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SILVER FALCON MINING (SFMI)
REPORTS TAILING TONNAGE TO BE MOVED
BRADENTON, FL -- (MARKET WIRE) - 07/16/08
-- Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) 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/tonSilver
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 50.9g/ton Silver
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 properties in North America.
Further Information
contact Rich Kaiser, Investor Relations 800-631-1827 and/or the
Company at 941-761-7819, 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.
ENDS
Investor Relations
Yes International Ltd.
Attn: Rich Kaiser
3419 Virginia Beach Blvd., #252
Virginia Beach, VA 23452
Tel: 757-306-6090
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