LKA Announces Results of Barrick's Sampling of Golden Wonder Ore

Business Wire,  Oct 4, 2007  

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GIG HARBOR, Wash. -- LKA International, Inc. (OTCBB:LKAI). Earlier this week LKA received assay results from a detailed sampling program initiated by Barrick and conducted by Pincock, Allen & Holt. The object of the sampling program was Golden Wonder ore both within the mine as well as ore stored at offsite locations by LKA's former operator, Au Mining.

The assays, conducted by Hazen Research, Inc., involved fifty-four samples and were broken into four categories representing Golden Wonder ore stored in four different locations. Of these, LKA considers only forty-eight samples/assays and three categories (locations) to be relevant. Samples and assays from the remaining category were obtained from a small amount of known, uneconomic material which was previously discarded by LKA's operator.

Results of the assays (gold only) are as follows:

First Category - 24 samples/assays taken from approximately 20 tons of ore stored in offsite location #1. This ore was produced during the 2nd Quarter of 2006 and was considered to be of lower grade. It was specifically excluded from the final shipment to Barrick GoldStrike.

High = 13.3 ozs. (377.05 grams) per ton.
Low =  .082 ozs. (2.32 grams) per ton.
Avg. =  1.679 ozs. (47.59 grams) per ton.

Second Category - 16 samples/assays taken from approximately 16 tons of ore stored in offsite location #2. This ore is known to be of exceptionally high grade.

High = 106 ozs. (3,005 grams) per ton.
Low =  6.05 ozs. (171.51 grams) per ton.
Avg. =  40.96 ozs. (1,161.2 grams) per ton.

Third Category - 8 samples/assays taken within the Golden Wonder mine at locations presently unknown to LKA.

High = 20.2 ozs. (572.66 grams) per ton.
Low = .038 ozs. (1.07 grams) per ton.
Avg. = 2.98 ozs. (84.48 grams) per ton.

The average of the above 48 assays derived from Barrick's sampling program is 15.208 ozs. (431.14 grams) per ton. LKA considers this to be remarkably consistent (although possibly coincidental) with ore grades produced from the Golden Wonder over the past seven years of commercial production.

Barrick's sampling program is a component of an ongoing legal dispute with Au Mining concerning specific shipments of Golden Wonder ore to Barrick's Goldstrike facility in Nevada during the second quarter of 2006. This legal action by Barrick was the subject of a previous announcement dated May 18, 2006.

The assays cited in this announcement were conducted by Hazen Research on LKA's behalf and were derived from LKA's portion of the samples taken by Pincock, Allen & Holt. Investors are cautioned that these results may not be indicative of future production and in no way represent an endorsement of the Golden Wonder mine, or any of the mine's previous production, by Barrick, Pincock, Allen & Holt or Hazen Research.

About LKA

LKA is a Gig Harbor, WA based natural resource holding and development company. The Company's primary assets are the Golden Wonder mine and the Ute-Ulay silver mine and mill. Both of these properties are located in Hinsdale County, CO.

Safe Harbor Statement

LKA's plans to resume/expand Golden Wonder production are subject to a number of conditions including, but not limited to, favorable geology, successful exploration efforts, favorable financing terms/availability, permits, gold prices, market conditions, etc. Mining and related activities are inherently high-risk endeavors and there can be no assurance that LKA will be successful.

Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all 'other risks' associated with business.

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