SPOKANE, Wash., Aug. 29, 2014 (GLOBE NEWSWIRE) -- Mines Management, Inc. ("Mines Management" or the "Company") (NYSE-MARKET:MGN) (TSX:MGT) is pleased to announce its participation in the upcoming Rodman & Renshaw Global Investment Conference sponsored by H.C. Wainwright on Wednesday, September 10, 2014.
At the conference, the Company will provide a presentation and update on the large Montanore Silver-Copper Project. The Company will also be available throughout the day for opportunities to meet with shareholders, investors and analysts. The conference is being held at the New York Palace Hotel. For more information regarding the conference, please visit www.rodm.com.
MINES MANAGEMENT, INC.
The Company's primary focus is on the advancement of the Montanore silver-copper project located in northwestern Montana. The Montanore is an advanced stage exploration project, which contains an estimated resource of 116 million tons of material with average grades of 1.98 ounces silver per ton and 0.74% copper. The mineral resource is considered to be in the measured, indicated and inferred categories, and a preliminary economic assessment (PEA) completed in 2011 indicated robust potential economics. The resource and PEA have been previously reported in accordance with Canadian National Instrument 43-101. For more information on the Company and the Montanore project, please visit www.minesmanagement.com
Cautionary Note to U.S. Investors concerning estimates of Measured and Inferred Mineral Resources:
This press release uses the terms "Measured Mineral Resource", "Indicated Mineral Resource", and "Inferred Mineral Resource." We advise U.S. investors that while those terms are recognized and required by Canadian National Instrument 43-101, the Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral reserves. Inferred Mineral Resources have a greater amount of uncertainty as to their existence and as to their economic and legal feasibility. In accordance with Canadian rules, estimates of Inferred Mineral Resources cannot form the basis of feasibility or other economic studies. U.S. investors are cautioned not to assume that part or all of the Inferred Mineral Resources exists, or is economically or legally mineable. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject to NI 43-101.
Douglas D. Dobbs President, Mines Management, Inc. Phone: 509-838-6050 Fax: 509-838-0486 Email: Web: www.minesmanagement.com