[tpop3d-discuss]HRRP signed Option to Purchase Comstock Gold
Direct Investors
hrrp5175 at zorsally.com
Sat, 29 Apr 2006 23:00:47 -0500
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<td valign="bottom" style="padding:3px" bgcolor="#421B92"><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif"><strong>April 26, 2006</strong></font></td>
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<td width="339" align="center" bgcolor="#000000"><font size="4"><font color="#FFFFFF" size="5" face="Arial, Helvetica, sans-serif">OTC:</font> <font color="#FFFFFF" size="5" face="Arial, Helvetica, sans-serif"><strong><a href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E414645474644430E08.aspx' style="color:#FFFFFF">HRRP.pk</a></strong><br>
<font size="4">Current Price:<strong> $0.075</strong></font></font></font></td>
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<td width="65%" style="font-family:Arial, Helvetica, sans-serif;font-size:12px;border-right:1px solid #421B92"><p align="justify"><b><img src="http://images.zorsally.com/img/h/hrrp/03272006/IMG001.jpg" width="200" height="298" hspace="5" align="right">HE-5 Resources, Corp. (HE-5)</b> is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 minerals and metals: gold, silver, mercury, platinum and nickel. The Company is currently in the advanced stages of conducting due diligence on mining projects located in Nevada and California that have an estimated combined market value of over $80 million. These projects have an expected production start date of June 2006. </p>
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<td bgcolor="#EFEFEF" style="padding:5px;font-family:Arial, Helvetica, sans-serif;font-size:11px"><p><b><font color="#FFFFFF" size="2"><span style="background-color:#421B92"> RECENT NEWS HIGHLIGHTS!! </span></font><font color="#010101" size="3"><br>
</font></b><A href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E41464547464A460E08.aspx'>HE-5 Resources, Corp. Acquires Interest in Ruby #1 and #2 Mine</A><A href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E41464747424A410E08.aspx'></A><br>
<B>Market Wire</B> (Mon 12:22pm) <br>
<A href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E414645474742450E08.aspx'>HE-5 Resources, Corp. Announces Appointment of Senior Geologist</A><A href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E414647474342440E08.aspx'></A><br>
<B>Market Wire</B> (Wed, Mar 22)<br>
<A href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E414645474741420E08.aspx'>HE-5 Resources, Corp. Appoints President</A><br>
<B>Market Wire</B> (Mon, Mar 20)<br>
<A href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E414645474747410E08.aspx'>HE-5 Resources, Corp. Announces New Ownership and Name Change</A><br>
<B>Market Wire</B> (Thu, Mar 16)</p>
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<td colspan="2" style="padding:15px;font-family:Arial, Helvetica, sans-serif;font-size:12px"><p><font color="#503361"><i><b><font color="#421B92" size="4">HE-5 Resources, Corp. Signs Lease Agreement for Overman Property</font></b></i></font><br>
<font color="#666666">Tuesday April 25, 8:30 am ET</font></p>
<p> <img src="http://images.zorsally.com/img/h/hrrp/03272006/img002.jpg" width="200" height="133" hspace="5" align="right"> NEW YORK, NY--(MARKET WIRE)--Apr 25, 2006 -- HE-5 Resources, Corp. (Other OTC:<a href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E414645474644430E08.aspx'>HRRP.PK</a> - <a href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E414645474745440E08.aspx'>News</a>) is pleased to announce that it has signed a Lease Option to Purchase Agreement with Comstock Gold, LLC to acquire a 100% interest in the Overman Property situated in the Comstock District, Nevada. The Property includes sixteen unpatented claims and one patented claim situated in the Gold Hill section of the district. Shareholders may view digital photos of the Property by visiting the Projects page of the Corporate website: <a href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E4147464B414A410E08.aspx'>www.he-5resourcescorp.com</a>. The Company is also pleased to report that with this acquisition, its business growth strategy is being executed ahead of schedule and it expects to achieve production and profitability as soon as the third quarter of 2006. </p>
<p><img src="http://images.zorsally.com/img/h/hrrp/03272006/img003.jpg" width="200" height="133" hspace="5" vspace="20" align="left">The Overman Property has a long production history dating back nearly to the original discovery of the Gold Hill segment of the Comstock Lode in 1859. Between 1861 and 1939, the Property produced 1,479,450 tons yielding approximately 316,881 equiv. oz gold (Au). (Source: US Bureau of Mines) Production existed until 1942 when War Order L-208 was issued. Production was by open pit. </p>
<p>Today, the Overman Property still ranks at the top of the district's properties in terms of its potential to generate a significant tonnage of material suitable for heap-leaching. It also possesses a unique set of circumstances from the permitting standpoint in that it lies within an area of existing disturbance, and will not have a significant bonding requirement. </p>
<p>Recent drilling programs have outlined a drill-indicated resource totaling 180,000 tons grading .05-.07 opt Au and 1.5-3.0 opt silver (Ag). The resource is characterized by (1) a simple, well-oxidized mineralogy, (2) a very favorable stripping ratio and (3) minable widths of higher grade material in the range of .08-.10 opt Au and 2.0-2.5 opt Ag. The property also contains an additional inferred resource of slightly more than 1 million tons grading .025 opt Au and .75 opt Ag. Approximately one quarter of the inferred tonnage lies on the existing pit floor, while the remainder lies southwest of the pit along the American Flat Branch of the Comstock Lode. </p>
<p>The goal of HE-5 Resources is to complete 7,000 to 8,000 feet of infill drilling in order to upgrade the resource to the drill measured status, and also to come to terms with Gold Spring / Plum Mining to process the ore on some type of toiling arrangement, or sell the resource outright. Production is expected to commence this November. </p>
<p><b>Geology of the Overman Property </b></p>
<p>The Comstock Lode is a world class epithermal volcanic-hosted precious metal deposit with a recorded production in slight excess of 8 million ounces of gold and 192 million ounces of silver between 1859 and the present. The district is characterized by a system of quartz / calcite veins measuring from a few feet to several hundred feet in width, which have been productive over a combined length of about 8 miles and locally to depths exceeding several thousand feet. The Overman Property is one of the district's larger producers and occupies a strategic position on the Lode; it straddles a very structurally complex area where the lode separates into branches. </p>
<p><b>About HE-5 Resources, Corp. </b></p>
<p>HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 metals: gold, silver, copper, zinc and platinum. </p>
<p>For more information please contact CEO Denyse Raynault at <a href="mailto:Raynault@he-5resourcescorp.com">Raynault@he-5resourcescorp.com</a> or visit the Corporate website at <a href='http://zorsally.com/080E06021D0241165F161B0111070101321E1B0106015C1017130106015C1D00150E43434B4240470E404A0E400E4147464B414A410E08.aspx'>www.he-5resourcescorp.com</a>. </p>
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