Conjecture Mine / Lakeview
Conjecture Mine / Lakeview
Country USA 
Province Idaho
Close to Coeur d'alene mining district
Status PAST PRODUCER  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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Risk and valuation analysis of the Conjecture Mine / Lakeview
Status Risk : Past producer
Country Risk : Very Low
Title(s) of the Conjecture Mine / Lakeview
Chester Mining Company
Owner: 100%
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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.
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.
 
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.
 
Geology of the Conjecture Mine / Lakeview
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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