SILVER FALCON MINING (SFMI)
REPORTS TAILING TONNAGE TO BE MOVED
BRADENTON, FL -- (MARKET WIRE) -- 07/14/08 -- Silver Falcon Mining, Inc. (OTCBB:SFMI.PK - News) today
released the results of tonnage calculations, conducted by one of their
contractors, on 13 tailings on War Eagle Mountain.
Belle Peck Pile : 30,000 tons
Belle Peck Landing Pile : 40,000 tons
Oso Pile : 15,000 tons
South Poorman # 1 Pile : 7,000 tons
South Poorman # 2 Pile : 4,000 tons
North Poorman # 1 Pile : 10,000 tons
North Poorman # 2 Pile : 2,000 tons @ 3.3 g/ton Gold and 94.5 g/ton
Jackson Pile : 18,000 tons
Illinois Central Pile : 20,000 tons
Empire Pile : 25,000 tons
Silver Cord # 1 Pile : 3,000 tons
Silver Cord # 2 Pile : 8,000 tons
War Eagle Pile : 20,000 tons @ 6.9 g/ton Gold and 50.9
For a total tonnage of 202,000 tons of tailings.
Mr. Pierre Quilliam, President, stated that, "This exceeds our previous
assessment and based on the results of the analysis done on some of the
tailings above, by Met-Solve Labs. Since the sample analyzed was from a
random selection of the surface of the tailings pile, the average value in
the waste reserves could be higher than the tested samples. Based upon these
sampling results, we look forward to receiving future reports on the more
valuable ore from other samples which are presently at the lab for assays."
Management will be reporting on additional tonnage on the remaining tailings
as they become available. All tailings will be transported to the Company's
mill in Melba, Idaho for milling production.
Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining roperties in North America.
For further information contact Investor Relations, Rich Kaiser, YES INTERNATIONAL, 800-631-8127.
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