Aber wieder einmal nur über die paar Goldnuggets im "alter Schwede- kanal" und nicht über green fuel ;-( Das bringt die Aktie nicht wirklich auf 0,89 ;-)
Travel underground into the gold deposits of Swede Channel
Thursday March 16, 9:30 am ET
SILVERADO - OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL
FAIRBANKS, AK, VANCOUVER, March 16 /PRNewswire-FirstCall/ - Click on this link to view a short video taking you underground into the Swede Gold deposits. www.silverado.com/march2006video
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Silverado's Nolan Gold Mine is located 175 road miles north of Fairbanks, Alaska.
With the winter underground program coming to an end for the season, the crew will continue work for approximately two more weeks and then seal off the tunnel entrance to prevent inflow of warm summer air in order to preserve the underground development workings for next winter's gold bearing gravel extraction. This winter's work marks the end of the current development phase. Gold recovery will take place this summer and gold bearing gravel extraction will begin again in October 2006.
In the meantime, water ponds will be cut and gold recovery equipment will be up-graded as we get ready to process the stockpiled gold bearing gravel and bedrock beginning when the water runs around mid June. The project is running substantially under budget.
We look forward to good gold recoveries and to good results from summer drilling. The drilling is designed to delineate further gold bearing gravel for extraction next winter.
Our plan is to operate year round for many years to come on this extensively mineralized and famous historic gold mine.
This press release was prepared by Edward J. Armstrong, CPG, a qualified person under NI 43-101 standards.
To learn more about Silverado Gold Mines Ltd., visit us online at www.silverado.com or contact Bob Dynes, Investor relations, toll free at 1-800-665-4646
This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.