SILVER (Ag) PRODUCERS

[NYBob]

U.S. SILVER CORPORATION's - Agenda -



U.S. Silver Corporation's plan to reopen the Coeur Silver Mine -
in Osburn -





The Coeur Silver & Copper Mine -


An investment in the valley
Posted: Thursday, October 7, 2010 9:52 am
By NICOLE NOLAN
Staff writer

WALLACE - Seating was filled in the back room of the 1313 Club
as community members gathered over breakfast to hear about
U.S. Silver Corporation's plan to reopen the Coeur mine in Osburn.

U.S. Silver Corp. President and CEO Tom Parker made an appearance in
the Silver Valley as the guest speaker during the
Historic Wallace Chamber of Commerce's monthly breakfast.
*

"We're excited to get started," Parker declared of the company's plans
to return the Coeur mine to its former status as an active,
silver-producing mine.
"It should be a fun time."

Recently, $7 million in Canadian dollars was raised by U.S. Silver
Corp., which will in turn be invested to repair infrastructure
and stock the mine with the necessary manpower and equipment
in preparation for long-term operations.
Over the span of 2 to 2-1/2 years, $5 million will be spent on
the Coeur mine as the company mines known resource blocks.

"The intent is to, in the sixth month, produce silver,"
Parker explained.

The reopening of the Coeur mine is also expected to open 30
to 35 mining jobs.
According to Parker, stope miners within the U.S. Silver Corp.
generally make from $75,000 to $85,000 per year.
They are looking for local hires, and will also be hiring
Silver Valley miners who had moved away for work and have
expressed a desire to return.

The bottom level of the mine sits at the 3900 level.
There will be some mechanized mining at the 2800 and 3900 levels,
but Parker said that the mining will mostly involve jacklegs
and slushers, similar to their Galena mine operations.

"It's safe to say this won't be easy," Parker said.
"These are not virgin stopes."

Seven new raises will be run, which is a time consuming operation.
Parker said that a good miner can run six feet in three days.

"We are at a whole different silver environment with pricing,"
Parker admitted, explaining the timing of the reopening of
the Coeur mine.

Exploration in the near future will include a full-time diamond
drill and an annual budget of $600,000.

"The Caladay mine is something we'll explore in the future,"
Parker said, adding that they hope to continue operations at
the Galena mine and get the Coeur mine up and running first.

"We're not going into this thinking we'll be here only three years,"
Parker declared.
The known resource blocks are expected to give three years of
production to the mine, but with exploration they expect
the Coeur mine to remain productive for a longer period of time.

Output at the Coeur mine is expected to reach close to 50,000 ounces

of silver and 50,000 pounds of copper a year after the start of

the project, which is scheduled to kick off the first of 2011.

Parker said that no expansion of their two mills will be necessary
as the Coeur mine begins producing.
They currently process 1,000 tons each day, and have a capacity
for 1,400 tons per day between the mills.
All the required permits to run the Coeur mine have also
already been obtained.

Historically the Coeur mine has produced 14 ounces of silver per ton.

"We think the company has a good future, we have no doubt,"
Parker added.
--


The Coeur Silver & Copper Mine -

Ag Rich Beauty Producer we get re-commissioned
for fiat$5mil

- would cost about fiat>$200mil
to develop from grass-root for an exploration company
if they ever would be lucky to
find anything near as rich very unlikely?

The Coeur Silver & Copper Mine -
produced from 1969-1998.

The total production was 39 million ounces of silver

and 33 million pounds of copper from 2.4 million tons of ore.

Average ore grades were 16.6 ounces per ton silver
and 0.72% copper.

The company decided in 2007 to reactivate the Coeur mill
to process lead-silver ore produced at the Galena mine.

To achieve this, the company rehabilitated the 3400 level of

the Coeur mine (the 3700 level of the Galena mine) haulage way

connecting the Galena mine to the Coeur shaft,

a distance of about 1.5 miles.

The reconditioning involved ground support and installing
new rail and utilities as well as moving the primary
ventilation fans.

The mill was also reconditioned and commissioned in early
September, 2007.

The mill ran until January, 2009 when it was placed
on care and maintanence after the second circuit in
the Galena mill was activated.

The Company is examining the possibility of reactivating the
Coeur mine to access some of the mineralized zones of
silver-copper ore that were left when the mine was shut down
in 1998.

While the Coeur mine would not supply sufficient feed to fill
the Coeur mill until significant exploration and development
work has been done, a combination of the Coeur mine and
additional ore from the Galena mine could fill
the Coeur mill.

The Company overall objective is to utilize
the Coeur mine and mill in a manner to enhance the Company's profitability -

The Coeur d’Alene Mining District
leads the world in recorded silver production -

Since lode mining began here in 1884, the mines have produced over :

* 1.2 billion ounces of silver
* 8.5 million tons of lead
* 3.2 million tons of zinc
* ..and substantial amounts of gold, copper, antimony and cadmium.



http://www.us-silver.com/i/pdf/2010_Denver_Gold_Handout.pdf

USSIF / USA has a long hike back UP to a more fair share price -


e.g.,
.. the investors who bought the IPO shares -
.. they listen to the banks brokers promo -
.. and their investment is down a lot -
.. would like to see USSIF in a more fair share price
.. to give back the confidence for a LT good return for the old-.
.. timers who got USSIF up running in the first case
.. they are well worthy and should be honored to see >$3.-/sh
.. USSIF is a steal at this low bargain prices -
.. way to undervalued and oversold -
.. the low prices makes it a shame for the whole mining industry -
.. in the US silver mining -

Sprott Securities, $6mil investment
at the right place at the right time
well looking for >10 bagger
and they are pretty good at finding -
the golden treasure chest bargains -

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54277558

Got PM's Ag USA/USSIF silver mine penny play
great profitable silver mines dd.. ..

http://www.us-silver.com

http://www.us-silver.com/s/Projects.asp

http://www.us-silver.com/s/PhotoGallery.asp

http://www.us-silver.com/i/pdf/CP_Jan2010.pdf

The historic mining town of Wallace
(population 960) is nestled beneath Interstate 90,
halfway between two ski and recreation areas
in northern Idaho's beautiful Silver Valley.

http://wallace-id.com/

Sierra Silver Mine Tour -

http://silverminetour.org/

USSIF/USA's agenda priority should be to establish the
control of at least 51% of the outst. shares -

USSIF/USA's shareholder we should all be encouraging the company
to look at buying shares back and all the way up -
while the silver Ag price is below $30 per ounce -
and the USA/USSIF share are undervalued and oversold -
its a great opportunity of USSIF below -
a fiat$/sh to start the buy back -

"U. S. Silver
generates 6% of U.S. silver production from its
Galena Mine and Mill.
The company's holdings are a combination of fee land,
patented mining claims, mining claims and mining leases.
As of 2010, it is profitable, carries no debt and produces silver
at an average cost of $11.50/oz.
With completion of rehab efforts/opening of the Galena shaft,
the company can now move ore from two shafts.
Two distinct ore combinations are present—a lead/silver ore and
a silver/copper ore. . .With both shafts now operating,
the company expects to produce 3.3 Moz. Ag (not silver-equivalent)
in 2011.
Current production is running at about 2.7 Moz. annualized."
David Morgan, Morgan Report (07/06/10)

Got your Christmas Ag Gifts early for LT safety bargain ~<
thank you for reading it