High River Gold Mines Ltd.
TSX : HRG

High River Gold Mines Ltd.

June 17, 2005 17:03 ET

High River Gold Sells Part of its Shareholding in Intrepid Minerals

TORONTO, ONTARIO--(CCNMatthews - June 17, 2005) - High River Gold Mines Ltd. (TSX:HRG) ("High River") announced today that it has sold three million shares of Intrepid Minerals Corporation ("Intrepid") (TSX:IAU) at a share price of 45 cents per share for gross proceeds of $1,350,000. High River now holds 1,790,941 Intrepid shares.

High River's sale provides additional working capital to assist the Company in meeting its short- term funding requirements on its two high priority development projects. High River remains very positive on Intrepid, its management and its projects.

Contact Information

  • High River Gold Mines Ltd.
    Don Whalen
    Executive Chairman
    (416) 947-1440
    (416) 360-0010 (FAX)
    or
    High River Gold Mines Ltd.
    Laurie Gaborit
    VP Investor Relations & Corporate Secretary
    (416) 947-1440
    (416) 360-0010 (FAX)
    info@hrg.ca
    www.hrg.ca