| Sunshine / Mineral Mountain |
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Sunshine / Mineral Mountain |
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Country |
USA
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Province |
Idaho |
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Close to |
Wallace |
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Status |
LAND HOLDING
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Mining Trend |
Silver Valley |
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Surface |
0 km² / 46 acres |
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Latitude / Longitude |
47 N 30 / 116 W 02 |
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Legends
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| Risk and valuation analysis of the Sunshine / Mineral Mountain |
| Status Risk : Land holding |
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| Title(s) of the Sunshine / Mineral Mountain |
 | Sterling Mining Co.
Leaser: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| In 2004, Sterling leased the Mineral Mountain claim groups pursuant to a 25-year lease, renewable for an additional 25 years. The lease, which expires in 2029, required the issuance to the lessor of 30,000 shares of the Company’s common stock, and pr more... |
 | Mineral Mountain Mining and Milling Cy
Owner: 33.3% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| In mid-2003, Mineral Mountain leased its property to Sterling Mining Company on a 25 year exploration and production lease. In addition to receiving 25,000 shares of Sterling stock, Mineral Mountain receives a $3,600/year royalty and has retained a 3 more... |
 | Chester Mining Company
Owner: 30% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Sunshine / Mineral Mountain |
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Mineral Mountain is the owner of an undivided one-third interest in the "Mineral Mountain Area" near Osburn, Idaho, and consisting of the four original Mineral Mountain patented lode mining claims together with those portions of six Chester and three Polaris claims, 300 feet north of the center of the Chester Vein on the Polaris Fault
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| History of the Sunshine / Mineral Mountain |
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The Mineral Mountain Mine consists of a 500 foot drift that explores the Mineral Mountain vein. There is no record of production from the original Mineral Mountain Mine. Exploration drifts from the ConSil Mine explored beneath the Mineral Mountain pr more...
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| Geology of the Sunshine / Mineral Mountain |
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The Mineral Mountain property straddles the Polaris Fault, which hosts the silver deposits are currently being exploited in the nearby Galena Mine. Much of the property is underlain by belt rocks of the St. Regis and lower Wallace rocks, consisting of quartzites and argillites. It is these quartzite units that host many of the silver veins in the silver valley.
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Data last updated on : 9/17/2007
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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