Silver Falcon Mining, Inc. (SFMI) Hires Deep Rock Engineering, Inc.
BRADENTON, FL -- (MARKET WIRE) -- 11/20/07 -- Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) today announced the signing of an engineering and development agreement, on a cost plus basis, with Deep Rock Engineering, Inc., of Cheyenne, WY, for services to be provided on War Eagle Mountain, a Gold property on which Silver Falcon Mining, Inc. has the developmental and operating rights to (14) deep-shaft mines covering the Mountains' primary epithermal Gold and Silver-producing veins. War Eagle Mountain has produced approximately 415,000 oz of Gold-equivalent to date, worth $ 270 Million.
The mines of War Eagle Mountain are adjacent to the open-pit Gold and Silver mines of DeLamar Mountain and Florida Mountain, each owned by Kinross Gold Co. and are south of Boise, Idaho, in the Silver City Mining District. The DeLamar Mountain open-pit operation of Kinross Gold Co. produced approximately 67 Million oz of Silver, and 1 Million oz of Gold, worth $ 1.6 Billion.
Mr. Pierre Quilliam, President of Silver Falcon Mining, Inc., commented that "Deep Rock Engineering, Inc. will provide the company with preliminary data concerning structural and processing design, equipment requirements, and overall strategies for commencing the development of the resources on War Eagle Mountain. It will be their responsibility to assemble teams and equipment necessary to begin the initial processing of the ore dumps on War Eagle in the spring of 2008; and, the examination of the existing mines for early development. We look forward to working with Deep Rock."
Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America.
For further information about this SFMI release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, 800-631-8127 and/or www.silverfalconmining.com.
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
Yes International Ltd.
Attn: Rich Kaiser
3419 Virginia Beach Blvd., #252
Virginia Beach, VA 23452