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Message: Re: Form 10-Q for Silverado Gold Mines Ltd.

Re: Form 10-Q for Silverado Gold Mines Ltd.

posted on Oct 15, 2009 04:51PM

It doesn't sound like anything new. Pretty much what has already been said in previous news releases. Still must obtain permits, but state "they are agressively pursuing permits needed". Still some environmental work to be done. They are moving ahead towards being in production, and still have to do 1000 ton bulk sample, which they have permits for. Best hope is that remaining core samples show more than an expansion of resources but maybe something closer to "bonanza" grades. The good thing is that they state that the Workman's bench area of the Nolan is a "viable" location for production.

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