VANCOUVER, British Columbia,
March 4, 2011 /PRNewswire/ --
Metalline Mining Company (TSX: MMZ, AMEX: MMG) ("Metalline")
advises that two technical reports concerning its Sierra Mojada
Project, Mexico are currently
being prepared for publication this month.
In April, 2010, Metalline merged with Dome Ventures Corporation.
Since that time, numerous Board and management changes have
been made and new management has been reviewing all aspects of the
Sierra Mojada Project.
Metalline has retained Nilsson Mine Services Ltd. to prepare a
new NI43-101 technical report on part of the shallow silver zone
(called Area A) on Metalline's Sierra Mojada Project that was
drilled during 2009/2010. Metalline expects to receive and
release this report later this month. The planned 2011
exploration program provides for drilling the Northern and Eastern
extension of the Area A silver zone.
Metalline has also retained JDS Energy & Mining Inc. to
prepare a contemporary report summarizing all known data concerning
the zinc oxide deposit present at the Sierra Mojada Project.
Metalline expects to receive and release this report later
this month.
About Metalline Mining Company
Metalline Mining Company is focused on the acquisition,
exploration and development of mineral properties. Metalline
currently owns mineral concessions in the municipality of
Sierra Mojada, Coahuila, Mexico
and holds exploration licenses in Gabon, Africa. Metalline conducts its
operations in Mexico through its
wholly owned Mexican subsidiaries, Minera Metalin S.A. de C.V. and
Contratistas de Sierra Mojada S.A. de C.V. To obtain more
information on Metalline Mining Company, visit the Company's web
site at www.metallinemining.com.
On behalf of the Board of Directors
Timothy T. Barry, Aus
IMM
Chief Executive Officer, President and Director
Forward-Looking Statements
This news release contains forward-looking statements that
are subject to the safe harbors created under the Securities Act of
1933 (the "Securities Act") and the Securities Exchange Act of 1934
(the "Exchange Act") and constitute "forward looking information"
within the meaning of Canadian securities laws. These
statements are statements regarding the delivery of certain reports
by Metalline's third party consultants and are based on material
factors and assumptions including Metalline's management's current
expectations. Words such as "expects," "anticipates,"
"targets," "goals," "projects," "intends," "plans," "believes,"
"seeks," "estimates," "continues," "may," variations of such words,
and similar expressions, are intended to identify such
forward-looking statements. Readers are cautioned that these
forward-looking statements are only predictions and are subject to
risks, uncertainties, and assumptions that are difficult to
predict, including the fact that Metalline cannot control the
actions of its third party consultants. Therefore, actual
results may differ materially and adversely from those expressed in
any forward-looking statements. Metalline undertakes no
obligation to revise or update any forwardlooking statements
for any reason.
SOURCE Metalline Mining Company