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Capital Hill Reports First Round Success.


DENVER -- Capital Hill Gold, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CHGI) reports that its previously announced partner consortium, which is currently bidding on blocks in the Nigerian 2005 Bid Round for onshore and offshore oil concessions, has successfully passed the first round in the award process in a potential 300 million barrel acquisition for petroleum and natural gas. The company has learned that the partner consortium has been deemed technically qualified, and will now enter into the commercial bidding phase before the Nigerian oil commission officials. This presentation is expected to occur within the next four to six week period.

Capital Hill's President, Dan Enright Daniel Enright (August 30, 1917 - May 22, 1992) was one of the most successful game show producers in American television. Enright worked with Jack Barry from the 1940s until Barry's death in 1984. They were partners in creating programs for radio and television.  states, "Crossing this milestone in the 2005 Nigerian Bid Round is a significant step for our company in the award process."

Capital Hill's Nigerian partner is Oil and Industrial Services Ltd, http://OIS-International.com . The OIS Noun 1. OIS - agency that oversees the intelligence relationships of the Treasury's offices and bureaus and provides a link between the Intelligence Community and officials responsible for international economic policy
Office of Intelligence Support
 group employs around 400 personnel and are proud to include major companies such as Chevron (NYSE NYSE

See: New York Stock Exchange
:CVX CVX ChevronTexaco (stock symbol)
CVX Comunidad de Vida Cristiana (Christian Life Community)
CVX Code Veronica X (game)
CVX Critical Viscosity of Xenon
CVX Carrier, Experimental
), Shell (NYSE:RD), Mobile (NYSE:XOM XOM Exxon Mobil Corporation (stock symbol)
XOM X/Open Object Management
XOM OSI-Abstract-Data Manipulation API
XOM Xml Object Model
XOM X/Open Osi Abstract Data Manipulation
), AGIP (NYSE:E) and other world-renowned companies within its client base.

Capital Hill believes that embracing the energy resource markets with a view toward market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 and its revenue potential, as a prudent move for the company and its shareholders. With Oil rising above $61 a barrel on the International markets on 8/01/05 the company feels confident in it's progression forward.

About The Company

Capital Hill Gold's strategic objective is to obtain controlling interests in petroleum, uranium and other strategic and precious metal properties with excellent exploration potential for economically significant to world-class ore deposits. To reflect the Company's emergence in the energy sector, the company has filed to change its name to Amerimine Resources, Inc. http://Amerimine.com.

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 2, 2005
Words:413
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