SOURCE: Silver Falcon Mining, Inc.

July 07, 2008 09:15 ET

Silver Falcon Mining, Inc. (SFMI) Reports Second Assay Results From Tailings

BRADENTON, FL--(Marketwire - July 7, 2008) - Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) today released the results of the second assay, conducted by Met-Solve Laboratories, Inc. of Burnaby, BC, Canada, on the tailings to be moved from War Eagle Mountain to its mill in Melba, Idaho.

The independent analysis program was conducted on the tailings, taken in June 2008, from the mountain. These tailings are the source of the precious metals slated to be separated at the mill and will be transported to the mill in the next few weeks. Sampling analysis indicates that this second target area contains a good percentage of gold with a majority of free-milling silver; rare earth metals/elements results pending.

Mr. Pierre Quilliam, President, states, "This confirms our previous assessment and the results of the analysis done on the tailings, according to Met-Solve Labs, these latest samples from the tailings contain 6.9 g/ton Gold and 50.9 g/ton Silver. Since the sample analyzed was from a random selection of the surface of the tailings pile, the average value in the waste reserves could be higher than the tested samples. Based upon these sampling results, we look forward to receiving future reports on the more valuable ore from other samples which are presently at the lab for assays."

Visit www.silverfalconmining.com to review the completed assay report received from Met-Solve Labs, Inc.

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

For further information about SFMI and this release, contact Rich Kaiser, Investor Relations, #800-631-8127 and/or the Company, #941-761-7819.

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
    #800-631-8127

    Silver Falcon Mining, Inc.
    #941-761-7819