VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 22, 2009) - SNS Silver Corporation ("SNS" or the "Company") (TSX VENTURE:SNS) continues to advance the Crescent Mine (Silver Valley, Idaho) towards production. Resource development costs and scheduling are nearly complete with metallurgical research currently underway. Custom milling opportunities for Crescent ore are currently being investigated with several local mining companies. Historical milling information of Crescent ores, along with recent metallurgical test data, will provide useful information as to the future processing requirements.
David Greenway, President and CEO of SNS Silver, said:
"The Crescent is a hidden gem. We have proven production and exploration targets and feel it is in our best interest to advance the Crescent Mine towards production. It is unfortunate that we were unable to save the Sunshine but there are other mills available in the valley and our focus has to be clear."
Overview of Exploration (Highlights) at the Crescent Mine
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South Vein Intercepts Alhambra vein
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SNS-403: 10 ft of 56 opt SNS-502: 6.2 ft of 41.2 opt
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SNS-305a: 6.8 ft of 42.1 opt SNS-604: 6.2 ft of 16.4 opt
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SNS-310: 5.6 ft of 25.3 opt SNS-1107: 4.9 ft of 20.6 opt
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SNS-1006: 6.3 ft of 21.1 opt
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SNS-307: 5.1 ft of 21.6 opt
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SNS-1002: 7.0 ft of 17.6 opt
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H-304: 7.8 ft of 11 opt
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Upon purchasing the Crescent Mine in 2006, SNS Silver's geological team identified a potential ore body above the main haulage level. An exploration program was designed to test these theories and a surface drill program was conducted in 2007 - 2008. The primary drill targets were two nearly parallel mineralized structures approximately 800 feet apart; an extension of the Alhambra vein and South vein. The Alhambra vein system is responsible for most of the historic 26 million ounces produced at the mine.
