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NYBob

07/23/11 5:26 PM

#214 RE: Star Gazer #213

Attractive Assets in Two of the World’s Premier Silver Regions

Sunshine Silver’s principal assets are located in two of the world’s premier silver regions.
The Sunshine Mine property is located in
the Coeur d’Alene Mining District in Idaho,
which district is estimated to have produced over one billion
ounces of silver over the Mine’s 107-year history,

and
the Los Gatos Project is located in the Mexican Silver Belt,
the world’s largest silver producing region in 2010.
In addition to being located in premier silver regions,
both assets possess characteristics that differentiate them
from other silver projects:

Sunshine Mine Property




A prolific past-producing mine, once one of the largest silver
producers in the United States,
which is estimated to have produced a total
of over 365 million ounces of silver





One of the highest-grade known remaining primary-silver
discoveries worldwide, estimated to contain 1,991,169 tons
of mineralized material at an average silver grade
of 21.2 ounces per ton





Consolidated land position of approximately 2,247 hectares




Significant existing infrastructure, including a primary shaft
that is operational and being upgraded and refurbished,
and a secondary shaft that is being refurbished and access
to roads, power and water





Strong community support coupled with an experienced
and skilled workforce

Los Gatos Project




Control over an emerging silver region;
land position of 81,607 hectares




The identified Cerro Los Gatos and Esther zones, high-grade
mineralization occurrences that currently extend more
than 2,500 meters along strike, remain open at depth
and to the southeast




Widespread mineralization beyond the Cerro Los Gatos and
Esther zones, with 14 other priority targets

Reduced Operating Risks at Sunshine Mine Given Historical Production

Sunshine Silver believes that the significant historical production
at the Sunshine Mine, combined with the recent and
planned mine improvements, reduces the risk of
the project relative to other silver development projects.

The Sunshine Mine covers 171 hectares of surface rights,
and the Company estimates that the Mine contains
more than 160 kilometers of underground workings.
The underground workings consist of multiple levels developed
off the main production shaft, extending from the surface
to a depth of over 1,825 meters.


Since acquiring the Sunshine Mine, the Company has
acquired additional surface rights and improved
the existing infrastructure, repaired surface facilities
and equipment and completed a number of environmental,
health and safety upgrades.
The Company has added experienced and highly-trained
professionals to lead such improvements.


Significant Exploration Potential for Additional Silver Resources

Sunshine Silver believes it has substantial opportunities
to define additional mineral resources through
continued exploration of its properties:




Sunshine Mine: Sunshine Silver has rights to approximately 2,247 hectares
of exploration ground at the Sunshine Mine property.
The property has numerous well-defined exploration targets,
many of which
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sanbrunobaby

08/21/11 8:27 AM

#219 RE: Star Gazer #213

Ray De Motte (ex CEO) and Mike Maclean (ex mine manager )had mine in production in late 2007. It was new management in 2008 (Jim Meek,Roger Van Voorhees)that ran company into the ground by 2009. Now Sunshine Silver can build on what Sterling did pre-2008,but that will require some rehabilitation and cleaning up any property-type issues.

Big potential profit with silver at $40. Under De Motte Sterling had a 1000% return in 5 years !

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NYBob

08/22/11 10:57 PM

#220 RE: Star Gazer #213

Any more info please, let us know -
TIA