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Hinterland Metals Inc.

Publié le 15 juillet 2009

Hinterland Mobilizes Exploration Crew to Ballarat Property

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July 15, 2009
Hinterland Metals - Press Release


Hinterland Mobilizes Exploration Crew to Ballarat Property, White River Gold Play, Yukon


VAL D'OR, QUEBEC-(July 15, 2009) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that it has mobilized an exploration crew onto the Ballarat property located approximately 15km south of the Golden Saddle zone where Underworld Resources Inc. recently reported an outstanding gold discovery (UW: TSX-V Press Release May 26, 2009). Hinterland also reports that it has staked 14 additional claims bringing Ballarat up to 94 claims (1995ha) in size. The importance of Underworld's discovery cannot be overstated. The hole announced on May 26th is perhaps the most significant gold intercept ever reported in the White River region. This area lies within an underexplored part of the Tintina Gold Belt and is underlain by rocks of the Yukon-Tanana geologic terrane. These same rocks host the Pogo and Ft. Knox gold mines in the Fairbanks gold district some 400km to the northwest. Underworld's success relies heavily on the previous work, knowledge and experience of a local prospecting group. This group's method of intensive soil sampling followed up by prospecting and mechanical trenching has not only shown to be effective on the White Gold property but has also developed drill targets on Underworld's Black Fox property and Kaminak Gold Corp.'s Coffee, Cream and Kirkman properties.

Hinterland is following the same exploration strategy by partnering with a local prospector, acquiring a property where previous work has returned very prospective gold values and expanding the original property by staking. Ballarat also has a good road network that connects it to an airstrip 11km due south on the Yukon River where barges can deliver supplies and equipment. This makes Ballarat relatively economical to explore compared to other properties in the area held by competitors.

Over the next several weeks the exploration crew will complete an intensive soil geochemical survey in the northwestern third of the property. The goal of the work will be to better define and extend a 1.2km southeast-trending soil geochemical anomaly outlined in 1991 that showed maximum individual values of 811ppb (0.8g/t) Au (Yukon Geology AFR 092982). Quartz boulders in the same area were also reported to return values up to 32g/t Au (0.93opt). The soil survey data will be followed up by prospecting and trenching with the ultimate goal of generating drill targets. Contingent upon the results of the surface work, Hinterland expects to begin drilling as soon as September 15, 2009. Hinterland is currently seeking financing for this latter phase of exploration.

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 contents of this release. The analytical results stated above are historical in nature, have not been verified by Hinterland and are not considered reliable in the context of NI 43-101.

Investors are invited to view an audio slide presentation at http://www.agoracom.com/IR/Hinterland that discusses the Ballarat project in detail. It is expected that the presentation will be posted by July 21, 2009. Investors are also invited 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 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 51,285,401

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.

CONTACT INFORMATION:
Hinterland Metals Inc.
Mark Fekete
President
Toll Free: 1-877-874-8182
info@hinterlandmetals.com
http://www.hinterlandmetals.com

   
   
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Hinterland Metals Inc.

EXPLORATEUR
CODE : HMI.V
ISIN : CA4334732043
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Hinterland Metals est une société d’exploration minière d'or et de cobalt basée au Canada.

Hinterland Metals détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont KIPAWA & LULA REE, BALLARAT, LOCKOUT, EBAY PGE et TECK au Canada.

Hinterland Metals est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 6,3 millions CA$ (4,7 millions US$, 4,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 20 juin 2008 à 1,20 CA$, et son plus bas niveau récent le 15 mars 2019 à 0,01 CA$.

Hinterland Metals possède 42 270 000 actions en circulation.

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Financements de Hinterland Metals Inc.
29/09/2009Closes Final Tranche of $622,430 Private Placement
03/09/2009Closes Second Tranche of Private Placement for $300,000
28/08/2009Closes First Tranche of Private Placement for $150,930
29/07/2009Arranging $720,000 Private Placement
26/11/2008Extends Expiry Date of Share Purchase Warrants
03/01/2006$ 220,000 private placement closed
30/12/2005$ 110,000 private placement closed
Attributions d'options de Hinterland Metals Inc.
15/09/2007Grants 825,000 Incentive Stock Options
Nominations de Hinterland Metals Inc.
24/05/2007Appoints Vaughn MacLellan as Director
Projets de Hinterland Metals Inc.
12/07/2016Hinterland to earn interest in Troilus Lithium Property surr...
14/09/2012(Teck)Options Teck-Kirkland Property in Ontario to Opawica
16/09/2009(Lockout)Drilling Lockout Gold Project, Quebec
29/04/2008(Ebay Pge)Drills Up to 1.46g/t PGE at Ebay Property, Quebec
15/04/2008Drilling Intersects 13.8g/t Au & 4.1g/t Ag Over 1..7m at Ran...
09/04/2008(Ebay Pge)Finds More Platinum & Palladium at Ebay Property, Quebec
21/02/2008(Ebay Pge)Continues to Hit Platinum & Palladium at Ebay Property, Queb...
14/02/2008(Ebay Pge)Hits Platinum & Palladium at Ebay Property, Quebec
11/12/2007(Plateau (dot-com))Starts Drilling at Plateau PGE Project, Quebec
Communiqués de Presse de Hinterland Metals Inc.
11/07/2016Hinterland adds claims to the Brexit Lithium Property in the...
23/06/2016Hinterland acquires lithium claims in Mountain Lake Belt, Qu...
17/05/2016Hinterland updates Tak Property in Dawson Mining District of...
16/05/2016Hinterland 2016 AGM Results and Extension of Warrants
30/03/2016Hinterland grants 2,400,000 options to officers and director...
08/12/2014Hinterland Completes Electromagnetic Survey on Guyberry Gold...
03/12/2014Hinterland Acquires 100% Interest in Mozart Gold-VMS Propert...
09/09/2014Hinterland Updates Quebec Exploration Activity
03/09/2014Hinterland Samples Up to 8.12 Grams Per Tonne Gold on McInty...
23/06/2014Hinterland Correction to Final Tranche of Private Placements
17/06/2014Hinterland Appoints Mr. John Langton to Board of Directors
13/06/2014Hinterland Closes Final Tranche of Private Placements
09/06/2014Hinterland Receives $40,000 Grant Under the New Brunswick Ju...
03/06/2014Hinterland Annual and Special Meeting Results
27/05/2014Hinterland Closes First Tranche of Private Placements
01/05/2014Hinterland Acquires Williams Brook Gold Property in New Brun...
24/04/2014Hinterland Acquires McIntyre Gold Property in New Brunswick
15/04/2014Hinterland Acquires Sakami Gold Claims in Quebec
09/04/2014Hinterland Acquires Lac Surprise Claims in Quebec
28/06/2013Annual and Special Meeting Results
21/02/2013Completes Airborne Geophysical Survey Over Mozart Gold Prope...
20/06/2011and Stakeholder Gold Corp. Complete Spin-out of Yukon Assets
08/06/2011Spin-Out Arrangement With Stakeholder Gold Corp. Approved by...
17/05/2011Begins Exploration Work at Kipawa Rare Earth Project in West...
04/04/2011Executes Arrangement Agreement with Stakeholder Gold Corp.
22/02/2011Stakes TM Property in White Gold Area of Yukon
15/03/2010Yahoo! Interview with Mr. Mark Fekete
16/03/2010Acquires Lac Fecteau in Windfall Lake Area, Quebec
18/02/2010Company update
15/07/2009Hinterland Mobilizes Exploration Crew to Ballarat Property
08/07/2009Vend Two White Gold District, Yukon Properties to Silver Que...
26/06/2009Stakes Additional Claims in White River Gold Play, Yukon
23/06/2009Options 1661ha Ballarat Property in White River Gold Play, Y...
10/06/2009closes $175,000 Financing
10/04/2008Discovers 1.8m of 1.12% Copper and 0.36% Nickel at Ebay Prop...
04/02/2008Industry Bulletin
12/12/2007starts drilling at Raney Gold Project, Ontario
05/12/2007closes $476,880 Financing
27/11/2007Stakes Entire Utik Lake Greenstone Belt, Manitoba
20/11/2007arranges $600,000 Financing
13/11/2007Sells Otish Basin Interest to Kakanda for 500,000 Shares
06/11/2007 to drill recently acquired Raney Gold Property,Ontario
22/10/2007Outlines 11.5km Uranium Anomaly at Hearne
11/10/2007Discovers 7.5g/t Gold at Hearne Project, Manitoba
04/09/2007Summer 2007 Exploration Update
01/08/2007 starts Hearne Uranium Exploration Program
11/06/2007Hires Downshire Capital Inc
08/05/2007closes $75,000 Financing
26/04/2007and Kakanda OtishU JV Airborne Survey
05/04/2007Doubles size of Hearne Uranium Project near Churchill, Manit...
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