January 18, 2008
Sutter appoints Larsen as a Director, Anderson steps downSutter Gold Mining Inc. (TSX.V:SGM) announces that Mr. Keith G. Larsen, Chief Executive Officer and Chairman of the Board of U.S. Energy Corp., has been appointed to the Board of Directors of Sutter Gold. Mr. Larsen is a former director of The Brunton Company and former CEO and director of Rocky Mountain Gas, Inc. Mr. Larsen is a former director and founding member of Pinnacle Gas Resources, a public natural gas company. Mr. Larsen is also a managing member of the management committee overseeing the venture between U. S. Energy Corp. and Kobex Resources Ltd. for the development of the "Lucky Jack" molybdenum project.
The Board of Directors has also accepted the resignation of Mr. Norman Anderson from the Board. Mr. Anderson has had a long and distinguished career in the mining industry, including being CEO and Chairman of Cominco Ltd. (now Teck Cominco Ltd.) in the 1980s. Mr. Anderson has been a valuable member of the Board since 2004 and the Board would like to thank him for his contributions over the past four years.
About Sutter Gold Mine
The Sutter Gold project contains a 3.2 mile segment of the Mother Lode belt from which 10 historic mines produced 2.3 million ounces of gold. The historic mines bracket a one-mile-long portion of the Mother Lode belt with no historic gold production and which contains the Lincoln and Comet zones. The Lincoln and Comet zones were blind discoveries that did not outcrop at surface and which represent the first significant new gold discoveries made along the Mother Lode belt in the last 50 years. 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 101,385 feet of drilling have been accomplished in 230 diamond drill holes, and modern underground development consists of a 2,850-foot declined ramp with 2,400 feet of crosscuts plus five raises. The historic gold production was documented in a detailed report completed by Mark Payne, the consulting geologist to Sutter Gold and a qualified person as defined by National Instrument 43-101. Further information is available at the Company's Lincoln Project and El Alamo, Mexico gold concession at www.suttergoldmining.com.
For additional information, please contact:
Hal Herron, CEO, 307.851.2742, firstname.lastname@example.org
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.
You can view the Next News Releases item: Wed Feb 13, 2008, Sutter Gold Announces Resource Update for Sutter Gold Project
You can return to the main News Releases page, or press the Back button on your browser.