October 07, 2009 16:25 ET

Silver Falcon Mining, Inc. (SFMI): Gold Hits Historic High; Company's Mill Zoning Approved

MURPHY, ID--(Marketwire - October 7, 2009) - Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) is happy to announce today that the Owyhee Board of Commissioners, at this morning's regularly scheduled meeting, granted the Company's request to change its 100% owned Diamond Creek Mill, property's zoning, to a "MINERAL PROCESSING PROPERTY" zone.

Mr. Pierre Quilliam, President of Silver Falcon mining, Inc, said, "Today, Gold hit $1041 per ounce, a historic high. This is also a historic day for the company, whereas our gold mill site is zoned properly for future production of precious metal concentrates. The Company can now finally assemble its mill circuit components on-site at an accelerated pace on its Diamond Creek Mill property/ facility."

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 800-631-8127 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.

Contact Information

  • Contact:
    Rich Kaiser
    800-631-8127