Mission Mining NI 43-101 Report Confirming $20+ Billion Gold, Silver Measured Resources at Gold Star Mine Now Available

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LAS VEGAS–(BUSINESS WIRE)– Mission Mining Company (MISM) – Mission Mining announces that the Company has posted its recent National Instrument (‘NI’) 43-101 Mineral Resource Estimate Report on the Company’s website at www.MissionMining.com. The NI 43-101 Report on the Company’s Gold Star Mine in western Nevada confirms a total Measured Mineral Resource* quantity of 17.2 million ounces of gold and 121 million ounces of silver located in the top 30 feet of surface material across the 960-acre Gold Star claims, totaling approximately $24.7 Billion in value at current gold and silver prices.

Previous historical exploration estimates of the property have indicated an overall average of 0.29 ounces of gold per ton of alluvium on site, and 2.04 ounces of silver per ton of alluvium on-site. The NI 43-101 Mineral Resource Estimate Report by Zivkovic Geophysical Investigations, LLC, further estimates the total Measured and Inferred Mineral Resources at Gold Star Mine to be approximately 316.8 million ounces of gold and approximately 2.227 billion ounces of silver.

Mission Mining Company CEO, Carlton Wingett, stated, “The results of the NI 43-101 Report appear to validate the economic viability of recovering substantial quantities and concentrations of gold and silver ore at our Gold Star Mine. Based upon confirmation of approximately $24.7 Billion in total *Measured Mineral Resource value located near the surface, the Company will immediately pursue its business strategy to obtain the permits and funds necessary to place the Gold Star Mine into production as quickly as possible.”

*Measured Mineral Resource

“A “Measured Mineral Resource” is that part of a Mineral Resource for which quantity, grade or quality, densities, shape, and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity.”

– Per CIM Definitions Standards for the classification of Mineral Resource and Mineral Reserve estimates, adopted November 27, 2010

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earth minerals mining properties and placing these properties into production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE).

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results. Cautionary note to US investors: The US SEC limits disclosure for US reporting purposes to mineral deposits that a company can economically and legally extract or produce. Certain terms, such as reserves, resources, geologic resources, proven, probable, measured, indicated, or inferred, which may not be consistent with the reserve definitions established by the SEC. US investors are urged to consider to review and obtain copies of our filings from the SEC’s website at http://www.sec.gov/edgar.shtml.

Contact:
Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com

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NI 43-101 Report Confirms Approximately $25.5 Billion in Measured Gold and Silver Resources at Mission Mining Company’s Gold Star Mine in Nevada – $MISM

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LAS VEGAS–(BUSINESS WIRE)–Mission Mining Company (OTC: MISM) – Mission Mining Company (MISM) today announced that the Company has received a National Instrument (‘NI’) 43-101 Mineral Resource Estimate Report by Zivkovic Geophysical Investigations, LLC, on the Company’s Gold Star Mine located in western Nevada. The report confirms total Measured mineral resources of 17.2 million ounces of gold and 148.3 million ounces of silver located in the top 30 feet of surface material across the six Gold Star claims.

“Confirmation of approximately $25.5 Billion in Measured gold and silver resources at our Gold Star Mine is a highly significant event for Mission Mining Company and its shareholders,” stated CEO Carlton Wingett. “The results of this NI 43-101 Report have validated substantial quantities and concentrations of recoverable gold and silver ore at our Gold Star Mine. Based upon these findings, the Company will immediately pursue its business strategy to obtain the permits and funds necessary to place this immensely valuable mining property into production as quickly as possible.”

The Gold Star Mine is a large, alluvial, desert placer mining property comprised of six U.S. Bureau of Land Management claims making up 960 acres of land area located in Esmeralda County, Nevada near the historical Gold Rush town of Gold Point. Two Nevada state highways, as well as public utility electrical power, intersect and span the Gold Star Mine property, which makes heavy equipment access to the property ideal and year-round mining operations extremely practical.

Mr. Wingett continued, “Mission Mining Company is now obtaining estimates to commission a comprehensive drilling and testing program at its El Dorado Mine in preparation for obtaining an NI 43-101 Report to establish accurate gold, silver, and platinum group metals resource estimates at the seventeen BLM claims that make up the El Dorado mining property in San Bernardino County, California. Initial sampling data indicates extraordinary values might be proven to exist near the surface at El Dorado.”

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earth minerals mining properties and placing these properties into production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE).

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:
Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com
www.MissionMining.com

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$MISM Mission Mining Company – World’s Largest Known Rhenium Deposit?

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Mission Mining Company (OTC Pink:MISM) – Mission Mining Company is pleased to report that its potential in-ground Rhenium resources likely make the El Dorado Mine one of only three known significant deposits of Rhenium in existence. If further testing confirms the initial data, the El Dorado may possibly hold the world’s largest known Rhenium deposit. Worldwide demand for Rhenium is increasing rapidly, and is in danger of outpacing supply. This creates a unique business opportunity for Mission Mining Company.

As a result of securing both the El Dorado Mine and the Gold Star Mine, Mission Mining Company has strategically positioned itself within the precious metals mining industry to potentially become one of the largest mining companies in North America. Future production from these mining properties, as well as from other possible acquisitions now being reviewed by Management, is anticipated to generate substantial revenues and profits for the Company for the benefit of its shareholders, thus allowing the Company to achieve its goal of evolving into a global leader in the mining industry. As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports.

What is Rhenium, and why is it important?

Rhenium (Re), the last naturally occurring element to be discovered, was discovered in Germany in 1925. The process was so complicated and the cost so high that production was discontinued until early 1950 when tungsten-rhenium and molybdenum-rhenium alloys were prepared. These alloys found important applications in industry that resulted in a great demand for the rhenium produced from the molybdenite fraction of porphyry copper ores. Important uses of rhenium have been in platinum-rhenium catalysts, used primarily in producing lead-free, high-octane gasoline and in high-temperature super alloys used for jet engine components.

Jet engine turbines operate for extended time periods at temperatures above 1100 degrees C. The addition of rhenium helps ensure the metals in the turbines keep their strength at very high temperatures. (Copper, for example, would be liquid at these temperatures.)

Turbine blades have typically contained about 3% rhenium. The newest generation contains about 1.5% rhenium. Aircraft engine manufacturers have been trying to reduce the amount of rhenium in engines, because worldwide demand for the metal is in danger of outpacing supply. Rhenium is widely used as filaments for mass spectrographs. Rhenium is also used as an electrical contact material. Rhenium catalysts are exceptionally resistant to poisoning from nitrogen, sulfur and phosphorous and are useful in the hydrogenation of fine chemicals.

Rhenium’s uniqueness is its high melting point (3,180  C) and high density (21.04 g/cc). Products from rhenium can be thermally cycled thousands of times with no effects.

Although testing and assaying results to date indicate the El Dorado Mine holds significant quantities of gold, the El Dorado Mine has significant other potential. The claims are uniquely situated near one of the few currently operational rare earth elements (REE) mines in the U.S., and in limited testing, it has been determined that the El Dorado Mine also contains REE. Commercial ore values are likely located on each of the seventeen (17) contiguous BLM lode claims which comprises the El Dorado Mine. The claims are proximate to existing roads, and are anticipated to be simple to access, mine, and process due to the near-surface ore deposit. The values are contained in an intrusive and massive Rhyolitic host rock structure lying at or very near the surface, below a very thin basaltic cap, holding significant values based on testing and assaying to date, including the Platinum Group Metals (PGM’s), Gold (Au), and Rhenium (Re).

The possible tonnage of commercial grade ore which could be mined from the existing seventeen (17) El Dorado Mine claims could potentially exceed four hundred million (400,000,000) tons. It is likely that the ore can be mined using conventional methods (open pit mining), requiring no underground tunneling or extensive underground networks, while several of the Platinum Group Metals (PGM’s), plus Gold (Au) and Rhenium (Re), should be easily and profitably extractable, utilizing industry standard methods.

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties and placing them into full production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE). $MISM

Safe Harbor

This release may contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:

Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com

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Mission Mining Company Commissions NI 43-101 Technical Report to Determine Gold and Silver Resource Estimates at Gold Star Mine

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LAS VEGAS–(BUSINESS WIRE)–Mission Mining Company (OTC: MISM) – Mission Mining Company is pleased to announce the formal engagement of Zivkovic Geophysical Investigations, LLC, to prepare and submit a National Instrument (‘NI’) 43-101 Mineral Resource Estimate Report on the Company’s Gold Star Mine, a large, alluvial, placer mining property comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area located in Esmeralda County, Nevada.

The most recent geological valuation of the Gold Star property was completed in 2010. Based upon the data in this report, the current total value of Measured gold and silver resources residing in the top 30 feet of soil at the surface of the property is estimated at $30 Billion. Total in-ground resources at Gold Star are anticipated to report in the range of $400 Billion to $500 Billion. The completed NI 43-101 Report on Gold Star Mine will verify accurate quantities and values.

“Obtaining an NI 43-101 technical report for resource estimation and exploration potential to validate the historical trenching, drilling, testing, and assay data on the Gold Star Mine should prove extremely valuable to Mission Mining in pursuing its business plan to fund and place into production this immensely valuable mining property,” stated Mission Mining CEO Carlton Wingett. “Confirmation of even a fraction of the property’s total resources that meet the “CIM Standards of Disclosure for Mineral Projects” required to produce a certified NI 43-101 report could be a highly significant event for MISM shareholders.”

“The NI 43-101 is the “geological reporting standard of the mining industry” and provides a solid basis for asset determination in meeting public company reporting requirements,” continued Wingett. “It also is a necessary component for companies that are soliciting capital from financial institutions to fund and develop mining operations. The full Gold Star Mine NI 43-101 Resource Estimate Report is expected to be available for release within 4-6 weeks.”

About Zivkovic Geophysical Investigations, LLC

Zivkovic Geophysical Investigations, LLC, is an established geophysical consulting firm located in Greely, Colorado, with extensive experience in the calculation of NI 43-101 compliant resource estimates. The company was founded by Vladimir B. Zivkovic, Ph.D., C.P.G., Q.E.P. To ensure the quality of its results, Zivkovic Geophysical has implemented comprehensive acquisition techniques, data quality assurance procedures, interpretation procedures, and report formats.

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties and placing them into full production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE).

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:
Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com

Posted October 23, 2013 09:00 AM Eastern Daylight Time

http://www.MissionMining.com

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$MISM – Mission Mining Company Pursues an NI 43-101 Resource Estimate Report on its Gold Star Mine located in Esmeralda County, Nevada

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Mission Mining Company has engaged Zivkovic Geophysical Investigations, LLC, to prepare and submit a National Instrument (‘NI’) 43-101 Mineral Resource Estimate on the Company’s Gold Star Mine located in Esmeralda County, Nevada. The NI 43-101 technical report on gold and silver deposits will fully conform to the Canadian Institute of Mining Standards (CIM Standards) on Mineral Resources and Reserves, as well as conformation to NI 43-101 “Standards of Disclosure for Mineral Projects.”  Vladimir B. Zivkovic, M.S., is the designated “Qualified Person”, as defined in NI 43-101, and will be responsible for the contents of the report.  Dr. Zivkovic performed additional testing at the Gold Star Mine site in the past week in order to obtain all necessary data for completing the NI 43-101 report.  Submission of the report is anticipated within 4-6 weeks.

 

The Gold Star Mine is a large, alluvial, placer mining property holding significant gold and silver resources. It is located in Esmeralda County, Nevada, near the town of Goldfield.  Gold Star is comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area. The property has been trenched, drilled, and tested on several occasions by certified geologists and mining engineers. The most recent geological valuation of the property was completed in 2010. Obtaining an NI 43-101 technical report for resource estimation and exploration potential in order to validate the historical drilling, testing, and assay data on the Gold Star Mine should prove extremely valuable to Mission Mining in pursuing its business plan to fund and place into production this immensely valuable mining property.

 

Zivkovic Geophysical Investigations, LLC, is an established consulting firm located in Greely, Colorado, with extensive experience in the calculation of NI 43-101 compliant resource estimates.  The company was founded by Vladimir B. Zivkovic, Ph.D., C.P.G., Q.E.P.  Dr. Zivkovic is a graduate of Temple University with a Bachelors of Science Degree in Geology and a graduate of the University of Memphis with a Masters of Science Degree in Geology. Dr. Zivkovic earned his PhD in Geology from the University of North Dakota.

 

Zivkovic Geophysical Investigations, LLC, is a full service geophysical consultancy that specializes in advanced, magnetic, gravity surveys and electrical resistivity. Geophysical surveys are typically used in mineral exploration, geothermal exploration, oil and gas exploration, archeological investigations, and environmental investigations.  Zivkovic Geophysical conducts its surveys using the most proven equipment and procedures. To ensure the quality of its results, Zivkovic Geophysical has implemented comprehensive acquisition techniques, data quality assurance procedures, interpretation procedures, and report formats.

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Mission Mining Company Begins the Process of Filing a Registration Statement on Form S-1

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Jun 07, 2013 – OTC Disclosure & News Service – Las Vegas, NV – Mission Mining Company (OTC Pink: MISM)

Mission Mining Company has engaged counsel in order to initiate the process of drafting and filing its registration statement on Form S-1 in order to have access to more capital and to become a fully transparent, fully reporting ’34 Act company. The Company has engaged Matthew McMurdo, Esq., formerly of Brown & Wood, LLP, Bingham McCutchen LLP, Greenberg Traurig LLP, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., to assist in the drafting of the Form S-1.

Additionally, the audit of the financial statements of the Company is near completion. Therefore, we expect the initial filing of the Form S-1 to occur in approximately one month. Mission Mining Company is taking these steps with a view towards bringing real value to the shareholders and removing itself from the inherent stigma of operating as a Pink Sheets company. The Company believes that with its over $400,000,000 of assets, as found on its financial statements, it is poised to up-list. Thereafter, the Company will look to list on various global exchanges and eventually seek a higher US listing.

About Mission Mining Company:

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties pursuant to its business plan of expeditiously and prudently developing the owned / leased mining properties and placing them into full production.  The Company has recently executed a mining / operating lease for the El Dorado mining property in San Bernardino County, California, and has acquired 100.0% ownership of the Gold Star mining property in Esmeralda County, Nevada.  Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM?s), and likely substantial but as yet untested amounts of rare earth elements (REE).  As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing to be conducted by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify, validate, and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports.  Management?s commitment to restructure the Company on behalf of its shareholders, as evidenced by the decision to focus on the acquisition and development of suitable US precious metals and rare earth mining properties represents a timely and prudent business opportunity, as the saleable products will not become obsolete, and there will always be a significant demand and liquid market for the metals / rare earths produced.  As a result of the acquisition of the El Dorado Mine and the Gold Star Mine, the Company has significantly increased its total booked assets under GAAP, as reflected in its financial statements now on file with OTC Markets.

Safe Harbor

This release may contain ?forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based.  Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions.  The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:

Carlton Wingett – CEO

Phone  888-459-4889

CEO@MissionMining.com

http://www.MissionMining.com 

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Mission Mining Company Executes Agreement to Lease, Mine, and Operate the El Dorado Mine in California

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Las Vegas, NV, May 28, 2013 – Mission Mining Company (OTC Pink: MISM) – Mission Mining Company is pleased to announce that the Company has executed an Agreement with Colten Metals LLC, to lease, mine, and operate the El Dorado Mine in California. The El Dorado Mine is comprised of seventeen (17) contiguous Bureau of Land Management lode mining claims containing a total of three hundred forty (340) acres located in San Bernardino County, California.  The term of the mining and operating lease is forty-nine (49) years, with provisions for Mission Mining Company to be granted an extension of the lease for the duration of the property’s productive life.  Colten Metals LLC, will receive convertible preferred shares in Mission Mining Company with a capped value of USD $5,000,000 plus a nine per cent (9.0%) Net Smelter Return Royalty in respect of all salable metals and other products resulting from the Company’s operations on the seventeen El Dorado Mine claims as compensation.

Carlton Wingett, CEO of Mission Mining Company remarked, “On behalf of our management team, I am extremely excited to announce the addition of the El Dorado Mine to the Company’s portfolio of U.S. mining properties.  Securing the mining / operating rights for, along with the rights to the vast majority of potential profits to be generated from, the El Dorado Mine is akin to finding a treasure.  It is a unique mining property, and based on previous testing and assaying results, may well comprise some of the largest known deposits of certain strategic metals.” Mr. Wingett also stated, “Our management team has exhibited extraordinary vision and determination over the past several months. In a short period of time, Mission Mining Company has dramatically increased its asset base and net worth and has secured, through the acquisition of significant mining properties including the Gold Star Mine and the El Dorado Mine, the opportunity to become a global leader in the precious metals and rare earths mining industries.  Our goal is not to be just another junior mining company, but to become an industry leader in terms of both profitability and environmentally responsible operations.  In cooperation with investors and shareholders who have indicated a willingness to share this vision with us, we firmly believe that becoming a globally prominent mining company is an achievable goal.”

Although testing and assaying results to date indicate the El Dorado Mine holds significant quantities of gold, the El Dorado Mine has significant other potential.  The claims are uniquely situated near one of the few currently operational rare earth elements (REE) mines in the U.S., and in limited testing, it has been determined that the El Dorado Mine also contains REE.  Commercial ore values are likely located on each of the seventeen (17) contiguous BLM lode claims, known as the El Dorado #1 through #12, and the King of California #1 through #5, which comprises the El Dorado Mine.  The claims are proximate to existing roads, and are anticipated to be simple to access, mine, and process due to the near-surface ore deposit.  The values are contained in an intrusive and massive Rhyolitic host rock structure lying at or very near the surface, below a very thin basaltic cap, holding significant values based on testing and assaying to date, including the Platinum Group Metals (PGM’s), Gold (Au), and Rhenium (Re).  The potential Rhenium reserves likely make the El Dorado Mine one of only three known significant deposits of Rhenium, and if further testing confirms the initial data, the El Dorado may possibly hold the world’s largest known Rhenium deposit.

The ore body has been opened and exposed using dozer cut methods to expose a three dimensional picture of the deposit.  A well known Metallurgist and author of what was long considered to be the industry bible on metallurgy, Mr. C.W. Ammen, initially completed the recovery flow sheet for the precious metals in the late 1990’s.  The recovery flow sheet / suggested recovery process was favorably reviewed by a qualified chemist / metallurgist at the University of Nevada, Las Vegas, and more recently still by a retired Haliburton chemist and metallurgist.  An assessment of values in a 2009 report indicates extremely robust project economics based on a very large deposit of easily mined head ore containing very significant values of easily extractable precious metals and, as yet unknown quantities of rare earths.  The possible tonnage of commercial grade ore which could be mined from the existing seventeen (17) El Dorado Mine claims could potentially exceed four hundred million (400,000,000) tons.  It is likely that the ore can be mined using conventional methods (open pit mining), requiring no underground tunneling or extensive underground networks, while several of the Platinum Group Metals (PGM’s), plus Gold (Au) and Rhenium (Re), should be easily and profitably extractable, utilizing industry standard methods.

As a result of securing both the El Dorado Mine and the Gold Star Mine, Mission Mining Company has strategically positioned itself within the precious metals mining industry and has secured the potential of becoming one of the largest mining companies in North America.  Future production from these mining properties, as well as from other possible acquisitions now being reviewed by Management, is anticipated to generate substantial revenues and profits for the Company and for the benefit of its family of employees and shareholders, thus allowing the Company to achieve its aim of evolving into a global leader in the mining industry.  As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing to be conducted by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify, validate, and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports. 

About Mission Mining Company:

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties pursuant to its business plan of expeditiously and prudently developing the owned / leased mining properties and placing them into full production.  The Company has recently executed a mining / operating lease for the El Dorado mining property in San Bernardino County, California, and has acquired 100.0% ownership of the Gold Star mining property in Esmeralda County, Nevada.  Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM’s), and likely substantial but as yet untested amounts of rare earth elements (REE).  As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing to be conducted by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify, validate, and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports.  Management’s commitment to restructure the Company on behalf of its shareholders, as evidenced by the decision to focus on the acquisition and development of suitable US precious metals and rare earth mining properties represents a timely and prudent business opportunity, as the saleable products will not become obsolete, and there will always be a significant demand and liquid market for the metals / rare earths produced.  As a result of the acquisition of the El Dorado Mine and the Gold Star Mine, the Company has significantly increased its total booked assets under GAAP, as reflected in its financial statements now on file with OTC Markets.

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based.  Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions.  The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:

Carlton Wingett – CEO

Phone – 888-459-4889

CEO@MissionMining.com

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