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 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.

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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. The Sunshine Mine Technical Report, an analysis we commissioned in 2019, indicated the commencement of production and refining operations could begin in 2024 at the Sunshine Complex.

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

Near Term

The project has all material environmental permits and the mine can be recommissioned within two years after completion of a definitional drilling campaign, feasibility study, and financing

Underexplored

75 million measured and indicated and 221 million inferred ounces of silver resources with identified, yet underexplored, veins and vein extensions

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