Sutter Gold Mining Inc (SGM)

[NYBob]

Sutter Gold Comments on Recent Market Activity



VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 21, 2012) -

Sutter Gold Mining Inc.
(TSX VENTURE:SGM)(OTCQX:SGMNF)
("Sutter" or "the Company")
At the request of IIROC, Sutter Gold Mining Inc. wishes to
confirm that the Company's management is unaware of any
undisclosed material changes in the Company's operations that
would account for the recent increase in market activity.

The material in this news release has been reviewed by Matthew
Collins, COO, a Qualified Person as defined
by Canadian NI 43-101.

About Sutter Gold Mining -

Sutter is a growth-oriented exploration and development company
preparing to become a North American gold producer.

The Company has two projects:
the Lincoln Project
located in Amador County, California and
the Santa Theresa Project
located in the Northern Baja region of Mexico.

Currently, the Company's primary focus is the evaluation and
development of
the Lincoln Project,
beginning with the shallow portion of
the Lincoln-Comet ore zone of
the Lincoln Project, located on the California
Mother Lode Gold Belt.

The Lincoln-Comet and Keystone zones have a
NI 43-101 compliant Indicated Resource estimate (completed in
February 2008) of
612,400 tonnes (673,600 tons) grading 11.3 g/t Au (0.33 oz/ton)
containing 223,000 ounces of gold and
Inferred Resources of 2,161,700 tonnes (2,377,900 tons)
grading 6.6 g/t Au (0.19 oz/ton) containing
458,900 ounces of gold.

Sutter currently controls approximately
3.6 miles of the Mother Lode of Amador County,
with 90% of the property still unexplored.

Potential exists both at depth and along strike of the known
mineralized zones on both the footwall and hanging wall.

The 120-mile long Mother Lode Gold Belt produced over
13 million ounces of gold historically with
7.9 million ounces originating from
the 10-mile long segment between Jackson and Plymouth where
the Lincoln Project is strategically located.

Properties under the Company's control include
seven historic mines
with significant historic gold production totaling appr.
3.5 million ounces or 27% of the historic gold production from
the Mother Lode.

Historic mines located north and south of
the Lincoln Project
in the Jackson to Plymouth segment of
the Mother Lode
success fully mined
gold to depths of 4,500 and 6,300 feet, respectively.

In Mexico, Sutter holds the rights to the geologically similar,
high-grade El Alamo district of northern Baja, where historic
mining to the water table produced mined grades of
30 to 60 g/t gold.
Initial exploration with its joint-venture partner,
Premier Gold, has demonstrated the extension of high-grade
veins.

ON BEHALF OF THE BOARD OF DIRECTORS:

Dr. Leanne M. Baker, President, CEO & Director

Sutter Gold Mining Inc.

Forward-Looking Statements

This news release contains "forward-looking information----the
Company's revenues and capital expenditures and estimated
production.

Forward-looking information is subject ---- For the reasons set
forth above, investors should not place undue reliance on
forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.

Back

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73537636

Going to a dollar plus.
The stories I'm hearing is they think they never found
the mother load at the Sutter mine.

They gave up to soon when gold was found in Alaska.

Kinda like when they left Gold Hill NC and even there, they
figure half of what was mined is still in the tailings.


Nice article in the Sacramento paper...

http://www.bizjournals.com/sacramento/blog/mark-anderson/2012/03/golden-numbers-sutter-mine-yield-estimat.html
by energy_wave thanks good info -
(compared to 666 negative bashers of bolshevistic
ussr copycats around doing destruction to the People of Calif.)

SGM USA RICH GOLD MINES
Mark Anderson covers banking, finance, accounting, technology,
telecom, venture capital, hospitality, tourism and restaurants
for the Sacramento Business Journal.

http://www.suttergoldmining.com/i/pdf/SGM_PDAC_2012_web.pdf

http://www.suttergoldmining.com/s/home.asp



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73491463

http://www.bizjournals.com/sacramento/blog/mark-anderson/2012/03/golden-numbers-sutter-mine-yield-estimat.html?page=all

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73533132





SGM Chart TA Alert only New Start of LT BREAKOUT


God Bless