Maxam Gold Corporation Expands Business Plan Contracts With NU-TRA-PURE

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FOR IMMEDIATE RELEASE:

Maxam Gold Corporation Expands Business Plan Contracts With NU-TRA-PURE

EAST PEORIA, ILLINOIS, Apr. 23 -/E-Wire/-- Maxam (Trading Symbol:MXAM) today announced a formal expansion of their business and operating focus to meet a changing business climate.

The foundation of the Maxam Business Plan continues to be the recovery of precious metals and identifying a market for the future production of metals. Recent announcements were related to a sand and gravel operation on Maxam's leased property with secondary precious metal recovery and investigating joint venture opportunities. The synergy of mining technologies and associated operations are being integrated into the Maxam plans. The feasibility of the Maxam Process Technology being utilized in a "Wholistic' approach to treat waste minerals in the U.S. and in a foreign location are currently being reviewed.

The Directors and Management will continue to evaluate all business opportunities that will represent an operating synergy with our business foundation. They are striving to identify those assets that will create value and generate near term cash flow.

Maxam also announced today that it has signed a contract with NU-TRA-PURE, Inc. to assist NU-TRA-PURE in expanding their corporate operations.

NU-TRA-PURE, Inc. manufactures "Shining Waters' (R) MICRONUTRIENT BODY TONIC a bottled water product that contains vitamins, trace minerals, and amino acids, but no sugars or caffeine. "It tastes great.' NU-TRA-PURE has also developed high purity water technology for home water purification systems identified as "SURE-N-PURE' (TM) that is capable of removing contaminants from drinking water while maintaining the favorable nutrient elements. They also are developing a water treatment application identified as "WATER-CELL-APPLIANCE' (c), which will utilize precious and noble metals in their process to enhance water purification systems.

Maxam will receive for these services:

1. The option to purchase one-third of NU-TRA-PURE Inc. stock at a discount.

2. The distribution rights for their products in the southwestern, southern and eastern United States with a population of about 200 million people.

3. An exclusive contract to provide NU-TRA-PURE with metals in "User Friendly' as opposed to "Bar' form at a premium of 25% over market. The metals Gold, Silver, Platinum, Palladium, and Rhodium will be provided from production or other sources.

Paul Doran and Mike Holecek, officers of NU-TRA-PURE, will present a 30 minute program on "Shining Waters' and NU-TRA-PURE after the Maxam AGM at 4:00 p.m. on April 27, 2001 at the Embassy Suites Hotel, 4400 South Rural Road, Tempe, Arizona.

FORWARD LOOKING STATEMENT

Information on this page represents best efforts from mining experts, geologists, mineralogists, chemists, and other consultants for analysis in valuing Maxam properties. Credentials for these consultants are available on request. Statements contained herein, or elsewhere, are based on current expectations are considered Forward Looking.

Maxam management is optimistic about Maxam's long range prospects, but actual results could differ materially. The following issues and uncertainties, and others, must be considered in evaluating growth outlook: changes in technology; investment cycles, prices of metal, cost of revenues, sales and marketing successes, competitive issues, litigation, environmental issues, and other governmental changes and considerations.

For additional information contact: Dale Runyon, CEO (309) 699-8725 Fax (309) 699-1275 * or- John Yellich, President (303) 475-2929 Fax (303) 280-1193

Maxam Gold Corporation

http://http://www.maxamgold.com

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