Silver Sun Res vor 300% run
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VANCOUVER, British Columbia--(BUSINESS WIRE)--Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to announce that it has closed the Definitive Agreement for the purchase of a 51% interest in the Cherry Hill Mining Company, located in Siskiyou County, northern California, whose key asset is the past producing, Cherry Hill Gold Mine.
“continuous production along veins with repeated ore grades of 1 ounce gold per ton”
.In consideration for the 51% interest in the project, the Company agreed to pay $555,000 (U.S.) to Cherry Hill. The Cherry Hill Mine is fully permitted and consists of a high grade underground quartz lode mine that is located on a claim block consisting of six unpatented mining claims. The Cherry Hill purchase includes one mill site claim including a 750 ton per month gravity circuit mill with all machinery and equipment.
An experienced mine crew have been hired and work on Cherry Hill is expected to start immediately. Priority will be given to opening the 5 portals at Cherry Hill and to rehabilitate the workings so as the Mine can be brought to Mine Safety and Health Administration (MSHA) standards in anticipation of production.
The Property is approximately 125 acres located in the Klamath National Forest in Siskiyou County, California, approximately 8 miles from Yreka. Cherry Hill has completed a substantial amount of development work in the mine. Gold was recovered by gravity with the sulphide concentrates sent to Nevada for processing. In January 2009, Cherry Hill contracted Robert L. Hill, CA Reg. Geologist #3386, to provide an assessment report on the property. His report stated historical production data from the California State Mining Bureau in Jan. 1925, “continuous production along veins with repeated ore grades of 1 ounce gold per ton” (32g/t Au). Further, historical production results from the California Journal of Mines and Geology stated recoveries from the Property at 2.4 ounces gold per ton (76.80 g/t Au).
http://www.businesswire.com/news/home/...-Agreement-Majority-Interest
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Wertpapier: Golden Sun Mining |
April 20, 2011 07:26 PM Eastern Daylight Time
VANCOUVER, British Columbia--(BUSINESS WIRE)--Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to provide an update on their Zacatecas, El Salvador and La Mina San Jose properties in the state of Zacatecas, Mexico, through their wholly owned subsidiary, Minera Plata del Sol, SA de CV.
“Having both the University of Zacatecas and the Ministry supporting our project, I believe, is a first for a Canadian public company and gives us greater assurance that our project may run efficiently with minimal risk to the Company and its shareholders”
.The Company has formed a relationship the Autonomous University of Zacatecas (“UAZ”), in particular, Jose de Jesus Fernandez, a director of the Academic Unit of Earth Sciences at UAZ for the start of a pilot program for the implementation, execution and optimization of a precious metals extraction process of the Company’s mineralized stockpiles. The UAZ is conducting their own metallurgical testing in order to determine which process will give maximum recovery. With the support of the Ministry of Economic Development, Zacatecas, a local concentrating plant will be chosen to run a pilot test for 50 to 100 tonnes of the mineralized stockpiles.
“Having both the University of Zacatecas and the Ministry supporting our project, I believe, is a first for a Canadian public company and gives us greater assurance that our project may run efficiently with minimal risk to the Company and its shareholders,” stated Mark McLeary, President of Silver Sun.
About Silver Sun Resource Corp.
Silver Sun is a Canadian-based resource company focused on the acquisition and exploration of precious metal deposits in Mexico and the United States. The Company is engaged in an on-going work program on the Zacatecas, Salvador and Mina San Jose properties, located within the prolific Zacatecas Silver District in Mexico as well as its newly acquired Yoreme project in the mining District of Alamos, state of Sonora, Mexico. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects.
Ian Foreman, P.Geo, of Foremost Geological Consulting is the Company’s Qualified Person as defined by National Instrument 43-101, and is responsible for monitoring the supervision and quality control of Silver Sun’s exploration programs.
ON BEHALF OF THE BOARD OF DIRECTORS
“Mark A. McLeary”
President
http://www.businesswire.com/news/home/...ate-Zacatecas-Mexico-Project
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Wertpapier: Golden Sun Mining |
Jetzt ist die Aktie ein echter Tipp! Habe gerade noch einmal aufgestockt. :-)
In wenigen Tagen könnte SSU demnach zum Produzenten aufsteigen. Was das für den Aktienkurs bedeutet, sieht man gerade bei Alcyone.
abhören, habe ich entliehen von boersentrader2 aus dem WO Forum.
http://www.rottmeyer.de/metallwoche-extra-schlachtfest-im-silbermarkt/
http://www.wallstreet-online.de/diskussion/...e-nacht#neuster_beitrag
mfg und good luck
Arriba1
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Wertpapier: Golden Sun Mining |
Silver Sun Provides Update on Cherry Hill Gold Mine
VANCOUVER, British Columbia--(BUSINESS WIRE)--Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to announce that it has formed a wholly owned U.S. subsidiary, Golden Sun LLC, as well as Cherry Hill Holdings LLC and Luckyboy Resources LLC which will function as the Joint Venture operating companies.
“Having now been underground, we have a much better understanding of the nature of the Queen Vein and where we will have immediate access to blocked out ore”
.The Company received approval from the United States Forest Service (USFS) to continue with the current Plan of Operations, which is valid until the year 2015 using the permits and licenses that are currently in place. Once production resumes at Cherry Hill, the Company plans to apply to the USFS to broaden the Plan of Operations at Cherry Hill to include the entire property for which a full Environmental Assessment will be required.
The Company has contracted an experienced team of miners, some who have previously worked at Cherry Hill, and the main portal is now open and the workings are being readied for production to re-commence.
Company management was recently on site with Robert L. Hill, CA Reg. Geologist #3386, who was instrumental in interpreting the structural geology of the Cherry Hill Mine. The mine is centered on the Queen Vein, which has a known strike length of 1200 feet. The eastern portion of the vein has been mined out above level 3 (4450 feet) but remains open to depth. The Company will start mining from the existing 2 year old workings that access the Queen Vein from the west on level 4 (4360 feet) where ore has been blocked out between the 3rd and 4th levels.
“Having now been underground, we have a much better understanding of the nature of the Queen Vein and where we will have immediate access to blocked out ore,” stated president Mark McLeary.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development of precious metal deposits in North America. The Company is engaged in an on-going work programme on the Zacatecas, Salvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken to production in the near-term. The company's design is to add shareholder value through efficient exploration, strategic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound financial management.
Ian Foreman, P.Geo, is the Company’s Qualified Person as defined by National Instrument 43-101, and is responsible for monitoring the supervision and quality control of Silver Sun’s exploration programs and has not verified the historical data contained herein.
http://www.businesswire.com/news/home/...-Sun-Update-Cherry-Hill-Gold
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Wertpapier: Golden Sun Mining |
So Leute, es geht los bei Silver Sun mit der Produktion.
Auf meine E-Mail hat Mark McLeary erklärt, dass die Produktion am 31.05.2011 startet:
"Yes, we have a number of significant people attending the mine beginning
on May 31st including German analysts. Thank you for your interest in
Silver Sun.
Mark McLeary, President & CEO"
Die Woche wird grün :)! Viel Erfolg allen Investierten.
geht rasant auf die 0,50 zu. Bei neuer Meldung, die noch diese Woche kommen soll, gibt es dann kein Halt mehr.
Sollte doch jetzt eigentlich bald soweit sein das die Cherry Hill Mine in Betrieb geht.