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Shoshone Silver/Gold Mining Co., Inc. (SHSH)

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Last Post: 3/29/2014 11:51:14 PM - Followers: 50 - Board type: Free - Posts Today: 0




 

Established in 1969 as a silver exploration, development and production company, Shoshone Silver/Gold is located in Coeur d' Alene, Idaho. Shoshone operated its Lakeview District mines and Lakeview mill in northern Idaho successfully producing silver, gold, and base metals for much of the decade that followed.

With the decline of silver and other metal prices in the 1980's, Shoshone began to focus on acquiring new properties and diversifying its interests while still developing its Lakeview properties. During this period of time the Company remained viable when many other mining companies had to close their doors. Shoshone increased its inventory of mining equipment for the future and kept its corporate debt level to a minimum.

In April of 2010, Shoshone regained the status of being a production company once more. Shoshone signed a contract with Teck Metals, LTD in Trail, British Columbia to process the silver concentrates being produced by Shoshone's Lakeview, Idaho mill. The first shipment of silver concentrates was shipped up to Trail on April 15, 2010 for smelting.


In 2009 the Company acquired Kimberly Gold Mines, Inc. and its exceptional portfolio of gold properties in central Idaho and central Washington. After the addition of the Kimberly gold properties to Shoshone's existing gold properties the Company changed its name from Shoshone Silver Mining Company to Shoshone Silver/Gold Mining Company. In late 2009 Shoshone leased 35 patented mining claims known as the "Camp Project" claims from Merger Mines Corporation. These claims are located in the heart of Idaho's famous "Silver Valley".

Shoshone is a company with an impressive portfolio of properties
including approximately 2,992 acres (1,211 hectares) in its "Silver Division",
approximately 2,125 acres (896 hectares) in its "Gold Division", and
approximately 200 acres (80 hectares) of "Potential Platinum" properties.

Shoshone has two operational ore processing mills, one for silver and one
for gold, minimal corporate debt, a large inventory of mining equipment
owned by the company, and top management with over 106 years of mining
industry experience.

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Corporate Website:

http://www.shoshonesilvermining.com

Share Structure



Market Value1 $7,939,006 a/o Jan 04, 2012
 
Shares Outstanding 52,926,704 a/o Dec 13, 2011
 
Float Not Available
     

42,659,037  Outstanding as of August 4, 2010
200,000,000 Authorized as of May 28, 2009
 

Plan of Operation

In April of 2010, Shoshone regained the status of being a production company once more. Shoshone signed a contract with Teck Metals, LTD in Trail, British Columbia to process the silver concentrates being produced by Shoshone's Lakeview, Idaho mill. The first shipment of silver concentrates was shipped up to Trail on April 15, 2010 for smelting.


 

On March 12, 2009, we acquired certain assets from Kimberly Gold Mines, Inc. ("Kimberly") in a transaction where the Company issued 12,145,306 shares of common stock and other consideration in exchange for 100% of Kimberly's common stock. Included in this acquisition were 127 unpatented mining claims located primarily in Idaho and Washington as well as a mill in need of refurbishing and various pieces of equipment.

Work at the Rescue Mine will resume on June 1, 2010. The first priority is to finish upgrading and renovating the mill. Once the mill work is completed, the mill will be started up and test runs on stockpiled ore will be conducted. The 200 level portal is scheduled to be reopened so that mine development can resume. This work will require some ground support, general clean up, the installation of a refuge station and the addition of air and water lines. A new decline portal has been planned to access the Rescue vein 1,000 feet east of the mill. Road work, site preparation and collaring off for the new decline portal should be accomplished this summer. This new decline portal will provide access to unmined portions of the Rescue vein and, when completed, will serve as the secondary escape-way from the mine as well as the exhaust ventilation drift for the mine ventilation system.
 

LATEST 10K
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8305676-873-308387&type=sect&dcn=0001472375-11-000235

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nor should it be used to make investment decisions.
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SHSH News: Shoshone Silver/Gold Acquires Gray Eagle Mine Property In California 03/26/2014 01:38:00 PM
SHSH News: Shoshone Silver/Gold Acquires Gray Eagle Mine Property In California 03/26/2014 01:38:00 PM
PostSubject
#1357   Considering the heavy environmental regulations on miners in PenniesLuv2FollowMe 03/29/14 11:51:13 PM
#1356   Shoshone certainly has along history and one of sanbrunobaby 02/24/14 01:48:01 PM
#1355   SHSH would probably run first--before those other three. Montanore 02/22/14 05:54:23 PM
#1354   I agree it will take a lot higher sanbrunobaby 01/17/14 02:43:36 PM
#1353   A lot of the penny miners such as Montanore 01/17/14 01:49:08 PM
#1352   I agree with Ryan's contacts and experience SHSH sanbrunobaby 01/17/14 10:52:27 AM
#1351   It's too bad the Crosby nephew can't sing Montanore 09/10/13 03:39:57 PM
#1350   Crosby and Ryan have been involved in many sanbrunobaby 09/10/13 01:40:28 PM
#1349   As far as I can tell, they still Montanore 08/29/13 03:08:49 AM
#1348   Why a scam ? the company owns some sanbrunobaby 08/13/13 08:10:01 AM
#1347   BEWARE!!! this is just another sanObumOcrybaby scam. maxgun 08/12/13 08:24:24 PM
#1346   I just think there are many alternative paths sanbrunobaby 08/06/13 08:07:05 PM
#1345   With so many mining scams out there, this Montanore 08/06/13 03:09:43 PM
#1344   time to buy : appears to have sanbrunobaby 08/06/13 11:34:01 AM
#1343   carl405040 07/05/13 06:40:24 PM
#1342   so many have gone sub-penny 77_ 06/24/13 11:48:41 AM
#1341   I doubt they'll produce anything any time soon--not Montanore 06/08/13 11:20:48 PM
#1340   The question I have is how close are carl405040 06/06/13 07:14:01 PM
#1339   Still dormant. Anything under a nickel seems like Montanore 04/11/13 03:48:51 PM
#1338   Looks to be waking up from a deep sleep! Parabelle 02/22/13 06:24:57 PM
#1337   10-Q, 8-K ON FILE. UPGRADE FROM PINK EasyBet 02/21/13 01:29:24 PM
#1336   played this last move..back to watch Roy London 11/10/12 12:12:21 PM
#1335   news Shoshone Silver/Gold Acquires World Class Exploration Properties In budsk8 11/07/12 08:14:33 AM
#1334   Still looking for a mining company in or Ohman 10/13/12 05:22:40 PM
#1333   Time for Rip Van Shoshone to wake up now! Montanore 09/13/12 01:13:19 PM
#1332   Silver and gold continue to break out higher. Montanore 09/06/12 11:20:25 AM
#1331   Greetings, Any opinion about a specific stock or it's EasyBet 09/05/12 07:37:39 PM
#1327   You can't provide a link to any paid Montanore 09/05/12 02:40:59 PM
#1326   The message is relevant to the stock. g0nz0 09/05/12 02:38:37 PM
#1321   You aren't here to post relevant info on Montanore 09/05/12 02:28:37 PM
#1320   "Of course, mistakes are occasionally made and posts g0nz0 09/05/12 02:25:38 PM
#1319   http://ihwiki.advfn.com/index.php?title=Handbook#Deletion_of_Posts Mod Handbo g0nz0 09/05/12 02:23:33 PM
#1313   I'm deleting your post since you can't back Montanore 09/05/12 02:06:15 PM
#1311   Link, please. Montanore 09/05/12 02:02:49 PM
#1309   Who is promoting it? This has been dormant Montanore 09/05/12 01:57:22 PM
#1308   I would bail out myself. I heard the g0nz0 09/05/12 01:55:56 PM
#1307   Good buying opportunity if it does get to .06. Montanore 09/05/12 01:55:07 PM
#1306   Nah it's not waking up. I think this g0nz0 09/05/12 01:49:45 PM
#1305   Ryan was one of the big players behind Montanore 09/05/12 01:19:54 AM
#1304   SHSH breaks .10--quietly! This one can snooze its Montanore 09/01/12 12:12:44 PM
#1303   10Q filed August 10, 2012. Access via EasyBet 08/15/12 08:27:48 PM
#1302   news Shoshone Silver/Gold Signs Option To Lease Agreement On budsk8 08/15/12 03:00:01 PM
#1301   John Ryan- 123buyer 08/10/12 01:59:25 PM
#1300   Trying to buy some but get passed over EasyBet 08/09/12 07:06:21 PM
#1299   SHSH waking up? Montanore 08/09/12 03:25:47 PM
#1298   some news............http://bmz.live.irmau.com/IRM/Company/ShowPage.aspx/PDFs/98 budsk8 07/12/12 01:04:19 PM
#1297   I really don't know EasyBet. The Pinksheets Authorized the cork 07/03/12 12:44:47 PM
#1296   I believe Van Voorhies was brought in to EasyBet 07/03/12 12:20:43 PM
#1295   Old or new is what I was looking eom7 06/29/12 03:58:18 PM
#1294   Sounds like that Roger Van Voorhees guy was the cork 06/29/12 03:49:48 PM
PostSubject