Oct 6 2010
Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce that it has staked an additional 106 claims adjacent to its Ballarat gold property located approximately 100km due south of Dawson City in the White Gold District of Yukon. Included in this staking are several key fractional claims located at the northwest corner of the property.
Hinterland has effectively doubled the size of Ballarat to 200 claims enclosing an approximate area of 4140 hectares. Ballarat covers the southeastern slopes of Thistle Mountain. Historical cumulative placer gold production from creeks draining Thistle Mountain including Ballarat, Thistle, Kirkman, Sparkling and Barker is reported to be 104,604 ounces in the period 1913 to 2006 (Compiled from Yukon Placer Mining Industry volumes published by Indian and Northern Affairs Canada).
Hinterland has also staked two new properties in the White Gold Area. The 38 (787ha) "Divide" claims cover a ridge that divides Thistle and Barker creeks approximately 7km north of Ballarat. Both creeks currently have active placer mines in operation and have seen significant past production of placer gold. The 38 (787ha) "Erin" claims are located just north of the Stewart River approximately 10km northeast of the Golden Saddle deposit held by Kinross. Hinterland also holds 10 claims (207ha) located on Coffee Creek. These are enclosed by Kaminak's Coffee property and are located approximately 5km east of Kaminak's new Supremo discovery.
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.
Source: Hinterland Metals Inc.