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BRADENTON,
FL -- (MARKET WIRE) � 04/21/08 --Silver Falcon Mining, Inc. (OTCBB: SFMI.PK - News) announces
the acquisition of mining rights from GoldCorp Holdings, Inc. to an
additional 160 acres of mineralization on War Eagle Mountain. Under the
terms, GoldCorp Holdings, Inc. amended the original mining rights agreement
between the two Companies, whereas SFMI can operate an additional 7 claims,
for 15 years with no additional earn-in expense. These 7 new War Eagle
Mountain mineralization bodies, called the �Cornice Zone,� adds to SILVER FALCON
Mining�s leases, making it a total of 15 lease claims and 14 mine shafts.
Prior to
staking the Cornice Zone, GoldCorp Holdings, Inc. obtained a detailed
exploration report of this unexplored area. D.A. Yeager�s and C.K.
Ikona�s report stated, �A soil sample survey was conducted over a portion
of the north-central part of War Eagle Mountain to Investigate the possible
existence of any overburden covered mineralized zones not previously
detected. A picket grid was laid out and a large number of gold and
silver soil anomalies are indicated in the grid area. A new zone of
coincident gold and silver geochemical values covers an area showing no
previous prospect pits or adits and thus represents a zone of previously
undetected mineralization. This area lies on the east edge of the central
ridge and is the site of a huge cornice that forms every year due to the
predominant west to east winter wind direction�.
Since glacial fields have been melting throughout the
western hemisphere, this has exposed rock structures recognized as part of
hyper-enriched epithermal deposits; similar to the early original �bonanza�-type
discoveries throughout the mountain.
Mr. Pierre Quilliam, President of SFMI, states,� This kind
of news is always welcome and the Cornice Zone exploration data suggests
that it should be a high-quality and highly-profitable endeavor. Since the
Mountain is now ending its winter season, we will start on the economic
determination of the geological magnitude of this discovery and these
claims.�
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.
ENDS
Investor Relations
Yes International Ltd.
Attn: Rich Kaiser
3419 Virginia Beach Blvd., #252
Virginia Beach, VA 23452
Tel: 757-306-6090
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