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PAHRUMP, Nev., Aug. 10 /PRNewswire-FirstCall/ — Subury Resources, Inc., a subsidiary of Hidalgo Mining International continues in their exploration endeavor of the Tudor property located in Ontario, Canada. As announced previously, Robert Silverman, President of Subury Resources Inc. described plans to undertake Exploration of the Tudor Gold Project, Ontario, Canada. As funding becomes available, a four phase program estimated at $5 million will be implemented over four years to explore the extent of gold mineralization contained in the Main Zone and Vardy-Homestake Zone on the Tudor Property.

Exploration of the Vardy Zone-Homestake Zone will focus on definition of several high-grade gold occurrences using surface trenching and exploratory drilling. The First Stage of the program will include surface trenching and a 13 hole -1600 metre drill program.

The Vardy Zone, situated in north section of the property has reported surface assays up to 22 g/t Au in sulphide bearing sheared and silicified mafic metavolcanic rock. Gold mineralization within the zone has been traced on surface over a distance of 5 kilometres. Historically, the gold mineralization has been tested only once by a single shallow, inclined drill hole which intersected 2.1 g/t Au across 1.3 metres.

Other significant gold-bearing structures on the Tudor Property occur within long zones of extensively altered and deformed mafic metavolcanic rock. The alteration/deformation zones represent shearing associated with the two major gold bearing faults crossing the property. The Vardy Zone, situated in north section of the property has reported surface assays up to 22 g/t Au in sulphide bearing sheared and silicified mafic metavolcanic rock. Gold mineralization within the zone has been traced on surface over a distance of 5 kilometres. Historically, the gold mineralization has been tested only once by a single shallow, inclined drill hole which intersected 2.1 g/t Au across 1.3 metres. Since drilling, numerous gold occurrences have been found along the shear zone including the discovery of native gold mineralization.

Activity will commence this summer, and extend thorough the fall.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are “forward-looking statements” that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Hidalgo Mining Internationals’ future plans. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Hidalgo Mining International to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks detailed in Hidalgo Mining Internationals’ periodic report filings with the Securities and Exchange Commission. Hidalgo Mining International undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Hidalgo Mining Internationals’ expectations.

    Contact:
    Investor Relations for Hidalgo Mining International
    Veronica D. Dunford, 310-729-1223
    hidalgo@clientservicesint.com

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