ONE OF THE HIGHEST-GRADE KNOWN
PRIMARY-SILVER DEPOSITS WORLDWIDE.
The Sunshine Complex is wholly owned by SSMRC. This iconic asset includes both the Sunshine Mine and the Sunshine Refinery and is located within the Coeur d’Alene Mining District in northeastern Idaho, USA. The Sunshine Complex is the only complete, vertically integrated silver complex in North America—with the ability to produce 99.99% silver bullion, certified for direct delivery to COMEX.
In short, the Sunshine Complex represents our company’s long-term vision to be a North American leader in silver production. The Sunshine Mine itself has been historically referred to as an iconic jewel of American silver mining. Understood to be one of the highest-grade known primary-silver deposits worldwide, the Sunshine Mine is currently estimated to contain 3.020 million diluted tonnes of measured and indicated resources at a silver grade of 780 g/t and 8.221 million tonnes of inferred resources at a silver grade of 835 g/t.
SSMRC acquired the Sunshine Mine in 2010, and an independent preliminary economic assessment (PEA) was completed in 2014, indicating an economically robust silver project.
As of mid-2019, we have invested approximately $139 million into the Sunshine Complex, with a focus on identifying additional resources, maintaining permits, rehabilitating certain underground infrastructure, and acquiring the Sunshine Refinery and strategic land holdings to position the Sunshine Complex for its next luminous era as a global benchmark in silver mining and refining.