🕐05.10.09 - 20:37 Uhr
News from Soho Resources Corp.
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Recent News
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Soho Management Meets with Durango State Governor, CPA.
Ismael Hernandez Deras
On September 18th 2009, Soho management had the opportunity meet privately with
Durango State Governor Ismael Hernandez Deras along with other Mexican State and
federal government officials to discuss infrastructure requirements for the successful
future development of the Companys Tahuehueto Project.
Discussion centered around
electrical power requirements and access road upgrades that will be necessary to
support any future mining operations on the Tahuehueto Project.
In addition,
social initiatives commenced by the Company at the Project were discussed to reaffirm
the States continued support of staffing teachers to the elementary school on site
and to request the state provide professional medical staff to the recently established
medical clinic so as to improve the quality of life of the local residents.
Finally,
although not a state responsibility, the Company sought assistance and advice on
certain Federal tax issues that impact the Companys operations in Mexico.
The Governor emphasised that the State of Durango recognizes the importance of
the Tahuehueto Project to the local population, the economic benefit to the State
of Durango and Mexico, as well as to Mexican mining industry both now and hopefully,
well into the future.
He has been very impressed with how Soho has developed the
project while maintaining its role as a good corporate citizen to the State and
to the local community.
In particular the continued employment of local residents,
the creation of an elementary school and a medical clinic by Soho for the local
population were all singled out as very positive social achievements.
Soho is pleased to say the follow up on the above issues has been excellent and
was commenced by the Governors staff the next business day after the initial meeting,
with direct telephone calls to the Companys office.
Sohos wishes to thank Governor
Hernandez and his staff for their assistance now and well into the future.
The
State of Durango is clearly "Open For Business" and full credit should be extended
to Governor Hernandezs State Government for fostering a business friendly environment
backed up with action as demonstrated with large scale State infrastructure improvements
including the Durango - Mazatlan freeway expansion ( a $US 1 billion project) and
the Durango - Culiacan new highway construction project.
Soho will keep an open line of communication with the Durango State Government and
work towards realizing the cooperation of both State and Federal assistance in developing
the infrastructure necessities to support any future mining operations at Tahuehueto.
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Warning
The Company relies upon litigation protection for "forward-looking" statements.
This News Release may contain forward-looking statements including but not limited
to comments regarding the timing and content of up-coming work programs, geological
interpretations, receipt of property titles, potential mineral recovery processes,
etc.
Forward-looking statements address future events and conditions and therefore
involve inherent risks and uncertainties.
Actual results may differ materially from
those currently anticipated in such statements.
Soho Resources Corp.
relies upon
litigation protection for forward-looking statements.
Neither TSX Venture Exchange nor its Regulations 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.
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Soho Resources Corp.
Contact: Glen Sandwell
ir [mailto:]@sohoresources [mailto:].ca [mailto:]
Tel: 604-684-8071
1-800-685-0576
Trading Symbol: TSXV - SOH
Outstanding Shares: 131,072,786
Fully Diluted: 159,607,786
Last Trade: $0.075
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