Central Sun Schedules Update on Operations and Exploration Conference Call/Webcast for December 12 at 11:00 A.M. Eastern
December 11 2007 - 4:39PM
Marketwired
TORONTO, ONTARIO (TSX: CSM)(TSX: CSM.WT)(AMEX: SMC) has
scheduled a conference call for analysts and investors on
Wednesday, December 12, 2007 at 11:00 a.m. (Eastern) to provide an
update of its operations and exploration activities.
Messrs. Peter Tagliamonte, President and Chief Executive
Officer; Bill Pearson, Executive Vice President, Exploration,
Graham Speirs, Chief Operating Officer and Denis Arsenault, Chief
Financial Officer will be available to answer questions during the
call.
Conference Call
To participate in the conference call, please dial 416-641-6141
or 1-866-300-7687 about five minutes prior to the start of the
call.
A live audio webcast of the conference call will be available at
www.centralsun.ca.
An archived recording of the call will be available at
416-695-5800 or 1-800-408-3053 (Passcode 3245532#) until Dec. 19,
2007 11:59 p.m. An archived recording of the webcast will also be
available on the Company's website.
About Central Sun Mining
The Company is a gold producer with mining and exploration
activities focused in Nicaragua. The Company operates the Limon
Mine in Nicaragua and plans to convert the Orosi Mine in Nicaragua
to conventional milling and expand annual gold output. It also
holds an option to acquire a 100% interest in the Mestiza gold
property which is located 70 kilometres from the Limon Mine. The
Company focuses on efficient and productive mining practices to
establish a firm base of quality operations. Central Sun Mining is
committed to growth by optimizing current operations and expanding
mineral reserves at existing mines.
Cautionary Note Regarding Forward-Looking Statements: This press
release contains "forward-looking statements", within the meaning
of the United States Private Securities Litigation Reform Act of
1995 and applicable Canadian securities legislation.
Forward-looking statements include, but are not limited to,
statements with respect to the completion of the Company's new
strategic plan, the future financial or operating performance of
the Company, its subsidiaries and its projects, the future price of
gold, estimated recoveries under the milling plan, the estimation
of mineral reserves and resources, the realization of mineral
reserve estimates, the timing and amount of estimated future
production, costs of production, capital for the mill project,
operating and exploration expenditures, costs and timing of the
development of new deposits, outcome, costs and timing of future
exploration, requirements for additional capital, government
regulation of mining operations, environmental risks, reclamation
expenses, title disputes or claims, limitations of insurance
coverage and the timing and possible outcome of pending litigation
and regulatory matters. Generally, these forward-looking statements
can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved".
Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied
by such forward-looking statements, including but not limited to:
general business, economic, competitive, political and social
uncertainties; the actual results of current exploration
activities; actual results of reclamation activities; conclusions
of economic evaluations; changes in project parameters as plans
continue to be refined; future prices of gold; possible variations
of ore grade or recovery rates; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes and
other risks of the mining industry; political instability,
insurrection or war; delays in obtaining governmental approvals or
required financing or in the completion of development or
construction activities, as well as those factors discussed in the
section entitled "General Development of the Business - Risks of
the Business" in the Company's annual information form for the year
ended December 31, 2006 on file with the securities regulatory
authorities in Canada and the Company's Form 40-F on file with the
Securities and Exchange Commission in Washington, D.C. Although the
Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. The Company
does not undertake to update any forward-looking statements that
are incorporated by reference herein, except in accordance with
applicable securities law.
Contacts: CENTRAL SUN MINING INC. Peter W. Tagliamonte President
& CEO (416) 860-0919 (416) 367-0182 (FAX) Email:
ir@centralsun.ca Website: www.centralsun.ca
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