SUTTER GOLD CLARIFIES DISCLOSURE CONCERNING CERTAIN MINERAL RESOURCE ESTIMATES AND THE PRELIMINARY ECONOMIC ASSESSMENT
AT ITS LINCOLN MINE PROPERTY

Vancouver, British Columbia (April 15, 2015) - Sutter Gold Mining Inc. (SGM:TSX-V) (SGMNF:OTCQX) (“Sutter” or the “Company”) announces that as a result of a recent review by the British Columbia Securities Commission ("BCSC"), the Company is issuing the following news release to clarify certain technical disclosures made by the Company.

The Company filed a National Instrument 43-101 technical report in respect of its Lincoln Mine gold project in Sutter Creek, California, USA on February 11, 2008 (the “2008 Report”). It subsequently filed a Preliminary Economic Assessment (the “2011 PEA”) in respect of the Lincoln-Comet deposits, which represents a portion of the Lincoln Mine gold project, on June 16, 2011. The 2011 PEA disclosed resource estimates for the Lincoln-Comet deposits of 152,000 tons grading 0.401 oz/ton gold in the indicated class and 506,000 tons grading 0.254 oz/ton gold in the inferred class. As the basis for mine planning and design, these values were lesser in quantity and more conservative than the resource estimates for the Lincoln-Comet deposits disclosed in the 2008 Report, which were 511,700 tons grading 0.37 oz/ton in the indicated class and 194,100 tons grading 0.28 oz/ton in the inferred class (the “2008 Resource Estimates”). However, in several news releases issued subsequent to the May 4, 2011 filing of the 2011 PEA, the Company continued to disclose the Lincoln-Comet resource estimates from the 2008 Report, as well as the Keystone and other resources that were reported in the 2008 Report but not used in preparation of the 2011 PEA.

The 2011 PEA included the results of the 2008 Report in the History section, however, it did not include the results in the Mineral Resource Estimate, nor did it support the 2008 Resource Estimates.

In the circumstances, and until a NI 43-101 compliant report supporting the previously disclosed 2008 resource estimates has been accepted by, and filed with, the British Columbia Securities Commission, any such disclosure should not be relied upon.

The Company is currently discussing the preparation of a new or amended report, which would consolidate the 2008 and 2011 resource estimates, with its qualified persons and will promptly disclose any material changes in its resource estimates or results of a PEA that result from the new or amended report.

With respect to disclosure of the 2011 PEA, the BCSC has advised the Company that it did not prominently include mandatory cautionary language in its May 4, 2011 news release announcing the results of the 2011 PEA and in subsequent news releases and other disclosures. Although the May 4, 2011 included cautionary language regarding inferred mineral resources, it and subsequent news releases and Company Management Discussion and Analysis (MD&A) filings did not prominently include the mandatory cautionary language stating that the PEA is based on the evaluation of indicated and inferred mineral resources, is preliminary in nature, that it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and that there is no certainty that the preliminary economic assessment will be realized. As such, previous disclosures of the 2011 PEA, including news releases dating back to May 4, 2011 and the Company’s MD&A filings should be considered with this cautionary language regarding the preliminary nature and inclusion of inferred as well as indicated mineral resource estimates.

The disclosure in this news release has been reviewed by Neil Prenn, a Qualified Person as defined in NI 43-101.

Sutter Gold
Sutter currently holds a number of precious metals properties in California, USA, including the permitted Lincoln underground mine near Sutter Creek, California, as well as a new, permitted processing facility, located near the entrance to the Lincoln Mine. In March 2014, the project was put on care and maintenance while certain mineral processing issues are being evaluated and the Company reduced costs due to capital constraints.

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