TORONTO, April 8, 2013 /CNW/ – Red Tiger Mining Inc., (TSXV-RMN), (the “Company“) announces that it has resumed operations at its Luz del Cobre mine in State of Sonora, Mexico. Luz del Cobre had been under an illegal blockade commenced by the Ejido (land owners) of San Antonio de la Huerta.
Friday April 5h, state authorities restored access to all areas of the mine site without major confrontations. The Company and its Mexican subsidiary, Minerales Libertad, S.A. de C.V., wish to express its appreciation to the Government of the State of Sonora for its prudent actions and support.
Mining, crushing and stacking operations have all resumed. The Company expects copper cathode stripping to recommence within five days.
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.
This news release contains forward-looking statements, which are subject to risks and uncertainties and other factors that may cause the Company’s results to differ materially from expectations. Specifically, this news release contains forward-looking information regarding the Debt Settlement and the proposed terms thereof, and the approval of the Debt Settlement, including the issuance of the Debt Shares, by the TSX Venture Exchange. Accordingly, readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume any obligation to revise or update this forward-looking information after the date of this news release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
SOURCE: Red Tiger Mining Inc.
For further information:Red Tiger Mining Inc.
20 Toronto Street, 12th Floor, Toronto ON, M5C 2B8, Canada
Fax: 416 367 3638
[email protected]
www.redtigermining.com
Dr. Thomas Utter
President and CEO
Tel.: +1 52 662 311 8839
[email protected]
David Lurie
CFO and Secretary
Tel.: 416 637-1517 x 107
[email protected]