VANCOUVER, Nov. 26 /CNW/ - Silverado Green Fuel Inc. (Trading Symbols,
OTC BB - SLGLF, FRANKFURT - SLGL): - Silverado Green Fuel Inc., the world
leader in low rank coal-to-liquid fuel technology, remains committed to
America's energy self-sufficiency, security and domestic energy supply.
Silverado is a partner in an upcoming $26 million Demonstration Plant Joint
Venture with the State of Mississippi. In the United States, low rank coal
represents centuries of domestic energy resources, and is currently a highly
Silverado Green Fuel is produced without releasing any harmful emissions
into the air. Initial production costs are estimated at under US$15 per
barrel, on an oil equivalent energy basis, compared to current $90-$100/barrel
crude oil prices.
A Silverado Green Fuel production facility can be established anywhere in
the world where there is a supply of low rank coal, combined with a need for
environmentally friendly and reasonably low cost, readily available energy.
China is one target market that Silverado has identified.
The company is pleased to announce that Synergy Management Group Ltd. has
been contracted to spearhead its "Silverado Asian Business Development Team".
Synergy is a North American-China consulting firm specializing in joint
ventures, strategic partnerships, and investment. Synergy maintains offices in
North America, and Associates in China (Beijing, Hong Kong, Shanghai and
Synergy represents an extensive network of key China-based contacts. The
company's North America-China, deal-making expertise has assisted a number of
other North American companies in successfully accessing the China
marketplace. Synergy also delivers 'Think China' government and business
workshops, and provides corporate mentoring.
Coal represents 90% of China's primary energy deposits. Experts predict
that coal will represent 50% to 70% of China's primary energy consumption in
the coming 30-50 years. China's total coal reserve is more than one trillion
China's economic growth represents an insatiable appetite for energy, and
creates environmental issues. China's major coal, oil and energy companies,
are turning toward global technologies such as those offered by Silverado
Green Fuel Inc. Silverado can respond to enhancing China's domestic energy
output, utilizing China's abundant coal reserves.
Green Fuel can be used to power oil-fired power plants directly, or be
used as a feedstock for further processing to produce transportation fuels
(jet, diesel, gasoline), key agricultural compounds (fertilizers, synthetic
petrochemical feedstocks, urea), industrial products (oils, lubricants,
synthetics) and even consumer products (plastics, packaging, etc.). Silverado
Green Fuel can also be further processed to produce pure, clean hydrogen to
power fuel cell automobiles and electric generation (power) plants.
Silverado Gold Mines Ltd.
Silverado is an international company focused on Gold and a new
environmentally friendly Fuel Technology. Silverado has gold properties
located throughout Alaska which include the 100% owned Nolan Placer Gold Mine.
Silverado Green Fuel Inc. is a wholly owned subsidiary of its publicly traded
parent, Silverado Gold Mines Ltd. Trading Symbols, OTC BB - SLGLF, FRANKFURT -
Suite 1820 - 1111 West Georgia Street, Vancouver, British Columbia,
Canada V6E 4M3, Telephone: (604) 689-1535, Facsimile: (604) 682-3519
Silverado Green Fuel Inc. www.silveradogreenfuel.com
To learn more about Silverado Green Fuel, and the Process, visit:
Silverado Gold Mines Ltd. www.silverado.com
More Information? http://www.silverado.com/investors/request/
Recent Media and Press Releases
Silverado Green Fuel Inc.
Nov 14/07: CHINA JOINT VENTURE OPPORTUNITIES EXPLORED BY SILVERADO GREEN
Nov 5/07: NON POLLUTING $15/BARREL 'GREEN' FUEL BASE REPLACES
SKYROCKETING $90-100/BARREL CRUDE OIL
This Press Release received widespread coverage, including Yahoo!Finance,
Los Angeles Times Business, bizjournals, MarketWatch, MSN.Money, PR NewsWire,
Excite Money and Investing, Comtex NewsNet, MyWay, ADVFN, Chroncilcle.com
Houston, EarthTimes, Centre for Energy, Boise@mania, Breitbart.com, WFAA.Com
Dallas, Myson.de Germany, and others.
Silverado Gold Mines Ltd.
Nov 19/07: SILVERADO INVESTS OVER $1 MILLION TO CARRY OUT YEAR ROUND,
UNDERGROUND HIGH GRADE ANTIMONY AND GOLD EXPLORATION
Nov 7/07: SILVERADO GOLD MINES LTD (SLGLF) IN POSITIVE TECHNICAL REPORT
ISSUED BY www.TradeSystemGuru.com
Oct 31/07: SILVERADO GOLD MINES LTD. (SLGLF) SqueezeTrigger PRICE IS
$0.099. APPROXIMATELY 143.4 MILLION SHARES SHORTED SINCE NOVEMBER 2005
ACCORDING TO Buyins.net RESEARCH REPORT
This Press Release may contain, in addition to historical information,
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These statements are based on management's expectations and
beliefs, and involve risks and uncertainties. These statements may involve
known and unknown risks and uncertainties and other factors that may cause the
actual results to be materially different from the results implied herein.
Readers are cautioned not to place undue reliance on the forward-looking
statements made in this Press Release.
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