(TheNewswire)
Vancouver, British Columbia / TheNewswire / March 6, 2017 - Astorius Resources Ltd. (TSX-V: ASQ, Frankfurt: 47AF) (" Astorius" or the "Company") is pleased to provide the following update on its portfolio of gold projects. The application for the drilling permits on its 100% option on Rainbow Canyon inNevada has been filed with the Bureau of Land Management ("BLM").
Astorius is also pleased to announce that it has successfully completed negoitions with Lateegra Ecuador S.A. and Condor Mines S.A., in regards to the Condor mining projects it has optioned in Euador and also with Amlatminas and francisco Soria from whom Asotriuis bas optioned the Osos 1 Project, and has been able to delay the payments and will present a new time payment schedule in the following weeks when the principalsof Astorius will meet these companies and individulas in Ecuador. These negoitations relieve Astorius from the payment obligations on both projects and allows it to move forward with these important projects by maintaining the options granted on them.
About Astorius Resources Ltd.
Astorius (TSX.V:ASQ Frankfurt: 47A.S) is a junior exploration and near term production company focused on high value minerals deposits in North and South America,
ON BEHALF OF THE BOARD OF DffiECTORS
/s/ "Arthur Brown"
President & Director
This news release contains projections and forward-locking information thatinvolve various risks and uncertainties regardtng future events. Such forward-tooking trformaiion can include without limitation statements based on current expectations involving a number of risks and uncertainties and are no/ guarantees offuture performance of the Company. The following are important factors thai could causethe Company's actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of 'future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in theforward-looktng information. Actual results and future events could differ materially from anticipated in such information. Theseand all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirely by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management's estimates or opinions change.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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