TSX-V Trading Symbol: SNS
VANCOUVER, May 28 /CNW/ - SNS Silver Corp (TSX-V: SNS) is pleased to announce that Jesse Bird has joined SNS Silver's geology staff as the company proceeds with its aggressive exploration strategy at the historic Crescent Mine in Kellogg, Idaho.
Mr. Bird is a 2006 graduate of the University of Idaho with a B.Sc in Geology and since 2004 has been a Geological Cartographer and GIS Assistant to the Idaho Geological Survey.
Mr. Neil Linder, President and CEO, states: "Jesse focused much of his undergraduate study on the Revett Formation as it runs through the Silver Belt, of which the Crescent Mine is a central part. He will be reporting directly to Brian White, our chief geologist, and assisting him with matters pertaining to geologic mapping of the structures, which we believe look most promising as hosts to silver-bearing veins in the Crescent's upper country."
"We are delighted to welcome him aboard and believe his expertise with our specific geology will make a great contribution to Brian White's efforts to locate more silver in the Crescent than its previous owners," Linder added.
Mr. Bird authored a report on the silver district during his studies entitled, "The Noxon Arch: Thickness of the Revett Formation throughout northern Idaho and western Montana," and co-authored "Late Cretaceous and Tertiary structure of the western Idaho and Orofino shear zones." He is a member of the American Association of Petroleum Geologists and the Geological Society of America. His office is located at the Crescent Mine main office building a few hundred feet from the Hooper Tunnel portal.
SNS Silver Corp. owns 100% of the Crescent Mine in the Coeur d'Alene mining district. The Crescent Mine is a historic high-grade silver producer. From 1917-1982 the property produced 25 million ounces of silver at an average grade of 27.3 ounces per ton. Prior to its last shut down in the 80's, previous operators of the Crescent Mine reported over 9 million ounces of silver resources at an average grade of 18 ounces per ton. The property lies between two world-class silver producers: the Sunshine mine which has produced more than 300 million ounces of silver and the Bunker Hill mine, which has produced over 150 million ounces of silver. The Coeur d'Alene district is the only known mining district in North America to have produced over 1 billion ounces of silver. SNS Silver (SNS) trades on the TSX-V under the symbol SNS. The Company has approximately 29.2 million shares outstanding and approximately $9.0 million cash on hand.
All resource estimates quoted herein are based on data and reports obtained and prepared by previous operators. The Company has not completed the work necessary to independently verify the classification of the mineral resource estimates and is not treating the mineral resource estimates as National Instrument 43-101 defined resources verified by a qualified person. The historical estimates should not be relied upon. The Crescent Mine will require considerable further evaluation, which the Company's management and consultants are in the process of completing.
The TSX Venture Exchange has not reviewed and does not accept the
responsibility for the adequacy or accuracy of this news release.
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