Free
Message: Silverado Gold Mine LTD. - Nolan Update April 2010

Dischino, clearly (at least to me) Gary is not allowed to put value estimates in a press release, especially the mining cost values even though they are NI-43-101 compliant methods for estimating costs.

What I like even more than almost $100MM gross probable and indicated Au and Sb in the ground to date is what this summer's drill program is going to reveal. This summer alone, Silverado will drill more holes, with more total feet of depth drilled, and deeper than ever drilled at Nolan (over 1000' deep on some holes).

Remember, grades are increasing with depth and the potential for larger and higher grade discoveries is exponential to the function of the accumulated knowledge from drilling and other sampling and geophysical testing since 2007.

I am 100% convinced that some one out there will debt finance Silverado the $10MM-$13MM needed for this program. Red tape and peripheral issues are the only things delaying the financing, IMHO.

Share
New Message
Please login to post a reply