News

Toronto, Ontario, Canada  December 13, 2007  Sulliden Exploration Inc. (TSX: SUE)  announces that its Board of Directors has today issued a Directors’ Circular relating to the Offer by Century Mining Corporation to purchase all the common shares of Sulliden Exploration Inc.

The Directors are considering recommending the shareholders of Sulliden reject the Century Offer, however, this Directors’ Circular contains no recommendation of the Board of Directors at this time as to whether Sulliden’s shareholders should accept or reject the Century Offer.

The Board of Directors urges Sulliden shareholders not to tender to the Century Offer until a further communication is made by the Directors.

The Board of Directors has determined to make no recommendation to Sulliden shareholders in respect of the Century Offer at this time.  The Offer consists entirely of Century’s shares and, if accepted, shareholders of Sulliden will become shareholders of Century.  Accordingly, any evaluation of the Offer, requires an assessment of Century itself and its prospects and of the value of Century’s shares.

The Board has at this time, serious concerns and questions about Century’s assets, and its financial condition, as well as about Century’s contractual relationships with the Sanchez-Paredes family and with the value of Century’s properties.

The Board of Directors is of the view that further diligence is required in order to properly address the concerns of the Directors and to make a final determination as to whether or not the Century Offer is in the best interests of Sulliden shareholders.  As of the date of the Circular, the Directors are considering recommending that the shareholders reject the Century Offer.

There is no need for Sulliden shareholders to do anything immediately.  The Century Offer is currently open until January 30, 2008.  Sulliden’s Board of Directors intends to communicate additional information to Sulliden shareholders on a timely basis prior to the expiry of the Offer.

Holders of common shares of Sulliden who have already tendered their shares to the Century Offer can withdraw them at any time until the expiry of the Offer.

A copy of the Directors Circular has been mailed to all shareholders and is also available under the Company’s profile on SEDAR at www.sedar.com or on the Company’s website at www.sulliden.com

ABOUT SULLIDEN:
Sulliden Exploration Inc. is a mineral exploration company focused on the development of its Shahuindo gold and silver Project.  The Shahuindo project is located in northern Peru, in one of the world’s most prospective gold and silver regions, sitting approximately 25 km north of Barrick’s Laguanas Norte-Alto Chicama 1,100,000 oz/gold per year mine; 70 km south of Newmont’s multi-million oz/gold Yanacocha district and 200 km north of Barrick’s Pierina 650,000 oz/gold per year mine.

The Shahuindo resource stands at 38 million tonnes grading 0.95 g/t Au and 22.99 g/t Ag, containing 1.2 million oz of gold and 28 million oz of silver (equivalent to 1.6 million oz of gold at a gold to silver ratio of 1:60) in the Indicated Category; and 17.2 million tonnes grading 0.62 g/t Au and 12.83 g/t Ag, containing 342,000 oz of gold and 7 million oz of silver (equivalent to 460,000 oz of gold at a gold to silver ratio of 1:60) in the Inferred Category - (Resource Estimation – Met-Chem Canada Inc. April 2005 filed on www.sedar.com).

Sulliden’s rights to the Shahuindo property are in dispute and are the subject of extensive litigation in Peru.

Caution regarding forward-looking information:

Statements contained in this document which are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management’s expectations with respect to, among other things, the outcome of legal proceedings, the issue of permits, the size and quality of the company’s mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the company. Factors that could cause such differences, without limiting the generality of the following, include: volatility and sensitivity to market metal prices; impact of change in foreign currency exchange rates and interest rates; imprecision in reserves estimates; environmental risks including increased regulatory burdens; unexpected geological conditions; adverse mining conditions; political risks arising from operating in developing countries; legal title to properties, outcome of litigation, changes in government regulations and policies, including laws and policies; and failure to obtain necessary permits and approvals from government authorities; and other development and operating risks.

Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.

Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this document. The Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

For further information contact:
John F. Kearney,  President
Tel: (416) 703-8287
E-mail: contact@sulliden.com                  

James H. Coleman, Chairman
Tel: (403) 267-8373   

Craig Geier, Vice President and CFO
Tel: (416)703-8287