Article: Mines Management Announces Second Quarter Financial and Operating Results.(Financial report)

SPOKANE, Wa. -- Mines Management, Inc. (NYSE Amex:MGN)(TSX:MGT) is pleased to announce results for the second quarter, 2009.

In the second quarter of 2009, the Company:

* Completed the EIS public comment period June 29, 2009, with agencies currently compiling the data.

* Approved and adopted the Shareholders Rights Plan at the June 18, 2009 Annual Meeting of shareholders.

* Demobilized Small Mine Development, the adit rehabilitation contractor, on April 30, 2009 after installation and testing of the sumps for the water treatment system at the Montanore adit site.

* Maintained a strong cash and investment position at June 30, ...

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