TORONTO, ONTARIO, Oct. 7, 2009 (Marketwire) -- Sulliden Exploration Inc. ("Sulliden") (TSX:SUE) will host a conference call to update shareholders today, Wednesday October 7th, at 10:00 a.m. E.T, which will be moderated by Peter Tagliamonte. An archived audio recording will be available on the Company website following the call.
Date: Wednesday, October 7th, 2009
Time: 10:00 a.m. E.T
Local dial-in number: 416-695-7806
Toll free dial-in number: 888-789-9572
Participant code: 3035083
Sulliden is a Canadian-based gold exploration and development company focused on its wholly-owned Shahuindo Gold Project located in northern Peru. World-class gold mines in the region include 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.
In March 2009, the five-year legal dispute that disrupted the Shahuindo Gold Project was resolved. With the current resolution, Sulliden now holds 100 percent registered and undisputed ownership of the Shahuindo property and has secured exploration options on sixteen adjoining mining concessions.
A Preliminary Economic Assessment for the Shahuindo Gold Project, conducted by AMEC, is scheduled for completion in November 2009 and the Company continues strategic site exploration in and around the area with the objective to further define, expand and delineate the ore body. Sulliden is led by a strong management team with the proven ability to develop, finance and operate mining projects and is uniquely positioned to generate superior value for its shareholders.
On behalf of Sulliden Exploration Inc.,
Peter Tagliamonte, President and CEO
Stan Bharti, Chairman
Cautionary Note Regarding Forward-Looking Information:
Statements in this release that are not historical facts are "forward-looking information" within the meaning of applicable securities law. Forward-looking information typically contain words such as "anticipate", "plan", "expect", "potential", or similar words suggesting future outcomes and include, without limitation, statements regarding the impact of management and board appointments; future performance of management and the board; the Company's operational plans; corporate strategy; and the availability of acquisition opportunities. There can be no assurance that such information will prove to be accurate; actual results and future events could differ materially from such information. Factors that could cause actual results to differ materially include, among others, commodity prices, third party risks, acquisition risks, risks inherent in the mining industry, licensing risks, financing risks, regulatory risks and environmental concerns. Investors are cautioned not to place undue reliance on forward-looking information.