Sutter Gold Mining Inc.

Sutter Gold Mining Inc.

June 29, 2005 17:18 ET

Sutter Gold Mining Inc.: Gold Mine Becomes Copper Mine...for Thieves

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 29, 2005) - Sutter Gold Mining Inc. (TSX VENTURE:SGM) discloses that thieves broke into its gold mine on the night of June 20th and stole an estimated $10,000 of copper cable from the mine. The mine which is undergoing exploration and development towards reactivation as a gold mine has been left in the dark. Mine tours to the general public were suspended until flashlights could be purchased at the local hardware store.

Enterprising and Hard Working Thieves

Apparently the thieves cased the mine as part of one of the tours open to the general public. "They must have been watching the mine until the last worker left, and then struck with bolt cutters to the gate and portal," stated Mr. Stacy Rhodes, mine manager. "They must have walked a mile underground, cut the big 3 inch copper main, attached it to one of the tour carts and dragged the cable back up the ramp." The company's independent Mining contractor stated, "It took a lot of hard work to accomplish what they did in one night. Under better circumstances I'd be looking to hire hard working individuals like this."

Commenting on the extent of the damage, Sutter Gold Mining Inc. President Hal Herron said, "While the cable they took was worth $10,000 at present copper salvage prices, the damage to the mine infrastructure and attached subcomponents which were pulled off the walls as they drove the tour cart back up the ramp will cost the company over $50,000. Coming off the recent high of visible gold exposed during ongoing exploration (see news release dated June 28, 2005), this is like a poke in the eye with a sharp stick. Fortunately, we don't anticipate any major delays as we move the project ahead."

"Having to conduct the underground tours of a gold mine by flashlight has proven to be real popular with the grownups that come out to see what a gold mine looks like. We have had to keep the little children away as the mine is now just too spooky for the little ones," said tour conductor Ms. Chris Boitano. Anyone interested in a tour of the Sutter Gold Mine (flashlights included for now) should call 209-267-5594.

The theft is being investigated by Amador County Sheriffs Department who were surprised that an active mine site had now been targeted. Apparently, abandoned or inactive mines have been the targets to date.

About Sutter Gold Mine

The Sutter Gold project is situated on a contiguous 535-acre block of mining claims 45 miles east-southeast of Sacramento, Calif., in the central part of the 121-mile-long Mother Lode gold belt. The Sutter Gold project has been the subject of considerable modern exploration activity, most of it centering on the Lincoln and Comet zones, which are adjacent to each other and together referred to as the Lincoln project. A total of 85,085 feet of drilling have been accomplished in 190 diamond drill holes, and modern underground development consists of a 2,850-foot declined ramp with 2,400 feet of crosscuts plus four raises.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

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