palisades presentation
TRANSCRIPT
Some of the statements contained in this presentation are forward-looking statements, such as estimatesand statements that describe future plans, objectives or goals, including words to the effect that Kurt J.Hoffman Mining Services expects a stated condition or result to occur. Since forward-looking statementsaddress future events and conditions, by their very nature they involve inherent risks and uncertainties.Actual results relating to among other things, reserves, resources, results of exploration, reclamation andother post-closure costs, capital costs and mine production costs could differ materially from thosecurrently anticipated in such statements by reason of factors such as changes in general economicconditions and conditions in the financial markets, changes in demand and prices for the minerals,litigation, legislative, environmental and other judicial, regulatory, technological and operational difficultiesencountered in connection with mining activities, labor relations matters, costs and changing foreignexchange rates. This list is not exhaustive of the factors that may affect any of the forward-lookingstatements contained in this presentation. These and other factors should be considered carefully andreaders should not place undue reliance on such statements. Unless otherwise indicated, all amounts areexpressed in U.S. dollars.
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High Grade Silver Property in the Pine Creek sub-district of the Coeur d’
Alene District, Silver Valley, Idaho.
Coeur d’ Alene District has produced over 1 Billion ounces of silver.
Contains same major vein types that have been the most prolific vein types in
the Coeur d’ Alene District.
Vein density is as high or higher than many major mines in the district.
Samples as high as 18 ounce per ton silver, 4.9% lead, 2.6% zinc.
Coeur d’ Alene Mining District: 1885-2009
2nd Largest silver producing district in world
Over 1 billion ounces produced
Production mainly from narrow, steeply dipping high grade veins
Average annual primary production grades range from 10 to 50 opt. silver
Significant byproduct silver production from Bunker Hill and other base metal
mines
Coeur d’ Alene District – Silver Valley
Ore Veins Persist to Depth
Star Mine – Mined one vein over 7,800 vertical feet
Sunshine – Mined associated veins over 6,400 vertical feet
Bunker Hill – Mined over 5,000 vertical feet
Galena Mine – Mined associated veins over more than 5,000 vertical feet
Same “Belt Series” rocks as the major silver mines of the Coeur d’ Alene Mining District. Hosted in the most favorable St. Regis formation for High Grade Silver Veins.
Similar Mineralogy to the higher grade silver veins at the Sunshine Mine. 350 million ounces Ag
41 Veins on the property with 17 mapped.
Palisades Silver Property
Project Geology
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10 Unpatented Claims with additional areas open for staking.
Open underground workings..
Trenching on veins with surface outcrops.
200 acres.
$40,000 for 100% interest with 25% Down.
Pro mining State of Idaho.
Nearby Mills and Silver Refinery
