TORONTO, ONTARIO--(Marketwire -06/08/12)- High River Gold Mines Ltd. (HRG.TO) ("High River" or the "Company") announced today that technical reports with respect to its Berezitovy and Burkina Faso properties have been completed and posted under the Company's profile on SEDAR.
The technical report on the Berezitovy mine entitled "The Berezitovy Project, Russia, NI 43-101 Technical Report" dated June 8, 2012 was prepared by Mark Owen, BSc, MSc, MCSM, CGeol, EurGeol, FGS of Wardell Armstrong International ("WAI"). The technical report on the Taparko-Bouroum mine entitled "The Taparko-Bouroum Assets, Burkina Faso, NI 43-101 Technical Report" dated June 8, 2012 was prepared by Dr. Phil Newall, BSc (ARSM), PhD (MCSM), CEng, FIMMM, Director of Mining and Minerals of WAI. The technical report on the Bissa development project entitled "The Bissa Asset, Burkina Faso, NI 43-101 Technical Report" dated June 8, 2012 was also prepared by Dr. Newall. Each of Mr. Owen and Dr. Newall is a "qualified person" as that term is defined in National Instrument 43-101 and independent of the Company.
For further information on High River please visit the company's website - http://www.hrg.ca.
Notes to Editors
About High River
High River is an unhedged gold company with interests in producing mines, development and advanced exploration projects in Russia and Burkina Faso. Two underground mines, Zun-Holba and Irokinda, are situated in the Lake Baikal region of Russia. Two open pit gold mines, Berezitovy in Russia and Taparko-Bouroum in Burkina Faso, are also in production. Finally, High River has a 90% interest in a development project, the Bissa gold project in Burkina Faso, and a 50% interest in an advanced exploration project with resource estimates compliant with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, the Prognoz silver project in Russia.
- Burkina Faso