HL is up a quarter today. SLW is up 50 cents. WHY WON'T THIS ONE MOVE UP WHEN SILVER GOES UP??
April 9, 2009 --Toronto, Ontario -- U.S. Silver Corporation (USA.--TSXV) ("U.S. Silver" or the "Company"), is pleased to announce that during the first quarter of 2009 the Galena mine continued the improved production demonstrated in December, 2008. Silver production for the quarter was 634,791 ounces and exceeded 200,000 ounces in each of the first three months of 2009. Lead production was 1,057,600 lbs. and copper production in the quarter was 301,120 lbs.
Thomas Parker, President and Chief Executive Officer of U.S. Silver, stated "We are very pleased with the effort our work force made during 2008 in exploring and developing new areas for production, allowing the Company to report an increase in ore reserves and, at the same time, significantly increase silver production in Q1, 2009. We have made significant improvements since taking over the Galena Mine complex and are optimistic about the opportunities ahead."
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