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Horn Silver Mines, Inc.
3115 East Lion Lane , Suite 160 , Holladay, Utah, United States

Memberships : NA
Industry : Silver
Basic Member
Since May, 2020
About Company

Horn Silver Mines, Inc. (Horn Silver) was incorporated under the laws of the state of Utah in 1971. In July, 1974, Horn Silver negotiated the acquisition of two mining contracts to mine and operate the old Horn Silver Mine properties consisting of 240 patented mining claims located near Frisco, Utah, in the San Francisco Mining District of Beaver County, Utah.

On August 12, 1980, Horn Silver completed a Regulation A offering of its common stock. Horn Silver sold the entire offering of 50 million shares at a price of $0.02 per-share. The net cash proceeds from this offering to Horn Silver, after deducting underwriting commissions and other expenses of the offering, was $815,800. Horn Silver used $ 200,000 of the net proceeds to exercise the option to purchase a 40% interest in the 240 mining claims from Wangenheim & Wagner, a California limited partnership.

On June 30, 1983, stockholders of Horn Silver approved a proposed merger between Horn Silver and Tintic Mineral Resources Inc. As a result of the merger, Tintic was merged into Horn Silver. Horn Silver became the surviving corporation. Under the terms of the merger agreement, the holders of Tintic common stock became entitled to five shares of Horn Silver common stock for each of their shares of common stock. The principal asset of Tintic was a 60% interest in the Horn Silver Mine properties. As a result of this merger Horn Silver Mines, Inc. acquired the balance of a 100% interest in the 240 mining claims.

In 1989, Horn Silver acquired a one half interest in the Imperial Mine and adjacent mining claims that adjoin Horn Silver Mine properties. The Imperial mine consists of seven patented mining claims covering 105 acres.

Between 1989 and 1997 considerable exploration was conducted on the mining claims by both Horn Silver and third party lessees. A

Company NameHorn Silver Mines, Inc.
Business CategorySilver
Address3115 East Lion Lane
Suite 160
United States
ZIP: 84121
Year Established1971
Hours of OperationNA
Company Services
  • Silver Mining And Exploration
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