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Sulliden Retains Aruntani to Advance Shahuindo Towards Production; Announces Appointment of Mr. Guido del Castillo to Board of Directors.

Publication: Business Wire
Publication Date: 18-AUG-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MONTREAL -- Sulliden Exploration Inc. (TSX:SUE) ("Sulliden") through its wholly-owned Peruvian subsidiary, Minera Sulliden Shahuindo S.A.C., is pleased to report that it has signed a strategic and technical cooperation agreement with Aruntani S.A.C. ("Aruntani"), Peru's largest privately held gold producing company, to assist in advancing its Shahuindo gold/silver property towards the production stage.

Aruntani, widely recognized for its expertise in the design, construction and operation of heap leach gold mines, is acclaimed for the rapid advancement of two of southern Peru's largest discoveries, the Santa Rosa and Tucari deposits, estimated to produce about 180,000 ounces in 2004. These deposits were developed at extremely...

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