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Message: HI HO SILVER ADDS TO LABRADOR HOLDINGS ADJACENT AND NEAR
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EQUITAS INCLUDING HISTORIC NICKEL VALUES
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Hi Ho Silver Resources Inc (C:HHS)
Shares Issued 48,334,433
Last Close 9/11/2015 $0.005
Monday September 14 2015 - News Release
Mr. Dennis H McKnight
Hi Ho Silver Resources Inc. has acquired additional land in the Labrador nickel belt of Canada consisting of two claim blocks near and adjacent to the Garland project of Equitas Resources Corp. (EQT). This area lies approximately 30 kilometres south of the Voisey's Bay nickel mine.
One new set of claims is adjacent to EQT and approximately three kilometres northwest from published geophysical anomaly D of EQT.
The second new set of claims covers a showing with historic nickel values as reported by T. J. Beesley, PEng, in 1995 for Cartaway Resources Inc. in report number LAB 1218 , page 43 of 135, filed with the Newfoundland department of natural resources. The historic results are reported.
"A gossanous patch in leucogabbro 0.3 diameter was sampled (277) in claim block FP-C and contained 1,180 ppm Cu, 1,361 ppm nickel and 526 ppm Co. This gossan was in the vicinity of a 2m-wide by 20m-long disseminated sulphide zone (pyrite, pyrrhotite, trace chalcopyrite). A sample (278) from this zone contained 326 ppm Cu, 377 ppm nickel and 151 ppm cobalt".
The location of samples 277 and 278 above are approximately six kilometres northwest of Hi Ho's 100-per-cent owned Plugger Hill nickel occurrence (see Hi Ho Press Release April 8, 2015), which is 2.5 kilometres south of the EQT Garland project. In consideration for 100-per-cent interest in the properties, with no retained net smelter royalty, the company will issue three million common shares at a deemed price of five cents per share to 0998601 B.C. Ltd. upon closing date of the agreement, which is anticipated to be on or before Sept. 30, 2015. The shares will be subject to a hold period expiring four months plus one day from the date of issuance.
This press release was reviewed by Dr. Stewart A. Jackson, PGeo, an independent qualified person as defined by National Instrument 43-101.
We seek Safe Harbor.
Hi Ho Silver Resources Inc (C:HHS)
Shares Issued 48,334,433
Last Close 9/11/2015 $0.005
Monday September 14 2015 - News Release
Mr. Dennis H McKnight
Hi Ho Silver Resources Inc. has acquired additional land in the Labrador nickel belt of Canada consisting of two claim blocks near and adjacent to the Garland project of Equitas Resources Corp. (EQT). This area lies approximately 30 kilometres south of the Voisey's Bay nickel mine.
One new set of claims is adjacent to EQT and approximately three kilometres northwest from published geophysical anomaly D of EQT.
The second new set of claims covers a showing with historic nickel values as reported by T. J. Beesley, PEng, in 1995 for Cartaway Resources Inc. in report number LAB 1218 , page 43 of 135, filed with the Newfoundland department of natural resources. The historic results are reported.
"A gossanous patch in leucogabbro 0.3 diameter was sampled (277) in claim block FP-C and contained 1,180 ppm Cu, 1,361 ppm nickel and 526 ppm Co. This gossan was in the vicinity of a 2m-wide by 20m-long disseminated sulphide zone (pyrite, pyrrhotite, trace chalcopyrite). A sample (278) from this zone contained 326 ppm Cu, 377 ppm nickel and 151 ppm cobalt".
The location of samples 277 and 278 above are approximately six kilometres northwest of Hi Ho's 100-per-cent owned Plugger Hill nickel occurrence (see Hi Ho Press Release April 8, 2015), which is 2.5 kilometres south of the EQT Garland project. In consideration for 100-per-cent interest in the properties, with no retained net smelter royalty, the company will issue three million common shares at a deemed price of five cents per share to 0998601 B.C. Ltd. upon closing date of the agreement, which is anticipated to be on or before Sept. 30, 2015. The shares will be subject to a hold period expiring four months plus one day from the date of issuance.
This press release was reviewed by Dr. Stewart A. Jackson, PGeo, an independent qualified person as defined by National Instrument 43-101.
We seek Safe Harbor.
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