Elysee Development Corp (ASXSF)

[NYBob]

Montanore, USSIF and Sunshine mines are connected underground
we need some sunshine on it

Sterling Mining Names John Ryan As President, CEO
Coeur d'Alene, Idaho -- January 12, 2009 - Sterling Mining Company (OTCBB:SRLM / FSE:SMX) is pleased to announce the appointment of John P. Ryan as President and Chief Executive Officer and Ron Ho as Corporate Secretary and Treasurer, both effective immediately. Mr. Ryan will succeed Ken Berscht as interim President, who has resigned but will remain on the Board of Directors. Mr. Ryan was also named to the Board of Directors of the Company.

John P. Ryan has extensive experience with development-stage companies, most recently as the Chairman of U.S. Silver Corporation from June 2006 until October, 2006, also serving as Chief Financial Officer of U.S. Silver Corporation until May 1, 2007. Mr. Ryan remains on the board of U.S. Silver and is one of three co-founders of the Company. Mr. Ryan is currently Chief Executive Officer of Gold Crest Mines, Inc., an exploration company focused on gold projects in Alaska and Central Idaho, and a Director of Silver Verde May Mining Company, Inc., a development stage company with exploration projects primarily in the east end of the Coeur d'Alene Mining District. Mr. Ryan attended the University of Idaho where he received a B.S. degree in Mining Engineering, and he also received a Juris Doctor from Boston College.