TORONTO, April 28, 2014 /CNW/ - In connection with a continuous disclosure review by the Ontario Securities Commission (the "OSC"), Chieftain Metals Corp. ("Chieftain" or the "Company") (TSX: CFB) has amended its 2013 Annual Information Form dated December 27, 2013 (the "AIF") in order to enhance certain technical disclosure points. The revised AIF is available under the Company's SEDAR profile at www.sedar.com.
In addition, and at the OSC's request, the Company withdraws the disclosure it made in a corporate presentation at a conference in January 2014 where the Company disclosed estimated net asset value figures of its Tulsequah Chief project based on established mineral reserves as well as potential net asset value increase based on a sensitivity of its established mineral reserve following future exploration plans.
About Chieftain Metals
Chieftain Metals Corp. is a public holding company, whose principal business is the acquisition, exploration and development of mineral properties. The Company's business has focused on the development of the shovel ready, high-grade Tulsequah deposit located in north-western British Columbia, Canada. Chieftain's properties consist of 59 mineral claims and Crown-grants covering approximately 32,403 hectares and covers two previously producing mines.
SOURCE: Chieftain Metals Inc.
For further information: Victor Wyprysky, President & CEO, Tel: (416) 479-5411, Email: firstname.lastname@example.org; Pompeyo Gallardo, Chief Financial Officer, Tel: (416) 479-5412, Email: email@example.com