Darwin obtains environmental approval for La Puerta drill program
VANCOUVER, March 12, 2013 /CNW/ - Darwin Resources Corp ("Darwin" or the "Company") (TSXV: DAR) (OTCPK: DARWF) (Frankfurt: DWU): Graham Carman, President & CEO, is pleased to announce that Darwin has obtained formal approval for its Declaration of Environmental Impact (DIA) for 12 drill platforms at the La Puerta area, Suriloma gold project, in the Department of La Libertad, Peru.
Dr Carman states: "The approval of the DIA is a key step towards commencing the Company's maiden drill program at La Puerta. We are excited by the potential of the property given the extensive gold oxide mineralization in the surface outcrops. The Company is looking forward to commencing the drilling at La Puerta as soon as the Authorization to Initiate Activities (AIA) is approved, which we expect will be May 2013. "
The approved Declaration of Environmental Impact (DIA) addresses all aspects of the drilling project requested by the Peruvian environmental authorities including an environmental base line study, proposed exploration program, definition of directly and indirectly impacted surface areas, a citizen participation plan, and the environmental managing and closing plan for the drill sites. The program can be extended to 20 drill platforms with a relatively simple modification process.
A Permit for Temporary Use of Water for Mining Use (PUA) was submitted to the local water authority and is expected to be granted in March.
Pursuant to a new Ruling passed in June 2012, an Authorization to Initiate Activities (AIA) has now been submitted to the authorities in Lima, attaching formal evidence of the approval of the DIA and of the execution of surface use agreements entered between Darwin and the owners of the surface ground affected by its proposed drilling activities. The Company expects formal approval to be given within 6-8 weeks, at which time a 2,000 metre diamond drill program will immediately commence.
The qualified person, Dr Graham Carman, Darwin's President and CEO, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release.
About Darwin Resources Corp (TSXV:DAR) (OTCPK:DARWF) (Frankfurt:DWU):
Darwin is a resource acquisition and development company focussing on Peru, with an option to acquire 100% of the Suriloma epithermal gold property in the Department of La Libertad in northern Peru.
On behalf of the Board,
Dr Graham Carman, President & CEO
Forward Looking Statements This Company News Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, failure to successfully complete intended financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world metal markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates or metal recoveries, success of future development initiatives, competition, operating performance, environmental and safety risks, delays in obtaining or failure to obtain necessary permits and approvals from local authorities, and other development and operating risks. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Although Darwin believes that assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.
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