Vancouver, British Columbia, June 18, 2009. Sutter Gold Mining Inc. ("Sutter" or "SGM" or the "Company") (TSX Venture: SGM) announces that pursuant to the Company's Stock Option Plan and subject to any regulatory approvals it is granting 800,000 Stock Options set at Cdn.$0.11 for a period of five years (2014) to Directors of the Company.
About Sutter Gold Mining Inc.
Sutter is a junior gold exploration and development company pursuing the goal of becoming an emerging producer through the development of the Lincoln-Comet zone of the Sutter Gold Project located on the California Mother Lode in Amador County, California. Sutter currently controls over three miles of the Mother Lode where 90% of the property has not been explored despite the definition of nearly 700,000 ounces of indicated and inferred resource. In Mexico, SGM hold the rights to the geologically similar, high-grade El Alamo district located in northern Baja were historic mining to the water table produced mined grades of 30 to 60 g/t of gold. Initial exploration with its joint venture partner, Premier Gold has demonstrated the extension of these high-grade veins.
FORWARD LOOKING STATEMENTS
This release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion, growth of the Company's businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies.
Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "planned", "expects" or "looking forward", "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or "belief", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
ON BEHALF OF THE BOARD OF DIRECTORS:
President, CEO & Director
Sutter Gold Mining Inc.
For further information please contact Robert Hutmacher, Chief Financial Officer at 303 238 1438 ext. 22 or firstname.lastname@example.org or visit our website at www.suttergoldmining.com.
You can view the Next News Releases item: June 29, 2009, Sutter Gold Mining Provides Technical Production Update On Lincoln Project, California
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