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.
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.
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.
SOURCE Curis Resources Inc.
For further information:
For further details on the Company and Curis Resources Ltd. please visit www.curisresources.com or contact Susie Bell, Manager of Investor Relations, at (604) 684-6365 or within North America at 1-800-667-2114.