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minco silver terminates cooperation with sterling
posted on
Sep 02, 2008 08:05AM
September 02, 2008 Minco Silver Terminates Proposal for Sterling
Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV) announced today that it has completed a detailed due diligence on Sterling Mining Company ("Sterling") and decided not to proceed with the acquisition of all the issued and outstanding shares of Sterling as announced on July 22, 2008. About Minco Silver
Minco Silver Corporation (TSX: MSV) is a TSX listed company focusing on the acquisition and development of silver dominant projects. The Company owns 100% interest in the World Class Fuwan Silver Deposit, situated along the northeast margin of the highly prospective Fuwan Silver Belt. The Company is the exclusive vehicle for pursuing silver opportunities in China pursuant to a strategic alliance agreement between Minco Gold Corporation (TSX:MMM / AMEX:MGH / FSE:MI5) and Silver Standard Resources (TSX:SSO). For more information on Minco Silver, please visit the website at www.mincosilver.ca or contact Ute Koessler at 1-888-288-8288 or (604) 688-8002 [email protected].
ON BEHALF OF THE BOARD "Dr. Ken Z. Cai" Chairman & CEO