| | Published : September 18th, 2007 | Appoints QP For The Sunshine Mine |
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Tuesday, September 18, 2007
Sterling Mining Appoints QP For The Sunshine Mine
Wallace, Idaho -- September 18, 2007 -- (MARKETWIRE) -- Sterling Mining Company (OTCBB: SRLM) (FSE: SMX) today reported that it has entered into a continuing agreement with Behre Dolbear & Company Limited to provide on-going services relating to the Sunshine Mine. Working primarily from the Toronto office, Behre Dolbear will provide advisory services, including regulatory compliance, and will report to Sterling's President and Sterling's Reserve and Resource Committee.
As required by NI 43-101, Sterling's designated Qualified Person for the supervision of exploration development of the Sunshine Mine and its adjacent properties will be Mr. Derek Rance, P.Eng.
Raymond De Motte, Sterling's President stated "We are delighted that we have been able to secure the services of Behre Dolbear, and in particular Derek Rance, on an on-going basis for the Company, and their assistance and guidance in our return to production, and our continuing exploration efforts at Sterling".
Founded in 1911, Behre Dolbear is one of the oldest, continually operating minerals industry consulting firms in the world. Since its founding, the company has spanned the industry from the primitive pick and shovel days of mining to the computer age of geostatistics. The company specializes in performing studies and consulting for a wide range of businesses with interests in the minerals industry.
On another matter, Sterling Mining Company announced it has appointed Cassels, Brock & Blackwell LLP as its Canadian legal counsel.
About Sterling Mining Company
Sterling Mining controls the Sunshine Mine, currently forecasted to begin production in December 2007, and related exploration lands in the prolific Silver Valley of northern Idaho. The Company also holds several silver properties in Mexico, including the Barones Tailings Project in the Zacatecas Silver District. Shares of Sterling Mining Company trade on the OTC Bulletin Board under the symbol "SRLM" and also on the Frankfurt Stock Exchange under the 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
or
Monique Hayes, Marketing/Communications
Tel: (208) 699-6097
CHF Investor Relations
www.chfir.com
Cathy Hume, CEO
Tel: (416) 868-1079 x231
cathy@chfir.com
To receive Sterling news via email, please email julia@chfir.com and specify "SRLM news" in the subject line.
Cautionary Language and Forward Looking Statements
This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities
This press release does not constitute an offer to sell or a solicitation to buy securities, and contains forward-looking statements regarding the Company within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements are based on assumptions that the Company believes are reasonable but that are subject to uncertainties and business risks. Actual results relating to any and all of these subjects may differ materially from expected results. Along with additional underground rehabilitation and restoration of site facilities, the timetable for the continuing work program anticipates production beginning in December 2007. If we are able to stay on schedule with the mine work and obtain the funding, equipment, and qualified operations personnel as needed for the work program, we believe production by December is doable. Factors that could cause results to differ materially include economic and political events, the ability to raise capital in the financial markets, and other factors discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2006 and subsequent 10-Q and 8-K filings.
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Data and Statistics for these countries : Mexico | All Gold and Silver Prices for these countries : Mexico | All
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VanEck Vectors Global Alternative Energy ETF
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DEVELOPMENT STAGE |
CODE : SRLMQ |
ISIN : US8594101029 |
CUSIP : 859410 10 2 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Sterling Mining is a producing company based in United states of america. Sterling Mining develops gold and silver in Mexico and in USA. Its main assets in development are SUNSHINE MINE in USA and BARONESS, SUNSHINE / METROPOLITAN and SUNSHINE / CHESTER in Mexico and its main exploration properties are TESORITO, CENTRAL SILVER VALLEY, EAST SILVER VALLEY, TROUT CREEK, EL MORRO MEXICO, LA ESPERANZA (VETAS NEGRA), ARTURO, SUNSHINE / MINERAL MOUNTAIN, PINE CREEK IDAHO, SUNSHINE / MERGER GROUP, MINTON PASS, EAST BULL, LA CHAPIS, CUATRO CIENEGAS, JIMENEZ DE TEUL, STANDARD CREEK, JE PROJECT, LUCKY LUKE, SUNSHINE / BISMARK, SUNSHINE / UNITED MINES, WEST SILVER VALLEY, BEACON LIGHT and BOLSCHOI AND TERRIBLE JIM in Mexico. Sterling Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is 853 960 as of today (€ 601 188). Its stock quote reached its lowest recent point on August 11, 2011 at 0.02, and its highest recent level on December 02, 2011 at 0.02. Sterling Mining has 47 442 200 shares outstanding. |
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