Sterling Mining Announces Co-Sponsorship of Silver Valley Investment Conference, "The Silver Summit".

Coeur d'Alene, Idaho August 26, 2003 -- Sterling Mining Company (OTC symbol: SRLM) is pleased to announce that it will co-sponsor the Silver Valley Investment Conference, "The Silver Summit", to be held in Coeur d'Alene, Idaho on September 27 - 28, 2003. The conference will focus upon the investment opportunities within the silver mining industry and within Idaho's famed "Silver Valley", the richest primary silver-producing district in the world, with over a billion ounces of produced in the last century from more than 90 mines. The conference is being hosted by the Silver Valley Mining Association.

The first day of the conference (Saturday, September 27) will be held at the Coeur d'Alene Inn and will feature prominent local speakers including Dennis Wheeler, CEO of Coeur d'Alene Mines (NYSE:CDE); Fred Brackebusch of New Jersey Mining (OTCBB:NJMC), and David Morgan, a noted author and metals expert and host of the Silver-Investor.com website and newsletter. The first day of the conference is free and open to the public.

The second day of the conference (Sunday, September 28) will feature an optional bus tour of the Silver Valley from Coeur d'Alene to Wallace, including tours of the Sierra Silver Mine and the Crystal Gold Mine and a catered lunch at the Jameson Restaurant in Wallace. The cost of the tour is $50 per person and includes lunch.

Sterling President Ray DeMotte stated, "With precious metals on the rise and investor interest in silver up sharply in recent months, we believe that this is an excellent time for silver companies and their investors to meet and discuss the future of silver and the future of the Silver Valley. We are very excited to be co-sponsors of the Silver Valley Investment Conference."

Please visit the conference website at www.thesilversummit.com for more information.

Sterling Mining Company is an aggressive silver exploration company, focused upon the Coeur d'Alene Mining District, the richest primary silver-producing region on Earth. Sterling offers superior leverage to silver price increases through control of extensive and strategic "Silver Valley" landholdings, including the legendary Sunshine Mine, as well as through significant projects in other historic mining districts of the Western United States. Sterling was founded in 1903 and proudly celebrates a century of mining exploration this year.

Certain statements contained in this press release are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.

Contact Information:
Sterling Mining Company
Raymond DeMotte, (208) 676-1629
www.sterlingmining.com






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