Michael Davies, President & CEO of Southridge stated, "Our goal from beginning as well as our efforts over the past several years has been to secure a world-class mining partner that is capable of moving these projects forward, and today is a major step that direction. Southridge expects to rapidly grow and preserve an interest in its gold and silver mines operated by its partners allowing it to continue to build value through continued exploration. We believe that the exploration of alternatives for the Cinco Minas property will help the company achieve its strategic goals with superfluous profitable growth and enriched shareholder value. Furthermore we are confident that this new joint partnership with Kinross will be successful in executing our goal of building a world-class gold and silver mining facility at Cinco Minas."For further information on the Company's Gold and Silver projects, visit our website: http://www.southridgeminerals.com.
Southridge Announces A Joint Partnership With Kinross (NYSE: KGC), A Major NYSE Listing Mining Company For Its Cinco Minas And Gran Cabrera Properties Is Valued At $550 To $600 Million
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