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Sulliden provides update on Shahuindo Project permitting



           Sulliden provides update on Shahuindo Project permitting

PR Newswire

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.

About Sulliden

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
visit www.sulliden.com.

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.

Contact:

Investor Contact

Toronto, Canada
65 Queen Street West, Suite 800
Toronto, Ontario M2H 2M5

Caroline Arsenault
Investor Relations Manager
Telephone: +1 416 861-5805
Email: info@sulliden.com

Lima, Peru
Calle San Martín 845, oficina 201
Miraflores - Lima 18

Javier Fernandez-Concha Stucker
Peru Country Manager
Telephone: 511 651-2500
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