Geocom Resources Inc. and Kinross Gold Corporation Stake Large Claim Blocks in Region Ten, Chile

BELLINGHAM, WA--(MARKET WIRE)--Nov 29, 2006 -- Geocom Resources Inc. ("Geocom" or the "Company") (OTC BB:GOCM.OB - News) is pleased to announce that claim-staking in Region Ten of south Chile has been completed.

Geocom and its joint venture partner Kinross Gold Corporation have completed staking a total of 318 claims, known as pedimentos in Chile, in six separate blocks in Region Ten, Chile. The total number of hectares acquired is 91,700 (226,591 acres), which is equivalent to 354.1 square miles. All of the ground that was targeted as a function of the initial reconnaissance program was successfully acquired.

In the Rio Tranquilo area, 209 claims were staked to cover several separate gold and gold-copper anomalies discovered during the recently completed Region Ten reconnaissance program. The Rio Tranquilo claim block covers 60,600 hectares (149,742 acres or 233 square miles), and includes at least five separate targets. Elsewhere within this claim block, alteration is aerially extensive and large areas remain unvisited and unsampled.

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The Cerro Mera, Espolon, and Chaiten blocks were all staked to cover gold and copper-molybdenum-gold mineralized zones.

Geocom and joint venture partner Kinross Gold Corporation plan an aggressive evaluation program to determine the ore potential of each of the mineralized zones covered by this staking program.

Additionally, the reconnaissance program will also be continued due to what Geocom management perceives as a high level of preliminary success achieved to date from the initial program.

Further information on each of the project areas will be released as the program progresses.

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