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Re: Bobwins post# 207

Friday, 10/03/2008 12:36:32 PM

Friday, October 03, 2008 12:36:32 PM

Post# of 296
Sutter Gold Appoints New President and CEO -
Monday September 15, 3:40 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2008) -

Sutter Gold Mining Inc. -
(TSX VENTURE:SGM - News; "SGM" or the "Company") is pleased
to announce that Mr. Clayr Alexander,
has been appointed as President and CEO of the Company.

Hal Herron will continue as the Company's President and CEO
until Mr. Alexander joins the Company full time at
the end of October.


Mr. Alexander is a mining engineer and senior mining
professional with over 30 years experience in virtually
all aspects of the mining industry from mine permitting
and development to project construction and operations.
He has spent 20 years in senior technical and later
management positions with Stillwater Mining Company, and
has served as an independent consultant.
Most recently, with Kinross Gold Corporation, he played
a key role in the timely development and construction of
the Kupol mine in Far East Russia as Deputy General Manager.

Mr. Alexander will be responsible for all aspects of
the Company's growth and development with the focus
on advancing -
the Sutter Gold Project near Sutter Creek, California, -
which is centrally located within a 10-mile section of
the Mother Lode Belt where over 7 million ounces have
been produced from 16 historic mines.

The Sutter Gold Project -
hosts a current NI 43-101 compliant (February 2008)
indicated resource of 673,600 tons grading 0.33
(uncut) ounces of gold per ton (11.3 g/t) for
223,044 contained ounces and an inferred resource
of 2.38 million tons grading 0.19 (uncut) ounces of gold
per ton (6.6 g/t) for 458,914 contained ounces.

The Company has received all the major permits required
by the State of California and Amador County for
the development and operation of an underground
gold mine and milling facility.


With Mr. Alexander's appointment,
the immediate efforts of the Company will be:

- Feasibility studies including completion of a comprehensive
geologic data base and models (geologic and grade) in
support of detailed mine development and production profile.

Confirmatory metallurgical test work for defining a final
process flow sheet, equipment selection and construction
costing for the processing facility. Completing required
monitoring, waste material handling procedures and final
reclamation plans for incorporation into
SGM's existing permits.

- Recruitment of remaining senior management and systems
for the establishment of a standalone corporate office,
including a CFO and COO as well as operating management;
and,

- Focused investor relations and marketing efforts to ensure
the investment community understands the Company,
project feasibility, development plans and the inherent
value of the Company's assets.

Mr. Alexander commented, "The Sutter Gold Project is a
solid foundation on which to advance the Company as
an emerging gold producer.

The Sutter Gold Project -
has been the subject of multiple non NI 43-101 prefeasibility
assessments since the late 1990s that provide the basis
for final feasibility evaluation of developing a mining
operation on the Lincoln-Comet portion of the Project,
indicated resource of 511,700 tons at 0.37 (uncut) ounces
per ton (12.6 g/t) and drill indicated inferred resource of
194,100 tons at 0.28 (uncut) ounces per ton (9.5 g/t).

The production opportunity is similar to the historic
underground mining of narrow veins that has occurred
along the Mother Lode structure and
exhibits excellent metallurgy.
Narrow vein mines are always challenging but the situation
at Sutter Creek is certainly much more favorable than
much of the underground development and mining I have
been associated with in the past.

Permitting is in its final stages and continues to be
well managed by the Sacramento office of Golder Associates.

Less than an acre (0.77 acres) has been identified
as perennial wetlands and will require a Section 404
wetlands permit under the Clean Water Act.

Indication from the US Army Corps of Engineers,
responsible for administering Section 404, is for
a 9 month permitting process.

Final Waste Discharge Requirements (WDR) will be included
in the final reclamation design and monitoring plans. Permitting is not expected to negatively impact the project's development schedule.

The final feasibility study will assess developing and mining
these resources at a nominal 300 to 500 tons per day
processed through a simple gravity separation circuit
followed by flotation to produce a gold concentrate that
will be shipped for final processing to a Nevada facility.

As such, Sutter Gold Mine -
will be one of the most environmentally responsible and
sound mining operations in the Western United States
while benefiting the local community and economy.


Sutter Gold is committed to developing our operations in
a socially and environmentally responsible manner.

Finally, I would like to thank Hal Herron for his past efforts in bringing the Company to a point where feasibility and development considerations are the focus at the Sutter Gold Project and an exciting exploration program is being executed by our joint venture partner Premier Gold at the El Alamo Project in Baja Mexico."

Mr. Mark Payne, P.Geo. Calif. 7067, is the Qualified Person for the Sutter Gold Project, as defined by NI 43-101, and has reviewed this release.

About Sutter Gold Mining Inc.

Sutter Gold Mining Inc. is a junior gold exploration and development company pursuing the goal of becoming an emerging producer through the evaluation of the development of the Lincoln-Comet zone of the Sutter Gold Project on the California Mother Lode. SGM controls 3.2 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. Unexplored potential exists at depth on the known zones, on both the foot wall and hanging wall of the Mother Lode and on the Melones Fault, the principal regional structure giving rise to the Mother Lode that exists on the eastern portion of SGM's property package. In Mexico, SGM holds 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. Initial exploration in joint venture with Premier Gold has demonstrated the extension of high grade veins on strike and at depth and a second phase of drilling will soon commence.

Hal Herron, President, CEO and Director

This news release was prepared by Company's management who take full responsibility for content.

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.


Contact:

Hal Herron
Sutter Gold Mining Inc.
CEO
(307) 851-2742
Email: herron3@yahoo.com

Website:

http://www.suttergoldmining.com

Source: Sutter Gold Mining Inc.

http://investorshub.advfn.com/boards/board.aspx?board_id=6350

God Bless


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