Hi Ho Silver Resources Inc. has optioned a major land position totaling 1,650 hectares in the Chibougamau Mining District of North Western Quebec, Canada. Two contiguous properties, the Beaurox property comprising 28 unpatented mining claims covering approximately 1000 Ha, and the Norbeau property covering 637 Ha in two claim groups, both located in McKenzie Township, have been optioned by the company from two separate owners. Beaurox Property The Beaurox option allows Hi Ho to acquire a 100% interest in the Beaurox property, subject to a 2.5% NSR royalty, requires annual cash payments, annual advance royalty payments, periodic issuances of stock, and work commitments until commercial production is attained.