Shoshone Silver Mining Company Returns to the Silver Valley
Jan. 25, 2005--In a move designed to put itself back into the heart of the famous Silver Valley, Shoshone Silver Mining Company (OTC:SHSH - News) has relocated its headquarters and corporate offices to Kellogg, Idaho. Shoshone's move is made in conjunction with the systematic acquisition of high potential mining properties in Mexico and Canada. These acquisitions add to Shoshone's already impressive portfolio of silver and gold properties in Idaho and Arizona.
Once focused only on silver properties exploration and development, Shoshone is now aggressively seeking to become a producer of silver and gold. This strategy is designed to position Shoshone as a major player in the world wide precious metals market and meet rising demand for commodities in countries such as China.
The planned development of Shoshone's Bilbao properties in Mexico, and its ownership of the 1,000 ton a day Lakeview mill located in Idaho hold the prospect for Shoshone to join the ranks of other producing mining companies located in the Silver Valley and elsewhere.
Shoshone Silver Mining Company was founded in 1969 as a silver exploration, development and production company centered on its Lakeview Mine and Mill, south of Lake Pend d'Oreille in northern Idaho. Shoshone has acquired several formerly producing precious and base metal properties in northern Idaho in preparation for a return to production at Lakeview. Shoshone also maintains a diverse portfolio of mineral exploration projects across the western United States and Mexico. Shoshone stock trades on the OTC Market under the symbol "SHSH".
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.