RHR Report.indd - River Hills Resources

RIVE
RE
R HILL
S
SOURCES, INC
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Corporate Report April - 2013
River Hills Resources, Inc. | 8400 E Prentice Ave. #1360 | Greenwood Village, CO 80111 | riverhillsresource.com
RIVERHILLSRESOURCE.COM
River Hills Resources Today
Company History
River Hills Resources, Inc. (RHR Inc) was founded in 2005 as a junior exploration company seeking to develop early stage gold and
precious metal projects around the globe. In early 2008 the company embarked on a $45 million development venture with a Chinese
State owned company. The Government of Ecuador began a nationalization policy later that year and the Project was put on hiatus
by governmental decree. River Hills Resources is party to a lawsuit in which, as the plaintiff we are seeking remedy through the US
Bi-Lateral trade agreement with the country. A hearing is set for August 2014.
ECUADOR
The Tuyano River Project in Napo Province completed a three year exploration program in early 2012. Assay testing supported
previous test results and indicate strong gold reserves. While preparing for mining production, management interviewed several candidates
to sub contract the operation. In the fourth quarter of 2012 we selected Crawford Enterprises - an Ecuadorian company run by a former
US citizen. They have moved equipment onto the site and during the past three months have begun the intial phase of testing and setting
up production equipment.
2013 ACTION PLAN : Full scale mining by Crawford Enterprises will commence in the second quarter. River Hills will oversee mining
production and receive royalty payments from Crawford Enterprises.
HONDURAS
El Transito, our Honduran project has been a lightning rod of interest to numerous junior and mid-tier mining companies that
have contacted us over the past two years. We have kept the Project in a hibernative state while our in-country partners develop
their gold project and enable us to monitor thier progress in advance of our own development. They are now in production, have
learned a great deal about Honduran business practices and with this knolwedge will enable us to move our project forward in an
expedient manner.
El Transito is a project of merit which has proven reserves. To list a company on an internationally recognized Stock Exchange a
mining project must be advanced through a certain point of exploration activity. The El Transito’s history of mining operations
qualifies it and that is why we are seeing it generate so much interest. We had originally planned to partner the project with
another company but have decided to develop it ourselves. We are in discussions with mining engineers and mining consulting
firms to determine the best course of action. We have hired several people within Hondruas to initiate community relations efforts.
We plan to establish a base camp near the mine by purchasing land and then start the advanced exploration actvities this year,
including drilling to further prove our gold resource.
2013 Action Plan: Fund a drill campaign at El Transito to further ascertain gold reserve. Prepare a National Instruments 43-101 report
to facilitate listing on an international exchange.
RIVERHILLSRESOURCE.COM
River Hills Resources Today
Nicaragua is the leading gold-producing country in Central America and the
Caribbean Basin. Since the late 1930s more than eight million ounces of gold
have been mined, mainly from epithermal and mesothermal veins , skarn zones,
and various placer deposits.
NICARAGUA
Nicaragua was introduced as Central America’s “hot-spot” for mining activity by anaylsts at the Toronto Global Mining convention
in March 2013. River Hills first entered Nicaragua in April of 2012. We are fortunate to have partnered with Iberominas, SA. a progressive
mining company that controls twelve projects in a 150,000 hectare block of concessions. Several promising mine locations have been
visited and the company has entered into acquisition negotiations on two gold projects. Twelve assays were taken from these projects
and submitted to a laboratory for analysis. The results were promising and we continue acqusiition dialogue with the owner of the company.
River Hills is in the process of incorporating a subsidiary in Nicaragua and opening an office in Managua.
2013 ACTION PLAN: Form a Nicaraguan subsidiary and secure mining rights to one or more projects. Commence field visits, assays and
limited trenching on primary target.
RIVE
RE
R HILL
S
SOURCES, INC
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2013 ACTION PLAN
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Oversee the gold production at Tuyano in Napo Province
Ascertain gold reserves at El Transito through a drilling program
Prepare a National Instruments 43-101 report to position El Transito for listing on an international exchange
Form a Nicaraguan company and secure mining rights to one or more projects
Field visits, assays and limited trenching will commence on the primary target
River Hills Resources is moving forward with our mission
to identify and develop early stage gold and precious metal
projects that meet our corporate objectives.
River Hills Resources, Inc. | 8400 E Prentice Ave. #1360 | Greenwood Village, CO 80111 | riverhillsresource.com
RIVERHILLSRESOURCE.COM