SOURCE: Silver Falcon Mining, Inc.

SFMI, War Eagle Mountain, Idaho, Gold, Silver, Mining, Toronto Stock Exchange, Gold Mine

April 07, 2011 09:15 ET

Silver Falcon Mining, Inc. (SFMI) Opens Its In-House Assay Laboratory

MURPHY, ID--(Marketwire - April 7, 2011) - Silver Falcon Mining, Inc. (OTCBB: SFMI) announces that it opens its metallurgical assay laboratory. With its highly sophisticated scientific equipment, SFMI'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. should 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.

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 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
    Investor Relations
    800-631-8127