Thursday 27th October 2016

Resource Clips

Huakan reports BC Assays up to 3.8 g/t Gold, 37.9 g/t Silver over 7.5m

Huakan International Mining Inc TSXV:HK announced results from the Main Zone of its J&L Property near Revelstoke, BC. Assays include 3.8 g/t gold and 37.9 g/t silver over 8.5 metres, 10.07 g/t gold and 197.41 g/t silver over 0.8 metres, 5.64 g/t gold and 236.48 g/t silver over 2.2 metres, 2.08 g/t gold and 53.92 g/t silver over 4.1 metres, 3.54 g/t gold and 53.06 g/t silver over 4.1 metres, 15.3 g/t gold and 136.32 g/t silver over 1.1 metres, and 12.64 g/t gold and 149.55 g/t silver over 3.3 metres.

The Main Zone of the J&L Property has historic, non-NI 43-101 compliant proven and probable reserves of 1.7 million tonnes grading 7.38 g/t gold and 75.9 g/t silver. Huakan plans to complete an NI 43-101 resource estimate in spring 2011.

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Paul Cowley

or Jeffrey Ren

by Ted Niles

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