 | |
| |
| | Wed Dec 12, 2007
Hinterland Starts Drilling at Raney Gold Project, Ontario
|
| | VAL D'Or, QC, Dec, 12 - Hinterland Metals Inc. (TSXV:HMI) is pleased to announce that a drill has been mobilized to the "Raney" gold property located some 130km southwest of Timmins, Ontario. The property is located in the Archean Swayze Greenstone Belt and is underlain by felsic to intermediate volcanic and feldspar porphyry intrusive rocks. Two surface showings have been identified to date. The first showing has returned grab samples up to 8.6g/t Au from quartz veins and up to 1.0 g/t Au from altered rock adjacent to the quartz veins. A single drill hole completed in 1999 by the property vendor returned 3.4g/t Au over 6.8m. Re-sampling of this drill intersection returned a similar result of 3.9g/t over 5.9m. The second showing is found roughly 250m southwest of the first and is marked by strongly sheared feldspar porphyry. Historical values up to 27g/t Au have been reported from quartz veins at this showing but no significant gold values have been returned from the adjacent altered, sheared wall rock. The drilling will test the extension of the mineralization encountered by the 1999 drilling and will also test the second showing. A number of induced polarization anomalies may also be drilled.
The analytical results stated in this press release were determined for the property vendor at Swastika Laboratories Inc. ("Swastika") in Swastika, Ontario by traditional fire assay, gravimetric technique. Swastika is not accredited but it is independent, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Mark Fekete, P.Geo is the designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the preparation of this release.
Investors are invited to visit the Hinterland IR Hub at http://www.agoracom.com/IR/Hinterland where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to hmi@agoracom.com where they can also request to be added to the investor e-mail list in order to receive all future press releases and updates in real time.
For more information please contact:
Mark Fekete, President at Toll Free 1-877-874-8182
E-mail: info@hinterlandmetals.com
Website: http://www.hinterlandmetals.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This release contains forward-looking statements reflecting the Company's objectives, estimates and expectations for its projects. These statements are identified by the use of verbs such as "estimate", "believe", "anticipate", "intend", "expect", "plan", "may", "should", "will", and the negative thereof or other variations thereon or comparable terminology. By their very nature, these types of statements involve risk and uncertainty. Consequently, results could differ materially from the Company's projections or expectations. |
| |
| | You can return to the Top of this page
|
| | | | |
