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Austin Resources Ltd V.AUT


Primary Symbol: V.AUT.H

Austin Resources Ltd. is a Canada-based mineral exploration and development company. The Company holds no mineral properties. It has a 1% net smelter royalty in the mineral exploration properties in Chile held by Minera Azul Ventures Limitada, the Company's Chilean subsidiary. The Company has no profitable operations.


TSXV:AUT.H - Post by User

Post by goldmembon Jun 23, 2016 10:27am
94 Views
Post# 24990818

hmi.vn! more news!

hmi.vn! more news!

 

Hinterland Metals adds 71 claims to Brexit property

 

2016-06-23 10:01 ET - News Release

 

Mr. Mark Fekete reports

HINTERLAND ADDS CLAIMS TO THE BREXIT LITHIUM PROPERTY IN THE MOUNTAIN LAKE BELT, QUEBEC

Hinterland Metals Inc. has increased the size of its Brexit lithium property to 111 claims (5,938 hectares) by staking an additional 71 mineral claims. The Brexit lithium property is located in the James Bay region of Quebec, approximately 40 kilometres southeast of the village of Nemaska, which is linked to Chibougamau, 300 kilometres to the south, by an all-season gravel road. Other infrastructure in the area includes numerous gravel roads, an airport, and high-voltage hydroelectric transmission lines and substations, all maintained by Hydro Quebec.

The Brexit lithium property covers an 18-kilometre length of the south margin of the volcano-sedimentary Mountain Lake belt and is roughly 15 kilometres southeast of Nemaska Lithium Inc.'s Whabouchi hard rock lithium project, which contains measured plus indicated resources of 27,991,000 tonnes of 1.57 per cent lithium oxide (Nemaska press release dated Jan. 15, 2014). Nemaska recently released a positive feasibility study that includes the construction of a mine and concentrator at Whabouchi, and a hydrometallurgical plant in Shawinigan, Que. (Nemaska press release dated June 9, 2016).

Mark Fekete, PGeo, is the designated qualified person as defined in Section 1.2 in and for the purposes of National Instrument 43-101 who has reviewed and approved the technical content of this release.

We seek Safe Harbor.


Read more at https://www.stockhouse.com/companies/bullboard/v.hmi/hinterland-metals-inc#vSHHLiWo1e0OAbeq.99

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