VAL D'OR, QUEBEC--(Marketwire - Oct. 28, 2009) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that notable gold values were intersected in all seven holes recently drilled on the Lockout gold project. The property is located 100km due east of Quevillon, Quebec and is situated in the Barry-Urban Greenstone Belt 4km west of Eagle Hill's Windfall project and 8km north of Metanor's Barry open pit gold mine. The drilling tested geophysical targets and followed up positive drill results obtained by Hinterland in 2007. Gold mineralization is found along the upper and lower contacts of a graphitic unit within mafic volcanic rocks and appears to be related to porphyry dykes injected next to the contacts.
Highlights of the drilling include gold intersections up to 5.2g/t Au over 2.0m included in a zone of 1.7g/t Au over 7.0m. Intersections vary from 6.2 to 12.9m in width and from 0.6 to 1.7g/t Au in grade. The most important outcome of the drill program is that it shows on-strike continuity of the gold-bearing structure up to one kilometre long. The "Panache" gold zone remains open in all directions. The drill results are listed as follows:
Hole Grid mE Grid mN Elev. m Azi. Dip From m Int. m Au g/t
degrees degrees
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LK09-06 1500 1250 397 330 -55 64.8 12.9 0.6
Incl. 70.2 0.9 4.2
LK09-07 1300 1350 394 150 -50 117.0 2.4 1.9
LK09-08 1200 1250 398 330 -50 67.1 10.7 0.7
Incl. 68.0 1.3 1.5
Incl. 75.3 1.5 1.5
LK09-09 1200 1175 392 330 -50 143.2 6.2 1.1
LK09-10 1100 1238 392 330 -70 31.8 8.5 1.1
& 52.6 5.9 1.3
Incl. 55.6 2.9 2.1
LK09-11 1000 1175 396 330 -50 42.5 7.0 1.7
Incl. 44.5 2.0 5.2
& 50.5 4.3 0.8
Incl. 53.5 1.3 2.1
LK09-12 2000 1275 400 330 -50 77.3 8.4 0.6
Incl. 80.7 3.0 1.2
The analytical results referred to in this release were determined at Bourlamaque Assay Laboratories ("Bourlamaque") in Val d'Or, Quebec by fire assay, atomic absorption technique for gold. Bourlamaque 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.
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 61,659,233
FOR FURTHER INFORMATION PLEASE CONTACT:
Hinterland Metals Inc. Rock Ouellette Toll Free 1-877-874-8182 x250 rock@hinterlandmetals.com www.hinterlandmetals.com
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.
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