SOURCE: Silver Falcon Mining, Inc.

SFMI, Gold Mining, Idaho Mining District,  Murphy, ID. War Eagle Mountain

November 17, 2009 09:00 ET

Silver Falcon Mining, Inc. (SFMI): Update on Illinois Central Ore Dumps and Mill Construction

MURPHY, ID--(Marketwire - November 17, 2009) - Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) has begun moving the ore dumps from the Illinois Central Veins on War Eagle Mountain to the stockpile at the Diamond Creek Mill site.

GoldCorp Holdings built a new road on its property in order to provide SFMI more access to richer tailings atop War Eagle Mountain. A fleet of trucks will move as much ore as possible down the mountain to SFMI's 100% owned Diamond Creek Mill and will continue this transport until the weather becomes impossible to deal with in an economical manner. Combined with the ore already being delivered from SFMI's former Melba site, the Diamond Creek Mill will have enough material to process throughout the winter months. Once spring arrives, SFMI will recommence ore delivery to provide a consistent mill feed stock throughout the 2010 operational cycle.

The Illinois-Central veins, on War Eagle Mountain, produced some of the highest gold and silver returns per ton in the late 19th century and have not been mined consistently since that time. Ore mined late in the 1800's was reported to be 3.6 oz per ton. Combined with the ore from the Belle Peck, production will, in the opinion of our experts, be increased measurably.

On another front, the all steel mill building ordered from SFMI's supplier has arrived on site, in perfect order, and the foundations and surface plates are due to be poured this week.

Mr. Pierre Quilliam said, "The Illinois-Central vein is one of the primary targets of the Company for early development. We look forward to developing a strategy for recommencing ore production from this vein. Currently, we are beginning the refurbishing process for the Sinker tunnel, to allow our geologist and surveyors to work in the tunnel during the winter months."

Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America.

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.

Contact Information

  • Contact: Rich Kaiser