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SLGLF – Silverado Gold Mines

SLGLF

Silverado Gold Mines Ltd. (SLGLF) has committed over three decades of work to the exploration, development and test mining of gold properties throughout North America. In the mid-1980s, the Company decided to focus its efforts in Alaska. SLGLF has extensive experience in geological, geochemical and geophysical exploration techniques. The Company’s mineral holdings are located in the Fairbanks Mining District and in the Koyukuk Mining District, consisting of both lode and placer mining claims. At the present time, the primary focus is the exploration and development of the Nolan Gold Project and the Hammond property located 175 miles north of Fairbanks, Alaska. SLGLF also is continuing with exploration activities on the Eagle Creek Property and the Ester Dome Project, which are both located in the Fairbanks Mining District. The Combined Probable Reserve and Indicated Resource Metal Value is 54,451 tons, or approximately $73.3 million in antimony and $20.8 million in gold, subject to estimated pricing and other assumptions outlined in detail in the NI43-101 available at the Company website. There is 34,206 tons of additional inferred resource and SLGLF has identified at least one sub-parallel system indicated on the property.

Silverado Gold Mines LTD is a mining exploration enterprise on the verge of entering “Production Phase” for their Nolan project. The Company has spent approximately $36 million acquiring, exploring, and test exploration on the Nolan Gold Project. According to CEO & President Garry L. Anselmo, the company is very close to disclosing their plan to initiate production.

Nolan Creek project overview:
http://www.silverado.com/projects/nolan-creek/
Project map –> http://www.silverado.com/d/m1m2.pdf

http://www.silverado.com/

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