April 5, 2011
CuMo Reaffirms Commitment to Work with Community Organizations on
Mutually Beneficial and Sustainable Exploration Project
Boise, ID – Mosquito Consolidated Gold Mines, Ltd., today announced
that it has received notice that an administrative appeal was filed by the
Idaho Conservation League and other environmental organizations
regarding the Environmental Assessment conducted by the U.S.
Forest Service for the CuMo Exploration Project. By rule, the Forest
Service has to act on the appeal within 45 days.
“This is an expected tactic whenever mining exploration is proposed on
public lands,” said Shaun Dykes, CuMo project manager. “The Forest
Service has done a very thorough job on this Environmental Assessment
and we are confident that its work will be upheld during the appeal
process, enabling CuMo to move forward.”
More than 80 percent of the residents of Boise County, Idaho, who
submitted comments to the United States Forest Service, supported
Mosquito's planned CuMo exploratory drilling project in that area.
“We believe that if exploration does find evidence of metals suitable
for mining in the future on these lands, the environment of Boise County
would actually be improved from the responsible practices of our
company,” said Dykes, noting the disturbed condition the land was left in by
miners in the 19th and early 20th centuries. “Mosquito is a responsible
steward of the environment, and if modern mining ever occurs here, we
will put a significant amount of our energy into restoration of these lands.”
The CuMo project team has met with interested citizens and organizations,
participated in public forums, and established a website for project updates
at http://www.cumoproject.com/.
Mosquito Goldpledges to continue to work with community, civic and
environmental groups to develop a sustainable and beneficial economic
development with the potential to bring prosperity to the region for many
years to come.
Mosquito Consolidated Gold Mines Limited is a mining exploration and
development company with a diverse portfolio of high potential precious
and base metals projects, located in low political risk environments in
North America. The company’s primary focus is developing its Idaho-based
CuMo project, one of the world’s largest molybdenum deposits. For more
information about the company, please visit www.mosquitogold.com and
www.cumoproject.com.
Contact:
Doug Cole
Scott Peyron & Associates, Inc. (www.peyron.com)
211 Main StreetBoise ID 83702 Mobile: 208-841-4300
Email: dcole@peyron.com
Shaun M. Dykes
Director and Exploration Manager
Mosquito Consolidated Gold Mines Limited
1616 West 3rd Avenue, Ste. 100Vancouver, BC V6J1K2
Office: 604-689-7902
Cell: 604-520-6511
Fax: 604-689-7816
Email: sdykes@mosquitogold.com
John R. Moeller, Ph.D.
Principal
Forsgren Associates, Inc.
415 S. 4th St.
Boise, ID 83702Office: 208-342-3144
Cell: 208-863-7343
Fax: 208-345-7532
Email: jmoeller@forsgren.com
(Engineering consultant to Mosquito)
Background on Mosquito Consolidated Gold Mines:
Mosquito Consolidated Gold Mines Limited is a Canadian mining exploration
and development Company with a diverse portfolio of high potential precious
and base metals projects located in economically sound and politically stable
environments in North America. The Company’s name derives from
Mosquito Creek Gold Mining Limited which was the Company’s name from
1971 to 1987.
Mosquito maintains low-cost operations, is well financed, and has little
debt. The stock is listed on the Toronto Stock Exchange – Venture (TSX-V)
under the trading symbol MSQ. Mosquito holds four molybdenum
exploratory projects in the United States. In addition, the Company is
diversified with multi-element projects including significant gold interests.
Mosquito’s primary focus is developing its Idaho-based CuMo project,
an exploratory effort that could involve one of the world’s largest
molybdenum deposits—a strategic metal that is proving to be instrumental
in pushing the limits of performance and tolerance in ecological, high
temperature, corrosive, and other precision applications in science and
industry worldwide. For more information about the Company, please visit
www.mosquitogold.com and www.cumoproject.com.
Investor information:
This news release was issued on behalf of the Board of Directors of
Mosquito Consolidated Gold Mines Ltd., Brian McClay, President.
Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and
Director of Mosquito, is the designated qualified person for the CuMo
project. He prepared the technical information contained in this news release.
This news release was prepared by management, which takes full
responsibility for its contents.
The TSX-VENTURE exchange does not accept responsibility for the
adequacy or accuracy of this release.
This news release includes certain statements that express management’s
expectation or estimates of future performance and may be deemed
“forward-looking statements.” These forward-looking statements include
plans, estimates, forecasts, and statements as to management’s expectations
regarding the CuMo project. These forward-looking statements
involve assumptions, risks, and uncertainties. Actual results may vary
materially. For these reasons, shareholders should not place undue reliance
on such forward-looking information.
United States residents are cautioned that some of the information that
may be published by Mosquito may not be consistent with United States
Securities and Exchange Commission disclosure rules and may be materially
different from what the Company is permitted to disclosein the United States
and, therefore, United States residents should not rely on such information.
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