VAL D'OR, QUEBEC--(Marketwire - June 16, 2010) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce positive results from a 13-hole, 2,105m drill program completed on the Lockout gold project in April 2010. The property is located 100km due east of Quevillon, Quebec and is situated in the Barry-Urban Greenstone Belt approximately 4km west of Eagle Hill's Windfall project and 8km north of Metanor's Barry open pit gold mine. The drilling tested the Panache gold zone over a length of 1.0km and followed up positive drill results obtained by Hinterland in 2007 and 2009. Gold mineralization is found along the upper and lower contacts of a graphitic unit within mafic volcanic rocks and appears to be related to porphyry dykes injected next to the contacts.
Highlights of the drilling include intersections up to 5.9gpt Au over 3.0m within a wider zone of 1.9gpt Au over 14.1m in hole LK10-25. The best assay within this intersection was 15.8gpt Au over 1.0m. The Panache gold zone was intersected in 12 of the 13 holes drilled and varied from 4.0 to 22.1m in width and from 0.2 to 1.9gpt Au in grade. The drill results for the 2010 program are listed as follows:
Hole |
Grid
mE |
Grid
mN |
Elev.
m |
Azi
degrees |
Dip
degrees |
From
m |
Int.
m |
Au
gpt |
LK10-13 |
1000 |
1095 |
356 |
330 |
-50 |
120.3 |
6.6 |
0.7 |
LK10-14 |
1100 |
1163 |
388 |
330 |
-50 |
104.3 |
4.1 |
0.9 |
LK10-15 |
1300 |
1263 |
390 |
330 |
-50 |
45.3 |
22.1 |
0.3 |
LK10-16 |
1500 |
1189 |
387 |
330 |
-50 |
136.4 |
4.0 |
0.9 |
LK10-17 |
1600 |
1234 |
387 |
330 |
-50 |
78.3 |
12.0 |
0.6 |
LK10-18 |
1600 |
1166 |
387 |
330 |
-50 |
No intersections |
LK10-19 |
1695 |
1240 |
385 |
330 |
-50 |
88.3 |
16.8 |
0.6 |
incl. |
|
|
|
|
|
95.5 |
2.9 |
2.1 |
LK10-20 |
1700 |
1170 |
386 |
330 |
-50 |
184.0 |
12.8 |
0.6 |
incl. |
|
|
|
|
|
189.7 |
2.7 |
1.5 |
LK10-21 |
1900 |
1240 |
393 |
330 |
-50 |
109.2 |
17.6 |
0.5 |
LK10-22 |
1900 |
1170 |
396 |
330 |
-50 |
195.1 |
12.6 |
0.6 |
LK10-23 |
2000 |
1205 |
395 |
330 |
-50 |
172.0 |
7.0 |
0.4 |
LK10-24 |
1805 |
1325 |
393 |
156 |
-50 |
19.0 |
11.8 |
0.2 |
LK10-25 |
1800 |
1355 |
393 |
150 |
-50 |
69.9 |
14.1 |
1.9 |
incl. |
|
|
|
|
|
69.9 |
3.0 |
5.9 |
The analytical results referred to in this release were determined at Bourlamaque Assay Laboratories ("Bourlamaque") in Val d'Or, Quebec by fire assay, atomic absorption technique for gold. Bourlamaque is not accredited but it is independent of Hinterland, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Also, Hinterland inserts blanks, standards and duplicates according to an independently designed and monitored QAQC program. 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.
This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
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