TORONTO, March 14, 2013 /CNW/ - 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 17th, 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.:
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Peter Tagliamonte
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Justin Reid
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Chairman & CEO
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President
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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.
