Fact Sheet Front June 2009
Document Sample


leading Shahuindo towards June 2009 Fact Sheet
production & Trading Symbol: TSX - SUE
continued
strategic exploration Capital Structure
Shares Issued: 109 million
Fully Diluted: 129.9 million
Market Cap. $81.7 million
Cash Balance: $7 million
Share Performance
Low High June 1, 2009
Corporate Profile SUE(TSX) $0.25 $1.45 $0.75
Sulliden is a Canadian-based mining company focused on the develop-
Principle Shareholders
ment of its 100%-owned Shahuindo Gold Project located in northern
Peru, which is considered to be one of the world’s most prolific gold Aberdeen International 10%
producing districts. This region is home to world-class gold mines Compania Minera Andina S.A. 10%
including Barrick Gold’s Lagunas Norte Mine, 30 km south of Shahuindo Socrate Capital Inc. 10%
(produced 1.2 million ounces of gold in 2008), and the Yanacocha Mine
operated by Newmont Mining Company, 70 km to the north (produced
1.8 million ounces of gold in 2008). Shahuindo’s Growth Potential
Sulliden has selected AMEC to start a Preliminary Economic Assess- Indicated 1.2 million ounces of gold; inferred
ment, scheduled to be complete in September 2009 and has also 342,000 ounces of gold based on a NI 43-101
initiated baseline environmental studies on the property. These results compliant Mineral Resource Estimation in 2005.
will assist management in making proper and informed decisions on the Sulliden continues exploration in and around the
Shahuindo Gold Project development. With a focused strategy towards property to further increase resources.
mine development and an ongoing exploration program to increase
mineral resources, Sulliden is positioned to generate superior value for NORTH AMERICA
its shareholders.
Shahuindo Property
Sulliden is focused on advancing its
Yanacocha
100%-owned Shahuindo Gold SOUTH AMERICA
Cajamarca Project that covers approximately
8,000 hectares of the Cajabamba
Shahuindo
Cajabamba Province in northern Peru. It is
Trujillo
Lagunas Norte
located in a historically known mining Shahuindo
region 80 kilometers south of Caja-
marca, the region’s capital city, and
15 kilometers west of Cajabamba
city. The Shahuindo region has excel- Lima
lent infrastructure and is accessible
Dept. of Cajamarca
Pierina
PERU
Dept. of La Libertad
year-round at a good working altitude
Huaraz
Dept. of Ancash
Major Cities
of 2,700 to 2,900 meters.
Major Gold Mines and
Exploration Properties
0 50 100km
Peru is the world’s 5th largest gold producer
www.sulliden.com
Shahuindo Gold Project
The Shahuindo Gold Project has an NI 43-101 compliant Mineral Resource Estimation completed in 2005 that estimates 38 million
tonnes grading 0.95 grams per tonne of gold and 23 grams per tonne of silver of indicated resource (1.2 million ounces gold and
28 million ounce silver) and 17.2 million tonnes grading 0.62 grams per tonne of gold and 12.83 grams per tonne of silver in the
inferred category (342,000 ounces gold and 7.1 million ounces silver). This resource estimate is a major step in demonstrating the
world-class potential of the Shahuindo Gold property.
Focus for 2009
Continue to build and strengthen both the
executive and local management team with
the capabilities necessary to advance the
development of the project
AMEC to complete a Preliminary Economic
Assessment and Technical Report based
on the current NI 43-101 Mineral Resource
in September of 2009
Strategic site exploration, in and around the
Shahuindo area, with the objective to
In May 2009, Sulliden awarded a Preliminary further define, expand and delineate the ore
Economic Assessment and Technical Report body
contract to AMEC, scheduled for completion
in September 2009. Baseline environmental Initiate baseline environmental studies on
studies on the Shahuindo property have also the property
been initiated.
Carry out comprehensive reviews of all our
The Shahuindo Gold project contains a large-scale gold system extend- environmental and social impacts as the
ing over an area of 8 km by 4 km and vertically to a depth of at least 400 project develops in order to identify areas of
meters. The mineralization extends virtually continuously over 6 km of improvement
strike length on the Main Mineralized Corridor (MMC), with the resource
being calculated on approximately 4km, indicating the potential for Continue social involvement and
mineral resource expansion. relationship-building with surrounding com-
munities
Management Team Directors
Sulliden has assembled a highly experienced team with a proven Stan Bharti, P.Eng. Leonard Harris, P.Eng
history of developing, financing, and operating mining projects in order Chairman Director
to accelerated the development of its 100%-owned Shahuindo property.
Peter Tagliamonte, P.Eng. MBA Jacques Trottier
Peter Tagliamonte, P.Eng. MBA Scott Moore, MBA President & CEO Director
President & CEO Exec. VP, Corporate Development
James H. Coleman, L.L.B., B.B.A. Guy Chartier
Joe Milbourne, FAusIMM Craig Geier, HBA Director
Director
VP, Technical Services Chief Financial Officer
Stéphane Amireault, MScA., P.Eng. Javier Fernandez-Concha Stucker, L.L.B John F. Kearney ,L.L.B., MBA Scott Moore, MBA
VP, Exploration General Manager, Peru Director Director
Toronto Head Office 65 Queen Street West Lima Head Office Minera Sulliden Shahuindo Gold
Suite 800, PO Box 75 Calle San Martin 845, Oficina 201
Toronto, ON M5H 2M5 Miraflores, Lima – Peru
info@sulliden.com Tel: 416.861.1685 Tel: 51.1.242.9778
www.sulliden.com Fax: 416.861.8165 Fax: 51.1.242.9778 ext.102
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