2015-10-20 06:27 ET - News Release

Mr. Dennis McKnight reports

HI HO OBTAINS HIGH GOLD VALUES FROM BRALORNE PIONEER EXTENSION PROPERTY, SOUTHERN BRITISH COLUMBIA, CANADA

Hi Ho Silver Resources Inc. has released two high-grade gold assays from surface sampling of boulders adjacent the Pacific Eastern shaft location in the Bralorne-Pioneer gold-mining area of Southern British Columbia, Canada.

Two grab samples, broken from large quartz boulders within a boulder field surrounding the location of the historical Pacific Eastern shaft, returned 82,632 ppb (2.66 ounces per tonne) gold and 4895 ppb (0.15 ounces per tonne) gold. Four additional samples returned minimal values of gold. Associated silver, lead, cobalt and arsenic values were present at low levels.
These samples suggest potential for exploration for bedrock gold beneath the boulder train in this area , particularly when there are no known surface gold systems known in this area on the east side of Cadawalder Creek. The historical Bralorne and Pioneer, and Pioneer Extension vein systems occur on the west side of the creek. Access to Hi Ho's Pacific Eastern Vein System on the west side of the creek was obtained by sinking a shaft east of the creek, passing under the creek to reach the vein on the west side during historical exploration on the southern extension of the productive Bralorne and Pioneer vein systems to the north.

Additional field work, mapping, sampling and geophysical surveying will be planned in this area for the next summer field season.
This press release was approved by Dr. Stewart A. Jackson, P.Geo., a Qualified Person as defined by National Instrument 43-101.
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