SOURCE: Geocom Resources Inc.

August 22, 2005 09:30 ET

Geocom Receives Encouraging Results From South Chile Program

BELLINGHAM, WA -- (MARKET WIRE) -- August 22, 2005 -- Geocom Resources (OTC BB: GOCM) is pleased to announce the receipt of results and report on initial activities in Region IX of its South Chile program. Geocom's program was designed to confirm the existence of gold, copper and other anomalous elements delineated by prior regional reconnaissance programs. Using published data, and information from several proprietary exploration programs, a large dataset was compiled by a Geocom consultant and organized into a GIS database to enable targeting of areas worthy of additional exploration.

Utilizing the regional database, Geocom geologists prioritized several areas for follow-up sampling based on significant clusters of high gold and copper values found in stream sediment samples, pan concentrates, and rock chip samples. For example, one area prioritized by Geocom is a watershed that hosts over 40 gold occurrences. These occurrences consist of gold reported in sediment samples from assay data and visible gold seen in pan concentrates or noted under microscope examination. Geocom targeted this area because of the high percentage of angular gold noted in the samples, which suggests a gold source not far from the sample locations.

In addition to reconnaissance mapping and rock chip sampling, Geocom personnel conducted repeat sampling in the same areas where the previous sample data indicated as a means of confirming the gold and other element anomalous zones, as well as to validate the database. Geocom is pleased to report that work in the 2005 season confirmed the earlier results. Samples taken in the same drainages and in approximately the same locations produced anomalous gold assays ranging from 0.074 to > 1 gram per tonne Au. For reasons of potential competition, identification of specific areas are being withheld.

Validation of the regional database provides strong encouragement for the many areas identified in the database as prospective for mineral deposits. Further, Geocom personnel intend to begin stage 2 of the program as soon as weather allows, with the intent of identifying the source of the anomalous zone described above, and to begin delineation of the other areas found in the database.

Results are very positive, and Geocom is very encouraged by these initial results from a largely unexplored area of Chile.

For further information please contact investor relations at 1-800-539-0289 or by 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. (OTC BB: 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.

Safe Harbor Statement:

Statements in this document that are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this release include those regarding Geocom's intention continue further exploration efforts at its south Chile program, and in particular, its intention to begin stage 2 of the program as soon as weather allows, with the intent of identifying the source of the anomalous zone described above, and to begin delineation of the other areas found in the database. Factors that could cause actual results to differ materially include risks and uncertainties of such as the Company's inability to continue working in Chile, the inability to finance planned exploration, drilling and work programs, as required from time to time, and any unforeseen difficulties in commencing or completing such program, or the results of the programs not showing any commercially feasible grades of minerals, any of which could, among other things, delay, impede or prevent the planned explorations and harm the viability of the Company.

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