um... news out folks
posted on
Apr 07, 2011 10:19AM
(Edit this Message from the "Fast Facts" Section)
News for 'SFMI' - (Silver Falcon Mining, Inc. (SFMI) Opens Its In-House Assay Laboratory)
MURPHY, ID, Apr 07, 2011 (MARKETWIRE via COMTEX) -- Silver Falcon Mining, Inc.
(OTCBB: SFMI) announces that it opens its metallurgical assay laboratory. With
its highly sophisticated scientific equipment, SF! MI's lab can process
metallurgical results on a daily basis. The speed of in-house assay results can
help management make necessary decisions on milling operations and projected
revenue expectations.
Management decided to build and equip its own assay lab facility after realizing
that 3rd party labs are backlogged and the timeliness of necessary results was
being foregone. Since this in-house lab equipment mirrors that of outsource
labs, management expects very limited deviation in results comparable to those
of the 3rd party. The Company will still use 3rd party outsource labs to verify
key assays necessary to validate results for revenue expectations.
This metallurgical lab will be run by a certified trained technician who has
many years of experiences in the metallurgical laboratory industry. This
individual begins Monday, April 11, 2011, under the title "Senior Laboratory
Technician."
Pierre Quilliam, CEO, Silver Falcon! Mining, Inc., states, "I'm excited that SFMI
now has an in-house assaying expertise with personnel and sophisticated
scientific equipment. This going forward provides timely, consistent information
regarding the functionality of the Diamond Creek Mill. The lab can better
determine mineral input/output conditions more rapidly, instead of weeks of
waiting from outside sources. Under the directive of our newly hired 'Senior
Laboratory Technician,' SFMI, with timely assays, can ensure better cost
management at the mill which will improve bottom-line revenues. Now, the Company
can better manage its ore bearing concentrates and be able to report more
frequently about assay results to our shareholders."
The Company will now be able to provide frequent assay reports to its
shareholders on in-house results going forward, with a reminder that such
results are in-house, pending 3rd party validations when necessary. Silver
Falcon Mining, Inc. sh! ould be able to publish assay reports in the ensuing days
ahead.
Further Information: contact Rich Kaiser, Investor Relations, 800-631-8127
and/or visit http://www.silverfalconmining.com.