CHGI China Carbon Graphite Group Inc (CE)

Capital Hill Gold, Inc. (OTCBB:CHGI) is pleased to report that it has received new assays from the Company's uranium project: -0- *T Sample Description Uranium Silver Shear zone (metasediments + quartz monzanite) 0.017 % U 0.055 oz Ag/ST Ore Dumps (composite sample; sediments + intrusives) 0.068 % U 0.068 oz Ag/ST Ore Dumps (composite; strongly sheared vein material) 0.067 % U 0.032 oz Ag/ST *T Two additional samples of metasedimentary outcroppings intruded by porphyritic quartz monzanite dikes contained anomalous amounts of uranium as well as measurable silver (0.042 to 0.045 oz/ST). Assay work was performed by American Assay Labs (Elko, Nevada). A claim staking crew and a geologist are en route to the Company's uranium property, and will begin work on Friday to complete the staking of an additional 40 unpatented mining claims. In May 2005, agents for the company staked 22 unpatented mining claims and set discovery monuments and location markers for an additional 40 claims (- 800 acres). Severe weather (including heavy snows at higher elevations of the project area) precluded the entire program from being completed as scheduled. The area being staked encompasses a large area of potentially commercial-grade uranium mineralization identified by previous work, including geophysical surveys and reconnaissance sampling. Such identifying works, assays and surveys will encourage a fast track to bringing this property to its next stage of development. Following completion of the uranium claim-staking program, the staking crew will begin locating claims on a potential major gold deposit situated south of the new uranium property. The company was elated to discover such un-staked claims that now add to the company's portfolio wealth of properties and holding. About the Company Capital Hill Gold's strategic objective is to obtain controlling interests in properties with excellent exploration potential to become economically significant to world-class ore deposits. CHGI intends to acquire mineral exploration properties primarily through the filing of concessions on its own account and in partnership as well as by optioning exceptional properties at reasonable costs relative to the property's potential and the financial capabilities of the company. On behalf of Capital Hill Gold, Inc. Dan Enright, President This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.