| Sunshine / Chester Project |
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Sunshine / Chester |
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Country |
USA
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Province |
Idaho |
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Close to |
Wallace |
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Status |
MINE DEVELOPMENT
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Mining Trend |
Silver Valley |
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Surface |
0 km² / 100 acres |
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Legends
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| Risk and valuation analysis of the Sunshine / Chester Project |
| Status Risk : Mine development |
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| Title(s) of the Sunshine / Chester Project |
 | 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 Chester and Bismark claim groups pursuant to a 25-year lease, renewable for an additional 25 years. The lease, which expires in 2029, requires the annual payment of 50,000 shares of common stock, a $7,200 annual advance royalty
payable in monthly installments, and a 4% Net Smelter Return. There are no work obligations under the lease. |
 | Chester Mining Company
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Sunshine / Chester Project |
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The Chester property consists of a 100-acre parcel, completely surrounded by the Sunshine Mine property and less than one mile east of its Jewell Shaft.
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| History of the Sunshine / Chester Project |
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Since 1900 Chester Mining has been in the area, and is now in it's second century. Chester Mining Company for years paid dividends derived from it's profit percentage of silver produced from the Chester property area.
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| Discoveries and Drilling Results | |
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Data last updated on : 8/28/2007
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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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