Curis Receives Key Letter Of Support For The Florence Copper Project From Arizona State Land Department

VANCOUVER, Sept. 6, 2011 /CNW/ - Curis Resources Ltd. (TSX: CUV) ("Curis" or the "Company") received a key letter of support recently from Arizona State Land Commissioner Maria Baier in relation to the development of the Florence Copper project.

In a letter dated August 24th, 2011 the State Land Commissioner concluded that:

"…the ASLD, whose mission is to manage State Trust lands and resources to enhance the value and optimize economic return for Trust beneficiaries, has no objection to the FCP (Florence Copper Project) from an environmental perspective, and does see a clear benefit to the Trust from revenue generated through its mining operations and subsequent reuse made possible through sound mining and reclamation practices."

"We welcome the support and leadership that has been shown here by Commissioner Baier" commented Michael McPhie, President and CEO of Curis.  "After many months of technical review and meetings with our team in Arizona, the Arizona State Land Department (ASLD) has concluded that the development of the Florence Copper Project is the highest and best use of the land.  This is a key step in the approval and permitting process for the project and is an important part of preparing the ground for the start of development early in 2012."

Curis holds the rights to a 160 acre Mineral Lease issued by the ASLD.  That lease covers a little over half of the known 2.84 billion pound Measured and Indicated copper oxide resource1 located in Florence, Arizona.  The remaining 1,182 acres of land that is owned by Curis is private patented land.

"Curis continues to make good progress in securing all the required environmental and related approvals needed for the development of the Florence Copper Project" said McPhie.  "The State Land support indicated in this letter helps to validate our work to date and clearly recognizes the positive steps our engineering and development team have taken to design a world class, environmentally sustainable copper recovery project.  Our goal now is to secure the remaining state, federal and local permits and approvals required to advance the project to near term development."

A full copy of the letter from Commissioner Baier can be viewed on the Company's project web site at www.florencecopper.com

Project Update

As was recently disclosed (see July 20 and August 16, 2011 Curis Press Releases) Florence Copper is an advanced stage in-situ copper recovery project with an anticipated start of construction and development in early 2012.  In addition to project permitting and approvals process, the company continues to advance engineering and optimization studies as a lead up to the completion of a feasibility study.. 

About Curis

Curis Resources Ltd. is a mineral development company associated with Hunter Dickinson Inc., a diversified global mining company with a 25-year history of mineral development success.  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.

Michael McPhie
President & CEO

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 fluctuations in market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary environmental, land use and other permits, licenses, approvals, rezoning, and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, 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.

Information Concerning Estimates of Measured and Indicated Resources
This news release uses the terms "measured resources", "indicated resources" and "inferred resources". The Company advises investors that although these terms are recognized and required by Canadian regulations (under National Instrument 43-101 Standards of Disclosure for Mineral Projects), the U.S. Securities and Exchange Commission does not recognize them. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.


1 Estimated Measured and Indicated mineral resources of 429.5 million tons grading 0.331% total copper (TCu) at a 0.05%TCu cut-off (for further details see November 25, 2010 Curis Press Release).

SOURCE Curis Resources Ltd.

For further information:

For further details on the Company, please visit www.curisresources.com or contact:

Susie Bell
Manager, Investor Relations
Tel:  604-684-6365
Within North America: 1-800-667-2114
Email:  Susiebell@hdimining.com

Profil de l'entreprise

Curis Resources Ltd.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.