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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (55940)	1/25/2008 2:49:45 PM
From: loantech	Read Replies (1) \| Respond to of 78435

Some of those drill results have been great some 50-100 ounces per ton AG some others 10 ounces but 20 % lead. High grade. Bring on some drill news it has been a while.

To: TheBusDriver who wrote (55940)	1/25/2008 2:56:20 PM
From: loantech	Read Replies (1) \| Respond to of 78435

< U.S. Silver Corporation is pleased to provide an update on its Caladay exploration project. Over the last several months, company personnel have been reviewing historic records on the Caladay property, which adjoins the producing Galena Mine to the east. The Caladay Shaft lies approximately 7,300 feet southeast of the Galena Mine No.3 Shaft and the two mines are interconnected on the 4900 foot level of the Galena. In the early 1980's a joint venture of Day Mines, Callahan Mining, and ASARCO spent approximately $32.5 million (about $80.0 million in 2006 dollars) on the Caladay property to construct surface facilities, a 5,101foot deep shaft and associated underground workings to explore the property. The hoist is currently fully operational. The historical underground exploration program undertaken in the late 1980's included 94 drill holes. This program was designed to extend the "Silver Belt" of the Coeur d'Alene District further east by delineating the down plunge extensions from the Galena Mine. Exploration was curtailed in 1989 due to the softening of the silver market. As a result, exploration on the property remains incomplete. In light of current metal prices, apparent widths and continuity of discovered mineralization, and the proximity of the Caladay property to the Galena and Coeur mines, the Company is encouraged about the future potential of the property. In addition, the Caladay facilities benefit the Galena Mine operations through improved ventilation, possible additional muck hoisting capacity, and as a secondary potential escapeway. >> I heard that some of the grade and widths here are quite good to say the least. Much wider widths than current workings. 94 drill holes. This thing looks better and better. us-silver.com