*HIHO* News out..great time to buy...IMO
The trend has reversed....News released this morning..Moly is hot ;)
HI HO NEWS---TASCO EXPLORATION BEGINS
NEWS RELEASE
HI HO SILVER ANNOUNCES - TASCO EXPLORATION TO BEGIN
Fred Fisher, President/CEO of Hi Ho Silver Resources Inc. (“Hi Ho” or the “Company”) is pleased to announce that the
2007 exploration program on its Tasco property will commence mid June with a 700 line kilometre airborne magnetic
and electromagnetic survey.
The TASCO property is located 150 kilometres southwest of Williams Lake, B.C. In 1981 five core holes totaling 3,205
feet were completed, (Assessment Report # 10455) in a widespread gossan zone centered on an oval shaped stock of
quartz feldspar porphyry, measuring 300 metres (E.W.) by 600 metres (N.S.). All holes returned values in Copper and
Molybdenum. The best hole was hole 81-2 that intersected an impressive 947 feet grading 0.28% copper and 0.023%
molybdenum. Molybdenum increased to the bottom of the hole with the last 109 feet grading an impressive 0.079%
Mo.
Further work resulted in the discovery of additional mineralization at surface including an 800 metre long by 350 metre
wide molybdenum - tungsten - gold in soil anomaly located 500 metres west of the gossan zone. A number of
excellent drill targets have been identified on what appears to be a faulted annular porphyry copper - molybdenum ore
shell.
Follow up ground work, including diamond drilling, will commence later in the summer upon receipt of Geophysical
results. The Company plans to twin hole 81-2 in order to confirm grades and widths of mineralization.
The Company also announces that drilling at Carmi will resume in late June.
The technical information contained in this news release has been reviewed by Paul Reynolds, P. Geo. who is a
qualified person as defined in “National Instrument 43-101, Standards of Disclosure for Mineral Properties.”
The Company also has granted Incentive Stock Options of a total of 500,000 shares of the Company’s capital stock,
exercisable up to two (2) years at an exercise price of $1.22 per share, to certain of it directors, employees and
consultant.
For more information contact Fred Fisher, president and/or Isabel Alves, Director/Investor Relations at Tel: (905) 602
4653 and Email: info@hhsr.ca or visit the Company’s Website at: www.hhsr.ca.
Signed,
HI HO SILVER RESOURCES INC.
“Fred Fisher”
Fred Fisher,
President & C.E.O.
