SOURCE: Silver Falcon Mining, Inc.

Silver Falcon Mining, Inc.

March 26, 2014 09:15 ET

Silver Falcon Mining, Inc. (SFMI) Provides Operational Update

BRADENTON, FL--(Marketwired - Mar 26, 2014) - Silver Falcon Mining, Inc. (OTCBB: SFMI) provides an operational update on its mining and milling activities at both it Diamond Creek Mill and holdings at its War Eagle Mountain site.

Mill Update

Maintenance at the Diamond Creek Mill proceeded at a scheduled pace during this past winter. Ore processing will commence shortly from 3rd party tolling contract(s) which will bring in revenue based on tonnage being delivered from the tolling customer(s).

Sinker Tunnel

The Sinker Tunnel has been secured and the access to the area and its adit were maintained throughout this past winter in preparation for a renewed effort at surveying and evaluating the size of the precious metal deposit in the mountain.

Instrument 43-101

The Company's initial publication of the Canadian National Instrument 43-101 (NI 43-101), written to reflect the intrinsic value of the War Eagle Mountain holdings continues to progress. The Company reported in December 2013 that they retained the services of Hanych Geological Consulting, of Collingwood, Ontario, Canada. Hanych will compile, write and publish this NI 43-101 resource/reserve report on behalf of SFMI.

About Silver Falcon Mining, Inc.

SFMI has mineral rights to approximately 1,300 acres on War Eagle Mountain in southern Idaho; Its Diamond Creek Mill is situated at the foot of War Eagle Mountain and is serviced by 6.2 miles of paved roads from State Highway 78. It maintains year round access to the Sinker Tunnel which will facilitate underground mining of the rich veins crisscrossing the mountain above it and will provide the area population, with employment and services.

For further information, contact Mr. Richard Kaiser, Investor Relations, 757-306-6090 and/or 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
    Investor Relations
    757-306-6090