Central Sun provides operations update

Central Sun Mining Inc., a gold producer with mining and exploration activities focused in Nicaragua, provides an update on its exploration and operations activities.

Encouraged with the initial results at Limon Mine area, the company continued drilling on the new Santa Pancha southern extension, which has the highest grade within the Limon Mine area deposits. The company has already completed 14 diamond drill holes totalling 4,441 metres of a planned 10,000 metre program in the Limon Mine area.

Peter Tagliamonte, President and CEO of the company, said we are very excited about the high grades and significant widths being discovered by Dr. Pearson and his exploration team.

It really shows the potential of the area and with the ongoing exploration program we are confident in our ability to define this new discovery and to grow it into a considerably larger production base for the Limon Mine, said Mr. Tagliamonte.

The drilling program that commenced with Hole LM-08-10, has focused on defining a mineral resource in the new extension area with drill hole spacing at approximately 50 metres by 50 metres.

Holes LM-08-008 and LM-08-009 were part of a deeper series of holes approximately 100 metres below the first six holes. A 34 metre wide (true width) altered and mineralised zone was intersected in LM-08-009 which returned 3.83 g Au/t over a true width of 2.0 metres.

Dr. Bill Pearson, Executive Vice President, Exploration said that drilling is continuing to confirm the potential for a significant mineral resource in this zone.

The closer spaced drilling is providing better definition of the distribution of gold mineralisation within this extensive structure. Downhole induced polarisation surveys will also be carried out to aid in outlining the full extent of the strong zones of silicification with which the best grade mineralisation is associated, said Dr. Pearson

The Santa Pancha structure, located about 4 kilometres east of the Limon processing plant, strikes N20E and extends for approximately 2.5 kilometres along strike.

The company claims that the drill holes completed to date have confirmed that the favourable structure extends to a vertical depth of at least 350 metres.