UPDATE: Hinterland Up 7% But Near Year Lows on Acquisition of Mozart Gold Property in Quebec
Hinterland Metals Inc. (HMI.V), which closed yesterday's session a cent below 20-day and 50-day average 80 cents, is now 7% higher but is trading just a cent above year low $0.065, as the company announce that it has entered into an option agreement with a locally based prospecting syndicate whereby Hinterland may earn a 100% interest in the 20-claim Mozart property located 50 kilometers northeast of Val d'Or, Quebec.
The company said gold mineralization related to sulphide-bearing quartz veins has been identified on the Mozart property at several locations exposed by hand trenching.
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