Silver Falcon Mining, Inc. (SFMI) Provides Update on Operations
BRADENTON, FL -- (MARKET WIRE) -- 01/15/09 -- Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) today updates its readiness to become a gold and silver producer within the next few weeks at its Melba, Idaho mill.
Subject to final certification by the various regulatory agencies, startup will be conducted and once the full milling circuit is online, the company has decided to go into production on a 24-hours continuous basis to increase precious metal production output.
The Company’s management is in the process of hiring two contractors who are former Kinross Gold employees, to get us past the winter doldrums and help with mill operations.
The main supplier of the SFMI’s mill equipment, RMS Ross of Chilliwack, British Columbia, Canada, is scheduling one of its engineers to be on site, starting this month, to help with final details on setting up and starting the mill.
SFMI’s acquisition of the Sinker Tunnel has, at long last, been completed and recorded with the registrar of Owyhee County.
The auditors notified management that the financial audit will be completed in two weeks and the legal work on the filing of registration documents with the United States Securities and Exchange Commission will then move forward.
Mr. Pierre Quilliam, President of Silver Falcon Mining, Inc. ,said, “We are very busy with last minute adjustments and preparation to what we hope will be an exciting and productive year for SFMI.”
Silver Falcon Mining, Inc, is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America.
Further Information contact Rich Kaiser, Investor Relations 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.
Silver Falcon Mining cautions that 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