Birch Hill Gold Corp. FNTRF

NEWS

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Foundation Resources and Alto Ventures Drill 10 g/t Gold; Expand Main and East Zones at the East Coldstream Deposit, Northwestern Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 20, 2011) - Foundation Resources Inc. (TSX VENTURE:FDN) -

Key Point Summary:

-- The Main and East zones of the East Coldstream Deposit are expanded by 180 and 120 metres, respectively and these drill results will be included in the upcoming NI 43-101 resource estimate.-- 10.0 g/t gold over 4.0 metres within 13.0 metre-wide zone averaging 3.49 g/t gold - Main Zone-- 5.16 g/t gold over 2.0 m and 1.14 g/t gold over 10.0 within 56.0 metre- wide zone averaging 0.50 g/t gold - Main Zone-- 4.7 g/t gold over 2.0 m and 2.03 g/t gold over 2.0 m within 44.0 metre- wide zone averaging 0.53 g/t gold - Main Zone-- 1.29 g/t gold over 13.05 m and 1.12 g/t gold over 12.0 m within 42.55 metre-wide zone averaging 0.93 g/t gold - East Zone