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News Releases
| | October 05, 2006
Sterling Mining Announces Exploration Program for Metropolitan Mines Property
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| | Wallace, Idaho - October 5, 2006 - (BUSINESS WIRE) - Sterling Mining Company (OTC: SRLM) today announced an exploration program for the property leased from Metropolitan Mines (OTC : MEMLA)
The Company is finalizing plans to expand geophysical and geochemical surveys to the south onto ground leased from Metropolitan Mining Company in order to better define open-ended anomalies identified in 2003 and 2004. The first program is expected to be carried out by mid November 2006, with the expansion of the program to the east and south scheduled for 2007.
Sterling's Chief Geologist at the Sunshine Mine, Jeff Moe commented, "This expansion of exploration onto the surface area of the Metropolitan property is a logical step and part of our ongoing district wide exploration efforts utilizing modern exploration techniques."
The Metropolitan Property consists of approximately 840 acres of unpatented mineral lode claims that lay immediately south of the primary workings of the Sunshine Mine.
About Sterling Mining Company
Sterling Mining controls the historically significant Sunshine Mine and related exploration lands in the Silver Valley of North Idaho. The Company also holds several silver properties in Mexico, including the producing Baroness Tailings Project in the Zacatecas silver district. Sterling Mining trades on the OTC Bulletin Board under the symbol "SRLM" and also on the Frankfurt Stock Exchange, trading symbol "SMX."
FOR FURTHER INFORMATION, visit the Company's website at www.SterlingMining.com or contact:
Sterling Mining Company
www.SterlingMining.com
Raymond De Motte, President
Tel: (208) 666-4070
CHF Investor Relations
www.chfir.com
Mara Strazdins B.Sc.Geol.
Tel: (416) 868-1079 ext. 222
mara@chfir.com
To receive Sterling news via email, please email Alison@chfir.com and specify "SRLM news" in the subject line.
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. |
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| | You can view the Next News Releases item: Mon Nov 27, 2006, Sterling Mining Continues Workforce Expansion as Mill Renovation Starts at the Sunshine Mine
You can view the Previous News Releases item: Wed Oct 4, 2006, Sterling Mining Acquires Exclusive Rights to Big Creek Tailings Facility
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