Sutter Gold Mining Inc. (SGMI)

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SGMI is a mineral exploration and development company focused on the development of its gold properties in Sutter Creek, California. SGMI is a public company with its stock trading on the TSX-V exchange (symbol: SGM.V).

The Company’s headquarters is in Riverton, Wyoming with a field office at its gold mining project in Sutter Creek, California. SGMI is the result of a reverse merger between Sutter Gold Mining Company (a private U. S. company) and Globemin Resources Inc. of Vancouver, B.C. SGMI is engaged in the exploration and development of gold mineral properties in the Mother Lode gold belt of north-central California.

The Sutter project is situated on a contiguous 535 acre block of mining claims 45 miles east-southeast of Sacramento, California in the central part of the 121 mile long Mother Lode Gold Belt. Sutter’s property lies within a 10-mile section of the Mother Lode Belt, which is credited with production of 7,800,000 ounces of gold.

Sutter’s property alone reportedly had production of 1,324,000 ounces of gold, essentially all recovered prior to 1920. This reported gold was recovered from several mines situated on what are now the Sutter claims.

The Sutter 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 85,085 feet of drilling have been accomplished in 190 core drill holes, and modern underground development consists of a 2,850 foot declined ramp with 2,400 feet of cross-cuts plus four raises. Sutter currently holds a conditional mining/milling permit for the properties allowing 1,000 ton per day operations.

The Company controls a significant part of this historically prolific district (over 3 miles of strike length), containing 19 historic mines that have produced gold in the past and still contain additional gold resources with exploration potential.

The Sutter Gold properties are located between Amador City and the City of Sutter Creek, in Amador County, CA situated about 47 miles southeast of Sacramento.

Mine Development Associates (“MDA”) of Reno, Nevada, prepared the NI43-101 report. Neil B. Prenn, P.Eng. and Peter A. Ronning, P.Eng., of MDA, both independent of the Company, were the authors of the April 2004, NI43-101 report. A copy of the NI43-101 report available here (Adobe PDF Reader is required).