VANCOUVER, June 29 /PRNewswire-FirstCall/ - Golden Queen Mining Co. Ltd. is pleased to announce that the certification by the Kern County Planning Commission of the Supplemental Environmental Impact Report (SEIR) for the Company's Soledad Mountain project has become final and is no longer subject to challenge. The Planning Commission unanimously approved the project and formally certified the SEIR on April 8, 2010. Two appeals to the certification were filed but subsequently withdrawn. Accordingly, the Planning Commission's actions became final on May 24, 2010. The thirty-day period for filing a lawsuit challenging the SEIR expired on June 23, 2010 and as a result the SEIR certification is now final.
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.
Forward-Looking Statements: Certain statements included herein constitute forward-looking statements. Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the company's periodic filings with securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. For example, pricing assumptions for gold and silver in an economic analysis are subject to risks of significant fluctuations due to market conditions. Forward looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the companies' business, including risks inherent in mineral exploration and development. Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, should not to put undue reliance on forward-looking statements.
SOURCE Golden Queen Mining Co. Ltd.