Post by
RoyalBlue on Aug 31, 2010 11:39am
Sulliden Ramps Up Exploration Activities on Shahui
TORONTO, ONTARIO, Aug 31, 2010 (MARKETWIRE via COMTEX) --Sulliden Gold Corporation Ltd. is pleased to announce that four drills are nowoperating on the Shahuindo property in Peru to advance the largestand most extensive drilling program ever conducted on the site. Sulliden is currently undertaking a 30,000 meter explorationcampaign, planned for completion by the end of 2010. The program wasinitiated in late July (see July 20, 2010 press release) with onedrill and the Company has since added an additional three rigs toaccelerate exploration activities. An updated NI 43-101 ResourceEstimate will be prepared in conjunction with the Feasibility Study,currently underway by Kappes, Cassiday & Associates of Reno, Nevada.These reports are expected in the first quarter of 2011.