CURIS RESOURCES LTD. TO LIST ON THE TORONTO STOCK EXCHANGE
11 Aprile 2011 - 2:30PM
PR Newswire (Canada)
VANCOUVER, April 11 /CNW/ -- VANCOUVER, April 11 /CNW/ - Curis
Resources Ltd. ("Curis") announces that it has received conditional
approval to list the Company's common shares on the Toronto Stock
Exchange ("TSX"). Commented President & CEO Michael McPhie,
"The management and directors of Curis are pleased to have advanced
Curis toward a listing on the Toronto Stock Exchange. This
will increase the exposure of the Company to a broader investment
market and provide greater awareness and recognition of our
flagship Florence Copper Project." "We are well positioned to
achieve our corporate goals of establishing the Company and the
Florence Copper Project as a near term next-generation copper
producer," confirmed McPhie. "Following completion of a feasibility
study and project permitting, anticipated in Q4 of this year, we
are planning to drill and activate an initial in-situ copper
recovery (ISCR) well-block and construct and commission a pilot
scale SX-EW plant to produce 99.999% pure copper cathode at the
Florence Copper Project site. We initiated the formal process
to amend and update the existing operational permits for Florence
earlier this year. The review and consideration of the
amendment applications submitted by the Company to the Arizona
Department of Environmental Quality (ADEQ) and the Environmental
Protection Agency (EPA) are now moving forward as anticipated."
"The Florence Copper Project represents a unique high value
opportunity to bring on-line what is anticipated, based on the
results of our 2010 Preliminary Economic Assessment (see news
release dated November 25, 2010), to be one of the lowest cost pure
copper producers in a stable jurisdiction in the world at a time
when copper markets continue to strengthen," said McPhie.
"Curis has achieved many important milestones since becoming a
public company in late 2010. The advancement of the company
to a listing on the TSX represents another key step in the building
and development of Curis into well recognized near-term copper
producer." About Curis Resources Ltd. Curis
Resources Ltd. is a mineral development company, the major
shareholder of which is Hunter Dickinson Inc. (HDI). Curis is
focused on the acquisition, development and operation of
high-quality next-generation copper properties in progressive
jurisdictions around the world. It is currently focused on
advancing its 100% owned Florence Project in Arizona USA to
production. For more project-level information, sign up for the
Florence Copper Projects' e-Newsletter. About HDI Hunter Dickinson
Inc. (HDI) is a diversified, global mine development company with a
25-year history of mineral development success. From its head
office in Vancouver, Canada, HDI applies its unique strengths and
capabilities to acquire, develop, operate and monetize mineral
properties that provide consistently superior returns to
shareholders. Michael McPhie President & CEO Neither the TSX
Venture Exchange nor its Regulation Services Provide (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. This
release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration
drilling, exploitation activities and events or developments that
the company expects are forward-looking statements. Although the
Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results
to differ materially from those in forward-looking statements
include market prices, exploitation and exploration successes,
continuity of mineralization, uncertainties related to the ability
to obtain necessary permits, licenses and title and delays due to
third party opposition, changes in government policies regarding
mining and natural resource exploration and exploitation, and
continued availability of capital and financing, and general
economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance
and actual results or developments may differ materially from those
projected in the forward-looking statements. For more information
on the Company, investors should review the Company's continuous
disclosure filings that are available at www.sedar.com. To view
this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/April2011/11/c2941.html
p For further details on the Company and Curis Resources Ltd.
please visit a
href="http://www.curisresources.com"www.curisresources.com/a or
contact bSusie Bell, Manager of Investor Relations/b, at (604)
684-6365 or within North America at 1-800-667-2114. /p
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