Silver Falcon Mining’s Stake
Silver Falcon Mining Inc. has acquired the rights to develop and operate the mines of GoldCorp Holdings Co., on War Eagle Mountain, situated on the Owyhee Gold Trend of the Silver Mining District in southern Idaho.
The War Eagle properties of GoldCorp Holdings Co. have produced approximately $270 Million in gold and silver to date, and are situated adjacent to the open-pit mines of Kinross Gold Co. (NYSE : KGC), which have produced approximately $1.8 Billion in gold and silver.
War Eagle Mountain
Silver Falcon Mining, Inc., has acquired the rights to develop and operate the mines of GoldCorp Holdings, Co., on War Eagle Mountain, south of Boise, Idaho. The GoldCorp Holdings, Co., properties are adjacent to the open-pit mines of Kinross Gold Co., (NYSE-KGC).
Silver Falcon Mining, inc., expects to assume production responsibilities on War Eagle Mountain during fiscal year 2008.
The mines of War Eagle Mountain have produced the following yields :
The company has relatively no exposure to foreign exchange fluctuations.
Yes International Ltd.
Attn: Rich Kaiser
3419 Virginia Beach Blvd., #252
Virginia Beach, VA 23452
Phone: (757) 306-6090
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.
Forward Looking Statements: The information in this release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, fluctuations in foreign currency exchange, the impact of competitive services and pricing, or general economic risks and uncertainties.
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