Oregon's Malheur County Court Supports Grassy Mountain Project

VANCOUVER, Feb. 6, 2012 /CNW/ - Calico Resources Corp. (TSX-V: CKB, OTCQX: CVXHF) (the "Company" or "Calico") is pleased to report that the Malheur County Court has passed a resolution in support of Calico and its Grassy Mountain Project as follows:

"NOW THEREFORE, BE IT RESOLVED by the Malheur County Court, that the Malheur County Court supports Calico Resources in its work on the Grassy Mountain gold mining project as it works toward diversifying Malheur County's economic base, creates jobs and engages in the permitting process of DOGAMI and other stakeholders."

In so doing, the Malheur County Court reiterated "the long-standing policy of the State of Oregon, which is set out, in part, as follows: "It is the policy of the State of Oregon to recognize the important and essential contribution that the extraction of minerals makes to the economic well-being of the state and the nation………. "ORS 571.760"".

"We are both honored and pleased by the support Calico has received from the people and leadership of the local community, county and state.  This clarity of support provides Calico with increased confidence in its ability to progress the project to development in a timely and environmentally sound manner." said Bill Wagener, President and CEO.

The full Resolution is available on the Malheur County Court website and on the Company's website at www.calicoresources.com

On behalf of the Board,

William S. Wagener
President and CEO

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

SOURCE Calico Resources Corporation

For further information:

Terri Anne Welyki
Vice-President of Corporate Development
(604) 681-6855

Profil de l'entreprise

Calico Resources Corporation

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