RE: RE: RE: Cash Cost / oz?A recently published 43-101 Report shows that as of January 2008, USSilver is sitting on Reserves of 18 million ounces Silver, 4790 tonsCopper and 27,000 tons Lead. Measured and Indicated Resources tip thescales at 12.5 million ounces Silver, 3500 tons Copper and 20,000 tonsLead. Inferred Resources come in at 18 million ounces Silver, 3600 tonsCopper and 67,000 tons Lead. US Silver reckons this is enough ore tomine for up to 14 years at an average cash cost of $7/ounce of Silverequivalent. This resource estimate will be updated soon and anyincreases to the resources will be received favorably by the markets.In the meantime, US Silver continues to drill to even further expandits resources. 2008 will see some 80,000 feet of underground drillingalong with 10,000 feet of surface drilling.
---from the candian small caps forum