Cedar Mountain Terminates LOI’s with Sterling Mining de Mexico S.A. de C.V
August 1, 2008 – CALGARY, Alberta – Cedar Mountain Exploration Inc. (CED:TSXV) (“Cedar”) has terminated the letters of intent previously announced on April 28, 2008 with Sterling Mining de Mexico S.A. de C.V (“Sterling”) on the option to acquire a 100% interest in the Jimenez del Tuel and Venaditas-Chapis properties in the State of Zacatecas in central Mexico.
About Cedar Mountain
Cedar Mountain Exploration Inc. is mineral exploration company focused on gold and base metal projects. The company’s assets include the Cedar Creek Gold Property, a bulk tonnage sediment hosted gold target situated immediately adjacent to Skygold Ventures Ltd.’s Spanish Mountain project in the Cariboo region of south-central British Columbia, the Lemon Lake Property, also in the Cariboo region, located 9 km northeast of the village of Horsefly and the Venus Property approximately 16 km northeast of Salmo in south-eastern British Columbia.
Peter Kleespies, P.Geol. has reviewed the information in this press release and is the Qualified Person as defined by NI 43-101.
This news release contains forward-looking statements regarding ongoing and upcoming exploration work and expected geology, geological formations and structures. Actual results may differ materially from those anticipated in these statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.