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Friday 03rd of September 2010
Thursday, June 5, 2008

Sterling Mining 100% successful in Litigation

Sterling Mining 100% successful in Litigation

Sterling Mining Company announces that the United States District Court in Idaho dismissed securities litigation brought by J.D. Christianson and related parties against Sterling and several directors.

The Court had previously dismissed significant parts of the case, and after reviewing amended claims submitted by Christianson in response, dismissed the case in its entirety with prejudice.

Commenting on the matter, Sterling’s interim President/CEO, Ken Berscht, said it is indeed satisfying that this litigation is over.

Sterling and the named defendants vigorously challenged and defended this legal proceeding from the outset, and that defense has now been successful, he added.

Sterling Mining controls the Sunshine Mine, which began initial production in December 2007, and related exploration lands in the prolific Silver Valley of northern Idaho.

The Company also holds several silver properties in Mexico, including the Barones Tailings Project in the Zacatecas Silver District.

 

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