Toronto, Ontario, November 8, 2012: Canadian Silver Hunter Inc. (the “Company”) (TSX-V: AGH) is pleased to announce that it is initiating surface work at the Keeley Frontier Property located near Cobalt, Ontario.
The Company has identified two shallow targets on the property. One target is the surface projection of the new zone discovered in hole CSH 12 03, (see news release June 12, 2012, filed on Sedar). A second surface target is located on the western shore of Gibson Lake, approximately 1 km north of the old mine workings. Planned surface work will include stripping of overburden by an excavator followed by outcrop washing and channel sampling. Data derived from this work will assist with detailed geological mapping and sampling, as well as identifying potential drill collar locations for future drilling.
Jeffrey Hunter, President & CEO of Canadian Silver Hunter, comments; “this surface work program is another step in the Company’s plan to unlock the potential of the Keeley Frontier property. Management plans to continue the compilation of data derived from surface work and historic sources into the Company’s 3D model. We are excited about the prospects of the project as we continue identifying additional drill targets at Keeley Frontier.”
Mr. Gerald Harron, P.Eng., is the “Qualified Person” under NI 43-101 and has reviewed the technical information contained in this news release.
About Canadian Silver Hunter
CSH is a junior mineral exploration company focused primarily on the identification, evaluation, acquisition and exploration of mineral properties. CSH holds a 100% interest in the prolific past producing Keeley Frontier project, located in the South Lorrain Township, Larder lake Mining Division, Ontario. CSH’s current focus is on the exploration of the Keeley Frontier project for silver, cobalt and nickel deposits.
For further information please contact:
Canadian Silver Hunter Inc.
President and CEO
Tel: (416) 707 4230
CAUTIONARY STATEMENT: This News Release includes certain “forward-looking statements”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.