Shares Issued 42,677,201
TORONTO, Aug. 1 /CNW/ - Hinterland Metals Inc. (TSXV:HMI) is pleased to
announce that exploration work has commenced on the Hearne uranium project
located approximately 120km west of Churchill in Northern Manitoba. The
property covers the southern lobe of the Paleoproterozoic Seal River Basin and
is partly underlain by sulphide-bearing quartzite and quartz-pebble
conglomerate. At least three bands of pyritic conglomerates enriched in
uranium were identified by previous workers in the late 1970's. Chip sampling
of the conglomerate bands yielded up to 0.10lb/ton U3O8 over widths up to 15m.
Subsequent shallow drilling intersected an upper band of 0.48lb/ton U3O8 over
3m and a lower band of 0.24lb/ton U3O8 over 5m.
The exploration work includes a high sensitivity combined magnetometer
and spectrometer airborne survey covering an area of approximately 100 square
kilometers to be completed by Prospectair Inc. of Gatineau Quebec. The work
also includes ground prospecting and sampling to be completed by Hinterland
personnel in the area of the previous work and also along the 11km strike
length of known uranium mineralization.
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 to be added to the investor
e-mail list to receive all future press releases and updates in real time.
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'sobjectives, 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: email@example.com, Website: