Interest and Demand Intensifies for Silverado Green Fuel. Silverado to Go Directly to Commercial Production Plant.



    VANCOUVER, March 11 /CNW/ - Silverado Green Fuel Inc. (Subsidiary of
Silverado Gold Mines Ltd. - Trading Symbols - OTC BB - SLGLF, FRANKFURT -
SLGL) : - Silverado Green Fuel Inc. is at the forefront of one of the U.S.'s
highest priorities in domestic energy supply and security, namely
coal-to-liquid fuel.
    "Silverado Green Fuel is very much a team effort." stated Garry L.
Anselmo, Silverado President and CEO. "There have been discussions between our
own Technology, Engineering and Management Team and the State of Mississippi,
and we are of one mind to go forward with planning for a larger scale
commercial plant. Silverado Green Fuel Inc. is now being market and demand
driven."
    Originally planned as a 'Demonstration Plant', technical and engineering
work is underway to scale-up the plans for the proposed facility to a full
size 'Green Fuel Commercial Plant'. The Technical/Development Plan in progress
will identify costs, budgets, and technical issues. Based on utilizing
Mississippi lignite, Silverado will generate a step-by-step 'Silverado Green
Fuel Facility Design and Implementation Action Plan'.

    Silverado Funds Initial Mississippi Lignite Evaluation and Feasibility
    ----------------------------------------------------------------------
    Study
    -----
    Considerable hydrothermal treatment research has already been done with
numerous Low Rank Coals from around the world. However, understanding the
unique properties of Mississippi lignite is critical in fine tuning the
commercial production of Green Fuel. Consequently, Silverado is providing a
$150,000 grant to the Mineral Industry Research Lab, University of Alaska
(Fairbanks) to use their expertise and unique mini-reactor apparatus to
develop this data.
    In addition, Great Northern Engineering of Palmer, Alaska, which has
provided technical and engineering guidance during technology development, has
been awarded a contract for $21,500 to assist with the initial commercial
feasibility study.
    The work being carried out at the University of Alaska, and at Great
Northern Engineering, will be integrated into the 'Silverado Green Fuel
Facility Design and Implementation Action Plan'.

    In The United States, Low Rank Coal Represents Centuries of Domestic
    --------------------------------------------------------------------
    Energy Resources, and is Currently a Highly Under-Utilized Resource
    -------------------------------------------------------------------
    "Achieving energy independence and significantly reducing greenhouse gas
emissions are two of the greatest challenges America faces. With the right
technological innovations, coal has the potential to be a cleaner burning,
domestic alternative to imported oil"......" "Moving forward, I believe we
should invest in coal-to-liquid fuels..." - Barrack Obama
    "We will accelerate the production of advanced coal technology." -
Hillary R. Clinton
    "We must adapt technologies to give our kids a better world"....."All
sources of energy need to be developed."...."We have to reduce our dependence
on foreign oil (Venezuela, Nigeria, Iraq, Iran, Russia, Saudi Arabia)." - John
McCain

    Crude Oil is Over $104/Barrel (March 6/08), Many Times the Cost of
    ------------------------------------------------------------------
    Silverado Green Fuel!
    ---------------------
    Despite escalating costs for equipment and materials caused by runaway
fuel costs, Silverado estimates that its Green Fuel can be produced
commercially for under $20 per barrel, on an oil equivalent energy basis.
Costs are coal and site specific. Given that Green Fuel costs will be only a
fraction of oil prices, profit margins are expected to be significant.
    Silverado Green Fuel will be commercially produced virtually emission
free in respect to particulate matter, sulfur, and heavy metals. CO(2)
generated during production can be recovered efficiently and sold for enhanced
oil recovery.
    Green Fuel can be used to power oil-fired power plants and industrial
boilers. It is also a good feedstock for some advanced gasifiers to produce
synthesis gas, which can be fired in turbines to generate power in IGCC plants
and catalytically reacted to yield transportation fuels, petrochemicals and
fertilizers. Synthesis gas can be further processed to yield only hydrogen,
the only feedstock that truly does not produce any CO(2) when combusted or
reacted in fuel cells.

    Contact Information - Silverado Gold Mines Ltd.
    -----------------------------------------------
    Silverado is an international company focused on gold exploration, and a
new environmentally friendly Fuel Technology. Silverado has gold properties
located throughout Alaska which include the 100% owned Nolan Placer Gold Mine.
Trading Symbols, OTC BB - SLGLF, FRANKFURT - SLGL

    To learn more about Silverado Green Fuel Inc. and watch the Green Fuel
Video, visit :- www.silveradogreenfuel.com
    Silverado Gold Mines Ltd. www.silverado.com
    More Information? http://www.silverado.com/investors/request/

    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.





For further information:

For further information: Suite 1820 - 1111 West Georgia Street,
Vancouver, British Columbia, Canada V6E 4M3, Telephone: (604) 689-1535,
Facsimile: (604) 682-3519; Investor Relations: E-mail: ir@silverado.com;
Public Relations: E-mail: pr@silverado.com; Toll Free: 1-800-665-4646 (Canada
and USA only)

Organization Profile

SILVERADO GREEN FUEL INC.

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SILVERADO GOLD MINES LTD.

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