HE-5 Resources, Corp. Announces $450,000 Investment in Phase 2 of Drilling Program on the Overman Property
September 18 2007 - 8:30AM
PR Newswire (US)
Pre-Production Phase 2 Scheduled to Commence this Fall NEW YORK,
Sept. 18 /PRNewswire-FirstCall/ -- HE-5 Resources, Corp. (HRRN:
Pink Sheets), today announced that its Board of Directors has
resolved to invest $450,000 in Phase 2 of the Drilling Program at
the Overman Property, Nevada. This program phase may be referred to
as the 'Pre - production' program because it will attempt to
determine the southwest and northeast limits of mineralization and
the lower limits of mineralization in the immediate area of the
Overman pit floor. This substantial drilling program will commence
this fall and its primary objective is to upgrade the resource to
measured status of over a few million tons. HE-5 also announced
that it is seriously considering hiring additional staff to
facilitate the effective execution of the upcoming Production stage
at the Overman Property. Further details on this proposed hiring
initiative will be released after the start of Phase 2 of the
Drilling Program. About HE-5 Resources, Corp. 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. Forward-Looking Statements Please be
advised that statements made herein, other than historical data,
constitute forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially
from those stated or implied by such forward-looking statements.
The potential risks and uncertainties include, among others,
potential volatility in the company's stock price, increased
competition, customer acceptance of new products and services
offered by the company, and uncertainty of future revenue and
profitability and fluctuations in its quarterly operating results.
Please also be advised that the company's stock is not currently
registered with the Securities and Exchange Commission. DATASOURCE:
HE-5 Resources, Corp. CONTACT: For more information on HE-5
Resources, Corp. please contact CEO Denyse Raynault at or visit the
corporate website at http://www.he-5resourcescorp.com/
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