Malaga: clarifications regarding Pasto Bueno's resources and reserves

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[{"type":"text","content":"\nMalaga: clarifications regarding Pasto Bueno's resources and reserves\n\n\n Jun. 19, 2009 (Baystreet.ca) -- MONTREAL -- In order to comply with the requirements of Canadian National Instrument 43-101, Malaga's management wants to clarify the following regarding the resources and reserves published in the Q1 MD&A and annual notice posted in 2009.\n\nIt was stated that the resources did not include proven and probable reserves, this should have read as follows: \"measured and indicated resources include all the proven and probable reserves\". Moreover, the economic viability of the resources which are not reserves has not been demonstrated. \nABOUT MALAGA INC. \nMalaga Inc. (TSX: MLG) is a tungsten mining company that uses modern, efficient and productive mining technology. The Company is committed to growth, through increasing its tungsten concentrate production, continuing the exploration of the Pasto Bueno property, and through strategic acquisitions. It also seeks diverse growth opportunities such as developing the hydroelectric potential of the Pasto Bueno property, through Hidropesac, in which the Company holds 44%, as well as through its holding in Dynacor Gold Mines Inc., in which the Company owns 13.3%. \nSOURCE: MALAGA INC. \nJean Martineau, President & CEO, Malaga Inc., (514) 288-3224 \n\n\n\n","length":1455,"tagName":"div"}]

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