MOSQUITO CONSOLIDATED GOLD MINES LTD.
MSQ-TSX-VENTURE
Tel: 604-689-7902 WWW.MOSQUITOGOLD .COM FAX: 604-689-7816
CuMo Exploration Project Moves Forward to Provide Jobs in Boise County Despite Environmental Groups’ Lawsuit Aimed at U.S. Forest Service
Vancouver, Canada, July 27, 2011. – Mosquito Consolidated Gold Mines (TSX.V: MSQ; US OTCQX: MQCMF - “Mosquito” or the “Company”) – wishes to announce that it has received notice that the U.S. Forest Service has been sued by three Idaho environmental groups opposed to its approved exploration within approximately 2,900 acres of National Forest land about 14 miles northwest of Idaho City, Idaho. In May 2011, the U.S. Forest Service, Intermountain Region, rejected the same environmental groups’ appeal of the Environmental Assessment for the CuMo Exploration Project. CuMo plans to move forward with its approved exploration, beginning in August 2011.
“This lawsuit is simply another expected delaying tactic by environmental groups whose arguments have already been rejected by a thorough U.S. Forest Service Environmental Assessment,” said Shaun Dykes, CuMo project manager. “We are confident that the Forest Service’s environmental specialists and their consultants have done their job and the court will support the Service’s findings and dismiss the lawsuit.”
Since the summer of 2010, when the Environmental Assessment was released for public comment, the CuMo project team has held onsite information sessions with environmental groups, conducted public hearings with over 500 responses, coordinated in-depth studies on impact on water, vegetation and wildlife and has obtained all necessary permits. In addition over $1.5 million has been spent on obtaining accurate and scientific data that supports the US Forest Service conclusions. The U.S. Forest Service found that the exploration posed “no significant impact on the environment” and subsequently affirmed the findings after carefully reviewing a 76-page appeal by the environmental groups, comprised of the Idaho Conservation League, Idaho Rivers United, and Golden Eagle Audubon Society.
“This is nothing more than a frivolous attempt by environmental groups to slow exploration that will lead to jobs and community resources, as well as restoration of an area impacted by mining as far back as a hundred years ago,” said Dykes. “It is unfortunate that these various groups refuse to work in co-operation with Mosquito but instead are attempting to stop a tremendously beneficial project for the local people. We are pleased to have overwhelming community support for this project and look forward to continuing the exploration to further examine the abundance of minerals that have the opportunity to strengthen the region’s economy.”
Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito is the designated qualified person for the CuMo Project, and prepared the technical information contained in this news release.
On Behalf of the Board
MOSQUITO CONSOLIDATED GOLD MINES LTD.
Brian McClay
President
About Mosquito Consolidated Gold Mines
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
THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO 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 and 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 disclose in the United States and therefore United States residents should not rely on such information.