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Message: Heatherdale ramps up drilling at high-grade Niblack Project

Heatherdale ramps up drilling at high-grade Niblack Project

posted on Jan 11, 2010 09:58AM

Heatherdale Ramps Up Drilling at High-Grade Niblack Project

	    VANCOUVER, Jan. 11 /CNW/ - Heatherdale Resources Ltd. ("Heatherdale" or
the "Company") (TSXV: HTR) announces that drilling at the high-grade Niblack
copper-gold-silver-zinc project in southeast Alaska has resumed for 2010, and
will soon ramp up with the deployment of a second underground diamond drill
rig and crew.
	    Assay results from the first three holes (U029, 30 & 31) of an ongoing
25,000-foot drill program at Niblack were announced December 17, 2009; thick
intersections of high-grade copper-gold-silver-zinc mineralization have been
encountered. The 2009/2010 drill program, being led by Heatherdale in
collaboration with joint venture partner CBR Gold Corp., is focused on
expanding a new, high-grade mineral body discovered southwest of previously
known mineral resources in the Lookout Deposit. Lookout is one of six known
precious metals-enriched volcanogenic massive sulphide (VMS) deposits within
the approximately 10 square mile Niblack property.
	    "Drilling activity at Niblack resumed January 5 after a short hiatus and
will be accelerated before the end of the month with the addition of the
second underground drill rig," said Heatherdale President and CEO David
Copeland. "Initial assay results from the program confirm the new geological
modeling and belief that a major new zone of high-grade
gold-copper-silver-zinc mineralization lies to the southwest of the Lookout
Deposit. We look forward to announcing results from additional drill holes at
Niblack later this month."
	    Heatherdale completed a $14.4 million financing in November 2009 and
expects the drill campaign will be ongoing.
	    The Niblack VMS property is located 27 miles east of Ketchikan on
southeast Alaska's Prince of Wales Island. Given its exceptional geological
endowment and proximity to tidewater in a stable jurisdiction with a long
tradition of hardrock mining, Heatherdale believes Niblack has the potential
to support an important high-grade underground mining operation in the future.

	    Heatherdale Resources Ltd. is a Vancouver-based exploration and
development company focused on advancing the high-grade mine development
opportunity at the Niblack Project. The Company has the right to acquire up to
a 70% interest from CBR Gold Corp. Heatherdale is affiliated with the Hunter
Dickinson group, a private company associated with successful mineral
exploration and development projects around the world.

	    <<
	    On behalf of the Board of Directors
	    David Copeland
	    President and CEO
	    >>

	    Neither the TSX Venture Exchange nor its Regulation Services Provide (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

	    This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address exploration drilling,
exploitation activities and events or developments that the Company expects
are forward looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include market prices,
exploitation and exploration successes, continuity of mineralization,
uncertainties related to the ability to obtain necessary permits, licenses and
title and delays due to third party opposition, changes in government policies
regarding mining and natural resource exploration and exploitation, and
continued availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such statements are
not guarantees of future performance and actual results or developments may
differ materially from those projected in the forward-looking statements. For
more information on the Company, investors should review the Company's
continuous disclosure filings that are available at www.sedar.com.






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	    /For further information: on Heatherdale Resources Ltd., please visit the
Company's website at www.heatherdaleresources.com or contact Investor Services
at (604) 684-6365 or within North America at 1-800-667-2114/
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