Minsud Resources Corp.
TSX VENTURE : MSR

Minsud Resources Corp.

September 22, 2014 16:11 ET

Minsud to Commence Diamond Drilling at the Chita Valley Project, San Juan, Argentina

TORONTO, ONTARIO--(Marketwired - Sept. 22, 2014) - Minsud Resources Corp. (TSX VENTURE:MSR) ("Minsud" or the "Company") announces that in the coming weeks it will complete a 18 hole, 2,200 meter diamond drilling program in the South Porphyry sector of the Chita Valley Project.

The program will test targets identified during the systematic multidisciplinary exploration program conducted in the sector in 2013-2014 and as follow up to the drilling program conducted earlier this year (please refer to our press releases dated May 15, 2014 and June 30, 2014). The planned drill holes are a combination of outline and infill drilling designed to further test the complex Cu+Mo+Ag+Au bearing porphyry, hydrothermal breccia and vein styles of mineralization in the South Chita Porphyry area. A small portion of the drilling program will be allocated to the North Chita Porphyry sector to test a promising early stage target.

To view the map associated with this press release, please visit the following link: http://media3.marketwire.com/docs/minsudmap.jpg.

Mr. Howard Coates, Professional Geoscientist, Director of the Company and a geological consultant, is a qualified person as defined by Canadian National Instrument 43-101. Mr. Coates visited the property and has read and approved the contents of this release.

About the Chita Valley Project:

The Chita Valley Project is a large exploration stage porphyry situation with classic alteration features, widespread porphyry style Cu-Mo-Ag-Au mineralization, and associated gold and silver-bearing polymetallic veins.

About Minsud Resources Corp.:

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo- Au-Ag Project, in the Province of San Juan, Argentina. The Company also holds a 100% owned portfolio of selected early stage prospects, including 28,000 has in Santa Cruz Province, Argentina.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, spending commitments, future operations, results of exploration, anticipated financial results, future work programs, capital expenditures and objectives. Forward looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward- looking information, including the risks identified in the Company's TSXV Filing Statement dated April 27, 2011 under the heading "Risk Factors" as available on www.sedar.com. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the 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.

Contact Information

  • Minsud Resources Corp.
    Carlos Massa
    President and Chief Executive Officer
    +54-11-4328-4067
    cmassa@minsud.com

    Minsud Resources Corp.
    Mike Johnston
    416-479-4466
    mike@minsud.com