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Sulliden Gold Corporation Ltd. ("Sulliden", the "Company") (TSX:SUE - News; OTCQX:SDDDF) is
pleased to report that Standard & Poor's has announced that Sulliden Gold will be added to the S&P/TSX Global
Mining Index and the S&P/TSX Global Gold Index effective at the open of
the TSX on Monday, December 20, 2010.
The S&P/TSX Global Mining Index is
designed to provide an investable index of global mining securities. The
S&P/TSX Global Gold Index is a subset of the S&P/TSX Global Mining
Index and is designed to provide an investable index of global securities
involved in the exploration and production of Gold.
About Sulliden
Sulliden is a Canadian-based mining company
focused on the exploration and development of its wholly owned Shahuindo Gold Project, located in Peru. This project is
located in one of the world's most prolific gold producing districts and is
home to world-class gold mines including Barrick
Gold's Lagunas Norte Mine, 30 km to the south, and
the Yanacocha Mine operated by Newmont Mining
Company, 80 km to the north; both million-ounce per year producing mines. A
positive Preliminary Assessment for the Shahuindo
Gold Project was completed in December 2009 and a Feasibility Study is
currently underway. While the Company progresses towards its goal of reaching
production in 2012, a significant focus is being placed on exploration
drilling to expand the mineral resource, which remains open in all directions
and at depth. Sulliden is led by a strong
management team with the proven ability to develop, finance and operate
mining projects and is poised to generate superior value for its
shareholders.
On behalf of Sulliden
Gold Corporation Ltd.
Peter Tagliamonte,
President and CEO
Stan Bharti,
Chairman
If you would like to be added to Sulliden's news distribution list, please send your email
address to contact@sulliden.com.
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 effect of the appointment on the future
financial or operating performance of the Company, the size and quality of
the company's mineral resources, progress in development of mineral
properties, future capital and operating expenses, capital and mine
production costs, future metal prices and treatment and refining charges. The
future financial or operating performance of the Company, the prospective
mineralization of the properties and planned exploration programs, 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.
Contact:
Caroline Arsenault
Sulliden Gold Corporation
Investor Relations Manager
(416) 861-5805 |
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