News

Montreal, September 13, 2006: Sulliden Exploration Inc. (Sulliden) is pleased to report that its wholly-owned Peruvian subsidiary, Minera Sulliden Shahuindo S.A.C. has obtained from the SUNARP (the official Peruvian state registry) office in Trujillo, the notification of registration for 20 of the 26 mining concessions of the Shahuindo gold-silver Property. The six other mining concessions are already registered at the SUNARP’s Lima office.

The registration was effected following the Decision of the Arbitration Tribunal dated July 19, 2006 in Sulliden’s favour confirming the validity of the Transfer Contract for the Shahuindo Property and ordering the transfer of the mining concessions into Sulliden’s name, and the subsequent Court injunction obtained by Sulliden from the Civil Court of Lima on August 1, 2006 ordering the parties to comply with the Decision rendered by the Arbitration Tribunal.

Therefore, Minera Sulliden Shahuindo SAC is the sole and only official owner of the Shahuindo property and according to Peruvian laws is the only entity that can ask and obtain required permitting from the authorities in order to perform any mining related activities on that property.

Commenting on this registration, Jacques Trottier, President and CEO of the Company, declared “We are very happy with this confirmation from the SUNARP of the Shahuindo titles registration. This a key step toward the reinitiating and continuing of the exploration and development work of this great project located in a land of giant deposits such as Barrick Alto Chicama. I am looking forward with great enthusiasm to the start up of next drilling campaign which should be initiated as soon as possible!
Sulliden Exploration Inc. is a mineral exploration company focused on the development of its 100% interest in the Shahuindogold-silver project located 25 km north of Alto Chicama and 70km south of Yanacocha in northern Peru. The resource stands at 1.5 million ounces of gold at an average grade of 0.85 g/t Au and 35.2 million ounces of silver at an average grade of 19.83 g/t Ag, for a total gold equivalent of 2.1 million ounces of gold at gold to silver ratio of 1:60. In addition, Sulliden has an option interest to acquire 66% of an adjacent 1,900 hectares known as the Vikingoconcessions which brings the Company’s land holdings in this exciting gold district to almost 10,000 hectares. In southern Peru, Sulliden, through a subsidiary, has entered into an option agreement to earn a 50% interest in the Torrine gold project with Aruntani SAC and affiliates.

For further information please contact:

Jacques Trottier, President
Tel: (514) 861-1953
e-mail: sulliden@colba.net

Mr. Jim Coleman, Chairman
Tel: (403) 267-8373