Mining, pinks/otc-bb

[MrMxyzptlk]

Is there water in SRLM's mines?

David Bond takes TA specialist concerning rumors of water in old Sunshine mines leased by Sterling:

Sterling Is Leaking, But Where?

http://www.silverminers .com/publications/showpub.aspx?id=618

Maund's reply on his website:

Sterling Mining controversy...

http://www.clivemaund .com/article.php?art_id=597

Ahhh, but interesting newsletter from the State of Idaho's Department of Labor:

Panhandle newsletter (August 2003) - IDAHO DEPARTMENT OF LABOR


http://cl.idaho .gov/lmi/pubs/idempnews/archived/iepancuraug3.pdf

From the second page, last paragraph:

Sterling Mining, a 100-year-old company based in Coeur d’Alene, acquired a 15-year lease on the Sun-shine Mine near Kellogg in June. It is exploring the possibility of reopening the mine that employed 260 people before it closed in February 2001. American Reclamation Inc., a Nevada firm that buys inactive mines then determines whether to reopen them or sell their equipment, purchased the mine in Febru-ary from bankrupt Sunshine Mining. Then, it decided to lease the mine to Sterling. The Sunshine was North America’s richest silver mine, producing over 350 million ounces of silver from 1884 until 2001. It extends over 100 miles of tunnels. The Sunshine’s lower depths now are flooded; when the mine closed, the enormous pumps that kept water out of the mine were turned off because running them is so expensive. The flooding will make it ex-tremely expensive to bring the mine back to full pro-duction. At this time, Sterling is evaluating the feasibility of returning the Sunshine to limited produc-tion. In July, Sterling hired a few people to conduct the feasibility study and to maintain the mine property.