HASTINGS RESOURCES CORP.
FOR IMMEDIATE RELEASE
Tuesday, May 6, 2008
(No. 2008-05-04)
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Drilling Program
Update � Swan Property, British
Columbia
Vancouver, B.C. � May 6, 2008 � Hastings Resources Corp. (TSX Venture:
HAS) (�Hastings� or the �Company�) is pleased to
announce that the Company has
completed the review process with regard to its proposed drilling program at
the Swan property, Atlin Mining Division, British Columbia. The project
supervisor, N.C. Aspinall, P.Eng., met with all interested parties in the
region and filed the necessary documentation and bonding with the appropriate
provincial government agencies. Approval to commence work was granted on May 2,
2008 and mobilization will commence immediately. It is anticipated that
drilling will commence on or about May 7. A program of 1000 meters of core
drilling in 5 holes is planned and a contract has been signed with Kluane
Drilling Ltd of Whitehorse, Yukon.
The Swan property is a porphyry-type,
molybdenum � tungsten prospect which was discovered in the early 1970�s and saw
limited, preliminary exploration at that time. Data from the early exploration
was integrated with recent geological mapping and extensive geochemical surveys
to select several prospective targets. The prospect is largely overburden
covered but sampling of mineralized sub-crop and extensive boulder fields has
averaged 0.09% Mo.
The 1970�s exploration did not recognize the presence of tungsten minerals
which appear to be a significant part of the mineralized system with values up
to 0.4% W having been returned from recent sampling. The purpose of the current
program is to test the porphyry system in a preliminary manner and based on the
results of this work, the Company will determine how best to proceed with its
further evaluation.
The Swan property is located roughly
equidistant from the Adanac Molybdenum Corporation�s Ruby Creek molybdenum
deposit, the Largo Resources� Logtung tungsten-molybdenum deposit and the
Columbia Yukon Explorations� Storie molybdenum deposit, all of which are at the
advanced definition drilling or feasibility stage.
The Company�s exploration programs are
supervised by James M. Dawson, P.Eng., a Consulting Geologist and a Qualified
Person as defined by National Instrument 43-101.�
Mr. Jim Dawson has supervised the
preparation of the scientific and technical information that forms the basis of
this news release.
ON
BEHALF OF THE BOARD OF DIRECTORS
HASTINGS RESOURCES CORP.
�PEEYUSH VARSHNEY�
PEEYUSH
VARSHNEY
DIRECTOR
 
