News Release

Spokane, Washington – January 18, 2008 -- Mines Management, Inc. (AMEX: MGN, TSX: MGT) (the Company) is pleased to announce it will present at the Vancouver Resource Investment Conference, scheduled for January 20 and 21, 2008, at the Vancouver Convention & Exhibition Centre, 200 - 999 Canada Place, Vancouver, British Columbia.

The Company's booth number is: 1111

The Company will also provide an update on activities at the Montanore Silver Project on Monday, January 21st, at 4:10 p.m. in Workshop #4. The presentation will focus on exciting progress being made at the Montanore Project

Register at the booth to win a beautiful 1 Kilo Kookaburra Silver Coin. Drawing to be held during the Company’s presentation.

Pre-registration to the conference is free. Information about the conference can be obtained at the conference’s website at the following location: www.cambridgehouse.ca, or by clicking on the following link to the Cambridge House Vancouver Conference.

Statements made which are not historical facts, such as participation in industry events, permitting, drill results, engineering and feasibility, and the timing of such activities, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals price volatility, volatility of metals production and costs, exploration risks and results, political risks, project development risks, labor issues and ability to raise financing. Refer to the company's Form 10-Q and 10-K reports for a more detailed discussion of factors that may impact expected future results. These disclosures are accessible on the company’s website at www.minesmanagement.com and at www.sec.gov.

Contact:

Mines Management, Inc.
Douglas Dobbs, Vice President Corporate Development & Investor Relations
Phone: 509-838-6050
Email: info@minesmanagement.com



MINES MANAGEMENT TO PRESENT AT CAMBRIDGE HOUSE VANCOUVER RESOURCE INVESTMENT CONFERENCE ON JANUARY 21ST January 18, 2008
Press Release 08-01
Spokane, Washington – January 18, 2008 -- Mines Management, Inc. (AMEX: MGN, TSX: MGT) (the Company) is pleased to announce it will present at the Vancouver Resource Investment Conference, scheduled for January 20 and 21, 2008, at the Vancouver Convention & Exhibition Centre, 200 - 999 Canada Place, Vancouver, British Columbia. The Company's booth number is: 1111 The Company will also provide an update on activities at the Montanore Silver Project on Monday, January 21st, at 4:10 p.m. in Workshop #4. The presentation will focus on exciting progress being made at the Montanore Project Register at the booth to win a beautiful 1 Kilo Kookaburra Silver Coin. Drawing to be held during the Company’s presentation. Pre-registration to the conference is free. Information about the conference can be obtained at the conference’s website at the following location: www.cambridgehouse.ca, or by clicking on the following link to the Cambridge House Vancouver Conference. Statements made which are not historical facts, such as participation in industry events, permitting, drill results, engineering and feasibility, and the timing of such activities, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals price volatility, volatility of metals production and costs, exploration risks and results, political risks, project development risks, labor issues and ability to raise financing. Refer to the company's Form 10-Q and 10-K reports for a more detailed discussion of factors that may impact expected future results. These disclosures are accessible on the company’s website at www.minesmanagement.com and at www.sec.gov. Contact: Mines Management, Inc. Douglas Dobbs, Vice President Corporate Development & Investor Relations Phone: 509-838-6050 Email: info@minesmanagement.com Source: Mines Management, Inc.