US Silver & Gold
U.S. Silver & Gold Corp., established in 2007 and publicly traded on the TSX Venture Exchange under the symbol "USA," emerged through the strategic acquisition of Coeur Silver Valley Inc.'s assets for approximately $15 million. Nestled in the Coeur D’Alene mining district, our flagship Galena mine complex stands as the second most prolific silver mine in U.S. history, having produced over 200 million ounces of silver since 1953. Spanning 11,000 acres, our property includes two operational mines, an exploration shaft, four operating shafts, and two flotation mills, reinforcing our position as a key player in the silver, lead, and zinc industry.
Currently operating at 500 tons per day of silver-copper ore, the Galena mine is on a growth trajectory, with plans to expand production to over 700 tons per day by mid-2007 and ultimately reach 1100 tons per day by 2008. The ongoing rehabilitation of the Galena shaft and the efficient operation of the #3 shaft are integral to achieving these milestones. At U.S. Silver & Gold Corp., we are dedicated to responsible and sustainable mining practices, contributing to the economic development of the Coeur D’Alene mining district while upholding a legacy of excellence and innovation in the mining industry. Join us as we continue to shape the future of silver and gold mining.