International Samuel Exploration Corp. Acquires Harry Davis and Silver Spade Projects near Houston, BC
888-700 West Georgia Street Vancouver B.C. V7Y 1G5
International Samuel Exploration Corp. Acquires Harry Davis and
Silver Spade Projects near Houston, BC
November 23, 2017: Vancouver, BC Canada - International Samuel Exploration Corp. (TSX-V:
ISS) (the “Company”) is pleased to announce that it has acquired the Harry Davis and Silver Spade
Projects near Houston, BC (the “Projects”).
Highlights:
● Positions International Samuel Exploration Corp. in a n historic silver -focused exploration district
enhanced by a recent discovery announced by New Nadina Explorations.
● Delivers multiple mineral showings through the Harry Davi s project in close proximity to
infrastructure and access provided by the town of Houston, British Columbia.
● Newly acquired Silver Spade project is adjacent to tenure held by Teck Resources and Roughrider
Exploration.
“The Harry Davis and Silver Spade properties provide the Company’s shareholders with immediate
exposure to an emerging silver exploration district attracting significant market interest. Together, they
offer International Samuel Exploration near-term exploration opportunities with defined targets . Our
extensive work this past summer to consolidate a significant Golden Triangle tenure portfolio, including
the LGM Gold Project, will form the foundation for our 2018 exploration activities, which can now be
complemented by the year -round access afforded through these new exploration properties ,” stated
Conrad Swanson, Chairman of the Company.
About the Harry Davis Project
The Harry Davis Project (“Harry Davis”) consists of two non-contiguous mineral claims totalling 94.06
hectares acres. The project tenure is underlain by Lower Jurassic Hazelton Grou p volcanics (Telkwa
Formation), which is in turn comprised of a sequence of amygdaloidal basalt, maroon to green andesite,
tuff, rhyolitic tuff, crystal tuff, lithic tuff and breccia. Bedrock exposures consist of dark brown basalt
with minor breccia and maroon dacitic tuff breccias which have undergone r egional metamorphism (see
MIN FILE No 093L 204).
The project covers two historic mineral showings, being the Westgarde and Harry Davis showing s.
The Westgarde showing consists of mineralization in basalt near the Westgarde excavation. Chip samples
over 44 metres in 1970 assayed 0.96 per cent copper and 113 grams per tonne silver (see MIN FILE No
093L 204).
The Harry Davis showing is a silver -gold-copper subvolcanic exploration target. Quartz -calcite and
quartz veins occur along shear planes and fractures with associated epidote and chlorite. Malachite,
azurite and bornite are reported as occurring in the fractured Hazelton andesite (see MIN FILE No 093L
214).
About the Silver Spade Project
The Silver Spade Project (“Silver Spade”) consists of one mineral claim comprising approximately
263.86 hectares acres and is located 8 km south of Houston, BC. The project is situated roughly
equidistance between the New Nadina discovery and the past-producing Silver Equity mine, being 30 km
due north of the New Nadina and approximately 36 km northwest of the former Equity Silver Mine. The
Silver Spade Project shares a contiguous property border with Teck Resources Ltd. along its western
claim border and with the recently announced Silver Ace Project (“Silver Ace”) acquired by Roughrider
Exploration Limited (“Roughrider Exploration”) (see Roughrider Exploration news release dated
November 16, 2017) alongside the south and east claim boundaries of the property.
Exploration Plans and Terms
Reflecting market interest in the area, the Company intends to evaluate near-term silver and copper
focused exploration programs at the Silver Spade and Harry Davis projects.
The Company acquired the projects in exchange for the cash payment of certain tenure acquisition fees
and the granting of a 2% gross royalty. No finders fees are payable.
Qualified Person
Technical disclosure in this news release has been reviewed and approved by Derrick Strickland P.Geo., a
Qualified Person as defined by National Instrument 43-101.
The technical information present above is historical in nature from previous operators and locations of
the known showing have not been verified by ISS. The M IN FILE database reports that both of these
showings have an error +/- 500 m which may place them off the current claims configuration.
ON BEHALF OF THE BOARD OF DIRECTORS
“Conrad Swanson”
Conrad Swanson
Chairman
For further information, please contact:
International Samuel Exploration Corp.
Telephone: 604-317-3090
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.
Forward-looking information
Certain statements in this news release constitute “forward -looking” statements. These statements relate to future events or t he Company’s
future performance, as described in the above news release. All such statements involve substantial known and unknown risks, uncertainties and
other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking
statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or result s, and they will not
necessarily be accurate indications of whether or not such resul ts will be achieved. Actual results could differ materially from those anticipated
due to a number of factors and risks. Although the forward -looking statements contained in this news release are based upon what management
of the Company believes are reas onable assumptions on the date of this news release, the Company cannot assure investors that actual results
will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date
hereof and the Company disclaims any intention or obligation to update or revise any forward -looking statements whether as a result of new
information, future events or otherwise, except as required under applicable securities regulations.