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$SSU: This is Signa Sports........ and its TANKIInggggggggggggg
Now 3.70
https://signa-sportsunited.com/
https://s28.q4cdn.com/222973702/files/doc_presentation/2022/10/SSU-Investor-Presentation_March-2022.pdf
GO $SSU
Carlos Slim Continues to Invest in Mining
http://www.wealthdaily.com/articles/carlos-slim-invests-in-mining/2983
Silver Sun Provides Corporate Update on Cherry Hill Gold Mine
Date : 01/05/2012 @ 9:52PM
Source : Business Wire
Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to confirm that production at the Cherry Hill Gold Mine in Yreka California is continuing. The Company is currently trucking and stockpiling approximately 45 ton per day of its throughput in anticipation of the first milling to begin at the 400 ton per day Merlin mill in Grants Pass, Oregon, towards the end of January.
“We have been very lucky with the northern California weather”, stated Silver Sun President, Mark McLeary. “Since there has been very light snowfall in the area including at the 4,500 foot elevation of the mine, the Company has been able to continue with its plan of operations with no significant delays”.
Year end, comprehensive inspections by both the Mine Safety and Health Administration (MSHA) and the California Occupational Safety and Health Administration (Cal/OSHA) at the Cherry Hill mine created 8 days of non-production time prior to the holiday season.
Underground mining and development work continues with the extension of the Q4 adit along the vein as well as accessing the main zone of mineralization in the recently completed Q4-2 i-drift.
The NI 43-101 compliant technical report with respect to the Cherry Hill project is near completion. Samples taken by Derrick Strickland, P. Geo, have been submitted to ALS Chemex for assaying and results are expected shortly together with a finalized report.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development of precious metal deposits in North America. The Company is in the production stage with its gold project in Yreka, California and engaged in an on-going work program on the Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken to production in the near-term. The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
Ian Foreman, P. Geo, is the Company’s Qualified Person as defined by National Instrument 43-101, who is responsible for monitoring the supervision and quality control of Silver Sun’s exploration programs and who has reviewed and verified the technical information contained in this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
“Mark A. McLeary”
President
Forward Looking Statements
This news release contains statements that constitute "forward looking information" within the meaning of applicable Canadian provincial securities legislation ("forward-looking statements"). Forward-looking statements often, but not always, are identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeting" and "intend" and statements that an event or result "may", "will", "would", "should", "could", or "might" occur or be achieved and other similar expressions. Forward-looking statements in this news release include statements regarding the timing and nature of permitting studies, the timing and nature of infrastructure developments and construction, projections of future optimization, production timeline targets, the timing of negotiations with third parties, and the timing and nature of future exploration programs which are dependent on projections which may change as drilling continues, or if unexpected ground conditions are encountered. In addition, areas of exploration potential are identified which will require substantial drilling to determine whether or not they contain similar mineralization to areas which have been explored in more detail. The description of the extent of mineralized zones is not intended to imply that any economically mineable estimate of reserves or resources exists on any of Silver Sun’s projects.
The forward-looking statements that are contained in this news release are based on various assumptions and estimates by Silver Sun and involve a number of risks and uncertainties. As a consequence, actual results might differ materially from results forecast or suggested in these forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Silver Sun to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause the actual results to differ include; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; uncertainties concerning resource estimates; results of exploration, availability of capital and financing on acceptable terms, inability to obtain required regulatory approvals, unanticipated difficulties or costs in any rehabilitation which may be necessary, market conditions and general business, economic, competitive, political and social conditions. These statements are based on a number of assumptions, including assumptions regarding general market conditions, timing and receipt of regulatory approvals, the ability of Silver Sun and other relevant parties to satisfy regulatory requirements, the availability of financing for proposed transactions and programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. Although Silver Sun has attempted to identify important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, there may be other factors which cause actual results to differ. Forward-looking statements contained herein are made as of the date of this news release and Silver Sun disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
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.
http://ih.advfn.com/p.php?pid=nmona&article=50640588&symbol=SSU
.
S&P Capital IQ Initiates Coverage on Silver Sun Resource Corp. in Standard & Poor’s Factual Stock Reports
11/21/2011 @ 9:00AM - Source : Business Wire
S&P Capital IQ announced today that it has commenced Standard & Poor’s Factual Stock Report coverage on Silver Sun Resource Corp.
Silver Sun Resource Corp. (TSXV:SSU) engages in the acquisition, exploration, and development of precious metal deposits in North America. The company is in the final stages of development of its gold project in Yreka, California and is engaged in an on-going work program on the Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico.
On August 24, 2011, Silver Sun reported that they have obtained the necessary licenses and permits required to begin development work at the Cherry Hill Gold Mine. Development work will start with the creation of a refuge chamber as well as areas for the explosives magazine and blasting caps. This development work, as a requirement of the Mine Safety and Health Administration (MSHA), will allow the Company to expand its understanding of the underground geometry of the Queen Vein as approximately 105 feet of cross cuts are planned. These cross cuts outside of the vein will also provide the Company with stations where underground drilling can be conducted in the future to test the down-dip extensions of the vein.
On October 27, 2011, SSU announced that production had commenced at the Cherry Hill Gold Mine. Initially, operations will focus on accessing the main zone of mineralization in the Q4 portal. The Q4 i-drift is being developed on the vein where initial production is planned. Production may increase over time as additional mining faces and raises are developed. The company is currently stockpiling the mineralized material at their secured storage facility and expects to begin trucking the throughput to the Merlin mill, which is located approximately 90 miles north in Grants Pass, Oregon, by mid-November.
Standard & Poor’s Factual Stock Report coverage on Silver Sun Resource Corp. will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P Capital IQ research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.silversunresource.com for additional information.
About Standard & Poor's Factual Stock Reports
Currently profiling over 500 issuers, Standard & Poor’s Factual Stock Reports, produced by S&P Capital IQ, increase market awareness of issuers in the investment community with insightful commentary and key statistics and information. Standard & Poor’s Factual Stock Reports provide factual research coverage about company fundamentals and business prospects, thereby enabling information about covered companies to reach a wide investor audience of Buy and Sell-side investors. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is underwritten by the issuer, S&P Capital IQ does not offer investment opinions concerning the advisability of investing in these stocks.
Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of S&P Capital IQ or related organizations. S&P Capital IQ does not trade on its own account.
About S&P Capital IQ
S&P Capital IQ, a brand of the McGraw-Hill Companies (NYSE:MHP), is a leading provider of multi-asset class data, research and analytics to institutional investors, investment advisors and wealth managers around the world. We provide a broad suite of capabilities designed to help track performance, generate alpha, identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Securities Evaluations, Global Data Solutions, and Compustat; and research offerings including Leveraged Commentary & Data, Global Market Intelligence, and company and fund research, S&P Capital IQ sharpens financial intelligence into the wisdom today’s investors need.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50079474&lang=en
http://ih.advfn.com/p.php?pid=nmona&article=50125012&symbol=SSU
Silver Sun Completes Bulk Sampling
Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to announce the completion of a bulk sampling program at the wholly owned Cherry Hill gold mine, located in Siskiyou County, California. Approximately 100 tons of material was processed at the Discovery Day Mine’s gravity circuit mill, which produces two separate concentrates: a free-gold bearing concentrate and a sulphides concentrate that requires additional processing. The quantity and value of these concentrates has not been determined.
Samples of the concentrates and tailings from the processed material will be submitted to ALS Chemex Labs in Reno Nevada for assaying.
In addition, the Company is awaiting detailed metallurgical results from the Q4 i-drift that were sent to Norris Labs in Montana. The results from the recently completed bulk sampling and the detailed metallurgical study will be used to optimize the milling procedures for the 400 tonne per day Merlin gravity/floatation mill, located in Grants Pass, Oregon, which will be used to process all of the material mined from Cherry Hill.
As the development work is nearing completion at Cherry Hill, the Company is currently stockpiling all material extracted from the Q4 level in the Company’s secured compound in anticipation of shipping to Grants Pass.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development of precious metal deposits in North America. The Company is in the final stages of development of its gold project in Yreka, California and engaged in an on-going work program on the Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken to production in the near-term. The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
Ian Foreman, P.Geol, the Qualified Person as defined in National Instrument 43-101 for the Cherry Hill Property, has reviewed this news release and is responsible for the technical information reported herein.
ON BEHALF OF THE BOARD OF DIRECTORS
“Mark A. McLeary”
President
Forward Looking Statements
This news release contains statements that constitute "forward looking information" within the meaning of applicable Canadian provincial securities legislation ("forward-looking statements"). Forward-looking statements often, but not always, are identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeting" and "intend" and statements that an event or result "may", "will", "would", "should", "could", or "might" occur or be achieved and other similar expressions. Forward-looking statements in this news release include statements regarding the timing and nature of permitting studies, the timing and nature of infrastructure developments and construction, projections of future optimization, production timeline targets, the timing of negotiations with third parties, and the timing and nature of future exploration programs which are dependent on projections which may change as drilling continues, or if unexpected ground conditions are encountered. In addition, areas of exploration potential are identified which will require substantial drilling to determine whether or not they contain similar mineralization to areas which have been explored in more detail. The description of the extent of mineralized zones is not intended to imply that any economically mineable estimate of reserves or resources exists on any of Silver Sun’s projects.
The forward-looking statements that are contained in this news release are based on various assumptions and estimates by Silver Sun and involve a number of risks and uncertainties. As a consequence, actual results might differ materially from results forecast or suggested in these forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Silver Sun to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause the actual results to differ include; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; uncertainties concerning resource estimates; results of exploration, availability of capital and financing on acceptable terms, inability to obtain required regulatory approvals, unanticipated difficulties or costs in any rehabilitation which may be necessary, market conditions and general business, economic, competitive, political and social conditions. These statements are based on a number of assumptions, including assumptions regarding general market conditions, timing and receipt of regulatory approvals, the ability of Silver Sun and other relevant parties to satisfy regulatory requirements, the availability of financing for proposed transactions and programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. Although Silver Sun has attempted to identify important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, there may be other factors which cause actual results to differ. Forward-looking statements contained herein are made as of the date of this news release and Silver Sun disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
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.
http://ih.advfn.com/p.php?pid=nmona&article=49619869&symbol=SSU
Very Nice indeed, didn't expext this!
Silver Sun Acquires 100% of Cherry Hill Gold Mine
Silver Sun Resource Corp. ("Silver Sun" or "the Company") is pleased to announce that subject to Exchange approval, the Company has increased its interest in the Cherry Hill Mining Company to a total of 100% by acquiring an additional 31.85% interest.
In consideration for the additional 31.85% interest, the Company has agreed to issue 950,000 shares of Common Stock of the Company and issue 475,000 common share purchase warrants at a price of $0.56 for a period of twelve (12) months from the date of closing. Closing of the transaction will be subject to obtaining all applicable regulatory, corporate approvals and consents, including the consent of the TSX Venture Exchange.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development of precious metal deposits in North America.
The Company is in the final stages of development of its gold project in Yreka, California and engaged in an on-going work programme on their Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico.
The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken to production in the near-term.
The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
ON BEHALF OF THE BOARD OF DIRECTORS
"Mark A. McLeary"
President
SILVER SUN RESOURCE CORP.
Suite 400 - 409 Granville Street
Vancouver, BC, V6C 1T2
Telephone: (604) 678-2531
That's great news!
Silver Sun Acquires Additional Interest in Cherry Hill Gold Mine
Date : 05/12/2011 @ 9:15AM
Source : Business Wire
Silver Sun Acquires Additional Interest in Cherry Hill Gold Mine
Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to announce that the Company has increased its interest in the Cherry Hill Mining Company to a total of 68.15% by acquiring an additional 17.15% interest.
In consideration for the additional 17.15% interest, the Company has agreed to issue 500,000 shares of Common Stock of the Company subject to obtaining all applicable regulatory, corporate approvals and consents, including the consent of the TSX Venture Exchange.
“With this increased ownership, Silver Sun gains a greater percentage of the potential profit of the mine as well as we now have control over mining and exploration activities,” states Silver Sun president Mark McLeary.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development of precious metal deposits in North America. The Company is engaged in an on-going work programme on the Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken to production in the near-term. The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
ON BEHALF OF THE BOARD OF DIRECTORS
“Mark A. McLeary”
President
Forward Looking Statements
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.
Like the share structure on this company!
Silver Sun Provides Update on Cherry Hill Gold Mine
Date : 05/10/2011 @ 3:41PM
Source : Business Wire
Silver Sun Provides Update on Cherry Hill Gold Mine
Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to announce that it has formed a wholly owned U.S. subsidiary, Golden Sun LLC, as well as Cherry Hill Holdings LLC and Luckyboy Resources LLC which will function as the Joint Venture operating companies.
The Company received approval from the United States Forest Service (USFS) to continue with the current Plan of Operations, which is valid until the year 2015 using the permits and licenses that are currently in place. Once production resumes at Cherry Hill, the Company plans to apply to the USFS to broaden the Plan of Operations at Cherry Hill to include the entire property for which a full Environmental Assessment will be required.
The Company has contracted an experienced team of miners, some who have previously worked at Cherry Hill, and the main portal is now open and the workings are being readied for production to re-commence.
Company management was recently on site with Robert L. Hill, CA Reg. Geologist #3386, who was instrumental in interpreting the structural geology of the Cherry Hill Mine. The mine is centered on the Queen Vein, which has a known strike length of 1200 feet. The eastern portion of the vein has been mined out above level 3 (4450 feet) but remains open to depth. The Company will start mining from the existing 2 year old workings that access the Queen Vein from the west on level 4 (4360 feet) where ore has been blocked out between the 3rd and 4th levels.
“Having now been underground, we have a much better understanding of the nature of the Queen Vein and where we will have immediate access to blocked out ore,” stated president Mark McLeary.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development of precious metal deposits in North America. The Company is engaged in an on-going work programme on the Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken to production in the near-term. The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
Ian Foreman, P.Geo, is the Company’s Qualified Person as defined by National Instrument 43-101, and is responsible for monitoring the supervision and quality control of Silver Sun’s exploration programs and has not verified the historical data contained herein.
ON BEHALF OF THE BOARD OF DIRECTORS
“Mark A. McLeary”
President
Forward Looking Statements
The data included in the report of Robert L. Hill CA Reg. Geologist #3386 with respect to the Property is historical in nature. The Company is not treating the data as National Instrument defined resources or reserves verified by a Qualified Person, and the historical estimate should not be relied upon. The reader is cautioned that the potential quantity and grade of the regional exploration target is conceptual in nature; it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource and there is no guarantee that these resources, if delineated, will be economic or sufficient to support a commercial mining operation. The Company's production objectives are intended to provide an indication of management's current expectations and are still conceptual in nature. It is uncertain that it will be established that these resources will be converted into economically viable mining reserves. Until a feasibility study has been completed, there is no certainty that these objectives will be met.
This release contains forward-looking statements including management's assessments of future plans and operations, and expectations of future production. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, the risk that the conditions to complete the acquisition of the Property are not met including satisfactory completion of the Company’s due diligence and any inability to obtain any applicable regulatory or corporate consents or approvals for the proposed acquisition, the risks associated with the mining and exploration industry including operational risks in development, exploration and production; delays in obtaining any governmental approvals required for production of the Company's mineral properties, inability to obtain access to mills or reach an agreement on commercially acceptable terms for processing of mineralized material from the Company's mining projects, delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production and the uncertainty of the availability of capital). The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
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.
It's a done deal with the Cherry Hill Mine and work crew has been hired to prep the mine for production right away. Been watching this stock for awhile now and is a great one still at a great price.
SILVER SUN SIGNS DEFINITIVE AGREEMENT FOR A MAJORITY INTEREST IN CHERRY HILL
________________________________________
Vancouver, British Columbia (March 21, 2011) -- Silver Sun Resource Corp. ("Silver Sun" or "the Company") (SSU.V) is pleased to announce the signing of the definitive agreement for the purchase of a 51% interest in the Cherry Hill Mining Project, located in Siskiyou County, northern California, whose key asset is the past producing Cherry Hill Mine.
The Cherry Hill Mining Project is fully permitted and consists of a high-grade underground quartz lode mine that is located on a claim block consisting of six unpatented mining claims and one mill site claim that includes a 750-ton-per-month gravity circuit mill with all machinery and equipment.
In consideration of the acquisition of a 51percent interest in the project, the company agreed to pay $555,000 (U.S.) to Cherry Hill. The company has made a non-refundable deposit of $10,000 (U.S.) to Cherry Hill to be credited against the purchase price. Closing of the transaction, on or before April 15, 2011, is subject to a number of conditions including the satisfactory completion of the parties' due diligence investigations; and obtaining all applicable regulatory and corporate approvals and consents. There are no finders' fees payable in connection with the proposed transaction.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development of precious metal deposits in North America. The Company is engaged in an on-going work programme on the Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico.
The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken to production in the near-term. The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
Ian Foreman, P.Geo, is the Company's Qualified Person as defined by National Instrument 43-101, and is responsible for monitoring the supervision and quality control of Silver Sun's exploration programs and has not verified the historical data contained herein.
ON BEHALF OF THE BOARD OF DIRECTORS
"Mark A. McLeary"
President
Forward Looking Statements
The Company is not treating the data as National Instrument defined resources or reserves verified by a Qualified Person, and the historical estimate should not be relied upon. The reader is cautioned that the potential quantity and grade of the regional exploration target is conceptual in nature; it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource and there is no guarantee that these resources, if delineated, will be economic or sufficient to support a commercial mining operation. The Company's production objectives are intended to provide an indication of management's current expectations and are still conceptual in nature. It is uncertain that it will be established that these resources will be converted into economically viable mining reserves. Until a feasibility study has been completed, there is no certainty that these objectives will be met.
This release contains forward-looking statements including management's assessments of future plans and operations, and expectations of future production. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, the risk that the conditions to complete the acquisition of the Property are not met including satisfactory completion of the Company's due diligence and any inability to obtain any applicable regulatory or corporate consents or approvals for the proposed acquisition, the risks associated with the mining and exploration industry including operational risks in development, exploration and production; delays in obtaining any governmental approvals required for production of the Company's mineral properties, inability to obtain access to mills or reach an agreement on commercially acceptable terms for processing of mineralized material from the Company's mining projects, delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production and the uncertainty of the availability of capital). The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
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.
http://www.infomine.com/index/pr/PB014527.PDF
With this low of an O/S I'm in the stupid camp with you...
Those crazy high levels of Silver are insane, 1000+ gpt, made it obvious!
Cant believe I set the IBox up at .06 and did not buy.
What was I thinking???
Kiwi
Share Structure as of March 17, 2010
Outstanding: 23,500,000
Escrowed: 1,845,000
Management Options: 900,000 (at $0.11)
Silver Sun Receives Results of Metallurgical Test Program on Zacatecas Property
Vancouver, British Columbia (October 4th, 2010) -- Silver Sun Resource Corp. ("Silver Sun" or "the Company") announces that it has received the metallurgy test results from SGS de Mexico S.A. de C.V. on the mineralized stockpiles from the Company's Zacatecas properties.
The purpose of this test program was to determine the amenability to different processes for the extraction of the gold and silver from mineralized samples taken from the Company's stockpiles. The sample sent for analysis consited of approximately 55 kg. of material that was hand selected from two mineralized stockpiles within the Salvador property. The mineralization in the sample contained a mixture of sulphide and oxidized material with SGS reporting an average grade of 170.0 g/t Ag and 0.10 g/t Au. The tests returned recovery values of gold at 69% and silver at 47%.
SGS provided further recommendations to the Company for the purpose of improving the dissolution of silver:
• Run tests with smaller particle sizes;
• Perform diagnostic leaching to know whether there is occlusion of the Ag values in composites;
• Running tests with surface modifiers that allow oxides to float.
The Company's management team intends to review the results and the recommendations from SGS to determine the viability of continuing to advance the Zacatecas properties towards production.
Ian Foreman, P.Geo, is the company's Qualified Person as defined by National Instrument 43-101, who is responsible for monitoring the supervision and quality control of Silver Sun's exploration programs and who has reviewed and verified the technical information contained in this news release.
About Silver Sun Resource Corp.
Silver Sun is a Canadian-based resource company focused on the acquisition and exploration of precious metal deposits in Mexico. The Company is engaged in an on-going work program on the Zacatecas, Salvador and Mina San Jose properties, located within the prolific Zacatecas Silver District in Mexico. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects.
ON BEHALF OF THE BOARD OF DIRECTORS
"Mark A. McLeary"
President
Forward Looking Statements
The reader is cautioned that the potential quantity and grade of the regional exploration target is conceptual in nature; it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource and there is no guarantee that these resources, if delineated, will be economic or sufficient to support a commercial mining operation. The Company's production objectives are intended to provide an indication of management's current expectations and are still conceptual in nature. It is uncertain that it will be established that these resources will be converted into economically viable mining reserves. Until a feasibility study has been completed, there is no certainty that these objectives will be met.
This release may contain forward-looking statements including management's assessments of future plans and operations, and expectations of future production. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, the risks associated with the mining and exploration industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production and the uncertainty of the availability of capital). The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
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.
This is an undiscovered Mexican silver play with experienced management, a very very low float and market cap. of just C$1.5mil (See Ibox)
Awaiting news any day now for results from Metallurgical Test Program, expected to be available to the Company in approximately 8 weeks from pr date 3 Aug = early Oct.
PR;
Silver Sun Begins Metallurgical Test Program
Tuesday August 3, 3:01 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 3, 2010) - Silver Sun Resource Corp. ("Silver Sun" or "the Company") (TSX VENTURE:SSU - News) is pleased to announce that it has contracted SGS de Mexico S.A. de C.V to carry out metallurgical test-work on the mineralized stockpiles from the Company's Zacatecas properties.
The test program will consist of a Cyanide Leach Bottle-Roll Test to generate kinetic gold/silver extraction curves and to determine Sodium Cyanide and Lime consumptions. Further, two Flotation Tests will be performed on each sample to identify Primary Flotation, Scavenger Flotation and two cleaning stages. All concentrates will be analyzed for Au, Ag, Pb, Zn, Cu and Fe.
Results from the Metallurgical Test Program are expected to be available to the Company in approximately 8 weeks.
"This is the next critical step in our Company's goal towards production of our Zacatecas project," states Silver Sun's President, Mark McLeary. "Together with the property survey and average ore grades, the Company will have a measurable idea as to the value of its stockpile."
About Silver Sun Resource Corp.
Silver Sun is a Canadian-based resource company focused on the acquisition of precious base metal deposits in Mexico and North America. The Company is engaged in an on-going work program on the Zacatecas, Salvador and Mina San Jose properties, located within the prolific Zacatecas Silver District in Mexico. The Company is operated by an experienced management team with a growth strategy to develop a diversified portfolio of mining projects.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark A. McLeary, President
Forward Looking Statements
http://ca.us.biz.yahoo.com/ccn/100803/201008030626255001.html?.v=1
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SIlver Sun Resources
SSU - TSX Venture Exchange
SSUXF - OTBB - http://finance.yahoo.com/news/Silver-Sun-Now-Trading-OTCBB-bw-477750939.html?x=0
http://www.silversunresource.com/s/Home.asp
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition of base and precious metal deposits in North America and Mexico.
The company is operated by an exceptionally experienced management team with a growth strategy to develop a diversified portfolio of mining projects.
Silver Sun currently has a 73% interest in a Mexican silver mining project covering over 80.712 hectares.
The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
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Thank you for your interest in Silver Sun Resource Corp., a well-funded, early-stage junior mining company with near-term production potential.
Silver Sun has recently received approval on mining and environmental permits for their Zacatecas Silver project.
With a strong board a small market capitalization, management is optimistic about the future growth of the company.
A Strong Management Team & Partnerships:
A Tight Corporate Structure:
Share Structure as of January 15, 2011 | |
Outstanding: | 41,457,384 |
Escrowed: | 789,000 |
Management Options: | 2,050,000 (at $0.28) |
Share Structure as of November 30, 2011 | |
Outstanding: | 46,260,000 |
Escrowed: | 394,000 |
Management Options: | 3,000,000 |
Share Structure as of January 31, 2012 | |
Issued & Outstanding: | 46,760,000 |
Warrants: | 393,000 |
Stock Options: | 3,800,000 |
Fully Diluted: | 50,953,000 |
Significant Projects:
Zacatecas, Mexico www.silversunresource.com/s/Zacatecas.asp
Thank you for your time. If you have any questions please call me anytime,
Mark McLeary, President
778 840 7526
info@silversunresource.com
www.infomine.com/index/companies/SILVER_SUN_RESOURCE_CORP..html
Silver Sun Samples 1,768.6 g/t Silver Over 2.0m on Yoreme Acquisition
Dec 02, 2010 08:00 ET
Silver Sun Begins Metallurgical Test Program
Aug 03, 2010 03:16 ET
Silver Sun (TSX VENTURE:SSU) Receives Mining and Environmental Permitting Approval
Jun 30, 2010 03:01 ET
Silver Sun Announces Entry Into Option Agreement for the Acquisition of Up to 100% of Five Mineral Claims Located in Cariboo Mining District
Apr 22, 2010 00:05 ET
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