Stock Symbol: SGF: TSX
SASKATOON, Feb. 2 /CNW/ - George H. Read, P. Geo., Senior Vice President
Exploration and Development, is pleased to announce the commencement of the
Community Open House meetings conducted by Shore in furtherance of the Star -
Orion South Project Proposal (SGF News Release November 3, 2008).
The Environmental Impact Assessment process is an important component of
the Project Proposal and is designed to gather input from the surrounding
communities regarding environmental, social and economic issues, and will
contribute to the preparation of an Environmental Impact Statement. The Open
House meetings will provide the public with the opportunity to review Shore's
proposal for diamond mining in the Fort à la Corne region. These meetings are
intended to show people of the area what potential diamond mining will entail
to ensure an awareness of the impacts. This series of meetings is part of the
process to gather meaningful input from the public as part of the regulatory
process to ensure that the public's concerns about the Project are
incorporated into the final mining plan.
The Open House meetings are being held in Smeaton (February 2), Nipawin
(February 3), Melfort (February 4) and Prince Albert (February 5). All Open
House meetings will be held from 3:00 to 8:00 p.m.
The Open House meetings will include a number of displays, handouts,
maps, as well as a Star-Orion South mining simulation video. Stations
dedicated to geology, environment, the economy, and mining will be available
to visit. Shore will have subject matter experts in attendance to staff the
displays, answer questions and record comments.
Senior Vice President Exploration and Development, George Read, states:
"These Open House meetings are an important component of our Project Proposal
and will assist us in critical decision making as we move our Projects toward
a production decision. All members of the public are invited to attend and we
look forward to meeting with them and gathering their input."
The Project Proposal and additional information about the Open House
meetings are available under the "Community" heading on the Shore website:
Shore is a Canadian based corporation engaged in the acquisition,
exploration and development of mineral properties. Shares of the Company trade
on the TSX Exchange under the trading symbol "SGF".
Caution Regarding Forward-Looking Statements
From time to time, Shore makes written or oral forward-looking statements
within the meaning of certain securities laws, including the "safe harbour"
provisions of the Ontario Securities Act and the United States Private
Securities Litigation Reform Act of 1995. Shore may make such statements in
this press release, in other filings with Canadian regulators or the United
States Securities and Exchange Commission, in reports to shareholders or in
other communications. These forward-looking statements include, among others,
statements with respect to Shore's objectives for the ensuing year, our medium
and long-term goals, and strategies to achieve those objectives and goals, as
well as statements with respect to our beliefs, plans, objectives,
expectations, anticipations, estimates and intentions. The words "may,"
"could," "should," "would," "suspect," "outlook," "believe," "plan,"
"anticipate," "estimate," "expect," "intend," and words and expressions of
similar import are intended to identify forward-looking statements. In
particular, statements regarding Shore's future operations, future exploration
and development activities or other development plans contain forward-looking
All forward-looking statements and information are based on Shore's
current beliefs as well as assumptions made by and information currently
available to Shore concerning anticipated financial performance, business
prospects, strategies, regulatory developments, development plans,
exploration, development and mining activities and commitments. Although
management considers these assumptions to be reasonable based on information
currently available to it, they may prove to be incorrect.
By their very nature, forward-looking statements involve inherent risks
and uncertainties, both general and specific, and risks exist that
predictions, forecasts, projections and other forward-looking statements will
not be achieved. We caution readers not to place undue reliance on these
statements as a number of important factors could cause the actual results to
differ materially from the beliefs, plans, objectives, expectations,
anticipations, estimates and intentions expressed in such forward-looking
statements. These factors include, but are not limited to, developments in
world diamond markets, changes in diamond valuations, risks relating to
fluctuations in the Canadian dollar and other currencies relative to the US
dollar, changes in exploration, development or mining plans due to exploration
results and changing budget priorities of Shore or its joint venture partners,
the effects of competition in the markets in which Shore operates, the impact
of changes in the laws and regulations regulating mining exploration and
development, judicial or regulatory judgments and legal proceedings,
operational and infrastructure risks and the additional risks described in
Shore's most recently filed Annual Information Form, annual and interim MD&A
and short form prospectus, and Shore's anticipation of and success in managing
the foregoing risks.
Shore cautions that the foregoing list of factors that may affect future
results is not exhaustive. When relying on our forward-looking statements to
make decisions with respect to Shore, investors and others should carefully
consider the foregoing factors and other uncertainties and potential events.
Unless otherwise required by applicable securities legislation, Shore does not
undertake to update any forward-looking statement, whether written or oral,
that may be made from time to time by Shore or on our behalf.
For further information:
For further information: Eric Cline, Vice President, Corporate Affairs,
at (306) 664-2202