Mines Management Achieves Permitting Milestone  

SPOKANE, WA - Mines Management, Inc. reported that a Supplemental Draft Environmental Impact Statement (the SDEIS) has been completed by the U.S. Forest Service for the Montanore Project in Sanders County, Montana.

Completion of the SDEIS is a major step forward in the final phase of the permitting process, stated Glenn M. Dobbs, the Company's President and CEO. It signals a move toward completion of the process we began in 2005, since which time we have developed extensive documentation demonstrating the benign nature of this underground mining project, and the protections to the environment provided in the plan of operations.

Using proven processes to mine and process the material, we have designed a mine which would exceed current standards and regulations to protect wildlife, maintain purity and viability of water in the region, and mitigate any other potential or perceived risks to the environment. We are gratified with the work that has been done by the agencies and the EIS contractor who have completed a thorough analysis of the Montanore Project. We are especially appreciative of the overwhelming support the community has provided throughout this process.

Having been previously fully permitted in 1993, the project has undergone additional exhaustive studies, and it is clear the community in the area of the project would like to see the mine built. If developed, the Montanore Project would provide an estimated 350 direct long term jobs in a community with approximately 20% unemployment, resulting in significant economic growth and an increase in the tax base. With the completion of the SDEIS, we are optimistic that the permitting process is nearing a conclusion, after which the project can move forward.

The company's address is 905 W. Riverside Ave., Suite 311, Spokane, WA 99201, (509) 838-6050.