Sterling Mining is Ahead of Schedule at Sunshine Mine; Production Set to Commence December 2007

    WALLACE, IDAHO, March 15 /CNW/ - Sterling Mining Company (OTCBB: SRLM)
today reported that progress at Sunshine Mine continues and presently is ahead
of schedule.

    "Adding experienced personnel has enabled us to accelerate progress on
various projects at Sunshine Mine, and push us ahead of schedule. To solidify
our operational structure, we have also appointed Frank Maciosek Mine
Superintendent and Jim Campbell Maintenance Superintendent; Joe Guardipee and
Don Williams as Mine Foremen; Steve Gravelle as Electrical Supervisor; and
Wayne Chambers as Maintenance Supervisor. The combined experience of these
individuals is more than 200 years," said Mike McLean, Mine Manager.

    Raymond De Motte, President, commented, "We expect to hire 5 to 10
employees each month this year, as demands increase ahead of starting
production, which is now forecast for December 2007. It should be noted that
this December start date is based on our current projections for delivery
schedules of key equipment; recruitment of qualified operations personnel; and
securing the requisite funding on schedule, any of which may be subject to
change. We currently have 42 employees at the Sunshine Mine."

    Progress continues on several fronts simultaneously at the Sunshine Mine:

    --  advancing the Sterling Tunnel, where there is less than 850 feet to
go to connect with the Silver Summit side of the Mine;

    --  exploration drilling of Upper Country zones from the Sterling Tunnel;
approximately 25,000 feet of drilling is planned to complete the initial

    --  driving a new exploration cross-cut from the Polaris 1000 level,
which has advanced 30 feet toward target veins;

    --  equipment and infrastrucure renovations for the concentrating
facility, including rebuilding the coarse ore feeder and a new power
transmission line to the tailings pump house;

    --  transformer and electrical switchgear are in place and structural
non-destructive testing of the Silver Summit hoist have been completed; final
engineering and equipment deliveries are in progress.

    About Sterling Mining Company

    Sterling Mining controls the Sunshine Mine 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. Shares of Sterling Mining Company trade on the
OTC Bulletin Board under the symbol "SRLM" and also on the Frankfurt Stock
Exchange under the trading symbol "SMX".

    For Further Information, visit the Company's website at or see contact information below.

    To receive Sterling news via email, please email and
specify "SRLM news" in the subject line.

    This press release does not constitute an offer to sell or a solicitation
to buy securities, and contains forward-looking statements regarding the
Company within the meaning of Section 27A of the Securities Act and Section
21E of the Exchange Act. These statements are based on assumptions that the
Company believes are reasonable but that are subject to uncertainties and
business risks. Actual results relating to any and all of these subjects may
differ materially from expected results. Factors that could cause results to
differ materially include economic and political events, the ability to raise
capital in the financial markets, and other factors discussed in the Company's
periodic filings with the Securities and Exchange Commission, including its
annual report on Form 10-K for the year ended December 31, 2006 and subsequent
8-K filings.

For further information:

For further information: Sterling Mining Company Raymond De Motte,
President, Tel: 208-666-4070 or CHF Investor Relations
Cathy Hume, CEO, 416-868-1079 ext. 231

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