President’s Message
Posted on Wednesday, June 15th, 2011
June, 2011
Our company, Hi Ho Silver Resources Ltd. has gone through a major transformation during the past 15 months since current management assumed control in March, 2010. During this period the Company has completed:
- An option agreement to acquire a 50% interest in an active exploration property referred to as Royal Attwood, located in the prolific Greenwood mining district;
- An active molybdenum exploration property with known, non, 43-101 compliant resources referred to as the Mt. Thomlinson property;
- A large claim block, referred to as the Inlet property, located less than 10 kilometers from the former Amax mine presently being reopened by Avanti Resources. These projects are located at the eastern end of Alice Arm;
- A review of the Company’s existing Carmi, molybdenum property with published, 43-101 compliant resources;
- The acquisition of three other grass-routes stage exploration projects with work plans for this summer;
- Two private placements that raised a combined $900 thousand used to fund exploration and working capital;
- A reworked and hopefully more user friendly web site;
- The implementation of an Advisory Board with several, senior geologists who provide guidance on our exploration efforts; and
- A strong, well qualified and experienced management team.
Our team of geological professionals are preparing plans for summer work programs and are submitting applications for work permits. It is our goal to work well into the fall season, basically as long as weather permits.
Our team is truly excited about developing these properties and growing the Company on behalf of its shareholders.
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