Latin American Minerals Exercises Option to Acquire Majority Interest in La Carolina Gold Property, Argentina

BELLINGHAM, WA, Apr 17 (MARKET WIRE) --
Geocom Resources Inc. (OTCBB: GOCM) ("Geocom" or "The Company") announces that
its joint venture partner in Argentina, Latin American Minerals Inc.
("LAT"), has exercised its option to acquire a 75% interest in the La Carolina
Project, San Luis Province, Argentina. LAT has completed its required
exploration
expenditures and, with the final issuance of 175,000 common shares and payment
of US $75,000 to the optionors, has acquired a 75% interest in the property. A
formaljoint venture agreement between Geocom Resources Inc., TNR Gold Corp., and
Latin American Minerals Inc. will be negotiated in due course.

John Hiner, Geocom's President and CEO, commented, "We agree
wholeheartedlywith LAT president David Wahl's assessment that La Carolina has
considerable
untapped gold potential. We are further pleased with LAT's decision to
accelerate its earn-in as it validates Geocom's belief in the ore potential
of the project."

Subsequent to its earn-in, LAT optioned a part of its newly acquired
interest to
CHC Venture Capital S.A. ("CHC"), a venture capital group based in Argentina
that specializes in the resource sector. Geocom believes the entry of an
Argentina-based group at La Carolina is further validation of the ore
potential at La Carolina, as well as the confidence that Argentineans have for
the future of mining in Argentina. Of importance to Geocom, CHC must
conduct $3,000,000 in exploration over four years to earn a net 38.2% interest
in the project.

The formalization of the La Carolina venture is further evidence that the
Company is executing its business plan of developing projects such as La
Carolina, forming ventures with solid exploration and development
companiesto continue the exploration and development of select properties, and
maintaining a continuing interest in the properties. The entry of CHC
intothe project means an additional $3 million will be invested into the
property
before LAT, TNR, and Geocom will be required to invest additional funds. The
Company believes this will provide valuable evaluation of the ore potential
at La Carolina without additional expenditure by Geocom.

The La Carolina Project encompasses multiple gold showings, some with
previous
production history, in west central Argentina. The property is situated at
an elevation of 1,600 meters in the Sierra de San Luis, and is accessible
year round via paved roads. The claims cover approximately 3,500 hectares.

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 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 statements regarding untapped gold potential, ore potential at
La Carolina, and work to be conducted by CHC. Factors that could cause actual
results to differ materially include risks and uncertainties of defining an
economic ore body at La Carolina, CHC's ability to fund its obligations, and
environmental and regulatory uncertainties in Argentina.

Distributed by Filing Services Canada and retransmitted by Marketwire

For further information, please contact:

Samantha Haynes
Telephone: (604) 805-4653
E-mail: Email Contact

Geocom Resources Inc.
Suite 413 - 114 West Magnolia Street
Bellingham, Washington
98225
Telephone: (360) 392-2898

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