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AVRG Announces Intention to Proceed With Analysis of Company Owned Precious and Strategic Metals Reserves

Posted on: Wednesday, 16 May 2007, 12:00 CDT

In addition to its current exploration program aimed at identifying and acquiring proven reserves that qualify for processing, utilizing the AVRG environmentally sensitive technology, the company (AVRG) announced today that it also intends to proceed with an evaluation of its currently owned tonnage of significant precious and strategic metals reserves.

Preliminary test results in certain areas of the "stock pile" indicate a variety of additional precious metals as well as base metals other than gold. The complete evaluation process will require a time period of 60 to 90 days from the date of this release.

When the final and complete testing process proves the total currently owned tonnage is consistent with preliminary test results, estimates would equate to a value in excess of two billion dollars of precious metals above ground ready to be processed on behalf of AVRG. Gold processing is expected to commence on or before July 15th, 2007.

Please visit our website, ARGlimited.com for further information.

Safe Harbor Statement

Except for the historical information presented, the above statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 or regulations there under. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. These risks include the economic health of the oil and gas industry, competitive pricing pressures, completion of possible acquisitions, success at integrating and operating any acquired operations and the availability of necessary financing. These statements speak only as of above date, and Advanced Resources Group, Ltd. disclaims any intent or obligation to update them.

Source: Business Wire

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