Silver Horn Mining Announces Acquisition of the C.O.D. Mine
July 28 2011 - 6:30AM
Silver Horn Mining Ltd. (OTCBB:SILV) is pleased to announce the
acquisition of the C.O.D. mine located southeast of Chloride in
Mohave county, Arizona. The property consists of over 289 acres.
The C.O.D. mine lies with the historic Wallapai mining district,
which has produced over 3 million ounces of silver in the past 2
years. The C.O.D mine has historic production of over 611,000 oz of
silver and 3,200 oz of gold.
Silver Horn currently has operations under way at the C.O.D.
with mapping, assaying and sampling being completed.
CEO Daniel Bleak stated, "We are very pleased with the recent
acquisition of the C.O.D. mine. By establishing a presence in the
Wallapai district, with such a great recent production history, we
stay true to our business plan of acquiring strategic under
developed properties with great potential. We look forward to the
results from our current exploration program that is underway."
About Silver Horn Mining Ltd.
Silver Horn Mining Ltd. ("Silver Horn") is a mining and
resources company focused on exploring and developing mineral
resources, with an emphasis on silver. Silver Horn's corporate
strength lies in its management's expertise in the natural resource
industry. Silver Horn will target and acquire projects with
previous production and/or exploration and work towards fully
developing those projects to build core reserves and drive
revenues.
Safe Harbor Statement
Except for the statements of historical fact contained herein,
the information presented in this news release constitutes
"forward-looking statements" as such term is used in applicable
United States and Canadian laws. These statements relate to
analyses and other information that are based on forecasts of
future results, estimates of amounts not yet determinable and
assumptions of management. Any other statements that express or
involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future
events or performance (often, but not always, using words or
phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or
"intends", or stating that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved) are not statements of historical fact and should be
viewed as "forward-looking statements." Such forward looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Such risks and other factors
include, among others, the actual results of exploration
activities, variations in the underlying assumptions associated
with the estimation or realization of mineral resources, the
availability of capital to fund programs and the resulting dilution
caused by the raising of capital through the sale of shares,
accidents, labor disputes and other risks of the mining industry
including, without limitation, those associated with the
environment, delays in obtaining governmental approvals, permits or
financing or in the completion of development or construction
activities, title disputes or claims limitations on insurance
coverage. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate
as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements contained in
this news release and in any document referred to in this news
release.
CONTACT: Corporate Office
3266 W Galveston Dr. Suite 101
Apache Junction, AZ 85120
abond@silverhornmining.com