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Essential Metals Corporation®, a wholly owned subsidiary of Formation Capital Corporation, announced in June of 2004 that the Sunshine Precious Metals Refinery, is back open for business and is currently accepting customers for the refining of silver and gold. Located in the world famous Silver Valley of the Coeur d'Alene mining district in northern Idaho, it provides customers ready access from both the Missoula, Montana and Spokane, Washington International airports. Other gateways include Calgary, Alberta and Seattle, Washington International airports.

In previous operations, the Sunshine Precious Metals Refinery has widely been recognized as among the best quality refiners, with consistent fineness of 999.9 silver or better and 999.9 gold or better. Core management from these previous operations have been retained by Essential Metals Corporation® for their expertise in operating the facility. High quality premium silver can also be provided with a certified minimum quality of 999.99 fineness.

The Sunshine Precious Metals Refinery is a zero discharge, expansion capable facility that continues to escalate production. The refining facility is currently best equipped to refine doré metal and high grade silver residue utilizing state-of- the-art processes and equipment. The refinery also accepts gold doré and other high content gold material.