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U.S. Silver Corporation  (VEN USA)   added Jan 24, 2010

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owns and operates the Galena Mine in the historic Silver Valley of North Idaho. The Galena Mine and Mill, along with the Coeur Mine and Mill and the Caladay Project were acquired from Coeur d'Alene Mines Corp (NYSE-CDE) on June 1, 2006. A total of 11,000 acres of patented and unpatented mining claims, along with surface facilities and equipment were acquired for $15 million.

The Galena Mine lies in the heart of the Coeur d'Alene Mining District, the most prolific silver district in United States history with over 1.2 billion ounces of silver production. Throughout the long history of the Company's properties, the mines have produced some 9.9 million tons of ore containing over 200 million ounces of silver, 160 million pounds of copper, and 22 million pounds of lead at an average grade of 21.2 ounces per ton of silver, 0.8% copper and 8.8% lead. The Galena Mine ranks as the second largest primary silver mine in US history.

 

 

RECENT NEWS U.S. Silver On-Going Exploration Drilling Identifies New High-Grade Zones 

 

U.S. Silver Announces Q3 2010 Production

 

U.S. Silver Announces Q2 2010 Production

 

U.S. Silver Reports First Quarter 2010 Results

 

U.S. Silver's Reserves Update & Option Grant

 

U.S. Silver Announces Record Production in Q4 09

 

U.S. Silver Reports Third Quarter Results & Operational Update

 

Recognia….Aug 10, 2010

Symmetrical Continuation Triangle (Bullish)

Target $0.29 - $0.31 (Target Hit Sept 07, 2010)

USA Price day before:$0.205 Finish day posting $0.225 Current:$0.44

-----June 29, 2010-------

Top Triangle

Target $0.13 - $0.15 (Target Missed)

USA Price day before:$0.225 Finish day posting $0.215 Current:$0.44

-----Jan 13, 2010-----

Bullish Bottom Triangle

Target $0.33 - $0.37 (Target Missed)

USA Price day before:$0.165 Finish day posting $0.19 Current:$0.44

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U.S. Silver Corporation

Short Positions

Date                 Outstanding  Price Range

Oct 01 to 15, 2010                          $0.59 to $0.36

Sept 16 to 30, 2010  400,000          $0.385 to $0.275

Sept 01 to 15, 2010    11,482          $0.295 to $0.255

Aug 16 to 31, 2010       8,000          $0.26 to $0.19

Aug 01 to 15, 2010              0          $0.23 to $0.20

July 16 to 30, 2010        5,000         $0.22 to $0.185

July 01 to 15, 2010        5,175         $0.23 to $0.185

June 16 to 30, 2010       5,196         $0.245 to $0.205

June 01 to 15, 2010     20,000         $0.23 to $0.20

May 16 to 31, 2010              0         $0.235 to $0.185

May 01 to 15, 2010     11,944         $0.265 to $0.165

Apr 16 to 30, 2010      10,000         $0.195 to $0.17

Apr 01 to 15, 2010      10,000         $0.185 to $0.16

Mar 16 to 31, 2010               0         $0.17 to $0.15

Mar 01 to 15, 2010           822         $0.18 to $0.155

Feb 16 to 28, 2010       25,000         $0.18 to $0.16

Feb 01 to 15, 2010       11,500         $0.18 to $0.15

Jan 16 to 31, 2010        10,000         $0.195 to $0.165

Jan 01 to 15, 2010        17,000         $0.195 to $0.165

Dec 16 to 31, 2009            308         $0.18 to $0.16