Agoracom

3045 SOUTHCREEK RD. UNIT 11 MISSISSAUGA, ON L4X 2E9
TEL: 905.602.4653 FAX: 905.602.4656 INFO@HHSR.CA WWW.HHSR.CA
April 3, 2008 Symbol: HIHO.CNQ
Frankfurt Exchange: H9T
NEWS RELEASE
HI HO SILVER ACQUIRES KEY STRATEGIC CLAIMS ADJOINING IT’S 100% OWNED SILVER TIP
PROJECT, KASLO, BC
Hi Ho Silver Resources Inc. (“Hi Ho” or the “Company”) is pleased to announce that size of its
Silver Tip Property (the “Property”) has been significantly expanded by the acquisition of a 100%
interest in the Silver Patch group of mineral claims which adjoin the Property. As a result of this
acquisition, the size of the Property has more than doubled. The Property is located in the Kaslo
area of British Columbia within the northeast section of the historic Slocan Silver Camp where
more than 75,000,000 ounces of silver have been produced between 1892 and 1993.
Pursuant to an agreement dated April 1, 2008, Hi Ho is purchasing a 100% interest in eight
additional mineral claims (the “Silver Patch Group”) in consideration for a one-time cash payment
of $15,000 payable within 45 days of date of the purchase agreement.
Upon completion of the acquisition, the entire Property will be comprised of 17 mineral claims
covering a total surface area of approximately 2,600ha (26km2) with no underlying royalties,
agreements or further consideration due.
The Silver Tip Property now hosts eight high-grade mineral showings, six of which have reported
past production. These showings have been developed by more than 1,850 feet (567m) of
underground workings.
The newly acquired Silver Patch group of claims cover the projected strike extension of the
Evening Star Zone, the past producing Boadicea Zone and completely surround the past
producing Utica Mine.
The Evening Star zone returned results (from the Company’s 2007 exploration program) of 10.7g/t
Au with 61.6g/t Ag, 16.24g/t Au with 133g/t Ag, 21.9g/t Au with >100g/t.
The BC Minfile reports that four adits totalling 115m in length are present at the Boadicea Zone
and that in 1937 eight (8) tonnes of ore was shipped to a mill and returned an average grade of 50
oz/t silver.
3045 SOUTHCREEK RD. UNIT 11 MISSISSAUGA, ON L4X 2E9
TEL: 905.602.4653 FAX: 905.602.4656 INFO@HHSR.CA WWW.HHSR.CA
The BC Minfile reports production from the Utica Mine between 1909 and 1983 yielded about
980,000 ounces of silver, 2,100,000 pounds of lead and 1,583,000 pounds of zinc from 21,823
tonnes mined.
“Fred Fisher President & CEO of Hi Ho Silver previously stated in a November 8, 2007 news
release that "we are consolidating and adding to our holdings in this prolific area based on the
results we received from our summer/ fall program, as well as the rich historic nature of the area.
These specific claims were acquired for their strategic nature as they appear to cover the
extension of the key known zones. With both silver and gold reaching historic levels we eagerly
await the 2008 exploration season”.
With the acquisition of these new key claim groups the Company continues along in its focus to
develop a large strategic land package in the area while keeping acquisition costs to a minimum.
The Company believes that based on the rich mining history within the area their remains a great
deal of unlocked potential that lies within the area.
Hi Ho Silver has been actively formulating it’s work program for the Silver Tip Project this season
which we will now incorporate with the new land acquisition and announce details over the next
several weeks.
Fred Fisher, President & CEO is also to be featured on CEO Clips airing April 7th to April 13th on
BNN TV.
CEO Clips, a series of 1-2 minute corporate profiles on Canadian companies, will feature Hi Ho
Silver Resources on BNN on those dates.
Business News Network (BNN) is Canada’s only all business specialty channel with real time
coverage of global market activity from a Canadian perspective. To view the interview online,
please visit www.b-tv.com/videos/BNNHIHO.wmv .
Hi Ho Silver also expects drill results from its pending eight hole program on its Carmi Moly Project
which it has an option to earn up to 70% interest in, which ended December 16, 2007 within the
next week and will announce them upon receipt.
For more information contact:
Fred Fisher, President/CEO and/or Isabel Alves, Investor Relations
Tel: (905) 602 4653
Email: info@hhsr.ca
Website at: www.hhsr.ca.
Signed,
HI HO SILVER RESOURCES INC.
“Fred Fisher”
Fred Fisher,
President & C.E.O.
Investors are invited to visit the Hi Ho Silver Resources IR Hub at http://www.agoracom.com/ir/hiho where
they can post questions and receive answers or review questions and answers already posted by other
investors. Alternatively, investors are able to e-mail all questions and correspondence to
hiho@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.
The CNQ Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the
accuracy of the contents of this document.
3045 SOUTHCREEK RD. UNIT 11 MISSISSAUGA, ON L4X 2E9
TEL: 905.602.4653 FAX: 905.602.4656 INFO@HHSR.CA WWW.HHSR.CA