Print Print article 

30 March 2010


Shoshone Silver/Gold signs silver concentrates contract

Source: Press Release

Shoshone Silver/Gold Mining Company announced that it has signed a 2010 contract for its silver concentrates produced at Shoshone's Lakeview Mill in northern Idaho. The shipment containing silver/gold/lead/zinc concentrates will be shipped to the smelter in early April.

With the return of favourable metals prices, Shoshone has aggressively pursued the transition back from being an exploration company to being a silver and gold producing company once more. This shipment of metals concentrates produced at the Lakeview Mill marks a milestone for Shoshone and it signals Shoshone's re-emergence as a production company after a long hiatus.

"With the Lakeview Mill back into silver production, Shoshone can now shift its focus to bringing the company's 120 ton per day onsite mill near its Rescue Gold Mine back into gold production," stated Shoshone's President, Lex Smith.

Shoshone plans to concentrate its efforts this year on its Rescue Mine project, while at the same time it will be making silver concentrates at its Lakeview mill from stockpiled ore. There is enough stockpiled ore, some of it already crushed, to feed the mill at least through the end of the summer of 2010.