PRESS RELEASE: - May 8, 2008
SILVERADO GOLD MINES 'STRIKES IT BIG' WITH THE HISTORY CHANNEL'S 'TOUGHER IN ALASKA' TV SERIES
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PRESS RELEASE: - MAY 5, 2008
$41,200,000 OF INFERRED IN-PLACE ANTIMONY RESOURCE CALCULATED IN ONE SMALL SEGMENT OF THE NOLAN PROPERTY READ
SILVERADO GOLD MINES LTD.
SILVERADO has committed over 3 decades of work to the exploration, development and test mining of gold properties throughout North America. In the mid-1980 ’s, the Company decided to focus all its efforts in Alaska. Since then it has sold $20 Million USD of gold and silver bars and gold nuggets derived from test mining on a small but representative part of its extensive property holdings, wherein 354,686 troy ounces of gold resources have been delineated by mining and drilling.
SILVERADO has been working six years with the head of its Green Fuel Division, Dr. Warrack Willson, who is an industry leader in the development of low-rank coal-water fuels (LRCWF). This fuel is made from hydrothermally treated low-rank coals (LRCs), sub-bituminous, lignitic, and brown coals. It is a low cost, non-toxic, non-hazardous and environmentally friendly substitute for petroleum derived fuels mainly in industrial and utility boilers, gasifiers, and other advanced combustors. Initial process economics indicate that LRCWF can be produced from any American LRC for under $15 per barrel, on an oil equivalent energy basis.
On April 9, 2007, Mississippi Governor Haley Barbour and Congressman Roger Wicker joined other state officials to kick off the Silverado Green Fuel Demonstration Project with a ground-breaking ceremony at the Red Hills EcoPlex site.
