Conjecture Mine / Lakeview |
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Conjecture Mine / Lakeview |
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Country |
USA
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Province |
Idaho |
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Close to |
Coeur d'alene mining district |
Status |
PAST PRODUCER
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Mining Trend |
Silver Valley |
Surface |
1 km² / 240 acres |
Number of claims |
240 |
Latitude / Longitude |
47 N 55 / 116 W 25 |
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Legends
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Risk and valuation analysis of the Conjecture Mine / Lakeview |
Status Risk : Past producer |
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Title(s) of the Conjecture Mine / Lakeview |
| Chester Mining Company Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Chester Mining Company has leased its Conjecture Mine, located in Bonner County, Idaho, to Shoshone Mining Company (OTC: SHSH). Terms of the 25-year lease include payment of a $3000 per year advance royalty, a sliding scale net smelter return based on the spot price of silver, one million shares of Shoshone common stock and one hundred thousand shares per year following. |
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Location of the Conjecture Mine / Lakeview |
The Conjecture Mine is located in the Lakeview Mining District of Idaho, some 30 miles to the northwest of the Coeur d'Alene mining district. The rock groups of the Lakeview District are the same Precambrian belt series associated with the world-class silver deposits of the Coeur d'Alene mining district to the south.
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History of the Conjecture Mine / Lakeview |
In the late 1950s and early 1960s, Federal Resources of Salt Lake City, Utah, invested approximately $3 million in shaft sinking and underground development at the Conjecture Mine.
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Geology of the Conjecture Mine / Lakeview |
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Geologists have long noted similarities between the Precambrian belt series (i.e., Wallace, St. Regis, Revett) of the Lakeview District and those found in the world-class silver deposits of the Coeur d'Alene mining district, and the same important ore minerals (tetrahedrite, galena, sphalerite) define productive ore shoots in the Conjecture and the Coeur d'Alene District.
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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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