Yellowhead Mining Announces 2011 Financial and Operational Results

Yellowhead Mining Inc.(TSXV:YMI) reported its results from the Harper Creek project and financial results ending Oct 31, 2011.

Highlights include:

• Completed a reverse takeover of Four Points Capital Corp. and became a Tier 1 listed company on the TSX Venture exchange;
• The Feasibility Study for a 70,000 tpd copper mine is on target for completion by the end of March 2012;
• In support of the Feasibility Study and to expand the resource, the Company has completed a total of 15,148 metres of drilling for the year including:
• Resource confirmation: 33 holes for a total of 8,191m
• Condemnation: 8 holes for a total of 1,791m
• Resource expansion: 11 holes for a total of 4,725m
• Metallurgical sampling: 4 holes for a total of 441m;
• In order to finance the development of its 100%-owned Harper Creek project, the Company is exploring financing options, including but not limited to: strategic investors and/or partnerships, project and equipment financing and off-take agreements.

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