otterman
12 years ago
Hinterland Lac Fecteau Drill Results and Exploration Update
Thursday, May 17, 2012
VAL D'OR, QUEBEC--(Marketwire - May 17, 2012) - Hinterland Metals Inc. (TSX VENTURE:HMI) announces the results of a drill program completed in March 2012 on the Lac Fecteau property located 120 kilometres southwest of Chibougamau, Quebec. The property is in the Barry-Urban Greenstone Belt approximately 20km east of Eagle Hill's Windfall Lake Project and 30km northeast of Metanor Resources' Barry open pit gold mine. A total of 1,248m of NQ diameter drilling was done in eight holes to test a number of resistivity/chargeability anomalies found in the nose of an east to southeast plunging fold. All gold-bearing intervals intersected by the drilling are listed as follows:
Hole Zone From (m) Length (m) Wt.Avg.
(gpt Au)
LF12-01 Contact 92.3 1.0 0.29
LF12-02 Contact 80.5 3.0 0.68
LF12-03 Contact 70.5 2.4 0.77
Sericite alteration 76.0 1.0 0.39
LF12-04 Sericite alteration 74.8 5.0 0.31
LF12-07 Carbonate alteration 49.3 1.0 0.22
The gold-bearing intervals are generally located in strong carbonate alteration zones adjacent to contacts between fine-grained mafic tuff and intermediate crystal to lapilli tuff, in highly magnetic zones of disseminated pyrrhotite mineralization in narrow siltstone layers inter-bedded with the mafic tuff, or in zones of pervasive sericite alteration.
Due to bad ground conditions caused by unusually warm weather in March, the drill program was cut short and a number of targets were not drilled. Hinterland currently has a crew on the Fecteau property that will complete a trenching and sampling program to test the targets that were not drilled.
The analytical results referred to in this release were determined at Bourlamaque Assay Laboratories ("Bourlamaque") in Val d'Or, Quebec by fire assay, atomic absorption technique for gold. Bourlamaque is not accredited but it is independent of Hinterland, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Also, Hinterland inserts blanks, standards and duplicates according to an independently designed and monitored QAQC program. 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.
Follow Hinterland on:
•Facebook: http://www.facebook.com/hinterlandmetals•Twitter: http://twitter.com/hinterland_hmi•Youtube: http://www.youtube.com/user/HinterlandMetals•Flickr: http://www.flickr.com/photos/hinterlandmetals/This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 24,594,614
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
President
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20120517&archive=ccnm&slug=201205170791391001
otterman
12 years ago
Hinterland Expands Mozart Gold Property in Quebec
Friday, December 09, 2011
VAL D'OR, QUEBEC--(Marketwire - Dec. 9, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that it has staked 44 additional mineral titles northwest of the recently acquired Mozart property (HMI Press Release - November 29, 2011) located 50 kilometres northeast of Val d'Or, Quebec. The new claims expand the property to 64 claims covering an approximate area of 2,731 hectares. More importantly the new staking secures the northwestern projection, as determined by regional geophysical data, of two parallel northwest-trending zones exposed on the Mozart property at several locations in surface trenches, and effectively extends the strike length prospective for similar gold mineralization up to a total of eight kilometres.
"The Mozart acquisition and subsequent expansion are in line with our renewed focus on the Abitibi gold province," comments Mark Fekete, President and CEO and "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101, who reviewed the technical content of this release.
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This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 24,294,614
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
President
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20111209&archive=ccnm&slug=201112090751904001
otterman
12 years ago
Hinterland Acquires Mozart Gold Property in Quebec
Tuesday, November 29, 2011
VAL D'OR, QUEBEC--(Marketwire - Nov. 29, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that it has entered into an option agreement with a locally based prospecting syndicate whereby Hinterland may earn a 100% interest in the 20-claim (692-hectare) Mozart property located 50 kilometres northeast of Val d'Or, Quebec. Gold mineralization related to sulphide-bearing quartz veins has been identified on the Mozart property at several locations exposed by hand trenching. The mineralization appears to be associated to two parallel northwest-trending zones. Assay values up to 10.4 grams tonne gold (gpt Au) have been obtained from grab samples taken at the more easterly zone whereas values up to 1.2 gpt Au have been returned from grab samples taken at the more westerly zone.
Under the terms of the option agreement, Hinterland may earn a 100% interest in the Mozart property by paying $36,000 cash, issuing 650,000 shares and doing $350,000 of exploration work over a three year period. The property will be subject to a 2.5% royalty interest. Hinterland will have the right to purchase 1.5% of the royalty interest for $1 million and will have a right of first refusal on the remaining 1%. The agreement is subject to approval by regulatory authorities in compliance with applicable securities legislation. Hinterland intends to start exploration work immediately with line cutting and geophysical surveys followed by diamond drilling.
The analytical results referred to in this release were determined at Bourlamaque Assay Laboratories ("Bourlamaque") in Val d'Or, Quebec by fire assay, atomic absorption technique for gold. Bourlamaque is not accredited but it is independent of Hinterland, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Mark Fekete, P.Geo., a "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101, reviewed the technical content of this release.
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This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued - 24,094,614
FOR FURTHER INFORMATION PLEASE CONTACT:
President
Mark Fekete
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20111129&archive=ccnm&slug=201111290748734001
otterman
12 years ago
Hinterland Samples up to 2474ppm REE in Soils at Kipawa, Quebec
Wednesday, November 09, 2011
VAL D'OR, QUEBEC--(Marketwire - Nov. 9, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to release Rare Earth Element ("REE") results from a detailed soil geochemistry survey completed on the 306-claim (17,826-hectare) Kipawa property located 20km northeast of Temiscaming, Quebec and 90km north-east of North Bay, Ontario. The Kipawa area has long been known for its REE-zircon-yttrium potential generally related to the Kipawa Syenite Complex ("KSC"). The KSC occurs as a 100 to 300m thick, sheet-like body which can be traced around an arc-like structure for almost 100km.
The goal of the program was to obtain detailed REE-in-soil data from a number of locations known through a compilation of government stream sediment data to have anomalously high, coincident yttrium, samarium, europium, and cerium values. This type of soil sampling has been proven by Hinterland to be an effective method for identifying prospective REE targets. In late 2009 Hinterland completed a preliminary soil geochemical survey that returned combined REE values up to 1835ppm (Hinterland News Release -- April 20, 2010).
In 2011 a total of 3,458 soil samples were collected on nine individual grids at 50m sampling intervals on lines spaced 100m apart. A total of 18 targets prospective for REE mineralization were identified including nine linear trends and nine spot anomalies. The most notable linear anomaly (Zone B) is continuous over roughly 900m in an east to west direction, covers an area of roughly 7ha and shows a maximum value of 1154ppm REE. The strongest spot anomaly (Zone N) covers an area of roughly 3ha and shows a maximum value of 2474ppm REE.
The average depth of the samples taken in 2011 was deeper than those taken in 2009 such that in general they tested the deeper, more prospective C horizon. The area of the property is largely covered by a thin layer of locally derived colluvium rather than glacially derived, transported soils. This means that chances are good to locate a bedrock source of REE close to each of the 18 anomalous REE in soil zones found in 2011.
The soil geochemical results referred to in this press release were determined by ISO 17025 certified Activation Laboratories Ltd. in Ancaster, Ontario by Instrumental Neutron Activation Analysis ("INAA"). This method returns total results for eight of the 17 REE including lanthanum, cerium, neodymium, samarium, europium, terbium, ytterbium and lutetium. Therefore the soil geochemical results represent partial REE values. Accordingly, INAA is considered by Hinterland to be a provisional, cost-effective, pathfinder analytical method to generate prospecting, trenching and bedrock sampling targets. 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.
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This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 24,094,614
FOR FURTHER INFORMATION PLEASE CONTACT:
President
Mark Fekete
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20111109&archive=ccnm&slug=201111090743437001
otterman
12 years ago
Hinterland Closes Private Placement for $505,200
Friday, September 30, 2011
VAL D'OR, QUEBEC--(Marketwire - Sept. 30, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) has closed a non-brokered private placement for gross proceeds of $505,200 through the issue of 3,368,000 flow-through shares at a purchase price of $0.15 per flow-through share. As part of the private placement, an officer of the Company subscribed for $9,900. The securities sold under the private placement were issued pursuant to exemptions from the prospectus and registration requirements of applicable securities laws, subject to the receipt of necessary regulatory approvals, and to a four month hold period ending January 31, 2012. The Company paid finder's fees of $28,638 in cash. The proceeds from the private placement will be used by Hinterland to advance its exploration projects within Quebec.
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Shares Issued 24,094,614
FOR FURTHER INFORMATION PLEASE CONTACT:
President
Mark Fekete
Toll Free 1-877-874-8182
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110930&archive=ccnm&slug=201109300732519001
otterman
12 years ago
Hinterland Metals Inc. and Stakeholder Gold Corp. Complete Spin-out of Yukon Assets
Monday, June 20, 2011
VAL D'OR, QUEBEC--(Marketwire - June 20, 2011) - NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES
Hinterland Metals Inc. (TSX VENTURE:HMI) ("Hinterland") and Stakeholder Gold Corp. ("Stakeholder") are pleased to announce the closing of the previously announced arrangement (the "Arrangement") (see press releases of Hinterland dated January 20, April 4 and June 8, 2011).
On June 13, 2011, following the approval of the Arrangement by Hinterland's shareholders at its annual and special meeting held on June 7, 2011, Hinterland obtained the final order from the Superior Court of Québec (the "Final Order") to complete the Arrangement under Section 192 of the Canada Business Corporations Act. Concurrently with the issuance of the Final Order, Stakeholder completed its private placement of subscription receipts (the "Private Placement") for gross proceeds of $825,000. For more information on the Arrangement, Stakeholder and the Private Placement, see Hinterland's information circular dated May 4, 2011 available on SEDAR at www.sedar.com.
On June 20, 2011, the TSX Venture Exchange issued its final bulletin relating to the listing of Stakeholder. Therefore, the common shares of Stakeholder will commence trading on the TSX Venture Exchange at 9:30 a.m. (Eastern Time) on June 21, 2011, under the symbol "SRC". As a result of the Arrangement, the common shares of Hinterland (on a consolidated basis) will also commence trading on the same day and continue to trade under the symbol "HMI".
Stakeholder's main asset is the 200-claim (4140ha) Ballarat property located approximately 100km due south of Dawson City in the White Gold district of Yukon. Approximately 15km due north of Ballarat is Kinross's White Gold deposit and Kaminak's Coffe project is located about 20km southwest of Ballarat. In 2009 and 2010 Hinterland completed detailed deep auger-type soil sampling, prospecting and mechanical trenching. Two very strong gold-in-soil anomalies were outlined. Each anomaly appears to trend east-west for a minimum distance of 1000m on the property (Hinterland Press Release - October 28, 2010).
Hinterland will be primarily focused on the 306-claim (17,826ha) Kipawa rare earth element ("REE") property located 140km south of Rouyn-Noranda, Quebec and 90km north-east of North Bay, Ontario. The Kipawa area has long been known for its REE-zircon-yttrium potential. The Kipawa property is situated approximately 30km due west of the Zeus REE-zircon-yttrium deposit held by Matamec Explorations Inc. In 2010 Hinterland identified significant REE-in-soil anomalies on its Atwater and Lachine claim blocks (Hinterland News Release - April 20, 2010).
"By spinning out the Yukon gold assets into Stakeholder, Hinterland will be able to concentrate on Quebec and Ontario. We now have two well structured, well focused, prospective exploration companies," commented Mark Fekete, President and CEO.
Mark Fekete, P.Geo, is the designated "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects responsible for the technical content of this release.
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Forward-Looking Statements Disclaimer
Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Hinterland and Stakeholder believe, expect or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements; this includes the completion of the Arrangement. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Hinterland's or Stakeholder's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with expectations, changes in world gold markets or markets for other commodities, and other risks disclosed in Hinterland's or Stakeholder's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, Hinterland and Stakeholder disclaim any intent or obligation to update any forward-looking statement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Toll Free 1-877-874-8182 Ext. 210
Mark Fekete
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110620&archive=ccnm&slug=201106200706592001
otterman
12 years ago
Hinterland Spin-Out Arrangement With Stakeholder Gold Corp. Approved by Shareholders
Wednesday, June 08, 2011
VAL D'OR, QUEBEC--(Marketwire - June 8, 2011) -
Hinterland Metals Inc. (TSX VENTURE:HMI) ("Hinterland" or the "Company") is pleased to announce that the special resolution relating to the Arrangement agreement (the "Arrangement") with Stakeholder Gold Corp. ("Stakeholder"), a wholly-owned subsidiary of Hinterland, was approved at the Annual and Special Meeting of shareholders held in Montreal on June 7, 2011. Pursuant to the Arrangement, certain Yukon gold assets of Hinterland will be transferred to Stakeholder in consideration for the issuance of common shares of Stakeholder equal to 25% of the issued and outstanding common shares of Hinterland immediately prior to the closing of the transaction, for a total of approximately 20.7 million shares. As previously announced by Hinterland (see press release dated February 1, 2011), Hinterland will distribute 92.5% of the shares received from Stakeholder to its shareholders and keep 7.5% (for more information on the terms and conditions of Arrangement, see Hinterland's press release dated April 4, 2011 and the Plan of Arrangement attached to the Arrangement Agreement which has been filed at www.sedar.com).
The closing of the Arrangement is subject to number of remaining conditions, including (i) final approval of the Arrangement by the Superior Court of Québec (ii) final approval by the TSX Venture Exchange for listing of the shares of Stakeholder and the new common shares of Hinterland, (iv) the successful completion by Stakeholder of a private placement for minimum gross proceeds of $825,000, (v) the execution of a definitive agreement between Hinterland and Stakeholder for the transfer of the Yukon gold assets and (vi) other conditions customary to this type of transaction.
Other business transacted at the Annual and Special Meeting included: the re-election of Mark Fekete, Gregory Fekete, Vaughn MacLellan, Peter Thiersch and Fred Kiernicki and the election of Zachery Dingsdale as directors of the Company; the appointment of Raymond Chabot Grant Thornton as Auditors of the Company; and the approval of the Company's rolling stock option plan. Immediately following the meeting, Mark Fekete, Ingrid Martin and Gregory Fekete were re-appointed as the President and CEO, CFO, and Secretary respectively.
The Board of Directors welcomes Zachery Dingsdale as a new director. As Founder and Director of Tangent Management Corp., a financial management firm that provides financial consulting and management services to publicly listed companies, Mr. Dingsdale brings to the Company over 16 years experience in the equity markets. Mr. Dingsdale is currently President and CEO of Taku Gold Corp. (TSX VENTURE:TAK) and also sits as a director on the boards of Otish Energy Inc. (TSX VENTURE:OEI) and Tajiri Resources Corp. (TSX VENTURE:TAJ).
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Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements; this includes the completion of the spin off. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, the inability of the Company to complete the spin off on the terms and conditions disclosed above, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
Shares Issued 82,606,570
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free: 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110608&archive=ccnm&slug=201106080703420001
otterman
12 years ago
Hinterland Begins Exploration Work at Kipawa Rare Earth Project in Western Quebec
Tuesday, May 17, 2011
VAL D'OR, QUEBEC--(Marketwire - May 17, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that exploration work is well underway at the 306-claim (17,826ha) Kipawa Rare Earth Element ("REE") project. The Kipawa area, located 140km south of Rouyn-Noranda, Quebec and 90km north-east of North Bay, Ontario, has long been known for its REE-zircon-yttrium potential generally related to the Kipawa Syenite Complex ("KSC"). The KSC occurs as a 100 to 300m thick, sheet-like body which can be traced around an arc-like structure for almost 100km.
The present Kipawa property is situated approximately 30km due west of the Zeus REE-zircon-yttrium deposit held by Matamec Explorations Inc. In June 2010 Matamec announced that an independent resource estimation has defined an indicated resource of 3.35 million tonnes at a grade of 0.58% total rare earth oxides ("TREO") with 0.89% zirconium and an inferred resource of 6.48 million tonnes at a grade of 0.60% TREO with 0.99% zirconium (Matamec News Release - June 3, 2010).
Hinterland's current exploration program will involve extensive, detailed, deep auger-type soil geochemical sampling at a number of locations identified through a compilation of government stream sediment data to have anomalously high, coincident yttrium, samarium, europium, and cerium values. This type of soil sampling has proven by Hinterland to be an effective method for identifying prospective REE targets. On the Lachine block, one strong, circular anomaly was detected with combined REE values up to 1835ppm as well as five other spot anomalies (Hinterland News Release - April 20, 2010). On the Atwater block, three linear anomalies were detected with combined REE values up to 1091ppm.
"Our initial sampling work was very wide spaced. We intend to nail down the REE mineralization with this tighter sampling pattern," explains Mark Fekete, P.Geo: President, CEO and designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the technical content of this release.
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This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 81,789,904
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110517&archive=ccnm&slug=201105170697247001
otterman
12 years ago
Hinterland Executes Arrangement Agreement with Stakeholder Gold Corp.
Monday, April 04, 2011
VAL D'OR, QUEBEC--(Marketwire - April 4, 2011) -
Hinterland Metals Inc. (TSX VENTURE:HMI) ("Hinterland") is pleased to announce the execution of an Arrangement Agreement with Stakeholder Gold Corp. ("Stakeholder"), it's wholly-owned subsidiary, pursuant to which certain Yukon gold assets of Hinterland will be transferred to Stakeholder in consideration for the issuance of common shares of Stakeholder equal to 25% of the issued and outstanding common shares of Hinterland immediately prior to the closing of the transaction, for a total of approximately 20 million shares. As previously announced by Hinterland (see press release dated February 1, 2011), Hinterland intends to keep 7.5% of the shares received from Stakeholder and distribute the balance to its shareholders.
The transactions contemplated by the agreement will be carried out as a plan of arrangement (the "Arrangement") under the provisions of the Canada Business Corporations Act. Under the Arrangement, each Hinterland common share will be exchanged for 0.25 of a new common share of Hinterland and 0.23125 of a Stakeholder common share. Furthermore, the Arrangement contemplates that holders of outstanding warrants and options shall be entitled to receive new Hinterland common shares and Stakeholder common shares upon the exercise thereof in accordance with the aforementioned ratios (for more information on the terms and conditions of the exercise of the convertible securities of Hinterland under the Arrangement, see the Plan of Arrangement attached to the Arrangement Agreement which is being filed at www.sedar.com concurrently with the dissemination of this press release). Following the closing of the Arrangement, Hinterland will have approximately 20 million common shares issued and outstanding.
Hinterland expects to hold its annual and special meeting of shareholders (the "Meeting") to approve the Arrangement by the end of May 2011. In this regard, Hinterland will be mailing to its shareholders and convertible security holders (the "Securityholders") an information circular (the "Circular") containing information on the Arrangement and Stakeholder. Hinterland expects the Circular to be sent out to its Securityholders within a delay of approximately 30 days.
The closing of the Arrangement is subject to number of conditions, including (i) the Arrangement being approved by the Superior Court of Québec and by the shareholders of Hinterland by a majority of 66 2/3% of the votes cast at the Meeting, (ii) holders of not more than 2% of the issued and outstanding common shares of Hinterland having exercised their right of dissent in respect of the Arrangement, (iii) the TSX Venture Exchange having conditionally approved the listing of the shares of Stakeholder and the new common shares of Hinterland, (iv) the successful completion by Stakeholder of a private placement for minimum gross proceeds of $825,000, (v) the execution of a definitive agreement between Hinterland and Stakeholder for the transfer of the Yukon gold assets and (vi) other conditions customary to this type of transaction.
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Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements; this includes the completion of the spin off. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, the inability of the Company to complete the spin off on the terms and conditions disclosed above, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110404&archive=ccnm&slug=201104040687066001
otterman
12 years ago
Hinterland Stakes TM Property in White Gold Area of Yukon
Tuesday, February 22, 2011
VAL D'OR, QUEBEC--(Marketwire - Feb. 22, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that it has acquired a new property in the White Gold district of Yukon by staking 31 claims (642ha) on the northwest side of Thistle Mountain approximately 100km south of Dawson City. The claims are adjacent to the south boundary of Kinross's White Gold property and occupy the height of land between Kirkman and Blueberry Creeks, both of which have active seasonal placer gold operations. No previous exploration work is documented within the area of the new claims. Hinterland now holds 100% of five properties in the White Gold area covering approximately 6,564 hectares. The TM property will be included in the assets to be spun out to Stakeholder Gold Corp. by a plan of arrangement described in a press release issued by Hinterland on February 1, 2011.
"The TM property is not very large compared to most properties in the White River district but it is well positioned and sometimes valuable things come in small packages," states Mark Fekete, P.Geo., President, CEO and the designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the technical content of this release.
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Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements; this includes the completion of the spin off. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, the inability of the Company to complete the spin off on the terms and conditions disclosed above, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
Shares Issued 80,439,904
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110222&archive=ccnm&slug=201102220675621001
otterman
12 years ago
CORRECTION FROM SOURCE: Hinterland Provides Details of Yukon Spin Off Into Stakeholder Gold Corp.
Tuesday, February 01, 2011
VAL D'OR, QUEBEC--(Marketwire - Feb. 1, 2011) - There was a typographical error in the first paragraph of the press release disseminated today, February 1, 2011 at 4:05 PM ET for Hinterland Metals Inc. (TSX VENTURE:HMI). The referenced release should be to the January 20, 2011 news release. The corrected release is as follows.
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES
Hinterland Metals Inc. (TSX VENTURE:HMI) wishes to provide, further to the January 20, 2011 news release, details of the intended spin off its Yukon gold assets by a plan of arrangement (the "Arrangement") that will involve the incorporation of a new company called Stakeholder Gold Corp. ("Stakeholder") and the distribution of Stakeholder shares pro rata to existing Hinterland shareholders. Included in the assets to be spun off are the Ballarat, Culvert, Erin, Divide and Coffee gold properties. Hinterland will retain 7.5 per cent of the Stakeholder shares and a 1.0 per cent net smelter return royalty on any future mineral production from certain of the transferred assets. The Arrangement will also involve a consolidation of Hinterland's share capital on a one for four basis. The net effect of the Arrangement will be that existing shareholders of Hinterland will receive one post-consolidation share of Hinterland and 0.925 shares of Stakeholder for each four pre-consolidation Hinterland shares held. Shareholders will then have an interest in two distinct, well structured public companies each with a clearly defined exploration focus.
The proposed transaction is subject to a number of conditions, including the execution of a definitive agreement between Hinterland and Stakeholder for the transfer of the Yukon gold assets, shareholder approval at a special meeting of Hinterland shareholders, Court approval of the Arrangement, and regulatory approval.
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 technical content of this release.
The offered securities will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or applicable state securities laws, and may not be offered or sold in the United States or to "U.S. persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements.
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Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements; this includes the completion of the spin off. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, the inability of the Company to complete the spin off on the terms and conditions disclosed above, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
Shares Issued 80,272,538
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110201&archive=ccnm&slug=201102010670584002
otterman
12 years ago
Hinterland Provides Details of Yukon Spin Off Into Stakeholder Gold Corp.
Tuesday, February 01, 2011
VAL D'OR, QUEBEC--(Marketwire - Feb. 1, 2011) -
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES
Hinterland Metals Inc. (TSX VENTURE:HMI) wishes to provide, further to the January 20, 2010 news release, details of the intended spin off its Yukon gold assets by a plan of arrangement (the "Arrangement") that will involve the incorporation of a new company called Stakeholder Gold Corp. ("Stakeholder") and the distribution of Stakeholder shares pro rata to existing Hinterland shareholders. Included in the assets to be spun off are the Ballarat, Culvert, Erin, Divide and Coffee gold properties. Hinterland will retain 7.5 per cent of the Stakeholder shares and a 1.0 per cent net smelter return royalty on any future mineral production from certain of the transferred assets. The Arrangement will also involve a consolidation of Hinterland's share capital on a one for four basis. The net effect of the Arrangement will be that existing shareholders of Hinterland will receive one post-consolidation share of Hinterland and 0.925 shares of Stakeholder for each four pre-consolidation Hinterland shares held. Shareholders will then have an interest in two distinct, well structured public companies each with a clearly defined exploration focus.
The proposed transaction is subject to a number of conditions, including the execution of a definitive agreement between Hinterland and Stakeholder for the transfer of the Yukon gold assets, shareholder approval at a special meeting of Hinterland shareholders, Court approval of the Arrangement, and regulatory approval.
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 technical content of this release.
The offered securities will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or applicable state securities laws, and may not be offered or sold in the United States or to "U.S. persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements.
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Flickr: http://www.flickr.com/photos/hinterlandmetals/
Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements; this includes the completion of the spin off. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, the inability of the Company to complete the spin off on the terms and conditions disclosed above, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
Shares Issued 80,272,538
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110201&archive=ccnm&slug=201102010670584001
otterman
12 years ago
Hinterland To Spin Off Yukon Gold Assets Into New Public Company
Thursday, January 20, 2011
VAL D'OR, QUEBEC--(Marketwire - Jan. 20, 2011) -
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO U.S NEWS WIRE SERVICES
Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that it intends to spin off its Yukon gold assets by a plan of arrangement (the "Arrangement") that will involve the incorporation of a new company ("Newco") and the distribution of Newco shares pro rata to existing Hinterland shareholders. Included in the assets to be spun off are the Ballarat, Culvert, Erin, Divide and Coffee gold properties. It is expected that Hinterland will retain a certain number of Newco shares and a net smelter return royalty on any future mineral production from the transferred assets. The Arrangement will also involve a consolidation of Hinterland's share capital on a ratio to be determined. The proposed transaction is subject to a number of conditions, including the execution of a definitive agreement between Hinterland and Newco for the transfer of the Yukon gold assets, shareholder approval at a special meeting of shareholders, Court approval of the Arrangement, and regulatory approval.
Hinterland has mandated its legal counsel, Miller Thomson LLP, to prepare the necessary documents to complete the transaction including an Information Circular that will provide, among other things, a detailed summary of the Arrangement and information on Newco and its business. The consolidation ratio of Hinterland shares, the number Newco shares to be distributed to Hinterland shareholders and other details of the proposed transaction have yet to be determined and will be announced by Hinterland as soon as possible.
Hinterland has engaged Greg Davison, P.Geo to prepare an independent qualifying report on the Ballarat property in accordance with National Instrument 43-101 standards. Mr. Davison has also agreed to consult on a continuing basis, providing continuity to Newco's subsequent exploration efforts in Yukon. Mr. Davison brings more than 35 years of experience in exploration and project management to Newco and in particular has unique experience in Yukon, Nunavut and Greenland with respect to land use permitting and First Nations relations.
Hinterland and its professional advisers are working to facilitate an efficient execution of the proposed transaction. The spin off of the Yukon gold assets into a new company is an effort by Hinterland to realize the true value of these assets and Hinterland's remaining assets in Quebec and Ontario by providing a specific geographic focus for Newco and Hinterland respectively. By unlocking the value of these disparate assets, Hinterland endeavors to grow existing shareholder value and attract new investment at both the retail and institutional level.
In Yukon, Newco will be primarily focused on the 200-claim (4140ha) Ballarat property located approximately 100km due south of Dawson City in the White Gold district of Yukon and located approximately 15km south of Kinross's White Gold deposit. Work done to date on Ballarat has identified two very strong, deep auger-type gold-in-soil anomalies, each trending east-west for a minimum distance of 1000m on the property (Hinterland News Release - October 28, 2010). The southern anomaly is the best defined with maximum values up to 796ppb Au. The northern anomaly has numerous high values up to 188ppb Au.
In Quebec Hinterland will be primarily focused on the 306-claim (17,826ha) Kipawa rare earth element ("REE") property located 140km south of Rouyn-Noranda, Quebec and 90km north-east of North Bay, Ontario. The Kipawa area has long been known for its REE-zircon-yttrium potential. The Kipawa property is situated approximately 30km due west of the Zeus REE-zircon-yttrium deposit held by Matamec Explorations Inc. In 2010 Hinterland identified significant REE-in-soil anomalies on its Atwater and Lachine claim blocks (Hinterland News Release - April 20, 2010). On Atwater three linear anomalies were detected with combined REE values up to 1091ppm. On Lachine one strong, circular anomaly was detected with combined REE values up to 1835ppm as well as five other spot anomalies.
"For the last 18 months we have found that Hinterland's shareholder base is strongly divided between those interested in the White Gold area properties in Yukon or those interested in the REE properties in Quebec. This reorganization of assets will remove the confusion by giving Hinterland shareholders a stake in two distinct, well structured companies each with a clearly defined exploration focus" comments Mark Fekete, P.Geo: President, CEO and designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the technical content of this release. Mr. Fekete will discuss the proposed spin-off in a taped interview that will be available to Hinterland's website early next week.
The offered securities will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or applicable state securities laws, and may not be offered or sold in the United States or to "U.S. persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements.
Follow Hinterland on:
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Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements; this includes the completion of the spin off. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, the inability of the Company to complete the spin off on the terms and conditions disclosed above, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
Shares Issued 79,322,538
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free: 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110120&archive=ccnm&slug=201101200668079001
otterman
12 years ago
Hinterland Acquires 166 Additional REE Claims in Kipawa Area of Quebec
Tuesday, January 11, 2011
VAL D'OR, QUEBEC--(Marketwire - Jan. 11, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that it has doubled the size of its Kipawa REE property to 306 claims (17,826ha) by the acquisition of 166 new claims. The Kipawa area, located 140km south of Rouyn-Noranda, Quebec and 90km north-east of North Bay, Ontario, has long been known for its REE-zircon-yttrium potential generally related to the Kipawa Syenite Complex ("KSC"). The KSC occurs as a 100 to 300m thick, sheet-like body which can be traced around an arc-like structure for almost 100km.
During a preliminary data compilation of the Kipawa area in 2009 it was noted that four areas with anomalously high yttrium values in stream sediments were open to staking. Hinterland immediately acquired these areas by map designation as the Atwater, Jean-Talon, Maisonneuve and Lachine claim blocks. Later in 2009 Hinterland completed preliminary soil sampling surveys and identified significant REE responses on the Atwater and Lachine blocks. On Atwater three linear anomalies were detected with combined REE values up to 1091ppm. On Lachine one strong, circular anomaly was detected with combined REE values up to 1835ppm as well as five other spot anomalies (Hinterland News Release - April 20, 2010).
Later in 2010 a more detailed data compilation was completed and several areas open to staking were identified with anomalously high, coincident samarium, europium, and cerium values in stream sediments. These new areas, which generally lie between the Atwater and Lachine claim blocks, were consequently staked by Hinterland.
The present Kipawa property is situated approximately 30km due west of the Zeus REE-zircon-yttrium deposit held by Matamec Explorations Inc. In June 2010 Matamec announced that an independent resource estimation has defined an indicated resource of 3.35 million tonnes at a grade of 0.58% total rare earth oxides ("TREO") with 0.89% zirconium and an inferred resource of 6.48 million tonnes at a grade of 0.60% TREO with 0.99% zirconium (Matamec News Release - June 3, 2010).
"It is quite clear that the claims staked by Hinterland in Kipawa area have not been looked at for REE mineralization before. The regional stream sediment data and the target generation work that we have done to date definitely point to good REE potential on the claims," comments Mark Fekete, President.
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 technical content of this release.
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This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 79,009,223
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110111&archive=ccnm&slug=201101110665554001
otterman
12 years ago
Hinterland Grants 3.3-Million Incentive Stock Options
Friday, January 07, 2011
VAL D'OR, QUEBEC--(Marketwire - Jan. 7, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) announces that it has granted 3,300,000 incentive stock options (the "Options') to certain officers, directors and consultants. The Options were granted under the stock option plan (the "Plan") that was approved at the last Annual General Meeting held on June 3, 2010 and accepted by the TSX Venture Exchange on July 13, 2010. The Plan is a "rolling" plan whereby a maximum of 10% of the issued shares at the time of the grant are reserved for issuance under the Plan. The Options are exercisable at a price of $0.16 per share until January 7, 2016.
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This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 79,009,223
FOR FURTHER INFORMATION PLEASE CONTACT:
Mark Fekete
Hinterland Metals Inc.
Toll Free 1-877-874-8182 Ext. 210
info@hinterlandmetals.com
www.hinterlandmetals.com
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.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110107&archive=ccnm&slug=201101070664850001
otterman
16 years ago
Woohoo, up over 100% today on news.
Hinterland Applies for Potash Deposits in Cape Breton, Nova Scotia
08:49 EDT Wednesday, June 18, 2008
VAL D'OR, QUEBEC--(Marketwire - June 18, 2008) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to report that it has submitted an application for a 17,783ha special exploration license for salt and potash in the Malagawatch area of Cape Breton, Nova Scotia. The special license is underlain primarily by rocks belonging to the Windsor Group. Potash salts are currently being mined from the lower Winsor Group near Sussex, New Brunswick by Potash Corp. Previous exploration has identified the Malagawatch and Orangedale salt deposits within the area of the special license. Descriptions of these two deposits can be found in the Targeted Geoscience Initiative, a joint venture between Nova Scotia Natural Resources and Natural Resources Canada, by clicking on the following links:
http://gov.ns.ca/NATR/meb/tgi/giles/malagawa/MALAGAWA.htm
http://www.gov.ns.ca/NATR/meb/tgi/giles/odale/odale.htm
The Malagawatch deposit is the more important of the two for potash and was discovered in an oil well drilled by Chevron Standard Ltd. and Irving Oil Company Ltd. in 1978. Ten deep wells and numerous diamond drill holes roughly define the deposit. Potash occurs at two distinct stratified layers. The "A" potash layer occurs up to 9m thick within a thick salt succession that completes the first major cycle of sedimentation within the lower Windsor Group. The thinner "B" potash layer occurs higher up within the middle Windsor Group. Although only limited drilling has been completed at the Orangedale deposit, it is stratigraphically similar to Malagawatch located 20km to the southeast. Both the "A" and "B" potash layers have been intersected at Orangedale but they are not as wide or as consistent as at Malagawatch.
Special exploration licenses are granted in Nova Scotia according to ministerial discretion. Once the license is granted it is valid for one year from the date it is issued, and may be renewed for four additional years. Applications must be submitted with a five year work proposal. Hinterland's proposal includes detailed compilation and 3-D modeling of previous drill hole data followed by confirmation drilling in the first year.
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 messages 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 in order to receive all future press releases and updates in real time.
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.
Shares Issued 47,143,001
FOR FURTHER INFORMATION PLEASE CONTACT:
Hinterland Metals Inc.
Mark Fekete
President
Toll Free 1-877-874-8182
Email: info@hinterlandmetals.com
Website: www.hinterlandmetals.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
© Marketwire
AngieM
16 years ago
Hinterland stakes entire Utik Lake Greenstone Belt, Manitoba
Tuesday November 27, 9:00 am ET
Shares Issued 43,502,201
VAL-D'OR, QC, Nov. 27 /CNW/ - Hinterland Metals Inc. (TSXV:HMI) is pleased to announce that it has acquired three mineral exploration licenses approximately 90km southeast of Thompson, Manitoba that together cover 22,940 hectares. The new property includes the entire area of the Utik Lake Greenstone Belt that was recently mapped by the Manitoba Geological Survey (Bohm and Kremer, 2007).
The greenstone belt at Utik Lake forms an east- to northeast-trending, steeply dipping succession of mafic metavolcanic and related intrusive rocks interlayered with metsedimentary sequences including iron formations, mudstones and mafic volcanic derived conglomerates. This succession is overlain by younger sequence of sedimentary rocks including polymictic conglomerates, turbidites, greywackes and sandstones. The Utik Lake supracrustal rocks are bounded by and intruded by younger felsic plutonic rocks.
The main economic potential of the Utik Lake area is for stratiform-type and orogenic (shear related) gold. Recently presented assay results by the Manitoba Geological Survey included gold values up to 8.5 g/t from samples of sulphide-bearing chert in banded iron formations that have been mapped up to several metres wide over continuous strike lengths of a few kilometres. The Utik Lake supracrustal rocks are locally well sheared by major northwest-trending dextral shears that give rise to extensional (dilational) structures that are very favourable for gold deposition. The belt also has minor potential for paleoplacer gold mineralization and Volcanic-associated Massive Sulphide (VMS) copper-zinc deposits.
Stratiform-type gold deposits are significant in Canada. The Lupin mine in Nunavut produced 3.1M ounces of gold at an average grade of 9.3 g/t gold (NRCAN Website - http://www.nrcan.gc.ca/ms/cmy/2005revu/gol_e.htm). The Musselwhite mine in Northwestern Ontario has produced over 1.7M ounces and continues to produce an average of 150,000 ounces per year from current reserves of 1.2M ounces (Goldcorp Website - http://www.goldcorp.com/operations/musselwhite/).
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(at)agoracom.com where they can also request to be added to the investor e-mail list in order to receive all future press releases and updates in real time.
EricVan
17 years ago
News out! I think it's a bottom here..
Hinterland Summer 2007 Exploration Update
Tuesday September 4, 3:57 pm ET
Shares Issued 42,677,201
TORONTO, Sept. 4 /CNW/ - Hinterland Metals Inc. (TSXV: HMI) has been active on several exploration projects throughout the summer and wishes to provide investors with an update on its activities. The mineral exploration industry is currently challenged by a shortage of available line-cutting, geophysical and drilling contractors and persistent delays at all commercial assay laboratories. Despite this, Hinterland continues to apply a hands-on, disciplined approach to its projects with the ultimate goal of building share value and liquidity through discovery. Also Hinterland has recently received numerous inquires concerning its Otish Mountain and Nunavut uranium holdings. The Company intends to farm-out these uranium interests in the short term.
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A gold-bearing zone was intersected in 4 of 5 holes drilled on the Lockout gold project located 90km due east of Quevillon, Quebec. The best intersection obtained from within the zone was 1.0 g/t over 2.4m. However anomalous gold values were obtained over widths of 13m and management believes that further drilling will lead to more significant gold mineralization. Detailed surface geophysical surveys are planned in order to delineate additional drill holes.
Work is also moving ahead on the Plateau PGE project located 35km southeast of Matagami, Quebec. Exploration is focused on the Ebay property where Hinterland intersected significant PGE mineralization in two previous drill campaigns. Due to the poor condition of the Ebay grid, it was necessary re-cut the grid to allow for the completion of soil geochemical and induced induced-polarization surveys that were started in May. Hinterland expects to resume drilling by mid-October after pending surface surveys are properly compiled.
Exploration on the Hearne uranium project, situated 120km west of Churchill in Northern Manitoba, consisted of surface prospecting and sampling along the 11km strike length of known uranium mineralization. The results of this work are pending as well as a high sensitivity, helicopter-borne survey covering an area of approximately 100 square kilometers.
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(at)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.
EricVan
17 years ago
Hinterland starts Hearne Uranium Exploration Program
Wednesday August 1, 9:30 am ET
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(at)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.
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