Deer Horn Metals announced that it has received results from a 10-day prospecting program completed on the Deer Horn property, located in West Central British Columbia approximately 36 kilometers south of the Huckleberry Mine. The helicopter-supported program took place from September 9 - 19, 2012. It evaluated several gossanous areas and ground-truthed a number of geophysical anomalies that were identified during a detailed assessment of 2011 airborne magnetic and radiometric survey data.

Prospecting also evaluated the potential western extension of the Main Vein and Contact Zone gold-silver-tellurium vein system and areas in the vicinity of historic Harrison tungsten mineral occurrence. A total of 98 samples were collected and analyzed. Sampling of discrete veins in the Saddle, New Vein, Pry Bar and New West zones, returned numerous high-grade silver-tellurium values with lower grade gold values.

Individual quartz- polymetallic sulphide veins locally exceed 1.4 m in thickness and are typically moderately south dipping. They primarily occur within foliated diorite or within a broad quartz-sericite alteration zone above a fault contact between the diorite and underlying clastic sedimentary rocks. Samples grade up to 633 g/t Ag, 0.92 g/t Au and 357 g/t the and are typically elevated in copper, lead and zinc. Several of the Saddle zone samples also returned high bismuth values (up to 1240 ppm Bi).

The four zones cover a strike length of more than 900 metres. The westernmost veins at the Pry Bar and New West zones crop out on steep north-facing slopes and continue west beneath large patches of snow pack. These new vein exposures bring the overall strike length of the Deer Horn vein system to more than 2,400 m. Sampling of newly recognized tungsten mineralization from the historic Harrison Scheelite occurrence, centered approximately 680 m southwest of Lindquist Peak, produced encouraging results.

Composite chip samples were collected from bedrock exposures that included bands of disseminated scheelite crystals within calc-silicate altered tuffaceous limy siltstones. Samples grade up to 4750 ppm W (0.60% WO3). The style of mineralization is similar to that observed in the footwall of the Contact Zone.

Several 2011 drillholes, collared more than 650 m to the east of the 2012 surface showings, intersected scheelite-bearing, calc-silcate altered limy volcanic sediments, including DH11-119 that encountered 3.00 m averaging 0.23% WO3. The new showings also occur upslope and at least 170 m northwest of the areas trenched in 2011 where sample results included 6 m averaging 1.08% WO3. The H-Spot zone is a new 2012 discovery.

It consists of potassic-altered granodiorite containing coarse aggregates of pyrite and, locally, bands and patches of intergrown magnetite-chalcopyrite. Samples collected from this zone produced results as high as 4240 ppm Cu and 6.6 g/t Ag. The nearby Pond zone and Pond North zone consist of bleached and pyrite-altered diorite and intermediate volcanics, respectively.

These pyritic rocks were not elevated in base or precious metals, but may represent elements of an alteration system that flank a hidden porphyry copper system.