Mineral Hill Industries Acquires Brine Lithium Mineral Claims in Nevada
Trading Symbols: TSX Venture Exchange: MHI Frankfurt Stock Exchange: N8Z/WKN: AODLHP Pink Sheets: MHIFF
VANCOUVER, April 13 /CNW/ - Further to the Company's news release on April 8, 2010, the Company is pleased to announce that following further clarification on the RR Lithium Property ("RR Li Property"), the vendor has today confirmed that the RR Li Property, located on the northwest side of the Railroad Valley playa, in the north east of Nye County in central Nevada, U.S.A. is actually comprised of 31 contiguous claims covering 4,960 acres located in townships 8 North, 55 East; 8 North 56 East; and 9 North, 56 East and not 8 contiguous claims covering 1280 acres as originally reported.
About Mineral Hill Industries Ltd.
Mineral Hill Industries Ltd. is a Canadian-based rare earth mineral exploration and development company trading on the TSX Venture Exchange (MHI), the Frankfurt Exchange (N8Z/WKN: AODLHP), and the OTC Pink Sheets (MHIFF). Mineral Hill has accumulated a diversified portfolio of quality lithium and precious metal properties in Canada and the USA. The Company's primary focus is on developing its three 100%-owned hard-rock lithium carbonate exploration projects in Quebec, Canada, its brine lithium property in Nevada, USA, as well as its Praxis Goldfields Project in Northern BC.
Mineral Hill recently completed and filed a NI 43-101 Technical Report on three prospects located near Val d'Or, Quebec which confirmed elevated Li2O concentrations. Following completion of the NI 43-101 Technical Report, Mineral Hill is evaluating the next stage of development for its Quebec lithium prospects in 2010 which will include drilling and expanded exploration.
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.
For further information: on Mineral Hill Industries Ltd. and its projects visit the Company's website at www.mineralhill.com or contact: John Punzo, President, Mineral Hill Industries Ltd., Telephone: (604) 685-4170; Michael Johal, Mineral Hill Industries Ltd., Tel: (604) 630-6792, [email protected]; Investor Relations, Senergy Communications, Shiro Rae, Tel: (778) 331-2031, [email protected]
Share this article