SNS Precious Metals. (SNS: TSX-V) is an exploration mining company, whose primary asset is the Crescent Mine located in Kellogg, Idaho – the only known district in North America to have produced over one billion ounces of silver. The property consists of 24 patented mining claims over approximately 350 acres, alongside 40 acres of surface rights. The Crescent Mine is currently being developed by United Mine Services, Inc. and Syringa Exploration Inc. under an Agreement dated December 30, 2009 pursuant to which United Mine Services, Inc. and Syringa Exploration Inc. can earn up to 80% of the Crescent Mine property by spending up to US$9,000,000 on exploration and development work on the property over a three year period.
United Mine Services currently has a comprehensive and well-funded 100,000 ft. underground drill program underway. SNS with United Mine Services is focused on underground drilling on the Alhambra and South Veins, as well as restoration of the Hooper Tunnel, drifting and cross-cutting.
