Hi Ho Silver
Hi Ho Silver Resources is an early-stage exploration and development company, focused on the acquisition of properties containing molybdenum and, to a lesser extent, copper and gold assets. The Company’s primary property, the Kettle River Project (“Carmi” property), was acquired in 2005 through a farm-in agreement with St. Elias Mines Ltd. Hi Ho Silver has an option to acquire up to a 70% interest in the property, which is located in the Okanagan Highlands of south-central British Columbia, about 45 kilometres south-southeast of Kelowna, near the Carmi settlement.
Hi Ho Silver Completes Airborne Geophysical Survey at Tasco
Hi Ho Silver Resources (CNQ:HIHO) reported that it had completed a 697 line kilometre airborne magnetic and electromagnetic survey at the TASCO Property located in the Taseko Lakes area of central British Columbia, Canada.
The 6,423 hectare TASCO property is located near the eastern limit of the Coast Plutonic Complex and has a partially defined copper-molybdenum mineralized porphyry system at its core.
In 1981 five core holes totaling 977 metres (3,205 feet) were completed in a widespread gossan zone centered on an oval shaped stock of quartz feldspar porphyry measuring 300 metres (E - W) by 600 metres (N - S). All holes returned values in Copper and Molybdenum. The best hole was hole 81-2 that intersected an impressive 289 metres (947 feet) grading 0.28% copper and 0.023% molybdenum. Molybdenum content increased to the bottom of the hole with the last 33 metres grading 0.079% Mo.
The Company also reported that it had completed a third round of drilling at the Carmi project during the period November to December 2007. Results from this program which includes several holes in the Lake zone are pending.
Other Hi Ho Silver articles
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23/07/08 Hi Ho agrees to acquire 100% interest in Carmi property
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03/04/08 Hi Ho Silver acquires Silver Patch Property
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18/02/08 Hi Ho Silver Announces Financing Agreement with Mineral Fields Group
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15/01/08 Hi Ho Silver drills 77.72 m of 0.166% MoS2 at Carmi
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12/12/07 Hi Ho Silver: a lot more than a silver play
Other Hi Ho Silver news
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02/09/08 Hi Ho Silver aqcuires extensive claim holdings at Silver Tip project
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02/09/08 Hi Ho updates on exploration program at Silver Tip project
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12/08/08 Hi Ho Silver releases preliminary resource estimate for Carmi project
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25/04/08 Hi Ho announces exploration program for Silver Tip property
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14/12/07 Hi Ho Silver Resources Completes Four Drill Holes in Lake Zone at Carmi Project
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