*/
/*
*
STOCK INFORMATION
*
TSX Venture Symbol – MHI
*Frankfurt listing – N8Z*
*
52-week range $1.55 - $0.75*
I*ssued and Outstanding Share Capital as of April 23 07*
Common Shares: 12,163,694
Outstanding Warrants: 5,387,742
Outstanding Stock Options 1,226,400*
*Fully Diluted 18,777,836
Get a quick quote
CONTACT INFORMATION*
*600 - 625 Howe St
Vancouver BC
V6C 2T6
Investor Relations
*1-800-574-0901*
*/MHI.v - Mineral Hill Industries/*
*/MINERAL HILL / NASS VALLEY GATEWAY LTD. ENTERS INTO AN AOPTION
AGREEMENT TO EXPLORE COPPER-SILVER PROPERTY IN TERRACE, BC./*
*//*Mineral Hill Industries (TSX-V: MHI) which together with
Gitxat’in Development Corporation (“GDC”) of
Greenville B.C. are the controlling shareholders of Nass Valley
Gateway Ltd. (CNQ : NVGL), is pleased to announce that NVGL has
entered into an option agreement under which NVGL has the right to
earn up to 70% interest in mineral claims in the Terrace area of
British Columbia. This historic copper-filled property, formerly
known as the Lucky Jim Group or Alvija claims, has been worked
sporadically since 1905. During their 2005 field season, the BC
Geological survey conducted a regional mapping and sampling program
over this area and assay results showed 5.59% copper and 99 gms
silver sample taken over a 20 meter fracture zone.
Under this newly signed agreement, NVGL may acquire a 70% interest
by issuing the vendor 275,000 common shares in its capital, a cash
payment of $75,000 over three years, and by incurring cumulative
mineral expenditures of $1,000,000 over the three year period. This
transaction is subject to regulatory approval. This is referred to as
the “Kleanza Mountain Project”.
Under the terms of this agreement, NVGL will establish a wholly
owned subsidiary for the purpose of performing the exploration
program and further development of the Kleanza Mountain Project.
Phase one of the exploration program will consist of grid layout,
geological mapping, and a geophysical mapping and a ground
geophysical survey, expected to commence in June 2007.
/If you have any questions, please don't hesitate to contact Vantage
Communications/*/: 1-800-574-0901/*
//
*/Legal Disclaimer/*
*/
/*
*/Statements /*/included within this email that are not historical
in nature constitute *forward-looking statements. *Users of our email
are cautioned that any information on this contains certain such
forward-looking statements that involve substantial risks and
uncertainties. When used, the words "anticipate," "believe,"
"estimate," "expect," and similar expressions as they relate to any
company or its management are intended to identify such
forward-looking statements. Each company's actual results,
performance or achievements could differ materially from the results
expressed in, or implied by, these forward looking statements. /
/Further management discussion of risks and uncertainties can be
found in each company's quarterly filing with the SEDAR and other
periodic filings./
/Mineral Hill Industries Ltd. has taken all reasonable care in
producing and publishing information contained on this email, and
will endeavour to do so regularly. Material on this email may still
contain technical or other inaccuracies, omissions, or typographical
errors, for which Mineral Hill Industries Ltd. assumes no
responsibility. Mineral Hill Industries Ltd. does not warrant or make
any representations regarding the use, validity, accuracy,
completeness, or reliability of any claims, statements, or
information on this email. /
/
The information is not a substitute for independent professional
advice before making any investment decisions. Furthermore, you may
not modify or reproduce in any form, electronic or otherwise, any of
the information contained in this email, except for your own personal
use unless you have obtained our express permission. /
If you do not want to receive this email: Please reply to this email
with remove as the subject. Under Bill s.1618 Title III passed by the
105th U.S. Congress this mail cannot be considered Spam as long as we
include contact information and remove link for removal from our
mailing list.
--
If you do not want to receive any more newsletters,
http://www.vantageir.com/lists/?p=unsubscribe&uid=2186aaad2b2f6e151c22ab7ed0b865df
To update your preferences and to unsubscribe visit
http://www.vantageir.com/lists/?p=preferences&uid=2186aaad2b2f6e151c22ab7ed0b865df
--
Powered by PHPlist, www.phplist.com --
.
![]()