Sterling Mining Co.

Published : January 02nd, 2008

Adds To Executive & Mine Mangagement Teams

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Wednesday, January 02, 2008
Sterling Adds To Executive & Mine Mangagement Teams


Wallace, Idaho -- January 2, 2008 -- (Marketwire) -- Sterling Mining Company (TSX: SMQ / OTCBB: SRLM / FSE: SMX) today announced the appointment of Matthew Kavanagh as the Company's new Vice President Corporate Development as well as the promotions of Fred Peck and Mike McLean.

Mr. Kavanagh is a Chartered Accountant with 20 years of extensive experience in finance and Canadian markets, most recently as Chief Financial Officer at Minco Mining Group and as Director of Finance and Corporate Compliance with Dragon Pharmaceuticals Inc. He has also worked with the accounting firm Coopers and Lybrand for four years in both Canada and New Zealand. As VP Corporate Development, Mr. Kavanagh will contribute organizational and developmental expertise and provide for implementation of a strategic plan to add value to Sterling's non-core exploration land position of over 65,000 acres of silver prospects and projects in key silver districts in the United States and Mexico.

Several other personnel changes have been made.

Sterling has promoted Fred Peck, formerly Accounting Manager, to Assistant Controller. Mr. Peck, a Certified Public Accountant, has been with Sterling Mining Company since February 2006.

Mike McLean has been promoted to General Manager of Sterling's Sunshine Mine Division. Mr. McLean was Chief Engineer and Mine Manager for Sunshine Mine before its closure under the former operators in 2001. Since February 2004, Mr. McLean has been Sterling's Mine Manager for the Sunshine Mine project.

Frank Maciosek, formerly Mine Superintendent, was also recently promoted to become Mine Manager of the Sunshine Mine in light of his mining and technical experience that spans several decades. He has spent 34 years in Idaho's Silver Valley with Asarco, Silver Valley Resources and Coeur Silver Valley in various technical supervisory positions.

Sterling's President Ray De Motte stated, "Sterling has experienced rapid growth throughout 2007 and will continue intense growth in 2008. Our employees and consultants now number 150 in the United States and Mexico combined. These appointments and promotions are part of an ongoing process to build management depth in the Company that supports our goals. Since February 2004, Mike McLean and I have very worked closely together; his promotion to GM recognizes his leadership of the Sunshine Mine Division of the Company. Mr. Maciosek's solid experience and proven track record will a great benefit as we move into our first year of production. Mr. Kavanagh will assist guiding Sterling's development to maximize the value of our silver exploration assets."

About Sterling Mining Company
Sterling Mining controls the Sunshine Mine, which began initial 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 TSX under the symbol "SMQ", on the OTCBB under the symbol SLRM, 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
Alison Tullis, Account Manager
Tel: (416) 868-1079 x233
alison@chfir.com

To receive Sterling news via email, please email sarah@chfir.com and specify "SMQ news" in the subject line.


Cautionary Language and Forward Looking Statements
Certain statements contained in this news release and subsequent oral statements made by and on behalf of the Company may contain forward-looking information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and similar Canadian legislation. Such forward-looking statements are identified by words such as "intends", "forecast", "anticipates", "believes", "expects", and "hopes" and include, without limitation, statements regarding the Company's plan of business operations and future production. Such forward looking information is based entirely on management's estimates based on information available at the time of this news release. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, the uncertainties involved in interpreting drilling results and those set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2006 filed with the U.S. Securities and Exchange Commission ("SEC") and other filings made from time to time by the Company with the SEC and Canadian securities regulators. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulation, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.

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. 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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Sterling Mining Co.

DEVELOPMENT STAGE
CODE : SRLMQ
ISIN : US8594101029
CUSIP : 859410 10 2
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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 / CHESTER and SUNSHINE / METROPOLITAN in Mexico and its main exploration properties are 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 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 US$ 710 820 as of today (€ 500 417).

Its stock quote reached its lowest recent point on August 11, 2011 at US$ 0.02, and its highest recent level on December 02, 2011 at US$ 0.02.

Sterling Mining has 39 489 992 shares outstanding.

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In the News and Medias of Sterling Mining Co.
8/7/2007Sunrise at Sunshine
8/15/2006SRLM : Off the Pinks and in the Pink
Annual reports of Sterling Mining Co.
2007 Annual Report
2007 Annual report
2006 Annual Report
Financings of Sterling Mining Co.
8/3/2007Completes Private Placements And Receives Conditional Approv...
Nominations of Sterling Mining Co.
4/18/2008Appoints Kenneth Rux as Controller
9/18/2007Appoints QP For The Sunshine Mine
5/7/2007Appoints Mooney Treasurer
4/27/2007Hires Hasz as Tehcnical Services Manager and Chief Engineer
Project news of Sterling Mining Co.
2/24/2009(Sunshine Mine)Vacates Sunshine Mine Lease
9/15/2008(Sunshine Mine)Company Suspends Production at Sunshine Mine
5/12/2008(Sunshine Mine)Announces Positive Drill Results
3/13/2008(Sunshine Mine)to Host Ribbon Cutting Ceremony to Commemorate Production at...
12/20/2007(Sunshine Mine)Commences Production at Sunshine Mine
11/19/2007(Sunshine Mine) Hires 101st Employee At Sunshine Mine
9/13/2007(Sunshine Mine) Begins Drifting on Silver Mineralization Exposed by Cross-C...
9/19/2007(Sunshine Mine)43,101 Technical Report on the Sunshine Mine, Big Creek, Ida...
Corporate news of Sterling Mining Co.
4/24/2010Successful Auction of Stock and Assets
3/3/2009To Voluntarily File For Bankruptcy Protection
1/23/2009Provides Update
1/12/2009Names John Ryan As President, CEO
9/15/2008Company to Host a Shareholder Reception
9/9/2008Company Responds to Misleading Press Releases
9/2/2008Company and Minco Silver Corporation Agree Not to Proceed wi...
7/23/2008and Minco Silver Announce Proposed Business Combination
7/17/2008Announces Stock Option Grants
6/23/2008Closes $2.4 Million Bridge Loan
6/5/2008Issues Update
6/4/2008100% Successful in Litigation
5/27/2008ANNOUNCES MANAGEMENT CHANGE
5/6/2008CLOSES US$1.8 MILLION FINANCING
3/25/2008 Sunshine Mine Update
1/2/2008Adds To Executive & Mine Mangagement Teams
9/28/2007Begins Processing Ore Through Sunshine Mill
9/17/2007Co-Sponsors 5th Annual Silver Summit In Coeur D'Alene and Wa...
6/26/2007Finalizes Preparations For Upper Mine Exploration Cross-Cut
5/29/2007Advances Lower Mine Development At The Sunshine Mine
10/2/2006Mining's Pine Creek Properties to be Explored by Aura Silver
8/15/2006now listed on OTC Bulletin Board
12/12/2005to begin underground drill program on untested Silver Summit...
1/26/2004 Signs Memorandum of Understanding to Acquire Baroness Silve...
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OTHER OTC (SRLMQ)FRANKFURT (SMX.F)
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Produces
Develops Gold - Silver
Explores for Copper - Gold - Silver
 
 
 
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