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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (18047)7/6/2016 8:49:18 AM
From: Goose94Read Replies (1) of 202401
 
Highway 50 Gold (HWY-V) July 5, '16 is pleased to announce the commencement of drilling at the Monroe project located in southeastern British Columbia. Monroe is a "Sullivan type" lead/zinc base metal exploration target located on the southern extension of the Sullivan Mine Corridor. Geologic similarities to the Sullivan Mine are numerous including the structural, lithological and alteration features.

The Phase 1 drill campaign consists of two drill holes totalling 1,400 m of drilling. The holes are targeted to test the Sullivan Mine stratigraphy within a prospective third order basin which has coincident gravity and electromagnetic geophysical anomalies. A complete review of all drilling in the area since 1993 has outlined a third order basin that has not been previously tested by drilling.

The Company has an option to earn a 50% interest in the Monroe project by spending an initial $100,000 in exploration expenditures in the first year, followed by additional annual optional exploration expenditures totalling $2.9 million over the next four years.

This news release has been reviewed by Gordon P. Leask, P.Eng., President and CEO of the Company, and a Qualified Person ("QP") as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

For additional information:
Gordon P. Leask, P.Eng. or John M. Leask, P.Eng.
Tel: 604.681.4462
Email: gord@highway50gold.com or jml@highway50gold.com

About Highway 50 Gold Corp.

Highway 50 Gold Corp. is a mineral exploration stage company led by a team of experienced explorers and deal-makers. The Company is executing an exploration plan refined over 25 years of experience in Nevada. The exploration focus on its projects are a result of what management believes to be proprietary breakthroughs in the understanding of north-central Nevada's crustal architecture.
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