MMG Metalline Mining Company Common Stock

COEUR D'ALENE, Idaho, Nov. 27 /PRNewswire-FirstCall/ -- Metalline Mining Company (AMEX:MMG) has received the following drill results for diamond drill holes drilled to continue evaluating the oxide zinc mineralized area located two kilometers west of the Iron Oxide Manto in the San Salvador, Encantada and Fronteriza mines. As previously announced a feasibility study is in progress on the Iron Oxide Manto mineralization. Seven diamond drill holes were completed from four drill sites that tested an area approximately 250 meters East-West and 200 meters North-South. Five holes intersected mineralized intervals of economic interest, two holes did not intersect mineralization of economic interest and one hole is still pending assays. A total of 13 holes have been drilled by North Limited, Penoles and Metalline in this area. Hole D5060622 is offset about 5 meters east of Penoles' SMW4A hole. The mineralization in D50622 occurs at a higher elevation than the mineralization in SMW4A indicating a probable fault offset of mineralization between the two holes. D5060622 confirms mineralization of economic interest, additional drilling is required to determine the distribution and potential of this mineralization. SMW4A 371.25 TD D05060622 From To Zinc % From To Zinc % 175.15 176.15 26.40 119 120 11.80 176.15 177.20 25.00 120 121 14.75 177.20 178.15 32.51 121 122 2.75 178.15 179.10 34.32 122 123 0.60 179.10 180.50 36.91 123 124 2.39 180.50 182.10 19.45 124 125 1.12 182.10 183.00 39.18 125 126 1.84 183.00 184.10 42.38 126 127 8.23 184.10 185.20 43.13 127 128 5.23 185.20 185.80 27.80 128 129 1.95 184.80 186.40 22.90 129 130 1.31 186.40 187.20 41.47 130 131 0.89 187.20 188.00 44.64 131 132 1.77 188.00 188.80 44.11 132 133 1.32 188.80 189.50 6.13 133 134 2.16 189.50 190.50 42.83 134 135 0.42 190.50 191.50 40.90 135 136 0.55 191.50 192.30 28.80 136 137 1.67 192.30 193.55 40.56 3.38 18m 193.55 194.80 5.95 148 149 11.60 194.80 196.00 3.45 149 150 3.82 196.00 197.50 35.96 150 151 9.14 197.50 199.00 4.30 151 152 24.90 23.85 28.95 152 153 9.90 153 154 5.23 154 155 13.30 155 156 2.44 156 157 1.26 157 158 0.45 158 159 6.68 159 160 37.31 160 161 25.80 161 162 41.52 162 163 NR 163 164 NR 164 165 3.58 11.58 17m NR = No Recovery The west oxide zinc area mineralization is near surface and consequently is amenable to open pit mining. Open pit mining is lower cost than underground methods and allows mining very low grade mineralization. As an example, San Cristobal, located in Bolivia, is currently under construction and projected to be in production in 2007 with announced reserves of 219 million tonnes proven and probable, with grades of 64.7 g Ag/t, 1.6% Zn and 0.6% Pb. Open pit production is targeted at 40,000 tonnes per day. Drill Hole Summary Table Sierra Mojada West Oxide Zinc Drill Hole FROM TO LENGTH SILVER SILVER ZINC meters meters meters g/tonne oz/tonne % D5060622 119 137 18 9 0.29 3.38 D5060622 148 165 17 12 0.39 11.58 D5060713 30 48 18 33 1.06 13.06 including 40 47 7 69 2.23 30.26 D5060713 70 74 4 27 0.87 3.55 D5060713 143 166 23 12 0.39 2.65 D5060805 7 35 28 37 1.19 3.72 including 24 29 5 13 0.42 11.58 D5060805 100 111 11 19 0.61 2.33 D5060815 6 57 51 99 3.18 2.53 including 33 37 4 439 14.11 13.23 D5060821 36 68 32 57 1.83 3.50 Silver values are generally low, up to 99 g (3.18 ounces), D5060815 intersected 4 meters of 439 g/tonne (14.11 ounces/tonne) with one meter of 1375 g (44.21 ounces) in addition to 13.23% zinc. Drill Hole Detail Hole From To Ag Cu Zn Pb D5060622 119 120 8 0.02 11.80 0.09 D5060622 120 121 9 0.01 14.75 0.09 D5060622 121 122 4 0.01 2.75 0.06 D5060622 122 123 7