Golden Hill Mining Corp. - Cuban Drilling Yields Gold .336 Oz/t Over 114.3 Ft (Including 1.01 Oz/t Over 35.6 Ft).CALGARY, Alberta--(BUSINESS WIRE)--Feb. 2, 1996--Golden Hill Mining Cor(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. : GHMC GHMC Greater Hyderabad Municipal Corporation (Hyderabad, India) GHMC Gay Men's Health Crisis Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : MMP MMP Matrix Metalloproteinase (enzymes related to tissue healing/remodeling and cancer cell metastasis) MMP Mixed Member Proportional (New Zealand electoral system) MMP Multi-man Publishing .A VSE See DOS/VSE. VSE - Virtual Storage Extended : MIY ) -Assays of four more drill holes at the Golden Hill discovery of GOLDEN HILL MINING CORP. (GHMC-CDN) and partners MacDonald Mines Exploration Ltd. (MMP.A-ASE) and GeoMinera S.A. in east-central Cuba have yielded spectacular results. Controlling Shareholder MILL CITY GOLD MINING CORP. (MIY-VSE) currently owns approximately 10.5 million shares of Golden Hill Mining Corp. Drill hole GH-15, drilled vertically, encountered 11.52 grams per tonne of gold over 34.83 metres (.336 oz/t over 114.3 ft) including 34.63 grams per tonne over 10.85 metres (1.01 oz/t over 35.6 ft). Assays of drill holes GH-12 through 14 were reported January 9, 1996 and are summarized below together with new results from holes GH-15 through 18 and last year's holes GH-01 and GH-06. All holes were located at Section 458090 East and 256720 North except GH-1 (256736 North) and GH-16 through 18 (256650 North). -0- LITTLE GOLDEN HILL ZONE, GOLDEN HILL EPITHERMAL DISCOVERY Surface Oxide Mineralization Drill Dip & Intersection Length Gold Copper Hole Direction Metres Feet g/t oz/t percent GH-1 -50 (300) 15.70 51.50 4.06 0.12 GH-6 -50 (360) 23.10 75.77 4.72 0.14 GH-12 -44 (180) 34.05 111.68 3.96 0.12 GH-13 -62 (180) 27.45 90.04 5.18 0.15 GH-14 -76 (180) 25.65 84.13 4.42 0.13 GH-15 -90 34.83 114.3 11.52 0.336 GH-16 -45 (360) 25.45 83.5 3.06 0.09 GH-17 -62 (360) 22.85 75.0 1.04 0.03 Deeper Sulphide Mineralization Drill Dip & Intersection Length Gold Copper Hole Direction Metres Feet g/t oz/t GH-12 38.05 124.80 2.04 0.06 1.07 GH-13 48.17 157.99 1.78 0.05 1.35 GH-14 36.96 121.23 2.28 0.07 0.60 GH-16 33.70 117.1 1.44 0.042 1.10 GH-17 20.65 67.7 1.50 0.044 1.00 GH-18 -90 24.25 79.6 0.06 1.02 Combined Oxide and Sulphide Gold Equivalent (Copper at US $1.20 per pound/Gold at US $400 per troy ounce GH-12 72.05 236.4 4.22 0.123 GH-13 75.62 248.1 4.96 0.145 GH-14 62.61 205.4 3.96 0.116 GH-16 61.15 200.6 3.57 0.104 GH-17 43.50 142.7 2.34 0.068 GH-18 24.25 79.6 2.37 0.069 The Golden Hill discovery, some 200 kilometres east of KWG KWG Kreditwesengesetz (German: banking act) KWG Kids With Guns (band) KWG Kaiser Wilhelm Gymnasium KWG Kernkraftwerk Graben Resources Inc.'s Gaspar project, like it, occurs in the same Cretaceous volcanic rocks rocks which have been produced from the discharges of volcanic matter, as the various kinds of basalt, trachyte, scoria, obsidian, etc., whether compact, scoriaceous, or vitreous. See also: Volcanic that form the backbone of the Greater Antilles Greater Antilles: see West Indies. island arc island arc Long, curved chain of oceanic islands associated with intense volcanic and seismic activity and mountain-building processes. Examples include the Aleutian-Alaska Arc and the Kuril-Kamchatka Arc. Most island arcs consist of two parallel rows of islands. which hosts the giant Pueblo Viejo deposit in the neighbouring Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. . Holes GH-19 through GH-26 are presently being assayed and samples from holes GH-27 through GH-36 are being prepared for analysis. Excellent recovery of an average 100 metres of core per day continues. Shipment of samples, to Canada, for analysis, is expected to permit results to be issued weekly as the program continues. -0- Neither the Canadian Dealing Network, nor the Vancouver or Alberta Stock Exchanges have approved nor disapproved the information contained herein. CONTACT: Golden Hill Mining Corp., Calgary James R. Brown, Chairman, 403/278-8500; 403/278-8580 (fax) or Mill City Gold Mining Corp. James R. Brown, Chairman, 403/278-8500; 403/278-8580 (fax) or MacDonald Mines Exploration Ltd. Frank C. Smeenk, President, 416/865-1625; 416/865-9386 (fax) REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-236-4266 or |
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