Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (38878)	4/25/2007 5:02:11 PM
From: loantech	of 78416

SNS has a great shot at hitting the target if the target is AG. <Location, the Crescent is literally located between two of America's most prominent mines the Sunshine and Bunker Hill, with combined silver production of over 400 million ounces. Geology, the property is underlain by the most favorable conditions in the Coeur d' Alene district to yield ore discoveries. A combination of structures and favorable lithology at the contact of the St. Regis and Revett formations indicate potential for high-grade ore occurrences in portions of the mine that are still relatively unexplored and developed. The majority of ores in the Silver Belt occur in similar areas. Near term mining potential, with the existence of significant mining, milling and processing infrastructure located nearby and known ore occurrences in the upper workings, profitable mining opportunities can be accomplished relatively quickly at the same time more reserves are being developed. Several veins and stopes still had good ore present prior to the cease of operations in the upper Crescent in 1940. The Alhambra vein was developed in the Taylor Stope for 60 ft. along strike, it ranges from one to a few feet in width and assays between 16 to 64 ounces per ton silver it is open both on strike and at depth. The Gray Copper vein was stoped at strike with the vein being between four and five feet of width and averaged 113 ounces per silver across a one-foot width. The vein is significantly un mined. Mine maps also show a five foot wide vein averaging 18 ounces across 5 feet in the Big Creek tunnel and an area 50 ft. long and 5 ft. wide averaging 112 ounces per ton. These are just a few examples of a number of targets for exploration and mining in the upper Crescent Mine. High Grade ore bodies. The Crescent Mine was historically the highest-grade producer in the Silver Belt. While the average grade of Crescent historical production is between 25 and 30 ounces per ton, there were a number of years in which the average grade of production was greater and than 50 ounces per ton silver for the entire year. Major areas of unexplored ground with the most favorable geology for high-grade discoveries. Historically the highest grade and most production in the Silver Belt come from the contact zone of the St. Regis and Revett Formations. Despite the fact that several veins in the Crescent are projected through this area it still remains relatively untouched. The area between the 1200 and 2500 level actually present the best potential geologically in the whole mine. Little exploration has been conducted in this area. It offers excellent potential for the discovery of numerous high-grade veins and ore shoots.>> snssilver.com I don't own any SNS at this time.

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