Central Sun Update on Exploration and Operations Conference Call/Webcast for Wednesday, January 30 at 11:00 A.M. Eastern
January 28 2008 - 11:21AM
Marketwired
TORONTO, ONTARIO (TSX: CSM)(TSX: CSM.WT)(AMEX: SMC) has
scheduled a conference call for analysts and investors on
Wednesday, January 30, 2008 at 11:00 a.m. (Eastern) to provide an
update on its exploration and operations 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 416-641-6132
or 1-866-226-1792 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 3247929#) until February
6, 2008 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 growing gold producer with mining and
exploration activities focused in Nicaragua. The Company operates
the Limon Mine in Nicaragua and is converting the Orosi Mine in
Nicaragua to conventional milling to increase the annual gold
output. It also holds an option to acquire a 100% interest in the
Mestiza gold property which is located 70 kilometres east of the
Limon Mine. The Company is focused on efficient and productive
mining practices to establish high quality and cost effective
operations. Central Sun Mining is committed to growth by optimizing
current operations, expanding mineral reserves and resources at
existing mines as well as exploring its extensive land
holdings.
Cautionary Note Regarding Forward-Looking Statements: This news
release contains certain "forward-looking statements", within the
meaning of the United States Private Securities Litigation Reform
Act of 1995, and "forward-looking information" under similar
Canadian legislation, concerning the business, operations and
financial performance and condition of the Company. Forward-looking
statements and risk factors include, but are not limited to,
statements with respect to the implementation of the Company's
strategic plan; the future financial or operating performance of
the Company, its subsidiaries and its projects; the future price of
gold; expectation that the Orosi Mill feasibility study will be
positive; capital requirements for completion of the Orosi Mill
project; successful implementation of the Orosi Mill project; the
estimated Orosi Mill recovery rates; the estimation of mineral
reserves and resources, the realization of mineral reserve
estimates; the timing and amount of estimated future production;
costs of production; operating and exploration expenditures; mining
or processing issues; costs and timing of the development of new
deposits; costs, timing and success of future exploration;
government regulation of mining operations; permitting time lines
and permitting; labour disruptions; environmental risks;
unanticipated reclamation expenses; title disputes or claims;
limitations on insurance coverage and regulatory matters.
Generally, forward-looking statements can be identified by the use
of forward-looking terminology such as "plans", "expects",
"budget", "scheduled", "estimates", "forecasts", or variations of
such words and phrases or statements that certain actions, events
or results "may", "could", "would", "might" be taken, occur or be
achieved. Forward-looking statements are based on the opinions and
estimates of the Company as of the date such statements are made,
and they 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. 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 laws.
Cautionary Note to U.S. Investors Concerning Estimates of
Measured, Indicated or Inferred Resources
The information presented uses the terms "measured", "indicated"
and "inferred" mineral resources. United States investors are
advised that while such terms are recognized and required by
Canadian regulations, the United States Securities and Exchange
Commission does not recognize these terms. "Inferred mineral
resources" have a great amount of uncertainty as to their
existence, and as to their economic and legal feasibility. It
cannot be assumed that all or any part of an inferred mineral
resource will ever be upgraded to a higher category. Under Canadian
rules, estimates of inferred mineral resources may not form the
basis of feasibility or other economic studies. United States
investors are cautioned not to assume that all or any part of
measured or indicated mineral resources will ever be converted into
mineral reserves. United States investors are also cautioned not to
assume that all or any part of an inferred mineral resource exists,
or is economically or legally mineable.
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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