The Silver Mining Report 9.15.10

8/8/2019 The Silver Mining Report 9.15.10

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The Silver Mining Report September 15, 2010

Copyright Bullion-Master All Rights Reserved Page 1

I drew the Fibonacci levels differently I set the top at $24. Notice how the price action responds tothat. My target, as you undoubtedly know is $23ish and anything above that is gravy

No buy recommendations this week (I doubt I will have any more for a bit) but this move in the shares isstill relatively young. I am waiting for a correction so I can gauge the internal strength of the sector i.e.the volume of buyers jumping in on dips.

My suggestion is to just sit tight and relax. You should be fully positioned at this point (unless youfollowed my boneheaded sell recommendation on SLW).
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185653939%5d&disp=G


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Aurcana Corporation - http://www.aurcana.com/s/Home.asp

Aurcana Corporation is a Canadian junior mining company listed on the TSX Venture Exchange, symbol AUN. The company owns 92% of the LaNegra silver-copper-lead-zinc mine and 100% of the Shafter silver mine. The company's current projects have the potential to produce over fivemillion ounces silver per year.

The 1,000 tonnes per day La Negra silver-copper-lead-zinc mine is located in Queretaro State, Mexico. Production for 2009 is forecast at750,000 ounces silver and 3 million pounds copper. Plans for increasing production to 1,500 tonnes per day, when complete, will result in yearlyproduction of 1.2 million ounces silver and 5 million pounds copper.

The Shafter silver mine is located in Presidio County, Southwest Texas. The project has a 43-101 silver resource of 24.6 million ouncesMeasured and Indicated, 22.8 million ounces Inferred and a prefeasibility completed. Production year one is forecast at 3.9 million ounces s ilverrecovered. Construction is expected to take 18 months subject to financing and permitting.

Recent Presentation - http://www.aurcana.com/i/pdf/2009-11-AurcanaPresentation.pdf
http://www.aurcana.com/s/Home.asphttp://www.aurcana.com/s/Home.asphttp://www.aurcana.com/s/Home.asphttp://www.aurcana.com/i/pdf/2009-11-AurcanaPresentation.pdfhttp://www.aurcana.com/i/pdf/2009-11-AurcanaPresentation.pdfhttp://www.aurcana.com/i/pdf/2009-11-AurcanaPresentation.pdfhttp://www.aurcana.com/i/pdf/2009-11-AurcanaPresentation.pdfhttp://www.aurcana.com/s/Home.asp


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Watching

Coeur d Alene - http://www.coeur.com

Coeur dAlene Mines Corporation is one of the worlds leading silver companies and also a significant gold producer. Coeur is seeing its first fullyear of production this year at the world's largest pure silver mine - San Bartolom in Bolivia and is now in production at itsnewest operation the Palmarejo silver/gold mine in Mexico. Coeur also owns and operates underground mines in southern Chile andArgentina and one surface mine in Nevada ; and owns non-operating interests in two low-cost mines in Australia. The Company is finalizing

construction at its Kensington Gold project in Alaska, and conducts exploration activities in Argentina, Chile and Mexico.

Recent presentation - http://www.coeur.com/uploads/file/Tumazos%20Conf_%2011_09%20FINAL.pdf
http://www.coeur.com/http://www.coeur.com/http://coeur.com/operations-San-Bartolome-Bolivia.htmlhttp://coeur.com/operations-San-Bartolome-Bolivia.htmlhttp://coeur.com/projects-Palmarejo-Mexico.htmlhttp://coeur.com/projects-Palmarejo-Mexico.htmlhttp://coeur.com/projects-Palmarejo-Mexico.htmlhttp://coeur.com/exploration-cerro-bayo.htmlhttp://coeur.com/operations-martha-argentina.htmlhttp://coeur.com/operations-rochester-nevada.htmlhttp://coeur.com/operations-rochester-nevada.htmlhttp://coeur.com/exploration-martha-argentina.htmlhttp://coeur.com/exploration-cerro-bayo.htmlhttp://coeur.com/exploration-palmarejo-mexico.htmlhttp://www.coeur.com/uploads/file/Tumazos%20Conf_%2011_09%20FINAL.pdfhttp://www.coeur.com/uploads/file/Tumazos%20Conf_%2011_09%20FINAL.pdfhttp://www.coeur.com/uploads/file/Tumazos%20Conf_%2011_09%20FINAL.pdfhttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs182862142%5d&disp=Ghttp://www.coeur.com/uploads/file/Tumazos%20Conf_%2011_09%20FINAL.pdfhttp://coeur.com/exploration-palmarejo-mexico.htmlhttp://coeur.com/exploration-cerro-bayo.htmlhttp://coeur.com/exploration-martha-argentina.htmlhttp://coeur.com/operations-rochester-nevada.htmlhttp://coeur.com/operations-martha-argentina.htmlhttp://coeur.com/exploration-cerro-bayo.htmlhttp://coeur.com/projects-Palmarejo-Mexico.htmlhttp://coeur.com/operations-San-Bartolome-Bolivia.htmlhttp://www.coeur.com/


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Looking a bit extended but hang on.

ECU Mining http://www.ecu.ca/s/Home.asp

Major discoveries of gold and silver at the Company's Velardea Properties have rewarded the team of mining professionals who have workedfor a decade, determinedly developing and exploring the region.

ECU Silver has translated its exploration success into a significant mineral inventory consisting of over 45 mineral rich veins with a measuredand indicated mineral resource of 40 million silver equivalent ounces and an inferred resource of 391 million silver equivalent ounces. Many of the veins and vein packages at the Velardea Properties have demonstrated reliable evidence of continuity, laterally and at depth. Thisadditional potential is represented by a Mineral Potential that has been quantified at an additional 570 to 930 million silver equivalent ounces.
http://www.ecu.ca/s/Home.asphttp://www.ecu.ca/s/Home.asphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185654238%5d&disp=Ghttp://www.ecu.ca/s/Home.asp


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ECU's is well on track to becoming a pre-eminent silver and gold producer through the development of existing and additional potentialresources in the Velardea district.

Recent Presentation - http://www.ecu.ca/i/pdf/Corporate_Presentation.pdf

Watching

Endeavour Silver - http://www.edrsilver.com/s/Home.asp

Endeavour Silver Corp. ( NYSEAmex :EXK) (DBFrankfurt :EJD) (TSX : EDR) (TSX : EDR.WT)is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004,Endeavour has posted four consecutive years of aggressive silver production and resource growth. The organic expansion programs nowunderway at Endeavour's two operating silver mines in Mexico combined with its s trategic acquisition program should help Endeavour achieveits goal to become the next premier mid-tier primary silver producer.
http://www.ecu.ca/i/pdf/Corporate_Presentation.pdfhttp://www.ecu.ca/i/pdf/Corporate_Presentation.pdfhttp://www.ecu.ca/i/pdf/Corporate_Presentation.pdfhttp://www.edrsilver.com/s/Home.asphttp://www.edrsilver.com/s/Home.asphttp://www.edrsilver.com/s/Home.asphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185653940%5d&disp=Ghttp://www.edrsilver.com/s/Home.asphttp://www.ecu.ca/i/pdf/Corporate_Presentation.pdf


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Recent Presentation - http://www.edrsilver.com/i/pdf/presentation.pdf

Watching

Excellon Resources - http://www.excellonresources.com

Excellon Resources Inc. (TSX: EXN), a mineral resource company operating in Durango and Zacatecas States, Mexico, is committed to buildingvalue through production, expansion and discovery. The Company is producing silver, lead and zinc ore from high-grade manto deposits onits Platosa Property, strategically located in the middle of the Mexican silver belt. It processes this ore at its concentrator in the town of Miguel Auza 220 km south of the mine and produces silver-lead and silver-zinc concentrates, which are sold under a long-term contract to aninternational trader.
http://www.edrsilver.com/i/pdf/presentation.pdfhttp://www.edrsilver.com/i/pdf/presentation.pdfhttp://www.edrsilver.com/i/pdf/presentation.pdfhttp://www.excellonresources.com/http://www.excellonresources.com/http://www.excellonresources.com/http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185654030%5d&disp=Ghttp://www.excellonresources.com/http://www.edrsilver.com/i/pdf/presentation.pdf


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Recent Presentation - Click Here

Watching

First Majestic Silver Corp. - http://www.firstmajestic.com/s/Home.asp

First Majestic Silver Corp. is committed to building a senior Silver producing mining company based on an aggressive development andacquisition plan with a focus on Mexico. The Company presently owns and operates three producing silver mines in Mexico; the La ParrillaSilver Mine, the San Martin Silver Mine and the La Encantada Silver Mine. Production from these three mines is anticipated to be approximately5.0 - 5.3 million ounces of silver in 2009 with further increases in 2010 and beyond.
http://www.excellonresources.com/SiteResources/data/MediaArchive/pdfs/excellon_resource_inc_november.pdfhttp://www.excellonresources.com/SiteResources/data/MediaArchive/pdfs/excellon_resource_inc_november.pdfhttp://www.excellonresources.com/SiteResources/data/MediaArchive/pdfs/excellon_resource_inc_november.pdfhttp://www.firstmajestic.com/s/Home.asphttp://www.firstmajestic.com/s/Home.asphttp://www.firstmajestic.com/s/Home.asphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185654031%5d&disp=Ghttp://www.firstmajestic.com/s/Home.asphttp://www.excellonresources.com/SiteResources/data/MediaArchive/pdfs/excellon_resource_inc_november.pdf


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Recent Presentation - http://www.firstmajestic.com/s/ReservesResources.asp

Watching

Fortuna Silver Mines - http://www.fortunasilver.com/s/home.asp

Latin American Expertise Fortuna's key strength is industry expertise in Latin America. Management's knowledge of regional mining, business practices, exploration,geology and regulatory environments has allowed Fortuna to identify and seize opportunities within the region. They are aggressively pursuingand evaluating further accretive acquisitions throughout the Americas.
http://www.firstmajestic.com/s/ReservesResources.asphttp://www.firstmajestic.com/s/ReservesResources.asphttp://www.firstmajestic.com/s/ReservesResources.asphttp://www.fortunasilver.com/s/home.asphttp://www.fortunasilver.com/s/home.asphttp://www.fortunasilver.com/s/home.asphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185654032%5d&disp=Ghttp://www.fortunasilver.com/s/home.asphttp://www.firstmajestic.com/s/ReservesResources.asp


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Recent Presentation - http://www.fortunasilver.com/i/pdf/Presentation_Nov2009.pdf

Watching

Genco Resources - http://www.gencoresources.com/s/Home.asp

Genco Resources Ltd. (TSX: GGC) is a publicly traded mining company focused on developing its core asset, the producing La Guitarra silver-gold property located in the Temascaltepec Mining District of Mexico. La Guitarra Mine consists of two underground operation centres and aflotation mill with a proven capacity of 320 tonnes per day.
http://www.fortunasilver.com/i/pdf/Presentation_Nov2009.pdfhttp://www.fortunasilver.com/i/pdf/Presentation_Nov2009.pdfhttp://www.fortunasilver.com/i/pdf/Presentation_Nov2009.pdfhttp://www.gencoresources.com/s/Home.asphttp://www.gencoresources.com/s/Home.asphttp://www.gencoresources.com/s/Home.asphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185654033%5d&disp=Ghttp://www.gencoresources.com/s/Home.asphttp://www.fortunasilver.com/i/pdf/Presentation_Nov2009.pdf


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Recent Presentation - http://www.gencoresources.com/i/pdf/CorporatePresentation.pdf

Watching

Great Panther Silver Limited - http://www.greatpanther.com/s/Home.asp

Great Panther's mission is to become a leading primary silver producer by acquiring, developing and profitably mining precious metals inMexico. They are committed to conducting themselves with fairness and integrity, and managing all business activities in an environmentallyresponsible and cost-effective manner, while contributing to the well-being of the communities in which they live and work.
http://www.gencoresources.com/i/pdf/CorporatePresentation.pdfhttp://www.gencoresources.com/i/pdf/CorporatePresentation.pdfhttp://www.gencoresources.com/i/pdf/CorporatePresentation.pdfhttp://www.greatpanther.com/s/Home.asphttp://www.greatpanther.com/s/Home.asphttp://www.greatpanther.com/s/Home.asphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185654034%5d&disp=Ghttp://www.greatpanther.com/s/Home.asphttp://www.gencoresources.com/i/pdf/CorporatePresentation.pdf


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Great Panther Resources Limited is one of the fastest growing primary silver producers in Mexico with strong leverage to future rises in theprice of silver. The Company owns a 100% interest in two operating mines in Mexico, and employs almost 600 people. With strong, establishedlocal management and infrastructure, Great Panther's immediate goal is to realize positive cash flow through progressively increasingproduction.

Recent Presentation - http://www.greatpanther.com/ppt_November_2009/slide1.htm

Watching

Hecla Mining - http://www.hecla-mining.com/

Hecla is the oldest U.S.-based precious metals mining company in North America and the largest producer of silver in the U.S. Headquartered inCoeur dAlene, Idaho, this international, publicly traded company is 118 years old.
http://www.greatpanther.com/ppt_November_2009/slide1.htmhttp://www.greatpanther.com/ppt_November_2009/slide1.htmhttp://www.greatpanther.com/ppt_November_2009/slide1.htmhttp://www.hecla-mining.com/http://www.hecla-mining.com/http://www.hecla-mining.com/http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs182862143%5d&disp=Ghttp://www.hecla-mining.com/http://www.greatpanther.com/ppt_November_2009/slide1.htm


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Proven and probable ore reserves has been growing and potential exists for further increases. The San Jos mine and its planned expansionmay mark the gradual opening of the 99,000-acre San Jose project area as an emerging mining district that hosts multiple mines. About 14geologic targets, some close-in to the mine, are known to exist. So far, only about 15 percent of the 40 kilometres of known vein strike lengthhave been drill-tested. A significant portion of the drill-tested strike length continues to be open at depth and laterally.

The Los Azules copper discovery in San Juan province is a great example of Minera Andes' skill in exploration and discovery. Since its discovery

as a reconnaissance project in 2004, Minera Andes has discovered new mineralization at Los Azules each subsequent year. Los Azules is asizeable discovery with an independently-calculated inferred mineral resTheirce of 922 million tonnes grading 0.55 percent copper, andcontaining 11.2 billion pounds of copper.

Active in two mining-friendly provinces (Santa Cruz in southern Argentina and San Juan in the north), Minera Andes has been successful inmaking new discoveries in silver, gold and copper. The company has numerous new discoveries in the highly prospective Santa Cruz province,an underexplored, still-emerging silver/gold region. Drilling is scheduled for three targets very similar to the San Jose discovery - quartz vein-hosted silver and gold. In San Juan with Los Azules, They are also finalizing plans for the upcoming 2009-2010 field season and expanding Theirknown resTheirce towards a preliminary feasibility study.

Recent Presentation - http://www.minandes.com/i/pdf/Presentation.pdf

Watching Pan American Silver Corp. - http://www.panamericansilver.com/index.php

Pan American Sil ver Corp. was founded in 1994 with the single mission to be the worlds largest and lowest cost primary silver mining company

and to achieve this by increasing low-cost silver production and silver reserves. As an equity investment vehicle, Pan American offers investorscontinuously strong trading liquidity.
http://www.minandes.com/i/pdf/Presentation.pdfhttp://www.minandes.com/i/pdf/Presentation.pdfhttp://www.minandes.com/i/pdf/Presentation.pdfhttp://www.panamericansilver.com/index.phphttp://www.panamericansilver.com/index.phphttp://www.panamericansilver.com/index.phphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs182862144%5d&disp=Ghttp://www.panamericansilver.com/index.phphttp://www.minandes.com/i/pdf/Presentation.pdf


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Pan American shares form part of the S&P/TSX Composite Index, S&P/TSX Small Cap Index, and S&P/TSX Capped Materials Index. PanAmerican is also the only silver mining company to trade on the prestigious Philadelphia Gold and Silver Index, known as the XAU.


Watching

Silvercorp Metals - http://www.silvercorpmetals.com/

Silvercorp Metals Inc. is a Canadian- based primary silver producer with mining, development and exploration projects located in the PeoplesRepublic of China. Since commencing production in 2006, Silvercorp has enjoyed high profitability and returns due to the exceptionally high-grade nature of its Ying deposit and the incredibly low-cost jurisdiction in which it operates. The company is publicly traded on the Toronto
http://www.panamericansilver.com/news/documents/DEC8RBCCMSilverConference.pdfhttp://www.panamericansilver.com/news/documents/DEC8RBCCMSilverConference.pdfhttp://www.panamericansilver.com/news/documents/DEC8RBCCMSilverConference.pdfhttp://www.silvercorpmetals.com/http://www.silvercorpmetals.com/http://www.silvercorpmetals.com/http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs182906301%5d&disp=Ghttp://www.silvercorpmetals.com/http://www.panamericansilver.com/news/documents/DEC8RBCCMSilverConference.pdf


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Stock Exchange in Canada and the New York Stock Exchange in the U.S. and is a component of the S&P/TSX Composite and Global MiningIndexes.

Silvercorp today is China's largest primary silver producer and has achieved an enviable three-year track record of being the lowest costproducer of silver among its industry peers. In Q2/2010 (ended September 30, 2009), the company produced 1.2 million ounces of silver at acash cost of negative $6.33 per ounce. At the same time, the company is growing its resource base through continuous exploration of existingprojects as well as seeking to acquire new development projects in multiple jurisdictions. It is one of only a handful of metals producers to pay

shareholders a dividend (C$0.02 per share per quarter).

Now with US$79-million in cash, no long-term debt, strong operations and the lowest production cos ts among its global industry peers,Silvercorp sees todays unprecedented market volatility as one ripe with opportunities to grow its business in the long term.

Recent Presentation - http://www.silvercorpmetals.com/_resources/presentation/SVM_Dec_1_PPT.pdf

Watching

Silver Standard Resources - http://www.silverstandard.com/

Silver Standard has the largest in-ground silver resource of any publicly-traded primary silver company, with a pipeline of projects in Argentina,Peru, Mexico, Canada, Chile, the United States and Australia.
http://www.silvercorpmetals.com/_resources/presentation/SVM_Dec_1_PPT.pdfhttp://www.silvercorpmetals.com/_resources/presentation/SVM_Dec_1_PPT.pdfhttp://www.silvercorpmetals.com/_resources/presentation/SVM_Dec_1_PPT.pdfhttp://www.silverstandard.com/http://www.silverstandard.com/http://www.silverstandard.com/http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs182862117%5d&disp=Ghttp://www.silverstandard.com/http://www.silvercorpmetals.com/_resources/presentation/SVM_Dec_1_PPT.pdf


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Their flagship Pirquitas mine in Argentina will achieve nameplate production of 8-10 million ounces of silver in 2011. At full production,Pirquitas will rank among the largest open pit primary silver mines in the world.

They are advancing development projects such as the high-grade, gold-silver San Luis joint venture project in Peru, and our 100%-ownedPitarrilla silver project in Mexico. Drilling programs at their exploration projects continue to expand their in-ground silver and gold resources.Their 100%-owned Snowfield and Brucejack projects in northern British Columbia are the subject of extensive diamond drill programs designedto upgrade their current gold resource and explore for additional gold resource ounces from other known mineralized areas and targets on the

property. Snowfield and Brucejack are part of a world-class mineralized gold/copper/silver/molybdenum system.


Watching

Silver Wheaton - http://silverwheaton.com/main/

Established in 2004, Silver Wheaton has quickly positioned itself as the largest silver streaming company in the world. The company hasentered into seventeen agreements where, in exchange for an upfront payment, it has the right to purchase all or a portion of the silverproduction, at a low fixed cost, from high-quality mines located in politically stable regions. Forecast 2009 production is 16 million ounces of
http://files.shareholder.com/downloads/SSRI/847926298x0x336359/639e24f8-6472-4c9b-9987-6a8b1bfb6339/Company_Presentation.Nov.30.Final.09.pdfhttp://files.shareholder.com/downloads/SSRI/847926298x0x336359/639e24f8-6472-4c9b-9987-6a8b1bfb6339/Company_Presentation.Nov.30.Final.09.pdfhttp://files.shareholder.com/downloads/SSRI/847926298x0x336359/639e24f8-6472-4c9b-9987-6a8b1bfb6339/Company_Presentation.Nov.30.Final.09.pdfhttp://silverwheaton.com/main/http://silverwheaton.com/main/http://silverwheaton.com/main/http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs185654036%5d&disp=Ghttp://silverwheaton.com/main/http://files.shareholder.com/downloads/SSRI/847926298x0x336359/639e24f8-6472-4c9b-9987-6a8b1bfb6339/Company_Presentation.Nov.30.Final.09.pdf


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silver and 17,000 ounces of gold, for total production of 17 million silver equivalent ounces. By 2013, annual production is anticipated to morethan double to approximately 39 million ounces of silver and 20,000 ounces of gold, for total production of approximately 40 million silverequivalent ounces. No ongoing capital expenditures are required to generate this growth and Silver Wheaton does not sell forward its silversales.

Silver Wheatons industry -leading growth profile is driven by a portfolio of world- class assets, including silver streams on Goldcorps Peasquitomine in Mexico and Barricks Pascua -Lama project straddling the border of Chile and Argentina. The companys unique business model creates

significant shareholder value by providing considerable leverage to increases in the silver price while reducing the downside risks faced bytraditional mining companies. Silver Wheaton has an experienced management team with a strong track record of success and is wellpositioned for further growth.


Watching

U.S. Silver Corporation - http://www.us-silver.com/s/Home.asp

US Silver Corp (TSXV "USA", Pink Sheets -"USSIF" and DB Frankfurt "QE2") owns and operates the Galena Mine in the historic Silver Valley of North Idaho. The Galena Mine and Mill, along with the Coeur Mine and Mill and the Caladay Project were acquired from Coeur d'Alene MinesCorp (NYSE-CDE) on June 1, 2006. A total of 11,000 acres of patented and unpatented mining claims, along with surface facilities and
http://silverwheaton.com/userfiles/file/09-12-04%20SLW%20Presentation%20for%20website%20FINAL.pdf?PHPSESSID=fade47fbedd877679fd62612d330101fhttp://silverwheaton.com/userfiles/file/09-12-04%20SLW%20Presentation%20for%20website%20FINAL.pdf?PHPSESSID=fade47fbedd877679fd62612d330101fhttp://silverwheaton.com/userfiles/file/09-12-04%20SLW%20Presentation%20for%20website%20FINAL.pdf?PHPSESSID=fade47fbedd877679fd62612d330101fhttp://www.us-silver.com/s/Home.asphttp://www.us-silver.com/s/Home.asphttp://www.us-silver.com/s/Home.asphttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=1353208,2&cmd=show%5bs182862118%5d&disp=Ghttp://www.us-silver.com/s/Home.asphttp://silverwheaton.com/userfiles/file/09-12-04%20SLW%20Presentation%20for%20website%20FINAL.pdf?PHPSESSID=fade47fbedd877679fd62612d330101f


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equipment were acquired for $15 million.

The Galena Mine lies in the heart of the Coeur d'Alene Mining District, the most prolific silver district in United States history with over 1.2billion ounces of silver production. Throughout the long history of the Company's properties, the mines have produced some 9.9 million tons of ore containing over 200 million ounces of silver, 160 million pounds of copper, and 22 million pounds of lead at an average grade of 21.2ounces per ton of silver, 0.8% copper and 8.8% lead. The Galena Mine ranks as the second largest primary silver mine in US history.

Recent Presentation - http://www.us-silver.com/i/pdf/CP_Aug2009.pdf

Watching

The Silver Mining Report is produced weekly for subscribers and is available exclusively fromhttp://www.bullion-master.com/services .

Additional Services Available:
http://www.us-silver.com/i/pdf/CP_Aug2009.pdfhttp://www.us-silver.com/i/pdf/CP_Aug2009.pdfhttp://www.us-silver.com/i/pdf/CP_Aug2009.pdfhttp://www.bullion-master.com/serviceshttp://www.bullion-master.com/serviceshttp://www.bullion-master.com/serviceshttp://www.us-silver.com/i/pdf/CP_Aug2009.pdf


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The Gold Mining Report

The Gold Mining Report is full of actionable intelligence designed for sophisticated investors. Delivered weekly, this report provides in depthanalysis, graphs and charts of various major and junior gold mining companies. Companies with experienced management, proven andprobable reserves, healthy balance sheets (with zero or minimal embedded derivative risks) in politically stable regions are going to do very,very well in the coming years. Our in depth research provides you with real time information, so you can position yourself to benefit from

upcoming moves and trends.

The Explorers

The Explorers is a report delivered monthly. As the name implies, this report is dedicated to research and analysis on the mining companiesactively engaged in exploration and development, but, are not yet producers. The biggest homeruns in this bull market will come from thiscategory. For every homerun, there will be many strikeouts. Our research is designed to enable you to hit more homeruns and avoid thestrikeouts.

If you believe like we do that this gold and silver bull market has many years left to run, you can't afford to miss the information contained inthis report. Companies with experienced management, proven and probable reserves, healthy balance sheets (with zero or minimalembedded derivative risks) in politically stable regions are going to do very, very well in the coming years.

The Ultimate Insider

The Ultimate Insider is a service that includes all of the above reports.

Additionally, subscribers of The Ultimate Insider receive special reports and news flashes when there is important information that becomesavailable. This is usually information that will be included in upcoming reports, but, is so important as to give an additional advantage to thosewho can capitalize on the information before others.

I hope that the information provided will empower you to make good decisions in your trading andinvesting activities. Please feel free to contact me with any questions or comments via email at:[email protected] .
mailto:[email protected]:[email protected]:[email protected]

The Silver Mining Report 9.15.10

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Transcript of The Silver Mining Report 9.15.10