Sterling Mining Company
OTC Bulletin Board : SRLM

Sterling Mining Company

September 18, 2007 14:47 ET

Sterling Mining Appoints QP for the Sunshine Mine

WALLACE, IDAHO--(Marketwire - Sept. 18, 2007) - Sterling Mining Company (OTCBB:SRLM)(FRANKFURT: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".

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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.

Contact Information

  • Sterling Mining Company
    Raymond De Motte
    (208) 699-6097
    Sterling Mining Company
    Monique Hayes
    (208) 699-6097
    CHF Investor Relations
    Cathy Hume
    (416) 868-1079 x231