Geologist-designated selected intervals of HQ-size core from the drill holes were cut in two by means of a diamond saw and one-half of the drill core was bagged and sent to the assay lab. All sample preparation, fire assays, and chemical analyses were made by ALS Minerals of Reno, NV. Reported assay gold results are from 50-gram sample charges.
Senior Exploration Geologist
Sutter is pleased to announce that Scott Briscoe has joined the staff of the Company as Senior Exploration Geologist. Scott is a native Mother Lode geologist from Placerville who graduated from the University of Nevada, Reno with a Bachelor of Science, Geology. Scott has spent much of his career in the gold and precious metals sector, working in both exploration and production, on surface and underground. His passion for the California Mother Lode and his broad skill set will serve well as he focuses on the Company's large mineral rights package. Having just returned to the USA from Australia where he led a team which accomplished a successful large scale gold discovery, Scott now brings a very modern technical approach towards vein deposit exploration and evaluation. Scott will focus his early attention on the properties immediately adjacent to the Lincoln Mine Project such as the Keystone, where the company has NI 43-101 compliant gold resources.
The material in this news release has been reviewed by Stephen Zahony, Consulting Geologist, a Qualified Person as defined in NI 43-101. SGM wishes to thank Mr. Zahony, who continues to consult for the Company, for his contributions during the 2012 drill program.
Sutter is a near-term gold producer, building Phase One of the new Lincoln Mine Project in the historic California Mother Lode. Ramp-up to full production is planned in the first half of 2013. 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 4.6 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 over 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 & DirectorSutter Gold Mining Inc.