SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

_________________

SCHEDULE 13G

INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.   )¹

Mines Management, Inc.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

603432105

(CUSIP Number)

November 5, 2007

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        Rule 13d-1(b)

        Rule 13d-1(c)

      Rule 13d-1(d)

_________________

         ¹ The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

CUSIP No. 603432105 13G Page 2 of 5 Pages

1) Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
Silver Wheaton Corp.

2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  [   ]
(b)  [   ]

3) SEC Use Only
  

4) Citizenship or Place of Organization
Ontario, Canada

Number of Shares Beneficially Owned by Each Reporting Person With:	(5)	Sole Voting Power 2,500,000 Common Shares
	(6)	Shared Voting Power 0
	(7)	Sole Dispositive Power 2,500,000 Common Shares
	(8)	Shared Dispositive Power 0

9) Aggregate Amount Beneficially Owned by Each Reporting Person
2,500,000 Common Shares

10) Check If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[   ]

11) Percent of Class Represented by Amount in Row (9)
11.2430%*

*Based on 19,736,067 outstanding shares of the issuer as of August 6, 2007, plus 2,500,000 common shares issued to the reporting person on November 5, 2007.

12) Type of Reporting Person (See Instructions)
CO

CUSIP No. 603432105 13G Page 3 of 5 Pages

Item 1 (a)	Name of Issuer:
	Mines Management, Inc.
Item 1 (b)	Address of Issuer's Principal Executive Offices:
	905 West Riverside Avenue, Suite 311 Spokane, Washington 99201
Item 2 (a)	Name of Person Filing: Silver Wheaton Corp.
Item 2 (b)	Address of Principal Business Office or, if none, Residence:
	Suite 3150, 666 Burrard Street Vancouver, British Columbia V6C 2X8 Canada
Item 2 (c)	Citizenship: Ontario, Canada
Item 2 (d)	Title of Class of Securities: Common Shares
Item 2 (e)	CUSIP Number:
	603432105

Item 3.	If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
	(a)	|_|	Broker or dealer registered under Section 15 of the Act.
	(b)	|_|	Bank as defined in Section 3(a)(6) of the Act.
	(c)	|_|	Insurance company as defined in Section 3(a)(19) of the Act.
	(d)	|_|	Investment company registered under Section 8 of the Investment Company Act.
	(e)	|_|	An investment adviser in accordance with Rule 13d-1(b)(1) (ii)(E);
	(f)	|_|	An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
	(g)	|_|	A parent holding company, in accordance with Rule 13d-1(b)(ii)(G);
	(h)	|_|	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
	(i)	|_|	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
	(j)	|_|	Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
			If this statement is filed pursuant to Rule 13d-1(c), check this box.

CUSIP No. 603432105 13G Page 4 of 5 Pages

Item 4.	Ownership.
	Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1.

(a)	Amount beneficially owned:
	See Item 9 on the cover page

(b)	Percent of Class:
	See Item 11 on the cover page

(c) Number of shares as to which such person has:

(i)     Sole power to vote or to direct the vote:   

(ii)    Shared power to vote or direct the vote:   

(iii)   Sole power to dispose or to direct the disposition of:   

(iv)    Sole power to dispose or to direct the disposition of:   

See Items 5-8 on cover page

Item 5.	Ownership of Five Percent or Less of a Class.
	If the statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ]
Item 6.	Ownership of More than Five Percent on Behalf of Another Person.
	N/A
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	N/A
Item 8.	Identification and Classification of Members of the Group. N/A

Item 9. Notice of Dissolution of Group.

N/A

CUSIP No. 603432105 13G Page 5 of 5 Pages

Item 10.	Certification.
	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

        After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

November 9, 2007

Silver Wheaton Corp.

By:   /s/ Michael Johnson                                  
         Name:   Michael Johnson
         Title:      Vice President, Legal