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 announces exploration program for Silver Tip property
Hi Ho Silver Resources ("Hi Ho" or the "Company") detailed its upcoming 2008 exploration program at the Silver Tip Project, located in south-eastern British Columbia, Canada.
The field portion of the 2008 program is scheduled to commence during the first week of July and will follow up results received from previous exploration programs conducted on the property. The program has been designed to follow up mineral showings identified from previous work, define additional showings and systematically explore recently acquired claims.
The upcoming 2008 program will consist of soil and rock sampling, geological mapping, trenching, opening up old workings, access road/trail construction, metallurgical work, prospecting, shallow drilling with portable drills and bulk sampling. The program will be supervised by James Thom, M.Sc., who brings a wealth of advanced geological expertise to the project. All other required field personnel and services have been secured. The Silver Tip Property covers 2,600 hectares (26km2).
There are no underlying royalties, agreements or further consideration due with respect to the Property.
Fred Fisher, President and CEO of the Company, said, "Historically the property is under explored, and utilizing modern systematic exploration techniques to confirm and prove mineralized showings, we will be in a position to advance the Property towards defining a mineable resource." The technical information contained in this news release has been verified by Duncan Bain, P.Geo., a Canadian geologist who is a qualified person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Properties." We were also extremely pleased to recently acquire the adjacent Silver Patch Property as it covers a gold extension that was discovered last fall and which will be a focus of exploration this summer."
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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01/02/08 Hi Ho Silver Completes Airborne Geophysical Survey at Tasco
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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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