SULLIDEN EXPLORATION INC.

Sulliden Exploration Inc. has awarded a contract to AMEC for a Preliminary Economic Assessment on the Shahuindo Gold Project. Work on the Preliminary Economic Assessment will begin immediately and is expected to be completed in September 2009. In March 2009, the five-year legal dispute that disrupted the Shahuindo Gold Project was resolved. With the current resolution, Sulliden now holds 100 percent registered and undisputed ownership of the Shahuindo property and has secured exploration options on sixteen adjoining mining concessions.