37 274,000

Indicated 560,000 0.09 360 ,000

Total Resources 5.OB.

karst interacted

No warranty, express or implied, is made by Parkinson Geologic Services, Inc.com) provides engineering design
services for metallurgical, industrial and commercial facilities. Included in Galaxy Mineral's portfolio in various forms of JV and
interest earning ventures are:

PERU:

The Culebrillas Gold Mine situated in the Pataz Gold Belt of Northern Peru
has a potential Inferred Mineral Resource in excess of 3,000,000 ounces Gold,
based upon independent historical data calculations, extensive sampling,
previous drilling programs, and actual pilot plant production for the past 10
years.
Commenting on the Mongolian properties, Albert Cui, Dragon Gold's Director
of Exploration stated, "We believe that the mineral properties under option
could offer significant scope for the discovery of copper-gold deposits.

bedrock landslides

com), who has more than 25 years experience, is a
Licensed Registered + Practicing Geologist in 12 States (AZ-REG#30843 /
AIPG#10098, + A Professional Independent Qualified Person as defined by
National Instrument 43-101).

LINCOLN GOLD CORP. The Company focuses its exploration and minerals
development activities in China and Mongolia.

meltwater glacial

These statements are
based on management's expectations and beliefs , and involve risks and
uncertainties. The licenses cover a
total area of 47,848 hectares (118 ,235 acres) and are all situated in
geological settings believed to have the potential to host world class ore
deposits.

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, Feb. 19 /PRNewswire-
FirstCall/ -- Galaxy Minerals (OTC Bulletin Board: GAXY ) today said that
Parkinson Geologic Services (PGS) has provided this estimate of the Measured,
Indicated , and Inferred Resources of sold calculated for the Yellow Jacket
Mine Property in Santa Cruz County , Arizona.
In regards to this estimate of measured, indicated, and inferred gold
resources at the Yellow Jacket Mine. Its main focus is that of Mining + Mining
Exploration. 144
restrictions apply .

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Additional investigations, laboratory testing, economic
feasibility studies, and mine development activities may result in revisions
to the above estimates of gold resources a* the Yellow Jacket Mine property. Parkinson of Parkinson Geologic Services
(http://Parkinsongeologic. (http://kdengco .

The Company's headquarters are located in Chicago.

Geomorphology deals with the study of landforms, their evolution, and the processes that shape the land's surface.

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The Arizona
Department of Mineral Resources Field Engineers Report from 1959 states the
Phoenix vein was reported to have average calculated gold grades of
approximately 0.
This estimate of the gold resources at the Yellow Jacket mine is
contingent upon the accuracy of the Information available, obtained, and
reviewed by PCS. Galaxy has acquired certain mineral rights in Peru, to develop the
Culebrillas mine. Ten (10) reverse-circulation drill holes
are planned for a total footage of 5,000 feet.
(OTCBB: DRGO) ("Dragon Gold" or "the Company") is pleased to announce that on
January 20, 2005 it entered into an option agreement to acquire five mineral
exploration licenses in Mongolia (the "Properties ").

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K D Engineering
staff provides in-depth experience gained from engineering design and
consulting services, procurement, construction management, plant operations,
and process engineering design .com)
Galaxy Minerals, Inc. (OTCBB:LGCP) Lincoln Gold is pleased to announce initial results
from a continuing soil sampling program on the Lincoln Flat gold
property in Lyon and Douglas Counties , approximately 8 miles west of
the mining town of Yerington.

Dragon Gold Signs Option on Claims Adjacent to Ivanhoe Mines' Properties in Mongolia

They can be classified into two main
exploration regions:

a) Northwestern Mongolia

Three of the claims (L7422X, L7423X, and L7552X) are located within the
Ozernaya and Tuva-Mongol terranes in northwest Mongolia, an area known
to have great potential to hold supergene-enriched porphyry copper and
mesothermal gold deposits.

landform enigmatic

The estimate of "Inferred resources" is in part based on recent geologic
field evaluations and geochemical assay results obtained by PGS for areas
southeast of the Galaxy claims along strike of the Yellow Jacket vein. is incorporated in the State of Florida and trades on
the OTC BB under the symbol GAXY. These forward-looking
statements are based largely on the Company's expectations and are subject to
a number of risks and uncertainties beyond the Company's control , including
but not limited to economic, competitive and other factors affecting the
Company's operations, markets and expansion strategies, the remittance of
payments by third party payers, adequate collection of accounts receivable,
available financing, market prices and recovery costs, government regulations
involving the Company, facts and events not known at the time of this release,
and other factors discussed in the Company's filings with the Securities and
Exchange Commission.
Fieldwork is continuing to further define and focus drill targets. The holes are designed
to test a coherent , soil gold anomaly over an oxidized,
ductile-brittle shear zone of quartz-sericite schist that extends for
3000 feet.

b) Southeastern Mongolia

The remaining two claims (L7551X and L8048X) are located within the
South Mongolian terrane or the South Gobi porphyry copper -- gold belt.

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15 774,000

The above gold resource classifications are in accordance with the Council
of Mining and Metallurgical Institutions (CMMI) as presented in the Mining
Standards Task Force Final Report "Setting New Standards" published by the
Toronto Stock Exchange and Ontario Securities Commission., Inc. Drill cuttings will be assayed for gold and silver in
Reno, Nevada by a laboratory that is compliant with international ISO
standards. Survey work remains in progress . Two of the licenses are located within close range of Ivanhoe Mines
Ltd Oyu Tolgoi Project, which is considered to be one of the world's largest
copper and gold porphyry deposits. L7551X is
located in the Olon Aarg area, it is completely surrounded by Ivanhoe
Mines properties , and it is close to the Bronze Fox District.

lacustrine geomorphological

3 Million 0. An
average gold grade of 0. Over the
past 18 years K D Engineering projects have ranged from complete Mineral
Processing Plants in remote locations in Asia, South America and Mexico to
local state-of-the-art industrial and commercial facilities. has a 75% interest in 7 patented and 76 unpatented
mining claims in and around Oatman Arizona.

YELLOW JACKET GOLD MINE + PHOENIX GOLD PROJECT
Galaxy currently holds a 51 % interest in the patented Yellow Jacket Gold
Mine in Southern Arizona and the adjoining Patented Phoenix Gold project.

Lincoln Gold Advances Exploration on Nevada Gold Properties

Results from 188 soil samples collected
on 100 feet x 200 feet and 200 feet x 200 feet grids over prospective
areas reveal numerous soil gold anomalies.

A large ground magnetometer survey has been partially completed
on the Company's Jenny Hill gold property in Mineral and Nye
Counties, approximately 16 miles west of the small desert town of
Gabbs. This news release may contain information about
adjacent properties on which we have no right to explore or mine
These statements may involve known and unknown risks and
uncertainties and other factors that may cause the actual results to
be materially different from the results implied herein. L7422X, in the Baruun Khavtsal area, lies to
the east of the International Uranium Corporation's Tsagaan
Tolgoi/Shiveen Gol copper-gold property. Full details of the option
agreement can be found in our 8-K dated January 25th, 2005.

fluvial karst

The above estimate of gold resources does not include potential mine
resources owned by Galaxy Minerals at the Phoenix Mine, which is contiguous
with the Yellow Jacket Mine. 500 Park Ave."

The properties are adjacent to exploration areas where recent significant
gold/copper discoveries have been made.

evaporite geomorphological

59 ounces per ton was obtained from samples collected
from mine dumps about 2000 feet from the claim block and the orientation of
the gold-bearing Yellow Jacket quartz vein.

About KD Engineering:
K D Engineering Co. Lincoln Gold presently owns, or has options to acquire a
100% interest in five projects in Nevada, all with potential for
discovery of large gold deposits , including: Buffalo Valley, JDS,
Jenny Hill, Hannah, and Lincoln Flat. (OTC Bulletin Board:LGCP)

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47 ounces per ton.com

SAFE HARBOR: Statements contained in this press release , which are not
historical facts, are forward-looking statements as that term is defined in
the Private Securities Litigation Reform Act of 1995.

interacted landslides

Lincoln Gold Corp. L7423X in Uneged Uul and
L7552X in the Yamaat area, are respectively adjacent to the
northwestern and southeastern parts of the QGX Ltd's Golden Hills
project. L8048X is
adjacent to the Ivanhoe Mines properties and is within close proximity
of the Oyu Tolgoi deposit.

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At
this moment, limited information on the property geology of each individual
license area is available.

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25 140 ,000

Inferred 4 Million 0. Historic professional evaluations of the Phoenix
Mine suggest a significant potential for high-grade gold mineralization
similar to that identified within the Yellow Jacket Mine. PCS conducted only a partial evaluation of
the Phoenix Mine due to unstable collapsing conditions within the mine. Both countries provide an ideal
foreign investment climate given their untapped geological potential and
favourable mining laws.

On behalf of the Company;
Johannes Petersen
President

For INVESTOR INFORMATION please contact:

1-866-843-8869

Safe Harbor for Forward-Looking Statements: This release contains certain
"forward-looking statements" as defined by the Private Securities Litigation
Reform Act of 1995, including, without limitation, expectations, beliefs,
plans and objectives regarding the potential transactions and ventures
discussed in this release. Among the important factors that could cause actual
results to differ materially from those indicated by such forward -looking
statements are the risks inherent in gold exploration, the availability of
needed personnel and equipment for future exploration and development,
fluctuations in gold prices, and general economic conditions.

lacustrine landforms

When completed, 110 km of new
data will be merged with the Company's existing 63 km of data for
interpretation with emphasis on structures related to gold
mineralization and possible extensions of known skarn mineralization. is a US based gold exploration company focused
in Nevada with several gold exploration projects in various stages of
exploration.
Dragon Gold Resources , Inc.

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Permitting for drilling is in progress.

Jeffrey Wilson, Vice President Exploration and COO

This Press Release may contain, in addition, to historical
information, forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. LONDON, Dragon Gold Resources, Inc.

Dragon Gold is preparing an exploration plan and intends to begin field
work, subject to the completion of further due diligence work, once the
weather conditions in Mongolia are favorable.

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Galaxy Minerals Announces Independent Gold Resource Figures on the Yellow Jacket Mine in Santa Cruz County Arizona

The company is currently waiting for results from KD Engineering in Tucson
relating to the chemical breakdown of Yellow Jacket Ore and the most
economical process to proceed with production .

Galaxy Minerals, Inc.
Follow-up soil sampling is in progress to further define the extent of
the anomaly.

Lincoln Gold Corp.

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ABOUT GALAXY MINERALS: (http://www.- ---LINCOLN GOLD
CORP. Soil sampling and continued geologic mapping
are also planned.

landslides landform

, and SANTA CRUZ COUNTY, Ariz. Suite 203 Lake Villa IL 60046
847-265-7600 - Phone 847-265-0995 - Fax Lines
Email: Info@Galaxyminerals.

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LAKE VILLA, Ill. Classification of economic reserves (proven,
probable, and possible] is dependent upon subsequent feasibility studies,
metallurgical testing, and preparation of a mining plan. A new soil gold anomaly has
been identified in the vicinity of the gold hematite breccia target.

Readers are cautioned not to place undue reliance on the
forward-looking statements made in this Press Release. However, the favorable regional geologic
environment and the close proximity to major recent ore discoveries make these
properties an exciting project for the Company.
This region is known to host giant copper and gold deposits such as the
Oyu Tolgoi deposit discovered by Ivanhoe Mines. is a gold exploration company headquartered in
London, United Kingdom.

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This estimate of gold resources
is based on the following:

* Surface and underground field investigations of the property
* Assay results from PGS field Investigations
* Review of the geology and assay results from 2004 core drilling
* Evaluation of historic reports describing the mineralization existing
at the property

YELLOW JACKET MINE RESOURCES

Tons Grade Resources
Resource Type (short tons) (oz/ton) (ounces)

Measured 740,000 0. The mineral resource
classifications are also in accordance with the guidelines established by the
Society for Mining, Metallurgy and Exploration (SME) and the United State
Geological Survey (USGS). A continuance of the Yellow Jacket
vein within the claim block will significantly increase the mineable total
gold resources owned by Galaxy Minerals.galaxyminerals. At least eight (8) new soil gold anomalies have been
identified in the fracture-controlled gold porphyry target area.

Drilling at the Company's Hannah gold property in Churchill
County, approximately 55 miles west of Reno, is scheduled to commence
within the next few days.

quaternary pothole

About PGS:
Senior Geologist Craig L.

ARIZONA:

OATMAN GOLD + LEXINGTON PATENTED GOLD PROJECTS
Galaxy Minerals Inc.

The company recently completed a Stock Equity swap within the United
Kingdom relating to 36,000,000 common shares of the company to which reg.

News Editors

CARSON CITY, Nev.
Also planned are 144 gravity stations to determine depth to bedrock
in prospective areas. Key factors
that could cause actual results to differ materially from those
described in forward-looking statements are:

(i) the inability of the Company to complete the acquisition of
any interest in any new mineral exploration properties;

(ii) the inability of the Company to achieve the financing
required to pursue the acquisition of exploration of any new mineral
properties;

(iii) the inability of the Company to complete the acquisition of
Lincoln Gold;

(iv) the inability of the Company to raise the financing
necessary to conduct exploration of the Lincoln Gold properties; and

(v) the presence of commercial mineralization on the Lincoln Gold
properties.

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- - kjjkjk

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