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Summary
Discovered in the summer of 2004, the Silver Button is a
high grade silver occurrence in the northern part of the greater
Coeur d’Alene Mining District. Especially encouraging to management
is that it appears no prospecting work has ever been done
at the site. Also, a major silver mine with historic production
of 44 million ounces of silver and 390 million pounds of copper
is approximately 13.9 kilometers from the Silver Button. Two
large samples of a boulder train in a talus slide near the
top of a ridge assayed an impressive 613 and 419 grams/tonne
silver (17.90 and 12.24 ounces/ton), respectively. The samples
also contained 0.4 grams/tonne gold.
Float from Silver Vein at Silver Button Prospect
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Silver mineralization consists of black sooty coatings of argentite,
a silver sulfide on quartz veining. The host rock is Prichard
formation and an igneous intrusion is located nearby.
An exploration plan has been formulated and includes geophysics
and a helicopter drilling program. A Plan of Operations for
a diamond drilling program was submitted to the U.S. Forest
Service in December 2004.
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