MINES MANAGEMENT ANNOUNCES RESULTS OF
ANNUAL GENERAL MEETING OF SHAREHOLDERS Spokane, Washington ? June 14, 2013 ? MINES MANAGEMENT, INC. (NYSE-Market: MGN, TSX: MGT) is pleased to announce the voting results for the annual general meeting of shareholders (the "Meeting") which was held on June 13, 2013 in Spokane, Washington. All of the director nominees set out in the management information circular dated May 7, 2013 were re-elected as directors, to serve a (3) three year term. In addition, Tanner LLC was re-appointed as the Company?s auditor for the fiscal year ending December 31, 2013. Details of the voting were as follows: Proposal #1 | Votes For | Percentage of
Votes For | Votes Withheld | | Jerry G. Pogue | 4,964,700 | 81.74% | 1,108,793 | | Robert L. Russell | 4,905,661 | 80.77% | 1,167,832 | | | | | | | | | | | | | | | | | Proposal #2 | Votes For | Percentage of Votes For | Against | Abstain | Tanner LLC | 16,374,135 | 97.47% | 60,250 | 361,456 |
The shareholders voted in favor of all matters brought before the Meeting. The results of voting will be filed on the website of the U.S. Securities and Exchange Commission on Form 8K and with Canadian disclosure on SEDAR, as well as the Company?s website, www.minesmanagement.com. About Mines Management Mines Management, Inc. is engaged in the business of acquiring and exploring, and if exploration is successful, developing mineral properties containing precious and base metals. The Company's primary focus is on the advancement of the Montanore silver-copper project located in northwestern Montana. The Montanore is an advanced stage exploration project containing a Canadian NI 43-101 measured resource of 4.03 million tons of material grading 1.85 ounces per ton ("opt") silver and 0.74% copper, an indicated resource of 77.5 million tons grading 2.05 opt silver and 0.75% copper, and an inferred resource of 35.1 million tons grading 1.85 opt silver and 0.71% copper, and is currently undergoing the process to obtain permitting approval. Additional information is available at Mines Management's website: www.minesmanagement.com. Cautionary Note to U.S. Investors concerning estimates of Measured and Inferred Mineral Resources:
This press release uses the terms "Measured Mineral Resource?, ?Indicated Mineral Resource?, and "Inferred Mineral Resource." We advise U.S. investors that while those terms are recognized and required by Canadian NI 43-101, the Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral reserves. Inferred Mineral Resources have a greater amount of uncertainty as to their existence and as to their economic and legal feasibility. In accordance with Canadian rules, estimates of Inferred Mineral Resources cannot form the basis of feasibility or other economic studies. U.S. investors are cautioned not to assume that part or all of the Inferred Mineral Resources exists, or is economically or legally mineable. The SEC normally only permits issuers to report mineralization that does not constitute 'reserves' by SEC standards as "in place" tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject to NI 43-101. FOR MORE INFORMATION:
Douglas D. Dobbs
President, Mines Management, Inc.
905 West Riverside Ave - Suite 311
Spokane, WA 99201
Phone: 509-838-6050
Fax: 509-838-0486
Email: info@minesmanagement.com
Web: www.minesmanagement.com
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