April 09, 2014 12:00 ET
VAL D'OR, QUEBEC--(Marketwired - April 9, 2014) - Hinterland Metals Inc. (TSX VENTURE:HMI) ("Hinterland") is pleased to announce that it has recently acquired by staking the 14-claim (784-ha) Surprise property (the "Property") located approximately 45km south of Chapais in the Abitibi region of Quebec. A newly completed compilation by Hinterland indicates that the Property is prospective for gold based on favourable geology, structure and the results of past work. Five historical drill holes are documented on the Property. Hole LS-6 drilled by Esso in 1987 returned two gold intersections of 1.0g/t over 1.5m from 90m and 2.0g/t Au over 1.2m from 105m (Quebec GM 46947). Moreover the potential of this region has been exemplified by the recent exploration activity and new gold discoveries reported in drill holes by Tomagold Corp. on its Monster Lake project located 20km northeast of the Property, and Vanstar Mining Resources Inc. on its Nelligan project located 15km east of the Property. Hinterland intends to complete prospecting, mapping and sampling over its claims in 2014 at an approximate cost of $30,000 subject to successful financing. The goal of the work will be to identify drill targets for the 2015 winter drilling season. Hinterland is actively seeking a joint venture partner to participate in exploration of the Property.
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 that reviewed and approved the technical content of this release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy 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.
Shares Issued 24,894,614
Hinterland Metals Inc.Mark FeketePresident1firstname.lastname@example.org
See all RSS Newsfeeds