SOURCE: Shoshone Silver/Gold Mining Company

Shoshone Silver/Gold Mining Company

December 14, 2009 07:00 ET

Shoshone Silver/Gold Leases Claims From Merger Mines Corporation

COEUR D' ALENE, ID--(Marketwire - December 14, 2009) - Shoshone Silver/Gold Mining Company (OTCBB: SHSH) announced today that it has reached an agreement with Merger Mines Corporation of Coeur d' Alene, Idaho to lease from them 35 patented mining claims in the heart of the Coeur d' Alene Mining District's "Silver Belt" located in Shoshone County between properties owned by Coeur d' Alene Mines and Sterling Mining Company. These claims represent Merger's entire interest in the Camp Project joint venture. Shoshone has a 15 year lease on the claims with an option to lease them for an additional 15 years. In return for their claims Merger will receive shares of Shoshone stock, a net smelter return, and annual advance royalty payments.

"The acquisition of these claims greatly enhances Shoshone's position in the heart of the Silver Valley. The exploration potential for the Merger claims is very promising which makes them an integral part of Shoshone's plans for the future," stated Shoshone's president Lex Smith.


Founded in 1969 as a silver exploration, development and production company, Shoshone maintains a diverse portfolio of mineral explorations projects in Idaho, Montana, Arizona and Washington. Shoshone stock trades on the Over the Counter Bulletin Boards under the symbol "SHSH," and on the Frankfort Exchange under the symbol "9IT."

This release contains certain forward-looking statements within the meaning of the Federal Securities Laws. Such statements are based on assumptions that the Company believes are reasonable but which are subject to a wide range of uncertainties and business risks. Factors that could cause actual results to differ from those anticipated are discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the fiscal year ended September 30, 2008.

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