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File: HULDRA Final News Releaseannouncing Mining and Milling Profit Share Agreement.DOCX
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TSX.V: HDA NEWS RELEASE
HULDRA SILVER INC. ENTERS INTO MINING AND MILLING PROFIT SHARE AGREEMENT
VANCOUVER, B.C., February 25, 2015 - Huldra Silver Inc. ("Huldra" or the "Company") is pleased to announce that it has
---> entered into a Mining and Milling Profit Share Agreement (the "Agreement") with High Range Exploration ("High Range")
--->. Under the Agreement, High Range plans extract mill feed from its wholly-owned Dominion Creek Property, which is loc
--->ated 43 kilometers northeast of the Town of Wells and about 110 kilometers east-southeast of Prince George, and then p
--->lans to ship this mill feed to Huldra for processing. Huldra intends to process the mill feed into concentrate for fu
--->rther shipping to a smelter or third party for sale, subject to agreements for the sale of the concentrate being enter
--->ed into with smelters or third parties.
High Range intends to apply for a Bulk Sample Permit from the Ministry of Energy and Mines for British Columbia, which
---> permit, if obtained, would allow High Range to extract up to 10,000 tonnes of mill feed from the Dominion Creek Prope
--->rty.
According to the Agreement, mill feed will be stored and tested on site to confirm grades greater than 0.5 oz/tonne Au
---> equivalent (15.552 grams/tonne Au equivalent). Once a sufficient stockpile has been achieved the stockpile will be t
--->ransported to Huldra's Merritt Mill, located near Merritt, BC. The Company plans to store mill feed until approximate
--->ly 4,000 - 5,000 tonnes has been stockpiled, as well as to reconfirm stockpile grades to be greater than the minimum 0
--->.5 oz/tonne Au equivalent (15.552 grams/tonne Au equivalent) prior to commencing processing operations. Huldra will
--->be responsible for negotiating the sale of concentrate to a smelter or third party purchaser.
Under the Agreement, High Range will be responsible for all costs associated with mining and Huldra will be responsibl
--->e for all costs associated with milling operations. Upon repayment of costs, according to terms of the Agreement, the
---> parties will equally distribute the remaining proceeds from the sales of concentrates.
Peter Espig, Chief Executive Officer, commented, "Huldra's goal is to move towards leveraging the value of its assets
--->and progressing towards operational cash flow. Our centrally located mill and fully-lined tailings facility has the p
--->otential to unlock value for smaller high-grade deposits in gold and silver in British Columbia."
On behalf of the Board of Directors
"Peter Espig"
Peter Espig
CEO & Director
For additional information
Contact: (604) 647-0142
Cautionary Note Regarding Forward Looking Information:
This news release contains projections and forward-looking information that involve various risks and uncertainties re
--->garding future events. Such forward-looking information includes, without limitation, statements based on current expe
--->ctations involving a number of risks and uncertainties and are not guarantees of future performance of the Company or
--->High Rise such as the statements that High Range will extract mill feed from its Dominion Property and ship this to Hu
--->ldra, that Huldra will process the mill feed into concentrate and then arrange for the sale of the concentrate to smel
--->ters and third parties, that High Range will apply for a bulk sample permit, the quantity of mill feed that may be ext
--->racted under the bulk sample permit if granted, regarding the plans for storage of the mill feed, the expected grade o
--->f the mill feed, plans for allocation of costs and profit associated with mining and milling, and Huldra's intention t
--->o progress towards operational cash flow. There are numerous risks and uncertainties that could cause actual results a
--->nd the Company and High Range's plans and objectives to differ materially from those expressed in the forward-looking
--->information, including the inability of the parties to complete the proposed mining and milling activities as proposed
---> or at all, that the bulk sample permit may not be granted, that the Company may not be able to successfully negotiate
---> agreements for the sale of the concentrates, and that the mill feed may not be of a grade or quality that is sellable
--->, and other factors beyond the Company and High Range's control. Actual results and future events could differ materia
--->lly from those anticipated in such information. These and all subsequent written and oral forward-looking information
--->are based on estimates and opinions of management on the dates they are made and are expressly qualified in their enti
--->rety by this notice. Except as required by law, neither the Company nor High Range assume any obligation to update for
--->ward-looking information should circumstances or management's estimates or opinions change.
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.
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