| | Publié le 07 mai 2007 | Appoints Mooney Treasurer |
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News Release - Monday, May 07, 2007
Sterling Mining Appoints Mooney Treasurer
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Wallace, Idaho - May 7, 2007 - (BUSINESS WIRE) - Sterling Mining
Company (OTCBB: SRLM) today announced that Michael L. Mooney, who has
served the Company since May 2005 as Corporate Secretary/Assistant
Treasurer, has been appointed Corporate Treasurer of the Company,
effective immediately, while he also remains Corporate Secretary.
Mr. Mooney replaces Gene Higdem who has resigned as Treasurer to take
up another position at Sterling Mining on the operations side. Gene
Higdem has been a key member of Sterling's management team since 2003.
Raymond De Motte, Sterling's President commented, "Mike's new role
as
Corporate Treasurer will call on his wealth of experience to help guide
Sterling on its growth path. Smoothing the transition will be the added
advantage of having Gene still here as a valuable part of the Company
and available for counsel."
Prior to joining Sterling Mining, Mr. Mooney spent more than 25 years
with Hollister-Stier Laboratories LLC of Spokane, Washington (formerly
Bayer Corporation), where he also served as chief financial officer for
five years until 2004. Mr. Mooney holds a Bachelor of Sciences degree
in Accounting from Gonzaga University of Spokane.
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.
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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Copyright (c) 2007 STERLING MINING CO. (SRLM) All rights reserved.
For more information visit our website at
http://www.sterlingmining.com/ or send mailto:info@sterlingmining.com
Message sent on Mon May 7, 2007 at 9:00:33 AM Pacific Time
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Sterling Mining Co.
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EN DÉVELOPPEMENT |
CODE : SRLMQ |
ISIN : US8594101029 |
CUSIP : 859410 10 2 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Sterling Mining est une société de production minière basée aux Etats-Unis D'Amerique. Sterling Mining est en développement de projets d'argent et d'or en USA et au Mexique. Ses principaux projets en développement sont SUNSHINE MINE en USA et BARONESS, SUNSHINE / CHESTER et SUNSHINE / METROPOLITAN au Mexique et ses principaux projets en exploration sont TESORITO, EAST SILVER VALLEY, CENTRAL SILVER VALLEY, SUNSHINE / MINERAL MOUNTAIN, EL MORRO MEXICO, LA ESPERANZA (VETAS NEGRA), ARTURO, TROUT CREEK, PINE CREEK IDAHO, SUNSHINE / MERGER GROUP, MINTON PASS, STANDARD CREEK, EAST BULL, JE PROJECT, LUCKY LUKE, LA CHAPIS, CUATRO CIENEGAS, JIMENEZ DE TEUL, SUNSHINE / UNITED MINES, SUNSHINE / BISMARK, BEACON LIGHT, WEST SILVER VALLEY et BOLSCHOI AND TERRIBLE JIM au Mexique. Sterling Mining est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 710 820 US$ (500 417 €). La valeur de son action a atteint son plus bas niveau récent le 11 août 2011 à 0,02 US$, et son plus haut niveau récent le 02 décembre 2011 à 0,02 US$. Sterling Mining possède 39 489 992 actions en circulation. |
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