Silver Horn Mining Acquires Historic Mine In Arizona
PHOENIX, AZ - Silver Horn Mining Ltd. reported that it has acquired the Tip Top Mine in Yavapai County, AZ. Along with the "76" Mine, the Tip Top property will strengthen Silver Horn Mining's foothold in the mineral rich Bradshaw Mountains.
Tip Top produced approximately 6 Million ounces of high-grade silver between 1876 and the 1930's, according to historic data. Assays records from that time period mention an average of 360 ounces of silver per ton, with assays running as high as 2,985 ounces of silver per ton. The company plans to initiate a work program at Tip Top consisting of sampling the ore dumps and the underground workings as well as mapping the property and assaying to identify potential drill targets in the area. Only 12 miles from a major highway and less than 50 miles from the metropolis of Phoenix, AZ., Silver Horn Mining's Tip Top and "76" are well positioned in a historic mining district. Additionally, Yavapai County is a mining friendly jurisdiction and Arizona has a successful history of mining across the state. Company President, Daniel Bleak, states, "We are very excited to begin a new era in the historic Tip Top Mining District. Although silver has been the main focus in the district, the area has also produced tungsten and gold. We are committed to increasing shareholder value with these strategic acquisitions and we will continue to search for other properties to add to our portfolio." The company's address is 3266 W. Galveston Dr., Suite 101, Apache Junction, AZ 85120.