VANCOUVER, May 2, 2013 /CNW/ - Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV:HTR) announces that it has returned the Delta Project in south-central Alaska, USA to Agnico Eagle Mines Limited and no longer holds an interest in the project.
President and CEO Patrick Smith said "Current market conditions have necessitated that Heatherdale prioritize its efforts on our flagship Niblack Project, the 100% owned high-grade mine development opportunity in southeastern Alaska."
On behalf of the Board of Directors
Patrick Smith
President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
SOURCE Heatherdale Resources Ltd.
