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Artigo

24 Nov 2010

Author:
Infinito Gold

Administrative Tribunal Rules on Crucitas [Costa Rica]

Infinito Gold...announces that the Tribunal Contencioso Administrativo...in Costa Rica has rendered a summary ruling on November 24, 2010, on the Crucitas gold mining permits and permitting procedures. The verbal ruling...includes cancellations of the Company's exploitation concessions and environmental and other approvals held by its local subsidiary...The Company is seeking further details of the ruling and has been advised the full written ruling will not be available until December 14, 2010...[The local subsidiary] is considering all legal options including submitting an appeal to the relevant chamber of the Supreme Court of Costa Rica...