Minera IRL Limited ("Minera IRL" or the "Company") announces that at approximately 5:00 pm on Saturday, 5 September, a group of approximately 100 individuals from the Community of Atcas forced their way on to the Corihuarmi minesite and is occupying key installations, forcing the Company to suspend all operations. The Company's Corihuarmi mine is located approximately 160 km southeast of Lima in Peru.
To date, the Company has had limited discussions with the President of the Community, Mr. Henry Rosales; however, the Company remains committed to addressing the Community's concerns and to fulfilling its commitments. The Company intends to engage in discussions with the Community and believes that an agreement can be reached which will alleviate the concerns of the Community. However, the resolution and timing of the work stoppage remains uncertain. Representatives of the Company will be meeting with the Community leaders on Monday, 7 September to discuss this matter. Additional details will be provided as they become available.
About Minera IRL Limited
Minera IRL Limited is an AIM, TSX and BVL listed precious metals mining and exploration company with operations in Latin America. Minera IRL is led by a management team with extensive operating experience in South America. In Peru, the Company operates the Corihuarmi Gold Mine and is advancing its flagship Ollachea Gold Project towards production. For more information, please visit www.minera-irl.com.