Silver Sun Receives Approval to Build Mill
Silver Sun Resource Corp. ('Silver Sun? or 'the Company?) is pleased to
announce they have received approval from the City of Yreka, California,
to operate the Company′s mill within the city limits.
The Company currently has their 50 ton per day, gravity circuit mill on
site at the Cherry Hill gold mine. 'Moving the mill to within the city
limits may allow the Company to expand the mill capacity to a 150 ton
per day gravity circuit, combined with an additional floatation circuit
to maximize recoverable ore,? stated Mark McLeary, Silver Sun′s
President.
The Company has an agreement to lease a three acre, secured parcel of
land (Parcel No. 061-301-160) for 20 years with a Company option for a
further 20 years for $1,200 USD per month. Prior to moving the Company′s
existing mill, other permits required will be a building permit and sign
permit prior to installation of any signage. An Air Pollution Control
permit may be required from Siskiyou County. Further, a business license
is required prior to the commencement of processing.
While the Company′s mill is being relocated for construction, Silver Sun
has access to two additional, fully operational, contract mills to
process all stockpiled ore from the Cherry Hill gold mine.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused
on the acquisition, exploration and development of precious metal
deposits in North America. The Company is in the final stages of
development of its gold project in Yreka, California and engaged in an
on-going work program on the Zacatecas, Salvador, and Mina San Jose
properties located within the prolific Zacatecas Silver District in
Mexico, as well as its newly acquired Yoreme Silver Project in the
mining district of Alamos, Sonora State, Mexico. The Company has an
experienced management team with a growth strategy to develop a
diversified portfolio of mining projects that can be taken to production
in the near-term. The company's design is to add shareholder value
through efficient exploration, strategic acquisitions and effective
marketing while maintaining a low risk profile through project
diversification and sound financial management.
ON BEHALF OF THE BOARD OF DIRECTORS
'Mark A. McLeary?
President
Forward Looking Statements
This release contains forward-looking statements including
management's assessments of future plans and operations, and
expectations of future production. These statements are based on current
expectations that involve a number of risks and uncertainties, which
could cause actual results to differ materially from those anticipated.
These risks include, but are not limited to, the risk that the
conditions to complete the acquisition of the Property are not met
including satisfactory completion of the Company′s due diligence and any
inability to obtain any applicable regulatory or corporate consents or
approvals for the proposed acquisition, the risks associated with the
mining and exploration industry including operational risks in
development, exploration and production; delays in obtaining any
governmental approvals required for production of the Company's mineral
properties, inability to obtain access to mills or reach an agreement on
commercially acceptable terms for processing of mineralized material
from the Company's mining projects, delays or changes in plans with
respect to exploration or development projects or capital expenditures;
the uncertainty of reserve estimates; the uncertainty of estimates and
projections relating to production and the uncertainty of the
availability of capital). The assumptions used in the preparation of
such statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.
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.
Silver Sun Resource Corp.
Mark McLeary, 604-678-2531
mark@mclearycapital.com