STERLING MINING CO

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Type: Public
Classification: Monitor

Stock Quote: OTCBB:SRLM

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609 BANK STREET
WALLACE
Idaho
USA, 83873
Phone: +1 (208) 666 4070
Fax: +1 (208) 556 0228

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Company Summary

Sterling Mining Company is a mineral resource development and exploration company. The Company holds mineral leases proximate to the Sunshine Mine, and holds a substantial portfolio of patented and unpatented mining claims located in the Coeur d'Alene Mining District and in Montana.

Company News

Tuesday, September 01, 2009

Property: SUNSHINE MINE

Minco Silver Corporation announces that the United States Bankruptcy Court, District of Idaho has ruled that the amount to cure the Sunshine Mine Lease is US$1,162,420.10 and the administrative costs are US$147,229.99 to SNS Silver Corp. for care and maintenance of the mine from the period between February to June 2009. This final ruling from the Court puts an end to the controversy surrounding the Sunshine Mine Lease between Sterling Mining Company and Sunshine Precious Metals Inc.. As a result, Sterling regained control and possession of the Sunshine Mine on August 19, 2009. Minco Silver is working closely with Sterling in the care and maintenance of the Sunshine Mine and dewatering of the mine is expected to commence shortly.

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