TAHOE RESOURCES ADDED TO S&P/TSX COMPOSITE AND GLOBAL MINING INDICES
All figures in U.S. Dollars
VANCOUVER, B.C. (June 20, 2011) – Tahoe Resources Inc. (TSX: THO) is pleased to announce that the Company has been included in the S&P/TSX Composite Index and the S&P/TSX Global Mining Index, both effective at the open of market today. Inclusion is based on market capitalization and liquidity tests.
The S&P Indices, the world’s leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor’s family of indices.
Tahoe is a premier exploration company developing the 100% owned Escobal Project in Southeast Guatemala and is positioned to be a leading silver producer with high quality, low cost assets in the Americas. A Preliminary Economic Assessment (PA) for the Escobal Project has been filed on SEDAR and additional information is available on Tahoe’s website: www.tahoeresourcesinc.com.
Tahoe’s shares are traded on the Toronto Stock Exchange under the symbol THO.
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This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, which is also referred to as “forward-looking statements.” Wherever possible, words such as “plans,” “expects,” or “does not expect,” “budget,” “scheduled,” “estimates,” “forecasts,” “anticipate” or “does not anticipate,” “believe,” “intend,” and similar expressions or statements that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved, have been used to identify forward-looking information. In particular, this news release describes future events and conditions related to Tahoe’s plans for exploration and studies at the Escobal project. Forward-looking information is based on management’s reasonable assumptions, estimates, expectations, analyses and opinions on the date of this news release. These are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, Tahoe’s ability to carry on exploration and development activities, the timely receipt of required approvals, the price of silver and other metals, Tahoe’s ability to operate in a safe, efficient and effective manner and Tahoe’s ability to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Tahoe’s actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, many of which are beyond the Company’s control. These factors include, but are not necessarily limited to, results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles, receipt of licenses to conduct mining activities, country risks, project cost overruns or unanticipated costs and expenses, the availability of funds, fluctuations in metal prices, currency fluctuations, and general market and industry conditions. There is no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on this information. Tahoe does not undertake to update any forward-looking information, except as, and to the extent required by, applicable securities laws. For more information about the risks and challenges of Tahoe’s business, investors should review Tahoe’s AIF available at www.sedar.com.
For further information, please contact:
Tahoe Resources Inc.
Ira M. Gostin, Business Director