401 BAY STREET, SUITE 2702
TORONTO
Ontario
Canada,
M5H 2Y4
Phone: +1 416 848-0858
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Company SummaryUS Silver Corp (TSX.V, symbol USA) owns and operates the Galena Mine in the historic Silver Valley of North Idaho. The Galena Mine and Mill, along with the Coeur Mine and Mill and the Caladay Project, were acquired from Coeur d'Alene Mines Corp (NYSE-CDE) on June 1, 2006. A total of 11,000 acres of patented and unpatented mining claims, along with surface facilities and equipment, were acquired for $15 million.
Company NewsThursday, October 08, 2009 U.S. Silver announced the 3rd quarter production for the Galena mine was 558,071 oz of silver compared to 518,058 ounces for the same period in 2008. Copper production in the quarter totaled 268,781 lbs. while lead production totaled 1,092,864 lbs. Production was impacted during the third quarter by lower than forecast head grades from the 2400 level work areas and installation and remediation of underground support. These events prevented mining from three higher-grade stopes for approximately two weeks. Silver production through the first 3 quarters of 2009 totals 1,776,315 ounces compared to 1,226,233 ounces during the same period of 2008, an increase of 550,082 ounces of silver or 45%. News ReleasesThursday, October 22, 2009 Thursday, October 08, 2009 Wednesday, August 26, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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