News Releases

December 15, 2010

Metalline Reports on Eastern Extension of Area A Silver (+Zinc+Lead) Resource Area at the Sierra Mojada Project, Coahuila, Mexico

Greenwood Village, Colorado - Metalline Mining Company (AMEX:MMG, TSX:MMZ) is pleased to announce further results from the evaluation of 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 a total of 340 drill holes, most of them short underground "long" holes drilled in 2006 from access within the Area A silver (+zinc+lead) resource, that average 13 meters thick above a 30 gpt Ag cut-off, averaging 110 gpt Ag, 1.18% Zn, and 0.44% Pb. Most of these holes are only 2-22 meters long, and drill only a portion of the true thickness of the resource, which averages 25-30 meters thick in the area between sections 631700E and 632550E. This portion of the resource may be potentially minable from either underground or by open pit. If mineable by open pit the stripping to access this portion of the Area A silver(+zinc+lead) resource will expose the deeper and larger zinc oxide deposit and greatly reduce the stripping required to fully access the zinc oxide deposit.
 

Summary Drill Intercepts 
Far East Area A Silver-Zinc Resource

Section

No. Holes

Ave. Thick. (m)

Ag gpt

Zn%

Pb%

           

631700E

15

15

41

0.86

0.39

631800E

7

11

131

2.03

2.27

631850E

8

10

136

4.62

2.82

631900E

6

11

69

4.76

1.94

631950E

12

13

46

1.51

0.55

632100E

11

17

51

1.00

0.27

632200E

43

16

117

0.74

0.20

632250E

76

16

130

1.11

0.25

632300E

19

12

120

0.39

0.40

632350E

32

13

56

0.77

0.23

632400E

28

9

90

0.83

0.33

632450E

46

9

119

0.67

0.23

632500E

24

15

131

2.11

0.68

632550E

13

12

139

1.21

0.61

           

Weighted 
Averages

340

13

110

1.18

0.44


Sections 631700E, through 632550E compliment assays sections that were reported earlier. Metalline has now reported assays sections covering the area between sections 629600E and 632550E on the Area A silver(+zinc+lead) resource, a distance of three kilometers, with a few intervening sections remaining to be compiled. The results from these remaining sections will be reported as compilation by section is completed. 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 reported herein have been done on site under supervision by Metalline personnel and all those samples were shipped directly to ALS-Chemex for further sample preparation and assaying with insertion of appropriate standards and blanks. A third party review of the Company's QA/QC program vetted the Company's sample preparation and sample handling protocols for the previous core drilling and channel sampling programs, but did not specifically address sampling from the 2006 long hole drilling program. A surface core drilling program is planned for 2011 to test and confirm the geometry and grade of the resource area reported herein.

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.

Detailed drill results by section are attached below:

Area A Far East End Silver Intercepts

             

631700E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

D1040709

123

137

14

55

1.57

2.42

D1040714

105

114.6

9.6

33

3.1

1.09

D1040703

138

154

16

25

0.15

0.05

R998

95

121

26

63

1.19

0.28

R999

132

148

16

27

0.05

0.04

L306120859

0

19

19

20

0.44

0.04

L306120960

0

15

15

23

0.13

0.04

L306121102

0

12

12

13

0.15

0.05

L306121407

0

16

16

33

0.41

0.1

L207051719

0

14

14

57

2.83

1.18

L207050206

0

15

15

27

0.38

0.07

L207051718

0

11

11

44

1.62

0.61

L207051516

0

16

16

38

0.47

0.04

L207042702

0

20

20

72

0.23

0.13

L306120901

0

8

8

68

1.91

0.64

             

Average of 15 holes

 

15.2

41

0.86

0.39

 

631800E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

R9910

99

104

5

109

3.86

3.37

L306122011

0

13

13

32

5.26

0.67

L306122012

0

7

7

1017

1.33

0.67

L306122013

0

13

13

18

2.19

0.82

L306122014

0

12

12

125

1.3

0.6

L307010519

0

16

16

10

0.89

8

L307010520

0

12

12

21

0.25

0.09

             

Average of 7 holes

 

11.1

131

2.03

2.27

 

631850E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L207020745

0

4

4

427

7.44

1.77

L207020746

0

11

11

138

3.8

1.95

L207020847

0

10

10

143

5.79

2.18

L207020848

0

10

10

124

1.18

5.99

L207020849

0

13

13

30

0.17

1.41

L207020643

0

10

10

110

1.37

1.63

L207020644

0

10

10

169

10.47

4.43

L207020342

0

9

9

154

10.45

3.1

             

Average of 8 holes

 

9.6

136

4.62

2.82

 

631900E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L107020212

0

13

13

71

13.16

1.21

L107020213

0

10

10

74

3.4

0.04

L107020214

0

7

7

80

11.14

0.06

L207021050

0

10

10

31

0.72

1.03

L207021051

0

13

13

90

1.38

5.95

L207020252

0

13

13

66

0.44

1.81

             

Average of 6 holes

 

11.0

69

4.76

1.94

 

631950E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L107013010

0

16

16

26

1.34

0.41

L107013111

0

12

12

26

1.02

0.2

L107012907

0

14

14

13

0.91

0.27

L107011899

0

15

15

45

0.13

0.24

L107013009

0

7

7

55

5.44

1.24

L107013008

0

17

17

30

4.81

0.81

L107012202

0

12

12

124

1.21

0.32

L107012001

0

4

4

50

1.04

0.29

L1070120100

0

7

7

47

0.94

0.78

L107011696

0

15

15

28

0.8

0.62

L107011595

0

16

16

27

0.95

0.67

L07011697

0

15

15

104

0.43

0.87

             

Average of 12 holes

 

12.5

46

1.51

0.55

 

632100E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

D2040706

176

196

20

106

1.51

0.43

L106120874

0

19

19

56

1.35

0.35

L106120773

0

19

19

84

5.08

1.19

L106121177

0

19

19

61

0.4

0.13

L106120469

0

19

19

22

0.09

0.02

L106112360

0

19

19

21

0.13

0.04

L106112359

0

19

19

23

0.05

0.02

L106112461

0

4

4

52

0.14

0.04

L060112563

0

19

19

32

0.83

0.23

L106112764

0

11

11

74

0.4

0.08

L106112765

0

19

19

33

0.08

0.18

             

Average of 11 holes

 

17.0

51

1.00

0.27

 

632200E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L106121178

0

19

19

96

2.94

0.57

L206100438

0

20

20

86

0.05

0.01

L206110470

0

19

19

170

0.2

0.07

L206100539

0

6

6

914

0.13

0.01

L206101648

0

19

19

102

0.04

0.03

L206102559

0

5

5

225

0.05

0.02

L201102458

0

17

17

74

0.03

0.01

L206110268

0

18

18

47

0.12

0.03

L206110167

0

17

17

101

0.11

0.04

L206102357

0

21

21

182

0.11

0.02

L206101247

0

17

17

88

0.03

0.01

L206102662

0

19

19

170

0.21

0.22

L206100437

0

16

16

443

0.02

0.02

L206102661

0

15

15

334

0.27

0.11

L206100336

0

19

19

261

0.02

0.01

L206100641

0

13

13

343

5.23

1.3

L306101405

0

19

19

27

0.38

0.05

L306100958

0

13

13

33

0.04

0.01

L306101911

0

13

13

31

0.19

0.05

L306101060

0

8

8

40

0.15

0.05

L306100556

0

15

15

86

2.84

0.7

L306100959

0

19

19

28

0.07

0.03

L306101203

0

15

15

126

6.41

1.91

L306092849

0

18

18

14

0.49

0.09

L306100454

0

18

18

36

1.03

0.24

L206101649

0

21

21

127

0.51

0.15

L206102056

0

16

16

61

0.66

0.07

L206102055

0

21

21

56

0.8

0.22

L206100743

0

18

18

15

0.13

0.06

L206101045

0

15

15

44

0.97

0.03

L306111739

0

16

16

34

0.08

0.02

L306110425

8

12

4

31

0.08

0.01

L306110829

6

18

12

33

0.1

0.03

L306112243

0

18

18

30

0.99

0.34

L309112142

0

17

17

26

0.42

0.11

L206100944

0

5

5

567

0.1

0.03

L306101304

0

19

19

62

1.89

0.56

L306111738

0

19

19

35

0.2

0.05

L306111840

0

19

19

163

0.79

0.21

L306100555

0

18

18

58

2.26

0.6

L306100757

0

9

9

44

0.06

0.01

D4040911

134

149

15

22

0.03

0.04

R991

164

186

22

319

0.08

0.03

             

Average of 43 holes

 

15.9

117

0.74

0.20

 

632250E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L206110872

0

19

19

62

0.08

0.03

L206110470

0

13

13

170

0.2

0.07

L206110974

0

16

16

34

0.1

0.05

L2061111075

0

19

19

39

0.16

0.07

L206110268

0

18

18

47

0.12

0.03

L206110167

0

17

17

101

0.11

0.04

L206101146

0

21

21

1512

3.07

0.07

L206092630

0

15

15

86

1.16

0.24

L306120458

0

10

10

100

0.06

0.02

L306120156

0

18

18

42

0.07

0.07

L306113054

0

18

18

397

0.16

0.58

L306113055

0

19

19

21

0.02

0.06

L306112953

0

19

19

163

0.03

0.23

L306111133

0

19

19

30

0.07

0.02

L306111032

0

19

19

44

0.11

0.04

L306111031

0

18

18

47

0.65

0.04

L306110930

0

19

19

60

0.33

0.08

L306110829

0

18

18

33

0.1

0.03

L306110828

0

19

19

49

0.12

0.04

L306120457

0

8

8

156

0.06

0.04

L306120458

0

10

10

100

0.06

0.02

L206111176

0

16

16

26

0.14

0.05

L206111075

0

19

19

39

0.16

0.07

L206110974

0

16

16

34

0.1

0.05

L206220873

0

19

19

31

0.16

0.07

L206220872

0

20

20

62

0.08

0.07

L206092630

0

15

15

86

1.16

0.24

L106111757

0

15

15

145

0.44

0.16

L106111758

0

10

10

300

3.47

2.31

L106111656

0

18

18

60

0.74

0.4

L106111555

0

19

19

126

1.13

0.43

L106111454

0

15

15

26

0.68

0.16

L106111453

0

19

19

96

1.04

0.31

L106111352

0

17

17

70

0.63

0.2

L106111351

0

19

19

79

1.01

0.34

L106111050

0

17

17

50

1.13

0.41

L106110949

0

19

19

112

0.56

0.28

L106110948

0

17

17

123

0.5

0.21

L106110847

0

19

19

103

0.7

0.23

L106110846

0

19

19

476

0.69

0.43

L106110745

0

12

12

160

0.64

0.24

L106110644

0

17

17

360

1.4

1.16

L106110643

0

9

9

128

1.03

0.67

L106110642

0

7

7

109

0.55

0.24

L106110641

0

19

19

83

0.77

0.26

L106110340

0

17

17

177

0.65

0.49

L106110239

0

19

19

128

0.6

0.31

L106110138

0

17

17

98

0.61

0.39

L106110137

0

8

8

348

1.97

0.55

L106101622

0

18

18

23

0.66

0.41

L106101621

0

16

16

80

0.49

0.36

L106101420

0

19

19

58

0.62

0.26

L106101319

0

19

19

49

0.49

0.29

L106100614

0

17

17

22

1.18

0.46

L106100513

0

19

19

25

1.31

0.47

L106100512

0

12

12

93

1.74

0.92

L106100411

0

12

12

105

2.32

1.78

L106100410

0

17

17

65

0.41

0.76

L106100309

0

19

19

119

0.29

0.5

L106100208

0

6

6

169

0.98

0.36

L106100207

0

11

11

336

0.69

0.61

L106093006

0

5

5

258

0.79

0.47

L106093005

0

15

15

203

0.48

0.2

L106092904

0

15

15

128

0.23

0.08

L106092903

0

15

15

123

0.1

0.02

L106092802

0

8

8

100

0.25

0.03

L106092801

0

11

11

102

0.38

0.05

L1060927281

0

15

15

54

0.04

0.01

L1060926280

0

19

19

97

0.11

0.03

L1060926279

0

15

15

109

0.05

0.02

L1060925278

0

17

17

172

0.06

0.01

L1060925277

0

13

13

147

0.08

0.03

L1060922276

0

15

15

67

0.19

0.05

L1060921275

0

14

14

170

0.1

0.03

L1060921274

0

16

16

97

0.09

0.04

R992

172

195

23

150

0.84

0.01

             

Average of 76 holes

 

15.9

130

1.11

0.25

 

632300E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

R994

180

184

4

52

0.25

0.02

R9913

160

166

6

36

0.16

0.07

 

203

207

4

46

0.04

0.01

R9914

192

219

27

76

0.06

0.01

R9915

177

194

17

489

1.51

2.57

L1060629231

2

20

18

27

0.02

0.01

L1060630232

0

5

5

17

0.02

0.01

L1060701233

2

13

11

53

0.04

0.02

L1060701235

2

6

4

45

0.04

0.02

L106101823

2

10

8

32

0.52

0.62

L106101824

0

14

14

22

0.51

0.55

L106101926

0

8

8

67

1.42

1.41

L106102027

4

19

15

45

0.72

0.38

L106102530

0

8

8

33

0.52

0.24

L106102631

0

8

8

108

0.15

0.06

L106102733

0

19

19

369

0.07

0.02

L106102734

0

19

19

88

0.15

0.07

L107103035

0

19

19

76

0.4

0.31

L106103036

0

16

16

83

0.28

0.37

NSM16

47.4

55.6

8.2

62

0.24

0.02

             

Average of 19 holes

 

11.9

120

0.39

0.40

 

632350E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

R9912

156

186

30

109

0.26

0.1

R9916

139

176

37

69

0.74

0.32

D2041022

133

175

42

58

0.73

0.23

D2041025

77

92

15

49

2.11

0.08

L1060614220

3

23

20

109

0.09

0.02

L1060615221

0

7

7

20

0.07

0.01

L1060616222

5

19

14

63

0.07

0.01

L1060619223

3

23

20

54

0.06

0.01

L1060622225

1

12

11

27

0.09

0.01

L1060627228

2

16

14

63

0.13

0.03

L306060833

13

19

6

71

0.15

0.05

L306060834

4

18

14

59

0.15

0.07

L306060935

0

19

19

21

1.26

0.04

L306061036

14

18

4

46

0.5

0.02

L306061237

0

6

6

29

1.13

0.06

L306061338

0

13

13

41

0.56

0.05

L306061539

0

3

3

37

0.54

0.13

L306061540

0

4

4

39

3.07

0.08

L306061641

3

17

14

43

0.42

0.05

L306061742

4

18

14

88

0.44

0.09

L306081615

1

18

17

43

1.53

0.88

L306081716

0

7

7

82

2.51

2.32

L306081717

2

19

17

57

1.59

0.4

L306081818

6

10

4

43

2.67

0.84

L306081919

13

19

6

35

3.25

0.72

L306082120

9

13

4

38

2.34

0.79

L306082421

7

11

4

42

0.46

0.2

L306082522

2

15

13

29

0.64

0.33

L306082623

0

9

9

26

0.86

0.39

L306082924

0

19

19

30

0.47

0.28

L306082925

4

19

15

26

0.83

0.23

L306082926

0

7

7

38

1.01

0.2

             

Average of 32 holes

 

13.4

56

0.77

0.23

 

632400E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L1060807242

16

21

5

133

0.35

0.03

L1060808243

10

14

4

101

1.71

0.32

L1060810245

6

14

8

79

0.44

0.22

L1060810246

4

10

6

58

0.47

0.29

L2060811894

2

17

15

121

0.09

0.1

L2060811995

0

16

16

132

0.14

0.1

L2060812196

0

15

15

54

0.3

0.1

L2060812297

0

16

16

94

0.35

0.17

L206090207

7

15

8

27

0.17

0.05

L206090408

6

16

10

76

0.18

0.06

L306052318

3

17

14

45

0.41

0.14

L306052520

7

19

12

62

0.33

0.12

L306052622

14

18

4

54

0.17

0.05

L306052723

4

7

3

51

1.81

0.15

L306052924

6

18

12

140

0.55

0.22

L306053125

13

19

6

207

1.52

0.36

L306053126

11

17

6

227

0.3

0.1

L306053127

9

19

10

67

0.13

0.03

L306060530

15

19

4

103

0.57

0.28

L306083127

7

16

9

76

0.88

0.35

L306090429

0

5

5

57

3.06

0.74

L306090531

2

8

6

51

1.28

0.36

L306090532

0

13

13

192

2.81

1.29

L306090633

0

19

19

62

1.86

0.98

L306090734

0

9

9

57

1.33

0.62

L306091136

0

8

8

46

1.31

0.5

L306091339

2

11

9

35

1.26

0.25

L306091442

0

6

6

130

1.46

0.62

             

Average of 28 holes

 

9.2

90

0.83

0.33

 

632450E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L206060764

4

14

10

26

0.12

0.04

L206061265

2

14

12

75

1.67

0.41

L206061366

10

13

3

46

1.03

0.27

L206061467

6

10

4

60

1.33

0.28

L206061468

5

7

2

93

1.05

0.25

L206061569

4

6

2

35

1.28

0.18

L206061670

0

5

5

218

1.98

1.77

L206061671

0

20

20

39

1.08

0.14

L206061973

11

17

6

98

0.3

0.08

L206062074

7

12

5

51

0.18

0.05

L206062275

8

13

5

50

0.47

0.08

L206062276

12

16

4

30

0.43

0.13

L206070884

6

14

8

39

0.13

0.08

L206080785

0

11

11

56

0.12

0.04

L206080886

5

14

9

37

0.59

0.07

L206081088

8

12

4

193

0.1

0.05

L206081189

2

11

9

146

0.12

0.05

L206081592

0

10

10

133

0.12

0.12

L206081793

0

14

14

98

0.33

0.16

L207082298

0

20

20

184

0.32

0.15

L207082499

0

16

16

70

0.25

0.16

L207082903

10

12

2

106

0.33

0.09

L306050601

0

12

12

134

0.18

0.05

L306050602

0

7

7

152

0.51

0.27

L306050803

0

4

4

64

0.06

0.05

L306050804

0

7

7

62

0.4

0.08

L306051007

0

11

11

76

1.4

0.48

L306051108

0

7

7

37

1.32

0.47

L306051310

6

18

12

122

0.76

0.32

L306051511

0

1

1

162

0.52

0.4

L306051714

0

9

9

36

0.32

0.06

L306062043

3

14

11

211

0.74

0.4

L306062044

0

8

8

103

1.99

0.46

L306062246

0

11

11

78

1.38

0.31

L306062650

0

14

14

54

2.5

0.33

L306062852

1

6

5

84

0.63

0.4

L306062953

0

6

6

84

0.6

0.46

L306070355

0

7

7

395

0.2

0.06

L306070456

0

18

18

230

0.79

0.48

L306070658

1

6

5

213

0.23

0.12

L306072904

0

7

7

59

2.33

1.24

L306073105

0

19

19

242

0.48

0.17

L306080106

0

12

12

35

0.51

0.27

L306080911

0

19

19

227

0.06

0.02

L306081012

0

8

8

361

0.09

0.02

             

Average of 46 holes

 

8.9

119

0.67

0.23

 

632500E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

L1060821253

0

18

18

171

0.15

0.08

L1060821254

0

14

14

93

1.95

0.84

L1060824257

0

16

16

251

5.43

4.04

L1060824258

0

19

19

69

0.97

0.71

L1060824259

0

21

21

191

3.09

1.89

L1060831262

13

17

4

47

0.06

0.03

L206050948

0

22

22

113

0.32

0.11

L206051049

0

15

15

63

4.16

0.23

L206051150

0

14

14

62

1.55

0.39

L206051151

0

13

13

42

1.28

0.17

L206051654

0

14

14

75

3.02

0.22

L206051755

0

14

14

46

1.69

0.12

L206052656

0

9

9

75

2.61

0.53

L206052757

0

12

12

56

1.05

0.47

L206053058

0

20

20

30

1.06

0.44

L206060562

0

8

8

29

1.33

0.91

L206090914

0

12

12

49

6.52

2.07

L206091116

0

12

12

43

7

0.7

L206091217

0

21

21

124

1.61

0.28

L206091318

0

21

21

57

1.58

0.39

L206091319

0

16

16

81

1.14

0.41

L206091420

0

17

17

451

1.88

0.48

L206091521

0

21

21

339

1.39

0.29

L206091522

0

9

9

409

1.46

0.33

             

Average of 24 holes

 

15.1

131

2.11

0.68

 

631800E

           
             

Drill Hole

From

To

Thick (m)

Ag gpt

Zn%

Pb%

R9910

99

104

5

109

3.86

3.37

L306122011

0

13

13

32

5.26

0.67

L306122012

0

7

7

1017

1.33

0.67

L306122013

0

13

13

18

2.19

0.82

L306122014

0

12

12

125

1.3

0.6

L307010519

0

16

16

10

0.89

8

L307010520

0

12

12

21

0.25

0.09

             

Average of 7 holes

 

11.1

131

2.03

2.27


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.