Shoshone Silver Expands Uranium Holdings
May 23 , 2007-- Shoshone Silver Mining is pleased to announce the expansion of its California Creek project to a total of 43 claims covering 860 acres. The project is located in Elko County, Nevada adjacent to Kilgore Minerals’ Mountain West Property.
The expansion was undertaken following a 2006 scintillometer survey that found two areas with radioactive anomalies. One area with a scintillation count as high as 250 times the background level was found on as yet unexplored ground. The second area of interest was found at the site of an historic open pit. At this site, uranite and yellow secondary uranium minerals occur in a Teritary bentonitic tuff which is arkosic and carbonaceous near its base, overlying a quartz monzonite. Limited production occurred at the site in 1960.
Potential uranium resources have not yet been quantified. Shoshone plans further exploration and development of the property, potentially as a joint venture.
About Shoshone Silver Mining
Founded in 1969 as a silver exploration, development and production company, Shoshone maintains a diverse portfolio of mineral exploration projects across the western United States and Mexico. Shoshone stock trades on the Pink Sheets 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.
For further information, please visit the company’s website at www.shoshonesilvermining.com.
Contact:
Investor Relations
Liz Wilhite
Moechine Solutions
liz@moechine.com
(208) 512-3009
Shoshone Silver Mining
info@shoshonesilvermining.com
(208) 752-1070