VANCOUVER, Feb. 28, 2013 /CNW/ - Following the release of a positive Prefeasibility Study demonstrating the economic and technical viability of the Florence Copper in-situ recovery project in central Arizona, Curis Resources Ltd. ("Curis" or the "Company") (TSX: CUV) is pleased to present its new corporate video Changing the Way Copper is Made to shareholders and project stakeholders.
The video outlines the process of in-situ copper recovery (ISCR), how the Phase 1 production test facility (PTF) at Florence Copper will be operated responsibly, how local and regional ground water quality will be protected, and how Florence Copper represents a significant near-term economic development opportunity for the Town of Florence and the surrounding region.
"Florence Copper represents the safest and most technologically advanced way to get copper out of the ground," said Michael McPhie, President and CEO of Curis Resources Ltd. "Our new video is part of a wider effort to engage with and educate the public about how in-situ copper recovery works, and outline how Florence Copper can make a profound near-term contribution to the economic and social well-being of Florence, Pinal County and the state of Arizona."
Curis Resources is focused on initiating a Phase 1 development program in the near term following receipt of its final operating permits. Initial copper production is anticipated to begin in late-2013 while work on permitting and engineering for Phase 2 commercial operations continues. The Company will continue to work and share information with local community members, elected officials, government regulators and other stakeholders in an ongoing effort to address all interests and concerns as the project advances.
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, 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.
Video with caption: "Video: Curis Resources Ltd. - Changing the Way Copper is Made". Video available at: http://www.youtube.com/watch?v=a1JtMg6l8Yo&feature=youtu.be
Image with caption: "Local stakeholders tour the existing in-situ recovery well site at Florence Copper. Florence Copper hosts site tours on the first and third Friday of every month to engage with and educate the public about how in-situ copper recovery works. (CNW Group/Curis Resources Ltd.)". Image available at: http://photos.newswire.ca/images/download/20130228_C9122_PHOTO_EN_24129.jpg
Image with caption: "Local stakeholders tour the core library on site at Florence Copper, which holds more than 120 miles of core samples used to research the copper ore. (CNW Group/Curis Resources Ltd.)". Image available at: http://photos.newswire.ca/images/download/20130228_C9122_PHOTO_EN_24130.jpg
SOURCE: Curis Resources Ltd.
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Manager, Investor Relations