"YYY" Corp. $4.50 on OTCBB, is “an emerging” mining company fo­cused on production and pursuing development of gold and silver projects that feature low operating cost and produce high return on capital invested. It is focused on upside exploration discovery…65 millon shares trading. They are building a company that will have cash flow…to build the company…but does not yet have any. It has 100% interest in four potential high-grade gold and silver properties in Mexico. It has years of drilling and assaying to do to build up its potential reserves. Infrastructure is 2 KM away. It’s open pit project looks good, averaging 7.5 gm gold and 63 gm silver on drill results and YYY is targeting for 70,000 oz. gold and 600,000 oz. of silver. They have intercepted a possible feeder vein. The deep deposit properties have multiple high grade (2 M of 25 gm/Ton) requiring exploration and drilling. The co. has “estimates” of its deposits being a total of over 1 million ounces. That is not a scoping study or feasebility study…it is an estimate.

“All three deposits discovered to date are within an important regional structural corridor over 16 kilometers long, all within YYY's land concessions. 8 kilometers of this corridor has returned high-grade rock chip surface samples, with the highest 115 samples, running over 0.43 ounce per tonne gold equivalent. Multiple targets exist along and around this regional corridor and YYY plans to explore many of these targets with cash flow from operations.

So, the above co. is trading o future expectations at $4.50??? What should SFMI trade at in comparison??? $1; $2???

SFMI: Soon to be listed on OTCBB.

Property: War Eagle Mountain, Silver City Mining District, southern Idaho

- The War Eagle Mountain property of SFMI has an historic production of underground, high grade gold/silver…adjacent to Kinross open pit property which produced $1.8 billion gold/silver.

- War Eagle is the eastern most and highest ore grade of the three gold peaks in the Qwyhee Gold Trend. …includes the most prolific and famous silver producing mine in the western U.S.

Idaho Bureau of Mines Report (2 page synopsis) on War Eagle Mountain reports:

- 3 primary gold and silver veins; “Oro Fino”, “Central” and “Poorman”.

- Oro Fino: over 12,000 ft., .5 to 25 ft. thick, grading .5 to 1.25 oz/ton….with 6 known associated veins.

- 40 other offshoots/veins associated with Oro Fino and Poorman veins.

- Another vein, Cumberland, produced very rich ore.

- Ore produced has averaged 2.52 oz./ton. gold (gold/silver combined).

- War Eagle production ratio was 1:14: 1 oz. gold to 14 oz. silver.

- Several large pockets of very rich ore, “hot spots”, are scattered throughout the mountain with grades of 25 oz. gold equivalent /ton….to 90-300 oz/ton.

- Estimates of reserves range from 500,000 to 3 million oz gold… confirmed by recent surveys …

- and with silver values added these reserves could reach 5 to 8 million ounces of gold equivalent. (rare precious metals analysis to be completed on assay samples re June 17th NR, ie; Rhodium in mineable concentrations).

- High grade veins are open at length and to depth in some areas.

- Considerable promise for future activity.

Idaho Geological (library) Report: highlights (thanks to ed86…2/27/09 posting on Stockhouse):

- prospecting laterally and at depth is justified.

- Average ratio from production reveal a 1:30 ratio of gold/silver. (differs with Idaho bureau Report of 1:14 ratio).

- Richest ore concentrations found where such veins as Oro Fin, Golden Chariot, Poorman and others were cross fractures intersected them…which require careful observation.

- Ore shoots (profitably extractable areas of veins) of up to 500 ft. horizontally, extend to the greatest depths mined (1500 ft.).

- Ore shoots are irregular and vary from lean to rich. It is possible that previous workings at depth were done in the most unpromising areas of the veins, without sufficient knowledge of such geological features as pitch.

- Previous operators “took out such ore as could be obtained with a minimum of development work”. (remember that anything under 2 oz. gold was not considered economical at that time; up to 1933).

- “In fact, it is believed that never before or since has so little real exploratory work been done in so important a mining district”.

- Revised estimate of production commencing ???/09 with tailings processing; to reach 70 to 100 tons/day this year... Annual yield at full capacity estim. $330 million at $1000 gold…estim. mine life 15 to 20 years.

- Mill production (no longer in Melba): Idaho @ 70 ton/day with 100 ton/day anticipated to follow.

- No need for leaching/processing permit as a water gravity system has been approved…

- Over 36 tailings stockpiles include muck production ore left in the Illinois shaft from 1909. 16 tailings dumps are being targeted by SFMI.

See metallurgical Summary done by Met-Solve Labs of Burnaby, B.C., of March 13th, 08.