Monday 24th October 2016

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Huakan reports BC assays including 4.24 g/t Gold, 78.38 g/t Silver over 12.4m

Huakan International Mining Inc HK:CA announced assays from its J&L Property located near Revelstoke, BC. Results include 4.66 g/t gold and 36.62 g/t silver over 2.1 metres, 4.24 g/t gold and 78.38 g/t silver over 12.4 metres (including 4.89 g/t gold and 112.35 g/t silver over 5.8 metres), 2.52 g/t gold and 181.47 g/t silver over 3 metres, 6.77 g/t gold and 49.99 g/t silver over 1.6 metres, 4.98 g/t gold and 68.89 g/t silver over 2.2 metres, and 5.55 g/t gold and 82.92 g/t silver over 4.5 metres.

The Main Zone of the J&L Property has an historical, non-NI 43-101 compliant mineral resource estimate of proven and probable ore reserves of 1.7 million tonnes grading 7.38 g/t gold, 75.9 g/t silver, 2.64% lead and 4.43% zinc, and a possible ore reserve of 1.9 million tonnes grading 7.12 g/t gold, 85.5 g/t silver, 3.32% lead and 3.48% zinc.

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Jeffrey Ren

or Paul Cowley
P. Geo.

by Ted Niles

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