Sulliden provides update on Shahuindo Project permitting
TORONTO, March 14, 2013
TORONTO, March 14, 2013 /PRNewswire/ - Sulliden Gold Corporation Ltd.
("Sulliden", or the "Company") (TSX: SUE) (BVL: SUE) (OTCQX: SDDDF) provides
the following permitting update for its Shahuindo Project in Peru.
Sulliden is pleased to report that on March 13, 2013, it successfully held and
completed the final public audience as part of the Environmental and Social
Impact Assessment ("ESIA") process. The meeting was moderated by the Federal
Ministry of Energy and Mines ("MINEM") and all stakeholders were invited to
participate. The Company had strong community participation with well over
2,000 attendees. The completion of this public meeting marks the last required
step prior to the ESIA approval.
Sulliden would like to express its sincere gratitude to all the communities
and participants who attended the assembly. The Company greatly values the
input and continued participation of all its stakeholders.
On December 17^th, 2012, Sulliden submitted its Environmental and Social
Impact Assessment to the MINEM as part of the permitting process for its
Shahuindo project. The ESIA was the result of over 18 months of technical
studies, including a comprehensive water management plan, the feasibility
study, archeological studies, flora and fauna studies, mine closure planning,
social baseline studies, and results from several months of public
consultations with local communities, which were conducted by the DREM
(Regional Direction of Energy and mines, Cajamarca) on behalf of the MINEM.
Following the approval of the public consultation process, the MINEM scheduled
the final public audience on March 13, 2013, at the Shahuindo site.
Sulliden Gold Corporation Ltd. is a Canadian development-stage company focused
on bringing to production its low-cost gold and silver project located in a
prolific gold belt in northern Peru. Since 2009, the Company has delivered two
mineral resource updates, completed a Preliminary Economic Assessment and
Feasibility Study, and is now in the advanced stage of permitting. Sulliden is
listed on the Toronto (TSX) and Lima (BVL) stock exchanges under the symbol
"SUE", as well as the premier tier of the U.S. Over-the-Counter (OTC) market
(OTCQX) under the symbol "SDDDF". For more information about Sulliden, please
On behalf of Sulliden Gold Corporation Ltd.:
Peter Tagliamonte Justin Reid
Chairman & CEO President
Caution regarding forward-looking information:
This press release contains "forward looking information" within the meaning
of applicable Canadian securities legislation. Forward looking information
includes without limitation, statements regarding the impact of the public
audience on the permitting process and the expected timing and likelihood of
success, the size and quality of the company's mineral resources, progress in
development of mineral properties, future capital and operating expenses,
future metal prices, the future financial or operating performance of the
Company, the prospective mineralization of the properties, planned exploration
programs and anticipated production schedule. Generally, forward looking
information can be identified by the use of forward-looking terminology such
as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". Forward-looking information is
subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements of
the Company to be materially different from those expressed or implied by such
forward-looking information, including but not limited to: general business,
economic, competitive, geopolitical and social uncertainties; the actual
results of current exploration activities; other risks of the mining industry
and the risks described in the annual information form of the Company.
Although the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that
such information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward looking
information. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.
SOURCE Sulliden Gold Corporation Ltd.
65 Queen Street West, Suite 800
Toronto, Ontario M2H 2M5
Investor Relations Manager
Telephone: +1 416 861-5805
Calle San Martín 845, oficina 201
Miraflores - Lima 18
Javier Fernandez-Concha Stucker
Peru Country Manager
Telephone: 511 651-2500
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