VAL-D'OR, QC, Feb. 14 - Hinterland Metals Inc. (TSXV:HMI) is pleased to report the first batch of assay results from a drill program that commenced in early December 2007 and is still underway on the Ebay property located 35km southeast of Matagami in the Abitibi region of Quebec. Prior to the current program Hinterland completed 14 drill holes on the Ebay property. The highlight of the previous drilling was the unprecedented discovery of 1.9g/t combined platinum and palladium (“PGE”) over 3.0m in hole EB06-05 (HMI Press Release November 21, 2006).
To date on the current program Hinterland has received assay results for holes EB07-15 to 18. Holes EB07-15, 16 and 18 did not return any significant assay results. However, Hole EB07-17 intersected 0.30g/t PGE over 11.0m from 43.6 to 54.6m.
The PGE-bearing zone in EB07-17 occurs within pyroxene-rich melagabbro immediately below the contact with banded leucogabbro. The platinum to palladium ratio is favourable at 2:3. The maximum assay found within the zone is 0.78g/t PGE. The zone also yields anomalous gold, copper and nickel values. Hinterland is presently drilling Hole EB08-34. Assay results are pending for holes EB07-19 to EB08-34 and they will be released in batches as they are received. Mark Fekete, President and CEO states: “We look forward to more encouraging results from the PGE system at Ebay as the drill program progresses.”
The analytical results stated in this press release were determined at Laboratoire Expert Inc. (“Expert”) in Rouyn-Noranda, Quebec by fire assay, DCP-MS technique. Expert is not accredited but it is independent of Hinterland, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Also, Hinterland inserts blanks, standards and duplicates according to an independently designed and monitored QAQC program. 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 preparation of this release.
Investors are invited to visit the Hinterland IR Hub at www.agoracom.com/IR/Hinterland where they can post questions and receive answers or review messages already posted by other investors. Alternatively, investors are able 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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This release contains forward-looking statements reflecting the Company’s objectives, estimates and expectations for its projects. These statements are identified by the use of verbs such as "estimate", "believe", "anticipate", "intend", "expect", "plan", "may", "should", "will", and the negative thereof or other variations thereon or comparable terminology. By their very nature, these types of statements involve risk and uncertainty. Consequently, results could differ materially from the Company’s projections or expectations.
For more information please contact:
Mark Fekete, President at Toll Free 1-877-874-8182
E-mail: info@hinterlandmetals.com
Website: www.hinterlandmetals.com
