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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (44742)	10/8/2009 6:37:03 PM
From: LoneClone	Read Replies (1) \| Respond to of 197241

U.S. Silver Reports on a New Mine Manager, Safety Milestones & Higher Q3 Production Thu Oct 8, 8:17 AM ca.news.finance.yahoo.com TORONTO--(BUSINESS WIRE)--U.S. Silver Corporation (TSX-V: USA, & OTCQX: CYLPF) (“US Silver” or “the Company”) is pleased to announce that Mr. Andrew Gaudielle has joined U.S. Silver as the new Mine Manager at the Galena and Coeur mines as well as at the adjoining Caladay property. Mr. Gaudielle was most recently employed by Northland Resources Inc. as the Senior Manager of Operations. Mr. Gaudielle has a Mining Engineering degree from University of Arizona and brings to the Company more than 35 years of experience in the mining industry. He will be responsible for managing the mining and milling operations. 365 Days without a Lost-Time Injury: On September 24th U.S. Silver completed one year without a Lost-Time Injury with that excellent record continuing to date. The Company has now worked over two years with only one Lost Time Injury, which injury occurred on September 23, 2008. 3rd Quarter Production: Third quarter production from the Company’s Galena mine was 558,071 ounces of silver compared to 518,058 ounces for the same period in 2008. Copper production in the quarter totaled 268,781 lbs. while lead production totaled 1,092,864 lbs. Production was impacted during the third quarter by lower than forecast head grades from the 2400 level work areas and installation and remediation of underground support. These events prevented mining from three higher-grade stopes for approximately two weeks. Silver production through the first 3 quarters of 2009 totals 1,776,315 ounces compared to 1,226,233 ounces during the same period of 2008, an increase of 550,082 ounces of silver or 45%. Galena Shaft rehabilitation: The Galena Shaft rehabilitation resumed on July 27, 2009 and continues as planned. Repairs and installation of the concrete lining advanced 52 feet during the quarter. Prior to year end there remains approximately 75 feet to be excavated and lined with concrete in order to complete rehabilitation and thereby enhance production capabilities in 2010. ABOUT U.S. SILVER CORPORATION U.S. Silver, through its wholly owned subsidiaries, owns and operates the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in Shoshone County, Idaho, with the Galena mine being the second most prolific silver mine in US history. Total silver production from U.S. Silver's mining complex has exceeded 210 million ounces of silver production since 1953. U.S. Silver controls a land package now totaling approximately 18,000 acres in the heart of the Coeur d'Alene Mining District. U.S. Silver is focused on expanding the production from existing operations as well as exploring and developing its extensive Silver Valley holdings in the Coeur D'Alene Mining District. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available at www.sedar.com. U.S. Silver Corporation Tom Parker, 208-752-0400 President and CEO