Silver Falcon Mining, Inc. (SFMI) Takes War Eagle Mountain Tailings Dump Samples; Reports on Road
Posted on: Wednesday, 28 May 2008, 09:00 CDT
Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) today released the results of the first trip this year to the summit of War Eagle Mountain.
A cursory examination of the War Eagle tailings dump resulted in an upward revaluation of the quantity of ore held in that particular dump and samples taken at random showed definite signs of gold mineralization. In the coming weeks, a sufficient quantity will be taken and sent to our lab, for complete assays to be conducted and results will be published on our website.
The road up to the summit is still somewhat covered with snow from the 6,500 level to the top but appears to be in good condition, with only some surface grading required to fill in the ruts caused by the running waters of the spring snow melt.
Mr. Quilliam, President of Silver Falcon Mining, said: " Although this has been a record year for snowfall on the mountain, nature is rapidly melting the snowpack and we do not anticipate any abnormal delays in our plans to bring the ore from the mountain to the mill and the start up of production."
Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America. War Eagle Mountain has produced approximately 415,000 oz of Gold-equivalent to date, worth approximately $374 Million at today's prices.
For further information, contact, Rich Kaiser, Investor Relations 800-631-1827 and/or the Company, 941-761-7819, www.silverfalconmining.com.
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
Contact: RICH KAISER 800-631-8127
SOURCE: Silver Falcon Mining
Source: MARKET WIRE
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