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Article

20 Jan 2011

Author:
OceanaGold

OceanaGold Corporate Update

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OceanaGold...wishes to provide a corporate update relating to various media reports in recent days regarding...the Didipio Project in Northern Luzon, Philippines. The Company has been made aware that the Commission on Human Rights of the Philippines (CHR) has released a resolution in response to certain allegations made against the Company in 2008/2009. The Company is concerned that it has not been formally notified by the CHR office...OceanaGold is fully committed to the development of the Didipio Project. The Company continues to maintain its obligations under the leasehold agreement (Financial and Technical Assistance Agreement) and is operating in accordance with the Philippine Mining Act in partnership with the Philippine Government and with local community stakeholders. The Company is compliant with all the laws and regulations associated with operating as a foreign company in the Philippines and is committed to ethical, responsible and sustainable mineral development...OceanaGold CEO, Mick Wilkes stated "The Company is firmly committed to building strong and enduring relationships with our community in the development and ongoing operations of the Didipio Project for the benefit of all stakeholders"...