Shoshone Silver Mining (OTCBB:SHSH) is pleased to announce that it has added 180 acres of new claims to its Lakeview District holdings. Shoshone now controls over 1100 acres in the District, which includes the Conjecture, Idaho Lakeview, Weber and Keep Cool Mines. The Lakeview District, located in Bonner County, Idaho, approximately 35 miles north of the Silver Valley, hosts a geology and mineralization similar to that found in the Silver Valley.
The new claims are adjacent to Shoshone’s Conjecture Mine on a northeast extension of the Conjecture shear known as the Silver Leaf. Historic assay results obtained from Sunshine Mining and Refining Company, a prior operator of the Conjecture Mine, indicate that some of the highest silver values at the Conjecture site were found in this region.
Current and Future Lakeview Operations
Shoshone reopened its Lakeview Mill in September when it began processing previously mined and stockpiled ore. Upgrades to the building housing the mill are ongoing and will continue throughout the winter. Shoshone expects to begin limited production from its Weber Mine in spring, 2008. Concurrent with mining at the Weber, Shoshone plans to conduct a cohesive exploration program in the Lakeview District.
About Shoshone Silver Mining
Founded in 1969 as a silver exploration, development and production company, Shoshone maintains a diverse portfolio of mineral exploration projects across the western United States and Mexico, including its late stage exploration Bilbao project in Zacatecas, Mexico. Shoshone stock trades on the Over the Counter Bulletin Board under the symbol "SHSH."
For further information, please visit the company’s website at www.shoshonesilvermining.com.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.