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Sutter Gold Mining Inc. (TSXV:SGM)

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Last Post: 4/15/2014 9:08:07 PM - Followers: 21 - Board type: Free - Posts Today: 0
Sutter Gold Mining Inc.
Recent Updates
Welcome to Sutter Gold Mining Inc.
 
 
Sutter Gold Mining Inc. is a junior gold exploration and development company. Currently, Sutter has two properties; the Lincoln Project on the California Mother Lode in California, and the El Alamo Project, in which the company holds the rights to the geologically similar high grade property located in the northern Baja region of Mexico.

 
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Date: 04-Jun-09
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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 Toronto Exchange). 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.

Sutter Gold Mining Inc.

Corporate Website: http://www.suttergoldmining.com

Corporate Profile: http://www.suttergoldmining.com/CorporateProfile.php

Corporate Objectives (2006-2007):
http://www.suttergoldmining.com/CorporateObjectives.php

Board of Directors:
http://www.suttergoldmining.com/BoardofDirectors.php

Management:
http://www.suttergoldmining.com/Management.php

Company Head Office and Vancouver Office:
Head Office:
Sutter Gold Mining Inc.
877 North 8th West
Riverton, WY, USA 82501
Bus: 307-856-9271
Fax: 307-857-3050

Vancouver Office:
Suite 410, 325 Howe Street
Vancouver, BC, Canada V6C 1Z7
Bus: 604-687-3520
Fax: 604-688-3392

Transfer Agent:
General shareholder inquiries:
Computershare Investor Services
100 University Avenue,
9th Floor, North Tower
Toronto, Ontario
M5J 2Y1

In person delivery:
510 Burrard Street,
Suite 300
Vancouver, BC

Telephone: 1-800-564-6253 (toll free in Canada and the United States) between the hours of 8:30 a.m. and 7:30 p.m. Eastern Time or 514-982-7555 (international direct dial).
Fax: 1-888-453-0330

http://www-us.computershare.com/
Email: webservice@computershare.com

Sutter Gold Project details: http://www.suttergoldmining.com/Projectdevelopment.php

The Project was the first significant new gold discovery made along the Mother Lode Belt in last 50 years!


Sutter Gold Development details:
http://www.suttergoldmining.com/Projectexploration.php

Sutter Gold Exploration details:
http://www.suttergoldmining.com/Projectexploration.php

The Lincoln and Comet Ore zones!
With 10 percent of the area explored we have: Indicated Gold: 173,544oz...Inferred Gold: 521,417oz


www.4seasons-photography.com/Event_Sutter_Gold_Mine.html

www.caverntours.com/SG_slideshow/pages/SG_shop01.htm

Daily Chart


Weekly Chart


Share Structure: as of 11/24/2006
Total Number of Shares: 69,795,556
Shares in Escrow: 33,637,629
Net Outstanding: 36,157,927

Need to confirm from TA but here is the SS from the SEDAR filing of 11/29/2006

I/S and O/S: 68,889,556
Fully diluted: 96,543,994

As of 3/19/2007, another 7,621,867 shares will be issued to pay off over $2 million in debt to USEG pending TSX-Venture exchange approval.

Sutter Gold Sedar filings page:
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00002785

2007 PRs: http://www.suttergoldmining.com/PressReleases.php
2006 PRs: http://www.suttergoldmining.com/2006.php
2005 PRs: http://www.suttergoldmining.com/2005.php
2004 PRs: http://www.suttergoldmining.com/2004.php

Contact Sutter Gold Mining http://www.suttergoldmining.com/ContactSutterGold.php

Sutter Gold Mine -
Journey into the Heart of the Mother Lode -

http://www.caverntours.com/sgmt.html

http://www.caverntours.com/SG_slideshow/index.htm

SGM old golden bull has a long way back UP smile



The super red banksters cults -
Rothschilds World Part 1 "Glen, Rush, Michael...Here's to you boy's"


http://www.youtube.com/watch?v=yhKHwrUA5SM&feature=related


Rothschild World Part 2 "The Deep Dark Secret"

http://www.youtube.com/watch?v=y6QRGhGWQ4U&feature=fvwrel


Rothschild World Part 3 "All Enemies both Foreign and Domestic"


http://www.youtube.com/watch?v=u2HPF2qP0Ss&feature=related

Owner of Amador gold mine looks to start digging again
smile
Sacramento Business Journal - by Mark Anderson
http://www.bizjournals.com/sacramento/stories/2010/10/18/story7.html

Date: Monday, October 18, 2010, 12:00am PDT -
Last Modified: Thursday, October 14, 2010, 6:56pm PDT

The owner of Sutter Gold Mine -
in Amador County is finalizing a study to determine whether
cranking up the 21-year-old mine is economically feasible.

Last week, regulators approved the company's plans for waste
disposal units at the mine, a necessary step toward getting
the mine operating.
smile

The rising price of gold has spurred interest in reviving
the mine, which has been used primarily as a tourist
destination.
Gold is trading at record levels, reaching $1,370 an ounce
Wednesday.

Today's prices are double what they were in 2005.
Gold traded at less than $300 an ounce in 2002.

"We're finishing a preliminary economic assessment,"
said Robert Hutmacher, chief financial officer of
Sutter Gold Mining Inc.

The publicly traded company based in Vancouver, British Columbia,
is majority owner of the mine.

The preliminary study should be completed by the end of the year.

The company's goal is to move 200 to 300 tons of rock per day out of the mine.
smile
It would have to build a mill on-site to crush the stone
and extract the gold.

Earlier this year, Sutter Gold replaced the water treatment
plant at the mine, located just south of Sutter Creek.


And in September, Sutter Gold received approval from its
lender to access more than $4 million for exploration
and development.


Due to the high price of gold, there have been increased efforts
to prepare for gold mining, said Don Drysdale, spokesman
with the California Department of Conservation.
The department oversees the above-ground effects of mining.

In 2008, Australian mining company NewGold started surface
mining in Imperial County's Mesquite, located at the very
southeast corner of the state.
It is an industrial-scale operation that uses loaders and
dump trucks bigger than houses.

Mining in the Mother Lode tends to be underground,
hard-rock mining, rather than surface mining.
But the hard-rock mining tends to find higher-grade veins
of gold, said Michael Miller, chief executive officer and
director of the Original Sixteen to One Mine Inc.
in Alleghany, about 30 miles outside Nevada City.
The Alleghany mine has been operating continuously since 1896.

From the start of the Gold Rush in 1848 and up through the 1940s,
the 120-mile-long California Mother Lode produced 13 million
ounces of gold.
Almost 8 million of those ounces came from the 10-mile district
between Jackson and Plymouth, where the Sutter Gold Mine is
located.


But Sutter Gold Mine is not some throwback to the Forty-Niners
and the great California Gold Rush.

The mine first opened in 1989, using modern equipment.

The main shaft is bored out to 20-feet high -

big enough
to drive a municipal bus more than 3,000 feet into the mine.


Gold mining is highly regulated in California by federal,
state and regional governments, Miller said.
That regulation and very high startup prices have kept
most efforts at bay for decades.

For more than a decade, the Sutter Gold Mine, which was
developed as a working mine, has been used primarily as
a tourist destination, offering a hard-hat mine tour
that takes visitors in mining buggies about 1,000 feet
into the mine.

Despite not being active, the mine's various owners have kept
the mine close to operational and have updated its permits.

"They seem to have their ducks in a row," Drysdale said.

Gold has been trading at more than $700 an ounce since 2006.
A rally in gold prices in January 2008 saw the price peak at
more than $1,050 an ounce before sliding to the most recent
low of around $750 an ounce in October 2008.
In the past two years, the price of gold has trended upwards,
with prices hitting a record $1,355 an ounce earlier this month.

"Prices are always back and forth. It is always buyer beware
when buying gold," said Miller, with the Sixteen to One Mine.

That mine is a small operation, with eight miners working a
network that includes 35 miles of tunnels.

"I always say California is the most proven gold formation in
the world with the least production.
The mines didn't run out of gold, they ran into bad economics,"
Miller said.
"Most people think the gold is gone.
It's not gone, people stopped going after it."

California's gold mines started going dormant after World War II
when the price of gold was set at $35 an ounce by the
government.
After World War II and the Korean War, inflation outstripped
the value of gold, Miller said.
Because gold doesn't earn any interest, it loses some of its
allure as an investment during a period of high inflation
and high interest rates.

The current low-inflation economy paired with very low interest
rates play into gold's favor.
But there are still risks.

"Can a person realistically look at the price of gold today
and expect to get that in five to seven years?
I don't know.
No one knows, and that's the risk of buying gold," Miller said.

In addition, gold mining demands a tremendous amount of capital,
Miller said.
Although the Sixteen to One mine is technically open
and operating, it needs about $6 million in investment
to replace timbers, lay 2,500 feet of rail and sink a new shaft.

"Any of these mines needs a substantial investment.
It takes a lot of money for the deadworks, timber, plumbing
and electrical," he said.
Deadwork is the process of digging out overburden layers to
find a deposit of ore or gold.

Banks, financial companies and pension funds historically
have not been interested in investing in gold mining,
Miller said.

Other investors want core samples and statistics for
proven reserves, Miller said.
"I'm not going to lie to them.
I don't know.
What I do know is that we have gold in this mine,
and we are working to go after it."

..

MWM thanks good info smile


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Wiki
SGM News: Sutter Gold Mining Inc. Announces Appointment of New CFO 04/15/2014 05:00:00 PM
SGM News: Sutter Gold Mining Inc. Announces Appointment of New CFO 04/15/2014 05:00:00 PM
SGM News: Sutter Gold Mining Inc. Provides Project Update and Announces It Will Temporarily Suspend Operations at Lincoln Mine Project 03/04/2014 05:00:00 PM
SGM News: Sutter Gold Mining Inc. Favorably Restructures its Debt Obligations and Provides Project Update 12/23/2013 03:38:22 PM
News News Alert: Sutter Gold Mining Inc. Announces Appointment of New CFO 04/15/2014 05:00:00 PM
PostSubject
#494  Sticky Note Sutter Gold Mining Inc. (TSXV:SGM) Corporate Presentation - NYBob 05/23/13 11:27:07 AM
#548   Hi NYBOB, great job BTW. nagoya1 04/15/14 09:08:07 PM
#547   I get funds this week and will invest Beau1954 04/15/14 08:41:49 PM
#546   Hi Beau, I've owned Sutter shares for less nagoya1 04/15/14 07:50:22 PM
#545   This is one of the mines that I Beau1954 04/15/14 07:13:14 PM
#544   Sutter Gold Mining Inc. Announces Appointment of New CFO nagoya1 04/15/14 06:05:26 PM
#543   This should not be a surprise to you. cdma01 03/13/14 07:41:31 PM
#542   Something is wrong with this picture. Blindsquirrel 03/05/14 03:53:44 PM
#541   The AP report yesterday seemed to imply that NorCalMinerals 03/05/14 02:58:13 PM
#540   Sutter Gold Mining (SGM) $0.10 DOWN 0.07 (40.00%) NorCalMinerals 03/05/14 02:46:10 PM
#539   Sutter Gold Mining Temporarily Suspends Operations At Lincoln NorCalMinerals 03/04/14 07:09:27 PM
#538   Sutter Gold Mining I (SGM) fiar$0.2 UP 0.04 NYBob 02/27/14 10:36:11 AM
#537   Sutter Gold Mining Inc. (TSXV:SGM) above DMA200 - NYBob 02/08/14 01:10:52 AM
#536   Good news! Still not mining but maybe soon. Blindsquirrel 12/23/13 06:02:16 PM
#535   Sutter Gold Mining Inc. Favorably Restructures Its Debt NorCalMinerals 12/23/13 05:40:45 PM
#534   Blindsquirrel' on 'Sutter Gold Mining Inc. (TSXV:SGM) NYBob 12/09/13 05:00:19 PM
#533   The last pr from SGM said "development mining Blindsquirrel 12/06/13 10:28:06 PM
#532   DREAMING DONE . . . HISTORY IN THE NYBob 11/15/13 12:09:29 PM
#531   So who do you think brings out the Blindsquirrel 11/06/13 06:35:42 PM
#530   New presentation at the Sutter Website, check it NorCalMinerals 11/05/13 04:40:30 PM
#529   http://www.suttergoldmining.com/i/pdf/SGM_Corp-Presentation_May-9-2013_web.pdf NYBob 10/22/13 12:34:10 PM
#528   I might grab another position middle of next ajsollii 10/14/13 11:15:36 AM
#527   52 wk low n down 21% on just Blindsquirrel 10/11/13 08:58:58 PM
#526   http://www.suttergoldmining.com/i/pdf/SGM_Corp-Presentation_May-9-2013_web.pdf NYBob 09/11/13 03:39:29 PM
#525   IMO I don't think they are waiting for NorCalMinerals 09/09/13 07:30:31 PM
#524   You could always check out the Ruby mine... ryanonthevedder 09/02/13 12:39:30 PM
#523   Sutter Gold Mining I (SGM) fiat$0.22 UP 0.07 NYBob 08/26/13 01:07:15 PM
#522   Gold to run to $2,500 Ounce WizKid 07/22/13 02:29:43 PM
#521   Sutter Gold Implements Cost Cutting Measures and Provides NYBob 07/08/13 11:02:25 PM
#520   Guess ill continue to watch. Maybe a small ajsollii 07/05/13 11:10:55 AM
#519   Wonder what their monthly burn rate is while Blindsquirrel 06/24/13 04:52:06 PM
#518   I Called the company. It's amazing what WizKid 06/24/13 04:14:46 PM
#517   How did you come by this inside information? Blindsquirrel 06/17/13 03:37:48 PM
#516   I've been guessing September. ajsollii 06/17/13 03:16:46 PM
#515   Production starts in Q4, near the end WizKid 06/17/13 01:52:26 PM
#514   Sure has been hard to buy this stock trinityd 06/14/13 09:40:17 PM
#513   as you never know what your going Blindsquirrel 06/13/13 01:14:01 AM
#512   Use to own the other and did very trinityd 06/12/13 10:03:59 PM
#511   Agreed, totally different companies. I have shares Blindsquirrel 06/12/13 07:42:23 PM
#510   Big difference between the two. Sutter is very trinityd 06/12/13 05:41:23 PM
#509   NBRI's Ruby Mine in Sierra County is fully Blindsquirrel 06/12/13 04:10:04 PM
#508   what is the other company opening a mine WizKid 06/12/13 02:37:57 PM
#507   Hope so! I'm in another stock that is Blindsquirrel 06/12/13 01:11:43 AM
#506   they will begin production this month or next WizKid 06/10/13 06:49:52 PM
#505   Mining in the Historic California Mother Lode NYBob 06/05/13 01:26:29 AM
#504   10 years, and still no production? How Blindsquirrel 06/04/13 09:41:14 PM
#503   Pacific Opportunity has been involved with Sutter Gold NYBob 06/04/13 12:13:19 PM
#502   Sutter Gold Mining Inc. Signs US $8 Million NYBob 05/30/13 02:16:17 PM
#501   I actually called in and spoke with Amanda WizKid 05/29/13 01:35:51 PM
#500   Maybe some incentive to get this thing rolling...or ajsollii 05/28/13 09:25:17 AM
#499   Yes, that is exactly it. cdma01 05/24/13 02:25:36 PM
PostSubject