SILVER (Ag) PRODUCERS

[NYBob]

Expected to Become World’s Largest Pure Silver Mine -
February 12, 2008 - 8:57 AM EST

Coeur d’Alene Mines Corporation -
(NYSE:CDE) (TSX:CDM) (ASX:CXC) announced toay that it has
begun pre-commissioning activities at its -
San Bartolomé silver mine -
which is expected to produce over ten million ounces of silver
during its first twelve months of full-scale operations.

Total proven and probable reserves of more that 150 million
ounces of silver are contained in surface gravel deposits,
or pallacos, which lend themselves to simple,
low-tech surface-mining techniques.

Of the several pallaco deposits which are controlled by Coeur
and surround Cerro Rico mountain, three are of
primary importance and are known as
Huacajchi, Diablo (consisting of Diablo Norte, and Diablo
Este) and Santa Rita.

The facilities will be located near established industrial
infrastructure in the historically silver-rich area of
Potosí, Bolivia, where more than two billion ounces of silver
have been mined.

The building of the new mine is expected to generate as
many as 1,000 local jobs during construction,
and approximately 200 full-time jobs during operations.

The project will also establish a foundation, called Fundespo,
to assist in the development of new local industries,
such as silversmithing and tourism etc. -

Cerro Rico - "I am rich Potosi -
Treasure of the world -
The king of all mountains -
And the envy of all kings" -
Legend on 16th-century Potosi -

Its about 1000 feet lower today -
than it used to be before the mining -
Ex....
It has more than 1000 mines adits -
many of them been covered up by 1000 yrs -
of mining (National Geog.) waste piles cover -
many of the original mine portals -

CDE taking the still rich in Silver waste piles -
Cerro Rico will be able to more breath, fresh air,
more ventilation etc. -

It may be to good help for the FMNJ miners and turists -
inside the Cerro Rico -
the bottom line is -
Cerro Rico Silver Mines -

CDE - has move in on Cerro Rico -
the right thing is to remove the wastepiles -
since 1000's of years mining -
the waste piles may cover up the lower rich portals -
to Cerro Rico deeper rich chambers -

Spaniards been into them but not since covered by
the waste piles? -

http://www.coeur.com/dev_sanbartolome.html

CDE - may have an eye to FMNJ -
and the old rich veins -
in Cerro Rico -





Minting machine on second level, gears turned and coins
minted by horses pulling pulleys in room below.

At least at the Casa Real de Moneda (house of money),
the former Spanish mint that was in operation -
from 1753 until the 1950's -
and takes up an entire block in the center of Potosi,
a sign posted fixed prices regardless of gender
or nationality.

This building is packed with history as it was one large
mint in Latin America that minted coins for the Crown
and Spain.

The building is quite the fortress with walls
more than 3 feet thick.

At one time it served as a prison and a base for
the Bolivian Army.

But walking through the maze of rooms and guided through
the fully restored building we see and experience
the equipment used to mint coins by hand,
by horse drawn pulleys do modern machines shipped here
from Ohio and New Jersey.

But the biggest irony of the whole mining and minting
experience lies in where Bolivia's coins are minted today?
Take a guess?
For more than a hundred years coins for Spain were minted
here In Potosi Bolivia.

Today, the Bolivian coins are minted in Spain --
very few is minted in Bolivia.

A monument to this affect greets visitors as they enter
the city near the Plaza de San Francisco.

It's understandable and visible that this city once heralded
in riches, culture and architecture -
Today it's trying to hold on -

Franklin Mining has got a neighbour CDE -
a very good great silver mining neighbour -

history repeat itself -

Potosi will be rich again -

FMNJ hold agreements for a silver mining operation
at Cerro Rico de Potosi -
dd....
http://www.franklinminng.com
Imo. Tia.

God Bless America

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