Hillsborough Resources to acquire 11 coal properties in Canada
Hillsborough Resources signs a Letter of Intent to buy 11 coal licences covering about 38 500 hectares from Aurora Coals and Minerals Inc. The portfolio includes Murray River Group near Quintette, Reesor near the Wolverine River rail line, and Bullmoose and Wapiti near Tumbler Ridge. Initial exploration funds are raised, with a February to April 2005 drill plan for Five Cabin Syncline Five Cabin Syncline.