- New Gold Recovery Plant Working Efficiently -
- Many 1/4 ounce to 1 1/2 ounce Gold Nuggets Showing -
- All Sizes Gold Being Caught -
- Work Being Done to Locate Source of the Placer Gold -
OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL
VANCOUVER, BC and FAIRBANKS, AK, July 14 /PRNewswire-FirstCall/ - We encourage shareholders to visit our website www.silverado.com to view the gold recovery plant working and the big gold being recovered. This gold exacts premium prices in sales to jewellers.
Silverado Gold Mines Ltd. - Nolan Gold Mine
PR Newswire - July 14, 2003 09:01
- New Gold Recovery Plant Working Efficiently -
- Many 1/4 ounce to 1 1/2 ounce Gold Nuggets Showing -
- All Sizes Gold Being Caught -
- Work Being Done to Locate Source of the Placer Gold -
OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL
VANCOUVER, BC and FAIRBANKS, AK, July 14 /PRNewswire-FirstCall/ - We encourage shareholders to visit our website www.silverado.com to view the gold recovery plant working and the big gold being recovered. This gold exacts premium prices in sales to jewellers.
We are nearing the completion of the tuning of the new gold recovery circuitry and two shifts will soon be processing gold.
We are presently mining Wool Bench where big nuggets are being recovered. We anticipate mining Wool Bench through the summer. This summer we will also process the 40,000 cubic yards of gold bearing gravel we mined from underground last winter on Nolan Deep Channel. We look forward to the gold obtained from processing this material.
In addition to the Placer work, we have geologic crews on the project correlating airborne and ground geophysics, geology, and geochemical soil sample data to locate the indicated nearby source of the Placer gold (lode deposit).
We will report on our first full clean up during the week of July 21, 2003. Other reports will be released as we do "clean ups" regularly through the summer; and as we make discoveries on the location of the source of the gold nuggets.
FOR MORE INFORMATION:
CONTACT:
Investor Relations: (800) 665-4646 or (604) 689-1535
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. Key factors that could cause actual results to differ materially from those described in forward-looking statements are:
(i) the ability of the Company to complete its planned mining activities during the current mining season;
(ii) the impact of weather on the Company's mining operations;
(iii) the ability of the Company to process the mined ore during summer season;
(iv) the concentrations of gold recovered from processed ore.
Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
E como esperado por estas alturas...Silverado Gold Mines Ltd. - Nolan Gold Mine
Scubawarrior
85
14-07-2003 08:20
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