One never knows. It is not a BOB 321 gold reco yet. He is heading to the mine this week. <G> Penntrade newsletter was posted at 321 gold.
Not to be outdone, explorers Timberline (TBLC.OB) and Silverfields (SF.V) are poking around the Coeur d'Alene District's east end, in the shadow of the Lucky Friday's headframe. Interesting geology in that neck of the woods, where the Revett Fault leaves the Coeur d'Alenes and the Montana Copper-Sulfide belt kicks in.
And we ended the old year and ring in the new with the newest kid on the block: Strategic Nevada Resources (SNS.V) who on Tuesday, Jan. 2 will assume ownership of the Crescent Silver Mine smack dab between Bunker Hill and Sunshine. SNS has let no grass grow under their feet. Right after the mid-December court house auction (which broke a few hearts of mining companies who wanted Crescent but weren't in a position to make the lunge) Strategic Nevada President Neil Linder announced the hiring of long-time Coeur d'Alene District geologist Brian White and the appointments to SNS's board of long-time mining executive Tom Fudge, who managed both the Lucky Friday mine in northern Idaho and the La Camorra gold mine in Venezuela for Hecla, and Dr. Ishuing Wu, formerly U.S. Exploration Manager for Chevron Resources, Exxon Minerals, Kennecott Exploration, Great Wall Gold Corp., and General Minerals Corp.
Lastly, we would be remiss not to mention Silver Royal Apex, a new company founded by former Coeur d'Alene Mines CEO and mine-finder nonpareil Justin Rice, which is kicking rocks north of the Osburn Fault to find what may be a mirror-image of the rich Silver Belt on the south of the fault. There's a very good chance another billion or two ounces may be found in that unexplored territory.
So, silver fans, 2006 was indeed a year for the record books for the old Silver Valley and the Coeur d'Alene Mining District, now 120 years old and going strong. And long overdue. After all, how long can you trip over 20-ounce mill-heads in your dash to Bolivia or some other Bolshevik dictatorship? The silver is here, and so are the people with the will to mine it. Thus we enter 2007 with this prediction – nay, a promise: This great camp is gonna rock.
silverminers.com |
