VANCOUVER, April 2, 2013 /CNW/ - Curis Resources Ltd. (TSX: CUV) ("Curis" or the "Company") acknowledged today a vote by the Florence Town Council at a regularly scheduled Council meeting on April 1, 2013 to rescind Town Ordinance No. 583 - 12 concerning the use and storage of sulfuric acid within town limits.
"We would like to acknowledge the decision by the Mayor and Council of the Town of Florence to rescind this Ordinance," commented Rita Maguire, Senior Legal and Government Affairs Advisor to the CEO and Board of Directors of Curis. "We appreciate the willingness of Town staff and the Council to work with the company management and representatives to achieve this outcome and look forward to building on this action in the future around areas of mutual interest."
"The removal of this Ordinance allows the company to continue preparations for the start of construction and operations of the Phase 1 Production Test (PTF) facility, allowing the Company to demonstrate the safe operation of in-situ techniques and water safeguards," stated Dan Johnson, Vice President, Environment and Technical Services and General Manager with Curis in Arizona. Johnson added, "Curis is awaiting approval from the Environmental Protection Agency (EPA) for an Underground Injection Control (UIC) permit for the Florence Copper Project PTF. We anticipate the EPA will issue the final operating permit for the PTF in the near future."
"We look to this decision as a positive first step towards building a more constructive relationship between Curis and the Town of Florence" commented Michael McPhie, President and CEO of Curis. "We remain committed to an open and transparent dialogue with the residents and the Town and look forward to the opportunity to continue to invest in the community, provide meaningful employment opportunities for locals and contribute to the quality of life of Florence, Pinal County and the State of Arizona."
On August 6, 2012, the Florence Town Council enacted Ordinance 583-12 declaring "[i]n-situ mining and other businesses which utilize large quantities of sulfuric acid" to be a nuisance and a "nauseous, offensive and unwholesome business". Under the Ordinance, any person conducting a business, except agriculture, utilizing 50-gallons or more of sulfuric acid within any 30-day period is guilty of a class 1 misdemeanor with each day such business operates chargeable as a separate offense. The ordinance included an emergency clause making it immediately effective.
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 Copper Project in Arizona, USA to near-term production.
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President & CEO
No regulatory authority has approved or disapproved of the information contained in this news 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 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, approvals, licenses and title on a timely basis and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, the final outcome of any lawsuits, the 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 Ltd.
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