SALT LAKE CITY, Nov. 12, 2004 (PRIMEZONE) -- Capital Hill Gold Inc. (the "Company") (OTCBB:CAGI) advises its shareholders that it has not in the past or otherwise approved any newsletters, emails or fax blasts from any "third parties". Specifically, the Company confirms that it has not authorized or prepared any information that has been used in a recent "fax blast" with the heading "UNDERVALUED STOCKS". The Company is pursing with vigor these third parties and expects to be able to stop the misuse of information by legal action if necessary.
To file a complaint, go to www.fcc.gov/cgb/complaints.html or call 1-888-225-5322.
Management continues to pursue a financing to facilitate the Company's on-going exploration program.
Capital Hill Gold, Inc. is a precious metal exploration and development company that owns an option on the Mexican "Hat" claims. Under this option, the Company may acquire 42 mineral unpatented claims (claim name Victor 1- 42 inclusive) and the NE & NW half of Section 9, and the surface rights with an option to purchase surface rights (453 acres) on Section 4 located in Cochise County Arizona.
The results of the Company's recent drilling and trenching programs on the "Mexican Hat" are available for review at www.capitalhillgold.com.
On Behalf of the Board, KENT CARASQUERO Secretary, CFO
Statements contained in this press release, which are not historical facts, are forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release and other factors discussed in the Company's filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements.