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Sunshine Mine Expands Idaho Holdings by 60%
23 Sep
Summary
- Sunshine Silver Mining acquired 14,100 acres, a 60% increase in Idaho.
- A new multi-year exploration program will involve 45,000 meters of drilling.
- Underground drilling results and feasibility study are expected by late 2026/2027.
Sunshine Silver Mining has increased its mineral rights in Idaho's Silver Valley by approximately 14,100 acres, marking a substantial 60% expansion. This acquisition brings the company's total land holdings to around 38,000 acres. This expanded area will support a new, multi-year surface exploration program focused on discovering potential mineral deposits beyond the current Sunshine Mine.
The surface drilling initiative will encompass 45,000 meters and is slated to commence in the fourth quarter of 2026. Initial efforts will concentrate on three priority areas: East Sunshine, Rock Creek, and Pine Creek, identified through recent fieldwork and sample analysis. These targets are considered ready for drilling, offering potential beyond the established mine.
In parallel, Sunshine Silver is advancing its underground in-fill drilling program at the Sunshine Mine, a 50,000-meter effort aimed at informing a 2027 feasibility study. The company anticipates releasing results from this underground drilling in the fourth quarter of 2026. Both the surface and underground programs will run concurrently, contributing to resource assessment and potential future development.
