American Bonanza Gold Corp

Copperstone Air Photo showing Target Zones & Development

 April 01, 2002
Negotiations with Royal Gold Terminated

 American Bonanza Gold Mining Corp. and Royal Gold Inc. announced today that they have been unable to agree on final terms of their previously announced royalty agreement and as a result negotiations have been terminated.

About American Bonanza

American Bonanza is engaged in the acquisition, exploration and development of high-grade precious metal properties. American Bonanza's innovative metallogenic techniques developed at considerable expense represent state-of-the-art tools for modern exploration in the Great Basin of Nevada and other areas. American Bonanza's metallogenic techniques have involved technical pioneering in terms of geological data analysis, hardware and software applications and will be the catalyst for future corporate growth.

Additional information about American Bonanza can be obtained at


(signed) Brian Kirwin

President and Chief Executive Officer

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For further information call or write:

Brian Kirwin, President and Chief Executive Officer (775) 824-0707

Giulio T. Bonifacio, Vice President, Finance and Chief Financial Officer (604) 699-0023

You can view the Next News Releases item: Thu May 23, 2002, Short Form Offering Financing Of Up To $2,000,000

You can view the Previous News Releases item: Thu Mar 7, 2002, American Bonanza Signs Letter Agreement for US$1.7M Royalty Financing

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