MOSQUITO CONSOLIDATED GOLD MINES LTD.
MSQ-TSX-VENTURE
Tel: 604-689-7902 WWW.MOSQUITOGOLD .COM FAX: 604-689-7816
Release of Environmental Assessment:
The Next Exploration Step for CuMo
Vancouver, July 22, 2010 - Mosquito Consolidated Gold Mines Limited (Mosquito – MSQ-TSXVenture)
is pleased to report that the U.S. Forest Service released yesterday an Environmental
Assessment (EA) regarding the CuMo Project. This release is a step toward further exploration of what
may prove to be a very significant molybdenum deposit in Boise County, Idaho. Officials with Mosquito
emphasized that the EA only facilitates additional exploration work needed to determine whether
sufficient reserves exist to begin development of a formal mine plan.
“We have additional exploration work we need to do in order to confirm what we believe is a major
molybdenum deposit” said Shaun Dykes, the project manager. “The release of the EA is another step in
an ongoing public process.”
Dykes emphasized that the Company currently does not have a mine plan. Mosquito requires the
information that will be obtained by completing additional exploration on the property in order to assess
the ultimate scope of the reserves.
The release of the EA begins a 30 day public comment period. The Forest Service is in charge of that
process.
If authorized by the Forest Service after comments are considered, Mosquito could be allowed to build
up to 13.3 miles of temporary roads and drill more than 200 holes. This reflects an upper limit on what
is authorized. The actual amount of road and drill hole construction will depend on results as the
exploration proceeds. Mosquito is confident that the actual road miles and number of drill holes will be
substantially less than the upper limit described in the EA. The EA also indicates that exploration
activities will be designed to ensure no significant trees are cut in the process. It should also be noted
that current access roads will be maintained but not widened. Mosquito will post a bond sufficient to
ensure reclamation of the temporary roads and drill pads at the end of the project. The exploratory
drilling will take place approximately 14 miles northwest of Idaho City in an already disturbed area.
Mosquito also will be contracting with local providers to undertake the technical support the company
needs to complete the work.
The company has developed a new website specifically related to CuMo exploration –
www.cumoproject.com.
Molybdenum is used principally as an alloying agent in steel, cast iron, and super alloys to enhance
hardening ability, strength, toughness, wear, and corrosion resistance. Molybdenum plays a significant
role in contemporary industrial technology, which increasingly requires materials that are serviceable
under high stress, expanded temperature ranges, and highly corrosive environments. Moreover,
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molybdenum finds significant usage as a refractory metal in numerous chemical applications, including
catalysts, lubricants, and pigments. Molybdenum is rapidly becoming a critical metal in the
development of green technology and alternative energy. In addition it is extremely useful in the
protection of critical components for water desalination systems.
Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito is the
designated qualified person for the CuMo Project, and prepared the technical information contained in
this news release.
On Behalf of the Board
MOSQUITO CONSOLIDATED GOLD MINES LTD.
Brian McClay
President
About Mosquit
