Astur Gold Granted Authorization to Drill at Salave
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 29, 2013) - Astur Gold Corp. (TSX VENTURE:AST)(FRANKFURT:CDC) ("Astur Gold" or the "Company") is pleased to announce that the Company has received final permit approval for its planned drilling program from the General Directorate of Mines and Energy of the Principality of Asturias. The drill campaign will enable the Company to investigate the deeper high grade zones of the deposit which remain open, collect more detail for mine design, and obtain sufficient fresh ore samples to complete all metallurgical testing for the Feasibility Study that commenced in June 2013.
Cary Pinkowski, CEO & President of Astur Gold commented, "We are very pleased to have this application approved. This will enable us to further define the underground mine design at Salave, as well as drill step-out holes to test the expansion potential of the high grade area of the deposit. We look forward to commencing our planned drill program in the following weeks."
The Company has chosen Sondeos y Perforaciones Industriales del Bierzo ("SPI") as drilling contractor. SPI is a Spanish contractor with extensive experience in Spain, South America, and Africa. The Company expects this drilling to be completed within the next three months and will update the market with results as they become available.
ABOUT ASTUR GOLD
Astur Gold is developing its 100% owned Salave Gold Project in Asturias, northern Spain, which is one of the largest undeveloped gold deposits in Western Europe. The Company received approval for an underground mine from the Commission for Environmental Affairs of the Principality of Asturias in November 2012 and is completing additional requirements for the processing plant, water discharge, and tailings licenses. The Company is working to build a partnership with the people of Asturias to generate sustainable economic benefits for the region while balancing the needs of environmental protection and social community development.
ON BEHALF OF THE BOARD
Cary Pinkowski, Chief Executive Officer, President and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Mineral resources that are not mineral reserves do not have demonstrated economic viability. This document contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectation implied by these forward looking statements.
Contact
Astur Gold Corp.
Vadim Dubchak
#300-1055 West Hastings Street, Vancouver, B.C., V6E 2E9
604-694-1600
(604) 694-1663
info@asturgold.com
www.asturgold.com