Coeur d'Alene Mines (NYSE:CDE/TSX:CDM) dropped a bombshell a few days ago, when it announced plans to sell all of its Silver Valley properties to U.S. Silver 

Corporation. The $15 million cash deal is slated to close June 1 and includes the Galena Mine, which is operating; the Coeur Mine, which is closed; and the 

5,000-foot deep Caladay exploration shaft. 

U.S. Silver is a private firm with London financial backing. There are folks in management with strong Valley ties -- notably CEO John Ryan, who grew up in 

Wallace and holds a mining engineering degree from U of I, and President Mark Hartmann, who was chief engineer at the Sunshine Mine and will honcho the 

Galena. Company headquarters are to be in Wallace. 

U.S. Silver says it plans to keep the Galena’s 180 employees and to boost spending on exploration and development, which suffered badly during the long bear 

market. Outfits with exploration property leased to CDE around the Galena include American Silver (PinkSheets:ASLM)… Sterling Mining (PinkSheets:SRLM)… and 

Silver Buckle Mines (PinkSheets:SBUM) 
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Coeur d'Alene Mines announced plans to sell all of its Silver Valley properties to U.S. Silver Corporation.
The $15 million cash deal is slated to close June 1 and includes the Galena Mine, which is operating; the Coeur Mine, which is closed; and the 5,000-foot 

deep Caladay exploration shaft. 

U.S. Silver is a private firm with London financial backing. There are folks in management with strong Valley ties -- notably CEO John Ryan, who grew up in 

Wallace and holds a mining engineering degree from U of I, and President Mark Hartmann, who was chief engineer at the Sunshine Mine and will honcho the 

Galena. Company headquarters are to be in Wallace. 

U.S. Silver says it plans to keep the Galena’s 180 employees and to boost spending on exploration and development, which suffered badly during the long bear 

market. Outfits with exploration property leased to CDE around the Galena include American Silver (PinkSheets:ASLM)… Sterling Mining (PinkSheets:SRLM)… and 

Silver Buckle Mines (PinkSheets:SBUM)