear to be situated along the eastern and western sides of the intrusive complex. Both anomalies are located in the host metamorphic rocks, trend NNE, and can be traced for about 3 kilometers.

The Phase I drill program will test the gold soil anomalies that are related to untested geophysical anomalies extending to depths over 250m along the geologic contact between the intrusive rocks and the basement metamorphic rocks. Selected historic trenches excavated by Anglo at La Carolina in the intrusive breccias near the contact with the basement rock have been chip-channel sampled by LAT to confirm the historical results.

Significant assay received to date include:

Mogote Zone:

Trench 1: 30m averaging 1gpt Au (including 12m averaging 1.6gpt Au)

La Luisa Zone:

Trench 16:     50m @ 0.6gpt Au
Trench 3:      60m @ 0.5gpt Au
The assay results received to date confirm the order of magnitude of the historic results. Further assays are pending.

A preliminary interpretation of the La Carolina gold occurrences suggests that there are potentially two styles of gold mineralization present: one being lower grade mineralization associated with certain phases of the intrusive breccia complex and the second being higher grade mineralization possibly reflecting remobilization, concentration and deposition in the metamorphic host rocks in proximity to the contact with the intrusive complex. This may represent a new and potentially important concept regarding the resource potential at La Carolina.

Geocom Resources Inc. and its partner TNR Gold Corp. entered into a joint venture at La Carolina with Latin American Minerals. Latin American Minerals acquired additional ground on behalf of the venture. Geocom and TNR each own 50% of the La Carolina Project. Should Latin American Minerals vest its interest in the project, Geocom and TNR will hold 12.5% each.

For further information please contact Samantha Haynes at 604.805.4653 or via e-mail at ir@geocom-resources.com.

On behalf of the Board of Directors

John E. Hiner, President & CEO

About Geocom Resources Inc.

Geocom Resources Inc. (OTCBB: GOCM) is a U.S.-based mineral exploration company focused on acquiring and developing mineral resources in geologically acceptable and politically stable countries of the world. The Company is presently active in Alaska, Argentina, Nevada, and Chile. The Company focuses on development of projects that are or will be of interest to mid-size or major producers with the goal to form joint ventures on such projects. Geocom expects to grow and maintain an interest in mines operated by its partners, allowing it to build value through continued exploration. To find out more about Geocom Resources Inc. please visit www.geocom-resources.com.

Safe Harbor Statement:

Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Contact Information

  • GEOCOM RESOURCES INC.
    (the "Company" and/or "Geocom")
    Suite 413 - 114 West Magnolia Street
    Bellingham, Washington 98225
    Tel (360) 392-2898