Business
SNS Silver Corp Files 43-101
SNS Silver Corp Files 43-101.
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[{"type":"text","content":"\n\n\n\nVANCOUVER, April 5 /CNW/ - SNS Silver Corp has filed their National\nInstrument 43-101 "Technical Report on the Crescent Mine" written by Marvin A.\nMitchell, P.Eng. The 43-101 can be viewed under the SEDAR (www.sedar.com).\n\n\nSNS Silver Corp owns 100% of the Crescent Mine in the Coeur d'Alene\nmining district. The Crescent Mine is a historic high-grade silver producer.\nFrom 1917-1982 the property produced 25 million ounces of Silver at an average\ngrade of 27.3 ounces per ton. Prior to its last shut down in the 80's,\nprevious operators of the Crescent Mine reported over 9 million ounces of\nsilver resources at an average grade of 18 ounces per ton.\n\n\nThe property lies between two world-class silver producers, the Sunshine\nMine, which has produced more than 300 million ounces of silver, and the\nBunker Hill Mine, which has produced over 150 million ounces of Silver. The\nCoeur d'Alene district is the only known mining district in North America to\nhave produced over 1 billion ounces of silver.\n\n\nSNS Silver Corp (SNS) trades on the TSX-V under the symbol SNS. The\nCompany has approximately 28.5 million shares outstanding and cash on deposit\nof $9,100,000.\n\n\nAll resource estimates quoted herein are based on data and reports\nobtained and prepared by previous operators. The Company has not completed the\nwork necessary to independently verify the classification of the mineral\nresource estimates and is not treating the mineral resource estimates as\nNational Instrument 43- 101 defined resources verified by a qualified person.\nThe historical estimates should not be relied upon. The Crescent Mine will\nrequire considerable further evaluation, which the Company's management and\nconsultants are in the process of completing. The TSX Venture Exchange has not\nreviewed and does not accept the responsibility for the adequacy or accuracy\nof this news release.\n\n\n%SEDAR: 00009233E\n\n\n","length":1985,"tagName":"div"}]