Location and Access
Kootenai County, Idaho approximately 18 miles north Coeur d’ Alene, Idaho and 7 miles from paved roads. 30 miles west of the Coeur d' Alene Mining District which has produced over 1 Billion Ounces of Silver. It is accessed by County and Forest Service Roads. It is located in the Coeur d' Alene National Forest in the Fernan Ranger District.
Description
The Silver Strand occurs in a mineralized zone up to 60 feet wide.
Small scale mining possible of 17,500 tons of ore containing 188,475 ounces of Silver and 1557 ounces of Gold.
At $15 silver and $1400 gold gross metal value is $7,457,625 with substantial potential to develop reserves many-fold.
20 unpatented mining claims covering 400 acres.
Approximately 18 miles north Coeur d’ Alene, Idaho and 7 miles from paved roads.
Work on the property includes underground development, drilling, geo-chem surface sampling, geophysics, metallurgical test work, mapping and underground sampling included on several hundred digitized files.
Preliminary permitting and plan of operations have been completed and need minimal updating.
Located 30 miles west of the Coeur d’ Alene Mining District that has producing silver mines and infrastructure including contract mining and drilling services, geological consulting and engineering services, qualified labor, mining equipment suppliers and milling operations.
Unique opportunity for both a small-scale underground mine and the discovery and development of 100-million-ounce silver equivalent ore body.
Orebody has a significant relationship to a major structure the Burnt Cabin Fault.
Geology
The Silver Strand prospect is enclosed in the Revett formation which is a predominantly quartzitic member of the Belt Supergroup. The Belt rocks are shallow water sediments deposited in a deep cratonic basin of Proterozoic age. The Revett formation is the host for a majority of the Coeur d’ Alene District silver and base metal veins. The Revett formation also contains sediment-hosted Copper-Silver mineralization in North Idaho and Western Montana.
A major northwest-trending normal fault, the Burnt Cabin-Kellogg fault, is located a few thousand feet south of the Silver Strand. The Kellogg fault branches off the large Osburn fault in the center of the Coeur d’ Alene Mining District just east of the famous Bunker Hill and Sunshine Mines.
The mine is represented by a silicified zone that strikes about 290 degrees and dips steeply to the south. The outcrop of the zone can be traced on the surface for about 900ft. from the west where it is apparently truncated by a fault to the east where the zone disappears under soil and forest cover. The width of the zone is about 60 ft. as indicated by underground openings. A sulfide orebody occurs within the silicified zone but mineralization has been noted throughout the zone.
The Silver Strand occurrence was discovered relatively recently and was mined during the late 1960’s and was mined during the 1970’s for siliceous smelter flux.
The Silver Strand ore is black and fine grained. Sulfide minerals include pryrite, tetrahedrite, galena, sphalerite, arsenopyrite and chalcopyrite. The orebody is continuous at least from the surface to the presently mine depth of 300ft. from the outcrop to the No. 3 or lowest adit. Silver mineralization was intercepted 720ft. below the outcrop, underground drilling confirmed the orebody at 120ft. below the lowest level.
Metallurgical test show that the gold and silver are not refractory, and good recoveries can be obtained by conventional flotation followed by cyanidation of the concentrate. Flotation recoveries are lower in oxidized ore, but oxidation diminishes with depth.
History
The Silver Strand occurrence was discovered relatively recently and was mined during the late 1960’s and was mined during the 1970’s for siliceous smelter flux. Since the late 1980's significant work has been conducted on the property including underground and surface drilling, underground development, geochem and geophysics, metalurgical testwork, underground sampling. water testing, preliminary mine plans and plans of operation. The owner has over a hundred digitized property files. Reports and studies have been conducted by either a Registered Professional Geologist or a Professional Mining Engineer (P.E.).
Additional Information
The property is approximately 40 miles from the New Jersey Mill located near Kellogg, Idaho. The Mill is an operating state of the art mill which has previously processed test samples from the Silver Strand. New Jersey is receptive to a custom milling agreement on the mine.