Star Mountain Resources, Inc. (SMRS) Investor Relations Kit - page 4

Massive sulfide zinc mineralization was first recognized in the Balmat-
Edwards district in 1838 and first production began in 1915. Since
then, the district has produced in excess of 43 million tons of ore from
the Balmat, Edwards, Hyatt, and Pierrepont mine complexes with aver-
age grades ranging from 8.6% Zn to 16.4% Zn. The Balmat Mine
operated continuously from 1930 – 2003, when production ceased
due to depressed zinc metal prices. Production resumed in 2006 to
directly address a projected, short term concentrate shortfall at the
parent company’s smelter. The mine was closed and placed on care and
maintenance in the fall of 2008 after the projected smelter need was
addressed, in the face of a general economic turndown and resulting
fall in zinc prices. The Balmat mine has produced a total of 30.7 million
tons grading 8.6% zinc. The mine is fully permitted and in compliance
with all current Federal and State mining regulations and is currently
on care and maintenance status.
Balmat Zinc Mine
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