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 Silver Falcon Mining, Inc. (A Delaware Company) (NASDAQ OTC: SFMI), is a junior resource production company specializing in gold and silver properties. Silver Falcon Mining, Inc., has acquired the rights to develop and operate the mines of GoldCorp Holdings, Co., on War Eagle Mountain, situated on the Owyhee Gold Trend of the Silver City Mining District in southern Idaho.
The War Eagle properties of GoldCorp Holdings, Co., have produced approximately $ 270 Million in gold and silver to date, and are situated adjacent to the open-pit mines of Kinross Gold Co., ( NYSE : KGC ), which have produced approximately $ 1.8 Billion in gold and silver. Initial production on the mountain is scheduled for fiscal year 2009, with an estimated 15-20 year life-of-mines. Annual yield, at full capacity, is estimated to be $ 215 Million at $ 650 Gold. |
