News Releases

November 29, 2010

Metalline Reports Drill Results From Next 57 Drill Holes at Sierra Mojada Averaging 27 Meters Grading 91 gpt Ag, 1.68% Zn, and 0.31% Pb

Greenwood Village, Colorado - Metalline Mining Company (MMG:AMEX, MMZ:TSX) is pleased to announce further drilling results from the ongoing 2010 and earlier drilling programs at the shallow silver-zinc resource area ("Area A") at the Sierra Mojada Project located in Coahuila, Mexico. Results reported below are at a 30 gpt Ag or 1% Zn external cut-off.

Metalline reports another 57 drill holes that average 27 meters thick above the 30 gpt Ag cut-off, averaging 91 gpt Ag, 1.68% Zn, and 0.31% Pb. Altogether, Metalline has now reported a total of 115 drill holes that average 35 meters thick above the 30 gpt Ag cut-off, averaging 84 gpt Ag, 1.32% Zn, and 0.26% Pb. The average thickness and grade remains very consistent across what is now 115 holes covering more than 1500 meters of strike length with an additional 500 meters of strike length yet to be reported, and another 1000 meters of strike length not yet drilled.

Sections 631200E, 631300E, and 631600E complement sections 631400E and 631500E that were reported early. Combined these sections cover 500 meters of strike length and demonstrate excellent continuity between sections of the +30 gpt Ag outline as well as a higher grade core area of +100 gpt Ag. This is in addition to the sections covering 629600E to 630600E covering over a kilometer of strike length on the western end of the deposit. The continuity and potential minability of the silver zone on these sections is demonstrated on the individual graphic sections and the composite panel section diagrams posted to the web site at http://www.metallinemining.com/s/DH_Sections.asp.

All of the sampling and sample preparation for assays other than the B10000-series holes reported herein have been done on site under supervision by Metalline personnel and all those samples and samples of sawed core from the 2010 drilling program were shipped directly to ALS-Chemex for further sample preparation and assaying with insertion of appropriate standards and blanks. QA/QC on all of the assay data reported here has been completed by Nick Suter, Chief Geologist at the Sierra Mojada Project. QA/QC of the remaining drill holes has been contracted to IOGlobal, an international and independent QA/QC consulting firm, to expedite review, approval, and turnaround of the remaining assay data.

Section 631600E

Drill Hole From (m) To (m) Length (m) Ag gpt Zn% Pb%
F8 47.9 77.5 29.6 316 0.84 3.26
D1041208 66 83 17 90 3.14 3.8
D1031113 110 126.8 16.8 79 4.72 1.41
D1041120 116 128.8 12.8 33 1.37 0.29
D1041122 87 99 12 350 2.69 4.78
D1041115 82 86 4 55 8.73 0.83
D1041210 30 64 34 64 5.59 0.14
D1041125 34 53 19 42 1.29 0.16
R9923 127 136 9 84 2.96 0.56
D1041205 140 164 24 48 4.54 0.29
D1041129 56 75 19 28 1.17 0.29
R9911 94 158 64 61 1.01 0.18
D3051108 0 30 30 438 3.3 0.06
D3060112 0 40 40 65 2.34 0.22
D3060102 0 50 50 96 1.12 0.15
D3051212 0 14 14 61 2.86 0.19
D3051101 0 80 80 77 2.66 0.03
D3060109 0 24 24 189 7.87 0.05
D3060110 0 20 20 73 7.13 0.05
D3051207 0 22 22 203 7.25 0.06
D1040727 29 52 23 50 1.45 0.16
D3060810 28 32 4 24 0.3 0.1
D3060821 41 43 2 621 5.25 1.72
D3060911 38 60 22 63 0.26 0.13
D3060819 35 39 4 50 8.96 0.13
D3060808 33 36 3 40 4.37 0.06
D3060830 34 70 36 51 2.83 0.17
D3060804 30 41 11 59 8.07 0.16
D3060731 36 57 21 58 2.55 0.06
             
Average of 29 holes   23 108 3.02 0.50



Section 631300E

Drill Hole From (m) To (m) Length (m) Ag gpt Zn% Pb%
             
D8080229 22 46 24 86 0.29 0.05
D9080929 0 16.6 16.6 30 0.89 0.17
  37 41 4 55 0.22 0.09
D8080317 13 28.55 15.55 104 1.38 0.12
D1061106 34 179 145 132 0.54 0.04
D1080828** 42 52 10 70 0.42 0.02
D1080905 33 89 56 56 0.17 0.03
D1080814** 0 92 92 73 0.29 0.06
D1080807** 0 80 80 77 0.58 0.09
D1080821 0 31 31 65 0.31 0.07
D9080912 0 33 33 23 0.33 0.11
D1081204 12 14 2 71 0.19 0.04
  37 48 11 50 0.41 1.07
D9080909 0 20.45 20.45 69 0.27 0.45
D9080829 66 76 10 117 0.88 0.15
  76 80 4 19 0.11 0.03
  80 101 21 41 0.24 0.06
D1080912 2 28 26 71 0.17 0.2
D1080729 11.7 22 10.3 56 1.51 1.88
  22 28 6 26 0.21 0.05
  28 37 9 47 0.63 0.11
D1081114 32 40 8 43 0.5 0.47
D1081001 8 25 17 57 0.19 0.06
  25 34 9 16 0.16 0.04
  34 40 6 51 0.3 0.09
D1080918 14 25 11 44 0.07 0.03
B10091 Assays Pending        
             
Average of 18 holes   38 77 0.43 0.13



Section 631200E

Drill Hole From (m) To (m) Length (m) Ag gpt Zn% Pb%
             
D9090227 27 32 5 80 0.54 0.14
D9090307 2.5 14 11.5 234 2.41 0.53
  24 28 4 70 0.58 0.18
D9080705 27 40 13 114 1.21 0.33
  44 45 1 122 0.23 0.08
  50 52 2 85 0.34 0.06
D9080823 0 32 32 33 1.4 0.5
  45 65 20 89 0.22 0.07
D5060613 29 41 12 63 0.53 0.19
D5050612 0 21 21 48 0.25 0.2
D9080909 0 8 8 131 0.86 1.13
D9080910 0 11 11 33 0.57 0.65
D9080702 55 63 8 180 0.28 0.05
  42 43 1 268 0.96 0.19
  18 28 10 63 0.89 0.09
D9080811 0 33 33 49 4.28 0.06
             
Average of 10 holes   19.25 78.50 1.44 0.29



** Final QA/QC still pending on these holes.

Metalline wishes to correct typographical errors that appeared in the November 3, 2010 press release on drill hole assay results. The previous press release referenced a distance of "1300 kilometers" between sections. That should have read "1300 meters". In addition, average silver grades by section were referenced as "2.3 ounces per tonne" and "0.93 ounces per tonne". Those should have read "2.5 ounces per tonne (metric)" or "2.3 ounces per ton (short)" and "1.02 ounces per tonne (metric)" or "0.93 ounces per ton (short)", respectively. In this instance, the average silver grades reported above of 91 gpt Ag and 84 gpt Ag are equal to 2.92 ounces per tonne (metric) and 2.69 ounces per tonne (metric).

Greg Hahn, Interim President and CEO, a Certified Professional Geologist, is the Qualified Person responsible for reviewing and reporting the contents of this press release and assuring the results reported herein are in accordance with NI 43-101.

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 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 (www.metallinemining.com).

Forward-Looking Statements

This news release contains forward-looking statements regarding future events and Metalline's future results 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 include statements about Metalline's planned drilling program and are based on material factors and assumptions including Metalline's management's current expectations, estimates, forecasts, and projections about the industry in which Metalline operates and the beliefs and assumptions of Metalline's management. 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. In addition, any statements that refer to projections of Metalline's future financial performance, Metalline's anticipated growth and potentials in its business and other characterizations of future events or circumstances are 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 risk that Metalline's drill program may not be successful or result in the discovery of commercially mineable deposits of ore and those risks identified in Metalline's Annual Report on Form 10-K for the fiscal year ended October 31, 2009 under "Risk Factors, " and in subsequent reports filed with the Securities and Exchange Commission. 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 forward-looking statements for any reason.