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News Releases
| | September 14, 2005
Sterling Mining Appoints Chief Financial Officer
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| | Wallace Idaho, September 14, 2005 - (BUSINESS WIRE) - Sterling Mining Company (OTC:SRLM) announced today the appointment of James N. Meek, MBA, CPA, as Sterling's Chief Financial Officer. Mr. Meek has been the acting Chief Financial Officer at Sterling since May 26, 2005 and will assume responsibility for all aspects of Sterling's financial matters.
Mr. Meek brings more than 25 years of experience in domestic and international mining finance and accounting. His most recent position was Treasurer of Coeur d'Alene Mines Corporation and he held positions with ASARO Incorporated, Century Mining Company and provided Sarbanes-Oxley consulting services to Stillwater Mining Company. He has a proven record of adding value in the mining sector by applying his experience in treasury, banking, finance, risk management, accounting, and commodities trading.
"With the commencement of production at the Baroness Project, our efforts are now primarily focused on the process of bringing the Sunshine Mine into production and advancing Sterling to a higher stock exchange. It is imperative that Sterling acquire management skills to support the growth we envisage over the next few years," said Sterling President, Ray De Motte. "We are extremely pleased to have someone of Mr. Meek's caliber join our Company."
Sterling Mining Company controls the legendary Sunshine Mine, the richest silver mine in American history with more than 365 million ounces of production over the past century. Sterling offers investors superior leverage to silver price increases through its extensive portfolio of "Silver Valley" landholdings in Idaho and through strategic alliances and equity stakes in neighboring companies. The Company also holds several advanced properties in Mexico, including the Baroness Tailings Project in the Zacatecas silver district, which began production in March 2005. Sterling stock trades on the OTC Market Exchange under the symbol "SRLM". Please visit the Sterling website at www.sterlingmining.com for more information.
Certain statements contained in this press release are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.
For more information contact:
Sterling Mining Company
Raymond De Motte, (208) 666-4070
www.sterlingmining.com
Investors Relations Contacts:
Cavalcanti Hume Funfer Inc. (CHF Inc.)
Olav Svela, Vice President & Account Manager,
Tel: (416) 868-1079 ext: 242
olav@chfir.com
Cathy Hume, CEO
Tel: (416) 868-1079 ext.: 231
cathy@chfir.com
If you would like to receive press releases via email contact Heather Colpitts (heather@chfir.com) and specify "Sterling press releases" in the subject line. |
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