Change of Name to Curis Resources Ltd & New Trading Symbol "CUV"
31 Janeiro 2011 - 11:30AM
PR Newswire (Canada)
VANCOUVER, Jan. 31 /CNW/ -- VANCOUVER, Jan. 31 /CNW/ - PCI-1
Capital Corp. (the "Company") (TSX-V: ICC) announces that on
January 28, 2011, shareholders approved the change of its name to
Curis Resources Ltd. ("Curis"). The Company also has a new trading
symbol on the TSX Venture Exchange, and will begin trading under
the symbol "CUV" shortly. The name Curis is an acronym for Copper
(Cu)-Recovery-In-Situ. Curis' focus is to develop its flagship
Florence Copper Project in Arizona, USA, into a world class low
cost copper producer in the near term. The Florence Copper
Project was advanced to the point of having all project operating
permits in place, a feasibility study completed and the successful
operation of a pilot test by former owner BHP Copper Inc. in the
late 1990's. "We are well positioned to establish Curis as a
near term next-generation copper producer," said Curis President
& CEO Michael McPhie. "Our 100%-owned Florence Project
hosts a copper oxide deposit with a 429 million tonne measured and
indicated resource(1) that is amenable to in-situ copper recovery
(ISCR) and industry-standard solvent extraction and electrowinning
(SX/EW) copper production. In late 2010, we announced the
completion of a very positive preliminary economic assessment (PEA)
for the project and raised $38 million to advance our 18 month work
plan (see November 25, 2010 news release). Over the next year,
we expect to optimize our project engineering, complete a
feasibility study and complete project permitting. Project
permitting involves the amendment and updating of the operational
permits for the project through a well-defined and time limited
amendment process. Upon successful completion of these
activities, Curis will start a Phase 1 development program that
will involve the drilling and activation of an initial ISCR
well-block and construction and commissioning of a temporary SX-EW
plant to produce 99.999% pure copper cathode at the Florence Copper
Project site. Construction of the full commercial SX/EW plant
and well field facilities and associated infrastructure (Phase 2)
will follow Phase 1 and is planned to start in late 2012."
About Curis Curis Resources Ltd. is a mineral development company,
the major shareholder of which is Hunter Dickinson Inc. 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 Project in Arizona USA to
production. About HDI Hunter Dickinson Inc. (HDI) is a diversified,
global mine development company with a 25-year history of mineral
development success. From its head office in Vancouver, Canada, HDI
applies its unique strengths and capabilities to acquire, develop,
operate and monetize mineral properties that provide consistently
superior returns to shareholders. Michael McPhie President &
CEO (__________________________________________________ ) (1)
grading 0.331% total copper (TCu) and containing 2.85 billion lb
copper (at a 0.05% TCu cutoff). For further details see November 25
2010 news release. Neither the TSX Venture Exchange nor its
Regulation Services Provide (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this 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 permitting 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 market prices, exploitation and
exploration successes, continuity of mineralization, potential
environmental issues and liabilities associated with exploration,
development and mining activities, uncertainties related to the
ability to obtain necessary permits, licenses and title 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. To view
this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/January2011/31/c6324.html
pFor further details on the Company and Curis Resources Ltd. please
visit a
href="http://www.curisresources.com"www.curisresources.com/a or
contact Susie Bell, Manager of Investor Relations, at (604)
684-6365 or within North America at 1-800-667-2114/p
Copyright
(TSXV:ICC)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
(TSXV:ICC)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024
Notícias em tempo-real sobre da TSX Venture Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de Pci-1 Capital Corp