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Hi Ho Silver Resources Inc (2)
Symbol HHS
Shares Issued 22,884,344
Close 2017-09-19 C$ 0.055
Market Cap C$ 1,258,639
Recent Sedar Documents

ORIGINAL: Hi Ho Silver acquires two million shares of Canamara

2017-09-19 11:14 ET - News Release

Received by email:

File: Hi Ho News Release re Interest inTitanium Landholder -  September 19 2017 - FINAL.PDF

                                                                                   Page 1 of 2




                         HI HO SILVER RESOURCES INC.



                                  FOR IMMEDIATE RELEASE

 HI HO SILVER RESOURCES INC. ACQUIRES SIGNIFICANT INTEREST IN MAJOR TITANIUM
                       LANDHOLDER, QUEBEC, CANADA

September 19, 2017

Vancouver, Canada - Hi Ho Silver Resources Inc., ("Hi Ho", or the "Company") (CSE
symbol: HHS) is pleased to announce the acquisition of a significant indirect interest in
an extensive land position covering approximately 17,000 hectares in the Allard Lake
titanium belt of Quebec, Canada from a private company Canamara Iron & Titanium
Corporation ("Canamara"). In settlement of debt owed to Hi Ho, Canamera issued to
the Company a total two million shares and warrants entitling the Company to purchase
up to two million additional shares of Canamera at an exercise price of $0.20 per shares
for three years. Canamera has been granted an option by the owners of the land
position, with one additional payment of $125,000 to be paid to own the property
outright, subject to a 5% royalty and a $1 million work commitment in the next year
2018.

Mr. William Jorgenson, CEO, states "This acquisition provides Hi Ho a keynote
participation within the titanium field for future evolution of the titanium industry".
Canamara's large land position covers historically drilled titanium zones occurring as
ilmenite in what has been termed the largest hard rock titanium belt in the world by
Professor Bernard Charlier, Department of Geology, University of Liege, Belgium
(Charlier et al , 2010)."

Within the Allard Lake belt lies the largest high grade hard rock titanium mine in the
world, the Lac Tio deposit of Rio Tinto which has been in production since 1951,
annually supplying 15-17% of the world's titanium. This deposit originally exceeded 200
million tonnes, of which approximately half has been produced to date.

Canamara's holdings in the district include a large number of claims with prospective
titanium mineralization. Two main occurrences outcrop on the property holdings: one
drilled historically in part and known in detail from extensive outcroppings, and another
drilled in detail historically in addition to outcropping. Both have been studied
historically with detailed gravity surveys. The exploration potential of these two targets is
between 125-150 million tonnes grading between 38-42% titanium and 35-40% iron.



Hi Ho Silver Resources Inc.                                       Suite 404, 999 Canada Place
CSE: HHS                                                      Vancouver, B.C. Canada V6C3E2
FSE: H9T                                                                    Tel: 604.641.1241
                                                                                   AC/5720423.5
                                                                                        Page 2 of 2




Titanium is becoming a modern cinderella substance with the advent of 3D printing of
metal components and parts for aircraft usage and medical appliance
applications. Titanium use in the aircraft industry is intensive with the majority of supply
sourced in Russia and the Ukraine. Titanium pigment use in paints requires 85% of
world production.

Hi Ho is evaluating its continued role in the titanium field. Dr. Stewart A Jackson
P.Geo. a Qualified Person under National Instrument 43-101 and Technical Advisor to
both Hi Ho Silver Resources and Canamara, has reviewed the technical content of this
press release.

About the Company

Hi Ho Silver Resources Inc. is a Vancouver based mineral exploration company dedicated to
the exploration and development of precious and base-metal mineral deposits in North America
and elsewhere.

On behalf of the Board of Directors,

William G. Jorgenson
Chief Executive Officer and Director


For further information contact:
William G. Jorgenson
C.778-989-0770
Email: bcsprinterimports@gmail.com
Website: www.hihoresources.com


The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility
for the adequacy or the accuracy of the contents of this news release.

This news release includes certain statements that may be deemed "forward-looking
statements". The use of any of the words "anticipate', "continue", "estimate", "expect", "may",
"will", "would", "project", "should", "believe" and similar expressions are intended to identify
forward-looking statements. Although the Company believes that the expectations and
assumptions on which the forward-looking statements are based are reasonable, undue
reliance should not be placed on the forward-looking statements because the Company can
give no assurance that they will prove to be correct. Since forward-looking statements address
future events and conditions, by their very nature they involve inherent risks and uncertainties.
These statements speak only as of the date of this news release. Actual results could differ
materially from those currently anticipated due to a number of factors and risks including various
risk factors discussed in the Company's disclosure documents which can be found under the
Company's profile on www.sedar.com.




Hi Ho Silver Resources Inc.                                           Suite 404, 999 Canada Place
CSE: HHS                                                          Vancouver, B.C. Canada V6C3E2
FSE: H9T                                                                        Tel: 604.641.1241
                                                                                        AC/5720423.5
 


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