Silver Falcon Mining, Inc. (SFMI) is a junior resource production company focused on gold and silver properties. The Company has acquired the rights to develop and operate the mines of GoldCorp Holdings, Co., on War Eagle Mountain, which is located on the Owyhee Gold Trend of the Silver City Mining District in southern Idaho.
To date, the War Eagle properties have produced around $270 million in gold and silver. The properties are ideally bordering the open-pit mines of Kinross Gold Co. (KGC) which have produced approximately $1.8 Billion in gold and silver.
Silver Falcon Mining anticipates assuming production responsibilities on War Eagle Mountain throughout FY 2008. The life of the mines are expected to be 15-20 years with annual production projected to reach 331,000 oz of Gold equivalent once all mines reach full capacity.
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