Discovery at Golden Hill significantly expanded by "Three Hills" results.CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta--(BUSINESS WIRE)--March 22, 1996--Golden Hill Mining Corp. (GHMC-CDN) and Mill City Gold Mining Corp. (MIY-VSE) announce that assays of three more drill holes at the Three Hills Zone, 750 meters east south-east Adv. 1. south-east - to, toward, or in the southeast sou'-east, southeast south-east n → sudeste m adj [counties etc] → (del) sudeste of the Little Golden Hill Zone, confirm the presence of significant gold and copper, as summarized below: -0- Surface Oxide Mineralization Drill Dip & Intersection Length Gold Copper Hole Direction (Meters) (Feet) g/t oz/t percent
GH-51 -45x 9.20 30.18 1.81 0.053 --
12.95 42.49 5.48 0.160 --
GH-53 -90x 37.40 122.70 0.98 0.029 --
Deeper Sulphide Mineralization
GH-51 12.95 42.49 0.61 0.018 0.22(X)
GH-52 -60x 2.47 8.10 -- -- 0.64(X)
16.55 54.30 0.42 0.012 --
30.50 100.07 0.43 0.013 0.60(X)
30.50 100.07 0.44 0.013 --
GH-53 18.90 62.00 2.24 0.065 1.64
(X) minimum value, copper assays pending-0- POLITICAL UPDATE - NEW U.S. LAW AND IMPLICATIONS Golden Hill and Mill City would like to state, in light of the new US law, that the companies have no reason to be concerned about their activities in Cuba. Golden Hill and Mill City are neither active in any expropriated ex·pro·pri·ate tr.v. ex·pro·pri·at·ed, ex·pro·pri·at·ing, ex·pro·pri·ates 1. To deprive of possession: expropriated the property owners who lived in the path of the new highway. property or assets of any kind in Cuba nor do any of their corporate representatives have any dealings with any expropriated property or assets. Consequently, Golden Hill and Mill City are not faced with the possibility of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. in US courts and their representatives can continue to travel unhindered unhindered Adjective not prevented or obstructed: unhindered access Adverb without being prevented or obstructed: he was able to go about his work unhindered to and from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . MacDonald Mines Exploration Ltd. is the operator of the program funded equally by Geo-Minera S.A., a Cuban state agency, and a company equally owned by the operator and Golden Hill Mining Corp. (GHMC-CDN). Mill City Gold Mining Corp. (MIY-VSE) currently owns approximately 40% of the shares of Golden Hill Mining Corp. -0- Neither the Canadian Dealing Network Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. , nor the Vancouver or Alberta Stock Exchanges Alberta Stock Exchange See Canadian Venture Exchange (CDNX). have approved nor disapproved the information contained herein. CONTACT: Golden Hill Mining Corp. / Mill City Gold Mining Corp. James R. Brown, 403/278-8500 403/278-8580 (Fax) |
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