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American International Announces Start of Drilling at Bruner Project

LODI, N.J., Apr 22, 2004 (BUSINESS WIRE) -- American International Ventures Inc. (OTC: AIVN) announces that on April 26, 2004 it will commence a diamond drilling program on patented claims at its Bruner Property in Nye County, Nevada. The program represents a first phase exploration program that is designed to follow up previous reverse air circulation drilling conducted on the property in the 1980's. AIVN plans to drill four holes in this initial program.
The Bruner property is located in a region known as the Walker Lane gold belt, 125 miles east-southeast of Reno, Nevada. Several high-grade gold mines and prospects have been developed in the Bruner district in auriferous quartz veins hosted by Tertiary volcanic rocks. Past production at Bruner has been estimated at approximately 55,587 ounces of gold contained in 99,625 tons of ore at a recovered grade of 0.562 oz gold/ton. AIVN owns 28 patented claims totaling 560 acres and 48 unpatented claims totaling 940 acres for a total land position of 1,500 acres in the heart of the Bruner district.

During the past 25 years several companies have conducted exploration in the Bruner district for volcanic-hosted, bulk-tonnage precious metal mineralization. The work completed includes geological mapping and sampling, about 1,000 soil geochemistry samples, several hundred rock chip samples from outcrops and underground workings, helicopter-airborne and ground geophysics, and 147 drill holes totaling 65,185 feet. Gold mineralization was detected in many of the drill holes, and past exploration identified several areas where bulk minable gold mineralization may occur. Several high grade intercepts were also included in the previous drilling. Selected results include the following.

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Hole Number Angle From (ft) To (ft) Intercept Thickness (ft) Assay
(Oz Au/Ton)

BRU 19 -60 85.0 95.0 10.0 0.388

BRU 26 -90 160.0 220.0 60.0 0.088

BRU 27 115.0 120.0 5.0 1.284

-90 150.0 155.0 5.0 1.806

BRU 32 -60 130.0 135.0 5.0 0.386

BRU 83 -60 35.0 65.0 30.0 0.588

BRU 85 -60 330.0 340.0 10.0 0.390

BRU 95 0.0 10.0 10.0 0.108

-45 40.0 55.0 15.0 0.274

BRU 105 -60 175.0 185.0 10.0 0.815

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The results of the first phase drilling program will be used to design a second, more detailed phase of drilling to fully evaluate the potential for bulk minable and high-grade mineralization at Bruner.

FORWARD-LOOKING STATEMENTS: This news release contains certain forward-looking statements. All statements, other than statements of historical fact, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited to: future gold prices, costs, ore grades, estimation of gold reserves and resources, developmental rights, potential mineralization, mining and processing conditions, the risks and hazards inherent in the mining business (including, without limitation, environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, inability to raise necessary funds, inability to obtain properties, and risks inherent in the ownership and operation of, or investment in, mining properties or businesses. There can be no assurance that such statements will prove to be accurate. For a more detailed description of these risks and other factors, please refer to the Company's SEC filings, including the disclosures on our Form 10-KSB. The Company expressly disclaims any intent or obligation to update any of the forward looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.

SOURCE: American International Ventures Inc.

CONTACT: American International Ventures, Inc.
Myron A. Goldstein, Chairman, 973-335-4400
James K. Duff, CEO/President, 973-335-4400
Jack Wagenti, Investor Relations, 973-335-4400
www.aivnotc.com

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