NEWPORT BEACH, Calif., Jan. 13, 2005 (PRIMEZONE) -- LKA International, Inc. (OTCBB:LKAI) announced today that it is in the process of increasing the Company's interest in the Golden Wonder Mine's production by acquiring its affiliated partnership, the Caldera Partners Limited Partnership, and roughly doubling (45.9%) LKAI's interest in the current royalties from the mine. This process should be completed by early 2005.
The Company recently decided to further its plans to permit and develop a new drift below the current workings at its Golden Wonder Mine located near Lake City, Colo.
A photograph of a cross section of the Golden Wonder Mine and its proposed new drift is available at: http://www.primezone.com/newsroom/prs/?pkgid=1368
About LKA International, Inc.:
LKA International, Inc. is a Natural Resources Development Company that owns the Golden Wonder Mine, a producing gold mine property, and the Ute Ule Property, a Silver Mine, in Colorado. The company currently plans to develop a new drift below the current workings of the Golden Wonder Mine to extend the size and productivity of the mine.
About InvestSource Inc.:
InvestSource Inc. (www.investsource.us) is an investor relations firm headquartered in Newport Beach, CA that specializes in bringing in project specific market opportunities to the investing public. Working closely with our client companies, InvestSource showcases the latest financial and market news as it happens.
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.
NOTE TO EDITORS: The photo is also available at NewsCom, www.newscom.com
