Articles & Blogs - Commentary

SNS Silver Corporation

(SNS-V C$ 0.21)                                                  

SNS Silver Corp has 100% ownership of the Crescent Mine, located in the Coeur D' Alene District, Idaho's Silver Valley.

Historically, there was 1.1 billion ounces of past silver production in this district, with 25 million oz's of that past-production averaging 27.3 ozs of silver per ton. SNS property lies between two world-class silver producers. 

The Company currently has $10 million cash in the Bank, and 12% of its shares are owned by Silver Wheaton.

SNS Silver recently entered a "Letter of Intent" (LOI) for two Central Idaho Gold Projects on March 3, 2009 to jointly develop and explore two Central Idaho Gold Projects, Buffalo Gulch and the Friday/Petsite property.

Buffalo Gulch, is currently being permitted for production. The property is an open-pit heap leach project with 100,000 oz Au (Non 43-101). Projected production on this project is 25,000 oz Au/year – 35,000 oz Au/year. 

Premium’s Friday-Petsite property is a 531,890 Au oz Inferred Resource (NI 43-101) on the southern-end of the Shear Zone and is open along strike and at depth. 

Shares outstanding:  40,557,298

Fully Diluted:            55,588,045

SNS Silver News Release:

http://www.snssilver.com/investors/latestnews.htm

http://www.snssilver.com/investors/latestnews.htm

Jay Taylor on SNS Silver:

http://www.kereport.com/videos/SNS/1.html