Shares Issued 42,202,201
VAL d'OR, QC, April 26 /CNW/ - Hinterland Metals Inc. (TSXV:HMI) and
"OtishU" joint venture partner Kakanda Resources Inc. (TSXV:KRC) are pleased
to announce that Prospectair Inc. has been engaged to complete combined
helicopter-borne electromagnetic, magnetic and spectrometer survey over the
Euro and Tonka properties in the Otish Mountain area of Quebec. The expected
start date of the survey is May 20, 2007 contingent upon snow conditions at
The Otish basin is being actively explored for uranium most notably at
the Matoush Project where Strateco Resources Inc. has recently announced drill
hole intersections of up to 2.13% U(3)O(8) over 15.2m (Strateco Press Release:
February 20, 2007). The Euro property covers the southwest margins of the
Paskwati Proterozoic sedimentary basin which is an outlier located 45km
southwest of the main Otish basin. The Tonka property is underlain primarily
by sedimentary rocks of the Indicator Lake Formation and it straddles the
unconformity contact with the underlying granitic complex along the southern
margin of the basin. It is also cut by a major northeast-trending fault. Both
properties offer potential for classic unconformity-type uranium
mineralization both below and above the unconformity surface as well as the
fault-type found at Matoush.
The companies also wish to announce that the OtishU joint venture has
applied for an additional 262 mineral titles (13,886 hectares) by map
designation. This block of staking covers the southeastern margin of the Otish
basin. The Ministère des Ressources naturelles has acknowledged receipt of
these applications and the joint venture is currently waiting for mineral
title certificates to be issued.
Investors are invited to visit the Hinterland IR Hub at
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 addition to the investor
e-mail list to receive all future press releases and updates in real time.
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.
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.
For further information:
For further information: Mark Fekete, President at Toll Free
1-877-874-8182, E-mail: firstname.lastname@example.org, Website: