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Message: Sulliden Announces Further Positive Drill Results at Shahuindo

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TORONTO, ONTARIO -- (MARKET WIRE) -- 09/19/11 -- Sulliden Gold Corporation Ltd. ("Sulliden", or the "Company") (TSX: SUE)(OTCQX: SDDDF)(BVLAC: SUE) is pleased to announce further positive drilling results from the ongoing 2011 exploration program underway on its Shahuindo Gold and Silver Project in Peru. Results from the planned 70,000 metre drill program continue to demonstrate mineral growth in the Central Corridor, which hosts the current National Instrument 43-101 mineral resource estimate.

Highlights include:

--  Hole SH11-220 in the West Zone
    --  0.97 g/t Gold and 12.6 g/t Silver over 111.0 meters, including 1.87
        g/t Gold and 15.8 g/t Silver over 22.5 metres


--  Hole SH11-249 in the Central Zone
    --  1.44 g/t Gold and 13.6 g/t Silver over 33.0 meters, including 2.10
        g/t Gold and 23.7 g/t Silver over 17.1 metres


--  Hole SH11-248 in the East Zone
    --  0.84 g/t Gold and 17.7 g/t Silver over 64.5 metres including 1.49
        g/t Gold and 58.2 g/t Silver over 16.5 metres

Drill results from the West, Central and East Zones continue to expand the mineral system in the Central Corridor, which remains open along strike, at width and at depth.

Results from 29 holes, representing 6,062 metres of drilling, are reported in Table 1 and the collar locations are shown in Figure 1. Approximately 44,700 metres, representing 225 holes, have been drilled in 2011 to date and the Company is on track to complete its planned 70,000 metre drill program by the end of the year. Drilling continues to provide encouraging results in the Central Corridor and two other resource growth drill programs are underway, including exploration drilling targeting deep mineralization and exploration drilling in the North Corridor. Management believes success from these exploration programs could represent a meaningful scale of mineral resource growth at Shahuindo.

North Corridor Drill Program

The North Corridor, a parallel mineralized structure located approximately two kilometres north of the Central Corridor, has encouraging geophysical and geochemical anomalies that have yet to be drilled. On August 25, 2011, the Company announced the initiation of drilling in this corridor with the intention to complete approximately 5,000 metres of drilling in 25 holes by the end of 2011 (see planned drill hole locations in Figure 1). Exploration drilling in the North Corridor progresses and initial drill results are expected for release in the near future.

Deep Mineralization Drill Program

Since drilling was reinitiated in 2009, exploration holes in the Central Corridor have been drilled deeper than the historical 110 metre average and results to date have successfully delineated a continuity of sulphide mineralization directly below the oxide cap. In the current group of exploration results reported in this news release, this phenomena is evident in hole SH11-220 in the West Zone, where sulphides have been confirmed nearly 200 metres below the oxides.

The dedicated deep hole drill program will consist of approximately 15 deep holes, which will test the presence of sulphide mineralization at depths of 300-400 metres along the four zones of the Central Corridor. As results are obtained, pre-feasibility metallurgical test work is being conducted by G&T Metallurgical in Kamloops and SGS Lakefield in Vancouver to test the recoveries.

Stephane Amireault, Vice President of Exploration for Sulliden, commented, "We are pleased with the ongoing success of our drilling program on the Shahuindo property. Our exploration activities continue to define new mineral resources in the Central Corridor and the deeper drill holes that we are conducting are helping us validate the geological model of Shahuindo with confirmed extensions of mineralization in the sulphides at depth. We look forward to ongoing exploration success as we continue to drill our priority exploration targets in the Central Corridor, including deep sulphides, as well as the North Corridor."

To view Figure 1 - Plan View of Mineral Deposit Locating New Drill Hole Locations, please visit the following link: http://media3.marketwire.com/docs/728978_figure.jpg

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