DGAP-News: ASTUR GOLD COMPLETES PUBLIC CONSULTATION PERIOD ON SALAVE EIA

DGAP-News: ASTUR GOLD COMPLETES PUBLIC CONSULTATION PERIOD ON SALAVE EIA

ID: 163436

(firmenpresse) - DGAP-News: Astur Gold Corp. / Key word(s): Miscellaneous
ASTUR GOLD COMPLETES PUBLIC CONSULTATION PERIOD ON SALAVE EIA

09.07.2012 / 19:42

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Vancouver, BC - Astur Gold Corp. (TSX-V: AST, Frankfurt: CDC) ('Astur Gold'
or the 'Company') announces that the public consultation period for the
Company's Environmental Impact Assessment ('EIA') has ended. Astur Gold
submitted the EIA on its flagship Salave Gold Project in May 2012
(reference press release dated May 17, 2012 'Astur Gold Submits
Environmental Impact Assessment').

The Ministry of Economy and Employment of the Principality of Asturias,
pursuant to the Environmental Assessment Act, commenced phase 2 (of 3) of
the environmental process on June 1st, 2012, by publishing in the Official
Gazette of the Principality of Asturias (BOPA). This signaled the opening
of a 30 working day public comment period, which closed on July 6th, 2012.
In the coming days, the Ministry of Economy and Employment will provide
Astur Gold with all environmental comments received regarding the Salave
Gold Project, awarding the Company a period of 20 working days to provide
responses to such comments.

The Astur Gold team is making a concerted effort to expedite this process.
The objective is to obtain the Positive Declaration of Impact Assessment
('DIA') as soon as Q4 2012. The DIA is the last phase of the environmental
procedure.

One of the main criteria from the Government is the socio-economic impact
of the project to the community. Astur Gold has seen a dramatic rise in the
amount of cv's received to over 6,300. The acceleration of the Salave Gold
project will have an immediate positive economic effect on Western
Asturias.

Cary Pinkowski, President&CEO of Astur Gold commented, 'We are very
pleased to have completed the second phase of the environmental permitting




process. We look forward to responding to all queries made during the
public consultation period in thorough manner to move towards the final DIA
stage for the project.'

ABOUT ASTUR GOLD
Astur Gold is developing its 100% owned Salave Gold Project in Asturias,
northern Spain. Salave is one of the largest undeveloped gold deposits in
Western Europe. The Company submitted its application for an underground
mine permit for Salave in September 2011 and submitted its Environmental
Impact Assessment in May 2012. Astur Gold is building a partnership with
the people of Asturias to generate sustainable economic benefits for the
region while balancing the needs of environmental protection and social
community development.

ON BEHALF OF THE BOARD
Signed 'Cary Pinkowski'
Cary Pinkowski, Chief Executive Officer and Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Vadim Dubchak
#300-1055 West Hastings Street,
Vancouver, B.C., V6E 2E9
Tel: +1 604-694-1600
info(at)asturgold.com www.asturgold.com

Neither 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. Mineral
resources that are not mineral reserves do not have demonstrated economic
viability.

This document contains certain forward looking statements which involve
known and unknown risks, delays and uncertainties not under the Company's
control which may cause actual results, performance or achievements of the
Company to be materially different from the results, performance or
expectation implied by these forward looking statements.


End of Corporate News

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09.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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177199 09.07.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 09.07.2012 - 19:42 Uhr
Sprache: Deutsch
News-ID 163436
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