Chieftain Metals Inc.
TSX : CFB

Chieftain Metals Inc.

September 13, 2012 10:58 ET

Chieftain Metals Reports Advancement in EA Amendment Application

TORONTO, ONTARIO--(Marketwire - Sept. 13, 2012) - Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX:CFB) is pleased to give an update on its Tulsequah Chief Project in British Columbia.

Chieftain submitted an application to amend the existing Tulsequah Chief Environmental Assessment Certificate in late April 2012. This amendment comprises a re-alignment of a significant portion of the permitted Tulsequah Chief Mine Access Road. The application has undergone a technical review by a working group composed of provincial and federal agencies, the Taku River Tlingit First Nation and Chieftain, and activities undertaken to date include public hearings and comment periods, and several working group workshops. The Amendment Application has recently been sent to the British Columbia Minister of the Environment and the Minister of Energy, Mines and Natural Gas for final approval. We anticipate a decision within the next few weeks.

Mr. Victor Wyprysky, President and CEO stated, "We are pleased that the Amendment Application has moved to this final stage. The Tulsequah Chief project has received all major permits to begin construction, and this amendment should help facilitate the project further by incorporating the road route that best aligns with the interests of stakeholders."

The scope of the review comprises realignment of a section of the currently permitted Mine Access Road from Kilometre 57 north from the mine site to connect with the existing provincial road network at the end of the Warm Bay Road, south of the town of Atlin, BC. Chieftain considers the re-alignment to offer significant reductions in potential environmental and cultural impacts compared to the previously approved route, as it will allow a 35 km reduction in new road construction and reduce the number of stream crossings by 24, avoid sensitive caribou habitat, and eliminate any crossing of the TRTFN Heritage Trail.

About Chieftain Metals Inc.:

Chieftain Metals Inc.'s principal business is the acquisition, exploration and development of mineral properties. Since incorporation, the Company's business has focused entirely on the acquisition, and thereafter the development, of the Tulsequah Chief Polymetallic Project, in north-western British Columbia, Canada. The Tulsequah Project consists of 38 mineral claims and Crown-grants covering approximately 14,220 hectares and covers two previously producing mines. For more information on the Tulsequah Project, please refer to the Company's NI 43-101 compliant technical reports, "Tulsequah Chief Deposit, Tulsequah Chief Property, Northern British Columbia" and "Big Bull Project, Tulsequah Chief Property, Technical Report, Northern British Columbia", each dated as of November 8, 2010 and available under the Company's profile on SEDAR (www.sedar.com).

Forward-Looking Information:

This press release includes certain "forward-looking statements" within the meaning of the Ontario Securities Act or other laws or regulations. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization, mineral resources or reserves, exploration results, future plans and objectives of Chieftain Metals Inc. are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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