Sunshine Complex

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 Ag and 8.221 million tonnes of inferred resources at a silver grade of 835 g/t Ag. 

SSMRCs focus at the Sunshine Complex has been 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.

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Sunshine Complex represents our company’s long-term vision to be a North American leader in silver production.

The Sunshine Refinery earned a reputation for being one of the highest-quality refiners, with consistent 99.99% silver bullion quality. Once recommissioned, the Sunshine Complex will process copper/silver and gold concentrates in addition to refining silver doré and other materials. The Sunshine Silver brand is certified for delivery on the COMEX.

A synergistic operation with exploration, development, production, and refining, the Sunshine Complex is our company’s flagship projects.

A synergistic operation with exploration, development, production, and refining, the Sunshine Complex will become our company’s flagship project.

Low Risk

Mining-friendly jurisdiction with low political risk, existing infrastructure, and strong community support

High Grade

One of the highest-grade large primary silver deposits in the world with an average measured and indicated resource grade of 780 g/t Ag

Vertically Integrated

Sunshine owns the entire process from mining to refining, with its silver bullion bars certified for direct delivery to COMEX

Massive Endowment

76 million measured and indicated and 223 million inferred ounces of silver resources with identified, yet underexplored, veins and vein extensions

Underexplored

Large land package remains underexplored, with excellent potential for further expansion through targeted exploration

Smart Path For Growth

All drilling within the Sunshine Complex has been compiled into a robust 3D block model, presenting numerous high-confidence targets for discovery

We are thrilled about the long-term potential for the Sunshine Complex’s return to a prolific mining and refining icon.

Sunshine Complex Mineral Endowment

Sunshine Mineral Resource Chart

NOTES:

  1. 343 gpt Ag cutoff grade has been estimated for the project using a silver price of $20.16/troy ounce and an average metallurgical recovery of 97%.
  2. Cutoff includes an operating cost of $214.58/tonne of processed mineralized material.
  3. Columns may not total due to rounding.
  4. Mineral Resources are stated as diluted.
  5. One troy ounce is equal to 31.1034768 grams and one Tonne is equal to 2,204.62 lbs.
  6. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
  7. Mineral resource estimate effective date of January 17, 2020.