Timmins Daily Press article; CSH & The Lost Dog

Canadian Silver Hunter targets 'Lost Dog'

Toronto-based Canadian Silver Hunter Inc. has signed a letter of intent to acquire the “Lost Dog” property located approximately 30 kilometres southwest of Timmins.

“We’re going to buy it,” said Jeff Hunter, the company’s president and chief executive officer, a 30-year mining industry veteran who, as he put it, is currently “sequestered” in his backyard.

The nearly 3,000-hectare property is currently owned by Tim Towers, who was born and raised in Timmins, and is the former president of Silver Shield Resources. Towers, who acquired the property in 2010, is a director with Canadian Silver Hunter.

“Tim was able to hold onto it,” said Hunter. “We’ve been talking. He’s been a director of the company for almost two years now.”

The Lost Dog property consists of 52 contiguous mining claim units located in Denton Township.

Silver Shield funded approximately $400,000 worth of geophysics work on the property performed by Exsics Exploration in 2011.

“That’s one of the reasons I’m interested in the property, and why it merits further work,” said Hunter.

Canadian Silver Hunter Inc., which began in 2006, is a mineral exploration company focused on gold and silver on their three properties. The Silver Centre-Keeley Frontier property, located near Cobalt, the Coopers property in Northern Quebec, and now at Lost Dog.

Induced polarization (IP) and magnetic (MAG) report findings from the 2011 geophysics work at Lost Dog of a major fault structure with significant cross-cutting structures.

“We felt gold was a good idea,” said Hunter. “We always like gold, the both of us. I’ve been wanting to move away from my silver/cobalt project, and get something else on the board.”

Up next, follow-up work taking place this summer and into the fall will include soil sampling and line cutting, which is the process of clearing underbrush and creating a grid of pickets on the property.

“We’re going to re-cut the grid, but not the whole thing. They had about 35 kilometres done back in 2011. We’re going to cut a grid probably 10 to 15 kilometres around the heart of what we’re looking at. Go in there, do a soil sample, get the assays done, probably 100 to 150 samples, and then hopefully we’ve got some really nice drill targets.”

Canadian Silver Hunter will pay a total of $65,000 and 1,000,000 common shares over a three-year period to earn a 100 per cent interest in the property, subject to regulatory approval.

The letter of intent is non-binding, which Hunter said allows a “due diligence” period.

“The shareholders and the exchange, they like to see that you’re not just doing things without research. We just had our annual general meeting … for Silver Hunter and everything passed.

“This deal is going to happen,” he said, which should take place sometime in the next week or two.

The soil sampling program will likely cost between $25,000 and $30,000.

“That also gives you a ‘yay’ or a ‘nay’ on the property. Do you go forward or do you not? So if there’s no gold in the soil samples, then we have to consider what our next step might be. If there is gold in the soil samples, then we have drill targets immediately, and we have a lot more follow up targets to soil sample,” said Hunter.

“We’re looking forward to getting the show on the road, and for Canadian Silver Hunter, its been a long time coming. So for the shareholders, I’m really looking forward to delivering something for them. I think Lost Dog gives us a really good opportunity to build something real, in a real gold camp.

“Denton has had gold showings for a hundred years. It’s a good potential property for us.”

Canadian Silver Hunter Inc., to acquire key West Timmins property.

Canadian Silver Hunter Inc., signs Letter of Intent on key Timmins West Property

Toronto, Ontario – May 21, 2020 – Canadian Silver Hunter Inc. (“Canadian Silver Hunter” or the “Company”) (TSXV: AGH.H) is pleased to announce that the Company has entered into a non-binding Letter of Intent (LOI) to acquire the “Lost Dog” property, located in the West Timmins area of Northern Ontario.

The Lost Dog property consists of 52 contiguous mining claim units covering close to 3000 hectares. The property is located in Denton Township, approximately thirty kilometres south-west of the Timmins city center, and 12 km west of Pan American Silver’s Timmins Mine, in the Porcupine Mining Division of Northern Ontario.

The Lost Dog Property has had considerable exploration work completed to date including line-cutting, surface work and sampling, and more importantly, a major Induced Polarization (IP), Very Low Frequency (VLF) and Magnetic MAG) survey (Exsics Exploration 2011). The IP and MAG report findings outlined that the program was successful in locating a major fault structure, with significant cross cutting structures.

The Company is planning the follow up program of detailed geology and geochemical sampling which will be performed this summer/fall, before drilling. Soil sampling has been proven to be a very cost effective and reliable follow up tool to defining drill targets over the IP zone.

The Company will pay a total of $65,000 and 1,000,000 common shares over a three-year period to earn a 100-per-cent interest in the property, subject to regulatory approval. The Vendor will retain a 2% Net Smelter Royalty (NSR) that the Company has the right to purchase 1% of at any time, for $1,000,000. The Vendor of the property is a director of the Company and the former CEO of Silver Shield Resources Inc.

Canadian Silver Hunter Inc. is a Canadian mineral exploration company focused on gold and silver exploration on their three properties; the Silver Centre-Keeley Frontier property, located near Cobalt in Northern Ontario; the Coopers property, located near Lebel-sur-Quevillon in Northern Quebec; and the Lost Dog property, located near Timmins, in Northern Ontario. For further details about the Company’s projects and plans please visit the Canadian Silver Hunter Inc. website at www.canadiansilverhunter.ca

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange, the NEX nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe Harbor.

For more information please contact:

Jeffrey Hunter
President & CEO
(416) 707-4230
jhunter@cshi.ca

Canadian Silver Hunter Inc., Acquires Claims in Historic Mining Districts.

Toronto, Ontario – May 14, 2020 – Canadian Silver Hunter Inc. (“Canadian Silver Hunter” or the “Company”) (NEX: AGH.H) has acquired 16 contiguous mineral exploration claims located approximately 75 km east of the town of Lebel-sur’Quevillion, in the Carpiquet and Prevert Townships of the Abitibi Mining Division, Northern Quebec. The Company acquired the claims, which cover close to 1000 hectares, for staking costs.

The Company also added 4 claims representing 23 claim units or 460 hectares, in the South Lorrain Township, Larder Lake Mining Division, Northern Ontario. These claims add strategic ground to the Companies existing South Lorrain Project, Keeley and Frontier mines.

Quebec claims; basic geophysical work including a total magnetic field survey and an electromagnetic field EM-VLF survey was carried out by the previous owners on selected areas of the property and were conducted by Val D’Or Geophysique (April 1991). The geophysical surveys mapped the presence of metallic mineralization in the bedrock near surface.

Geological mapping, prospecting and sampling is planned as the presence of relatively thin overburden exists where sub crop or outcrop zones could be located. IP will also be considered to map any non-conductive sulphide concentrations such as those commonly found with structure-hosted precious metal occurrences.

The Abitibi Greenstone Belt hosts many small to medium sized mining operations and is one of the most active regions in Quebec for gold exploration. The CSH claims share a boundary with the north western extension of Osisko Mining’s “Windfall Lake” claims.

Canadian Silver Hunter Inc. is a Canadian mineral exploration company focused on silver-cobalt exploration on their flagship South Lorrain Project. For further details about the Company’s projects and plans please visit the Canadian Silver Hunter Inc. website at www.canadiansilverhunter.ca

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange, the NEX nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe Harbor.

For more information please contact:

Jeffrey Hunter
President & CEO
(416) 707-4230
jhunter@cshi.ca

CSH signs Letter Of Intent with Cannabis License applicant MARIGROW Inc.

Canadian Silver Hunter Enters into Non-Binding Letter of Intent
to Complete Acquisition of Cannabis License Applicant,
and Establishes Special Committee

TORONTO, ON, July 9, 2018– Canadian Silver Hunter Inc. (the “Company”) (TSX VENTURE: AGH) is pleased to announce that it has entered into a non-binding letter of intent dated July 6, 2018 (the “LOI”) with a privately held company MariGrow Inc. (“MariGrow”). MariGrow has submitted its application and is currently engaged in the process to become a licensed producer of cannabis and cannabis products under the Access to Cannabis for Medical Purposes Regulations(“ACMPR”). The LOI outlines the general terms and conditions of a proposed transaction (the “Proposed Transaction”) pursuant to which the Company would acquire, by way of share exchange or other transaction, all of the issued and outstanding securities of MariGrow in exchange for securities of the Company, and the Company would continue on with the business of MariGrow.

The Proposed Transaction is subject to, among other things: the Company being satisfied with its due diligence review of MariGrow; the receipt of all necessary consents, approvals and authorizations including any applicable shareholder and stock exchange approvals; and the parties negotiating and entering into definitive binding agreements in respect of the Proposed Transaction. If the parties determine to proceed with the Proposed Transaction, the Company would seek shareholder and TSX Venture Exchange (“TSXV”) approval to delist from the TSXV, and apply to list its common shares on the Canadian Securities Exchange.

Prior to the completion of the Proposed Transaction, the Company would be required to call a meeting of its shareholders, and would seek the shareholder approval of the following, potentially among other matters: (i) the Proposed Transaction, if required under applicable law; (ii) a change of name of the Company to a name to be determined by MariGrow and acceptable to regulatory authorities; (iii) the election of nominees of MariGrow to the board of directors of the Company; and (iv) a delisting from the TSX Venture Exchange (which would require approval by the minority shareholders of the Company pursuant to the policies of the TSXV).

About MariGrow

MariGrow Inc. is a privately held ACMPR applicant stage company seeking to be a cultivator and seller of high quality, affordable, condition specific varieties of custom grown and cured medical and recreational cannabis and cannabis products. MariGrow’s initial facility is an existing 32,000 square foot building that sits on just under 5 acres of land in a major industrial park in southern Ontario, and is serviced by road, rail and water access.

Special Committee

In order to review the merits of the Proposed Transaction, the Company has established a special committee (the “Committee”) of independent directors comprised of Tim Towers and Robert Gordon. The Company has requested that trading of its common shares be halted while the Committee reviews and considers the Proposed Transaction.

The Company also announces that is has granted to the members of the Committee, in accordance with the terms of the Company’s stock option plan, options to acquire an aggregate of 300,000 common shares of the Company exercisable at a price of $0.05 per common share until July 6, 2023.

Cautionary Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Canadian Silver Hunter Updates Progress, Positive Borehole Geophysics Results

TORONTO, ONTARIO – December 15, 2017 Canadian Silver Hunter Inc. (Canadian Silver Hunter” or the “Company”) (TSXV-AGH) is pleased to announce that positive results have been released from a borehole geophysics program on the Keeley-Frontier property, by First Cobalt Corp. An electromagnetic program successfully identified a geophysical signature associated with vein-style mineralization intersected in recent drilling as well as an off-hole anomaly, providing a new exploration tool for the Cobalt camp.

Highlights:

  • In-hole and off-hole electromagnetic-anomalous responses corresponding to veining have been encountered at the Woods vein extension and near the Keeley mine.
  • Off-hole anomalous results will be targeted for follow-up in the winter drill program.
  • Final data interpretation is nearly complete and results are being incorporated into the planning for January, 2018, drilling.

Three areas were targeted for surveying: the area known as the Woods vein extension, the Frontier No. 1 vein and an area near the Keeley mine. The Woods vein extension area was previously believed to be barren but, based on new mapping and drilling, may be the extension of the Woods-Watson vein system that accounted for over 80 per cent of the historic production in the Cobalt South region of the Cobalt camp.

Results of the program were positive, with both in-hole and off-hole electromagnetic anomalous responses encountered.

Five holes were surveyed near the Keeley mine and three at the Woods vein extension, to the north of the Frontier mine. Three holes with known cobalt veining provided an in-hole EM response consistent with drill core logging and assay results, confirming the ability of EM to detect a geophysical signature for cobalt veins.

More significantly, surveying in one hole near the Keeley mine detected an off-hole response, indicating a potential extension of the veining recorded in the hole. Two holes drilled along the Frontier No. 1 vein were also surveyed to detect off-hole anomalies, but did not encounter any EM responses.

Next steps

EM surveying has not been used extensively in the Cobalt camp despite cobalt and silver minerals being excellent conductors. The pulse EM method which is being used is well suited for this setting.

Ground-based EM system testing will commence shortly to determine if the cobalt veins encountered by drilling can be detected from surface. An expanded ground EM survey over the Woods extension area is also being considered. If the results from the borehole program can be replicated from surface, EM surveys could have a camp-wide application as a prospecting and drill-hole-targeting tool.

The off-hole anomaly detected near Keeley will be targeted during the winter drilling program starting in January.

Crone Geophysics, based in Mississauga, Ont., has been contracted to conduct the surveys. Crone Geophysics develops high-quality instruments and has provided leading-edge surveying and consulting since 1962.

Qualified and competent person statement

Dr. Frank Santaguida, PGeo, is the qualified person as defined by National Instrument 43-101 who has reviewed and approved the contents of this news release. Dr. Santaguida is employed on a full-time basis as vice-president, exploration, for First Cobalt. He has sufficient experience that is relevant to the activity being undertaken to qualify as a competent person as defined in the JORC Code.

About Canadian Silver Hunter Inc.

Canadian Silver Hunter Inc. is a Canadian exploration company focused on the exploration of silver-cobalt deposits on its 100% owned flagship Keeley Frontier Project. For more information please visit the Canadian Silver Hunter Inc. website at www.canadiansilverhunter.ca.

Shareholders of Canadian Silver Hunter Inc. are reminded to view the filings of First Cobalt Corp. (TSXV:  FCC) on www.sedar.com for further information regarding the activity of First Cobalt Corp. with respect to the Keeley Frontier project.

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe Harbor.

Canadian Silver Hunter Inc.

Jeffrey Hunter

President & CEO

(416) 707 4230

info@cshi.ca

www.canadiansilverhunter.ca