Shoshone Silver Mining Winter Update Thursday April 10, 12:10 pm ET
ca.us.biz.yahoo.com
WALLACE, ID--(MARKET WIRE)--Apr 10, 2008 -- Exploration is continuing at Shoshone's (OTC BB:SHSH.OB - News) Bilbao project in Zacatecas, Mexico. The goal of the current drill program is to upgrade the categorization of the existing resource in pursuit of Canadian National Instrument 43-101 compliance. A press release summarizing the ongoing infill drilling may be viewed at mincoplc.com.
Shoshone is continuing to enhance its Lakeview Mill. Expanded lighting, insulation and sheeting have been installed in the mill building, enabling year round milling operation. A roof was constructed over the ore chute, and heavy equipment for transporting ore has been refurbished and upgraded to meet current safety standards. These improvements will be completed by May, at which time ore processing will resume.
During summer, 2008 Shoshone expects to be mining limited amounts of ore from the Weber Shear, the mineralized structure that hosts both the Weber and Keep Cool mines. Fresh ore from this operation will be processed at the nearby Lakeview Mill. The company anticipates shipping concentrates from the mill in late fall.
Shoshone holds 1100 acres in the Lakeview District containing 6 formerly producing mines. The company plans to begin a district-wide exploration program in July, focusing first on identification of underground structures followed by an aggressive drill program targeting mineralized structures.
For further information, please visit the company's website at www.shoshonesilvermining.com.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.
Contact:
Contact: Investor Relations Liz Wilhite Moechine Solutions Email Contact (208) 512-3009 Shoshone Silver Mining Email Contact (208) 752-1070
Source: Shoshone Silver Mining |