SILVERADO - OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL
RED HILLS ECOPLEX, ACKERMAN, MS, April 10 /CNW/ - Mississippi Governor
Haley Barbour and Congressman Roger Wicker joined other state officials
yesterday to kick off the Silverado Green Fuel Demonstration Project with a
ground-breaking ceremony at the Red Hills EcoPlex site.
Congressman Wicker commented that the project was not just good news for
Mississippi, but also for America. "This is a great company that we are
partners with now. Silverado knows what they are doing when it comes to mines.
They've been in business for the better part of four decades. We have a
top-flight corporation signing on with the state of Mississippi today, and
with cutting-edge technology. We're going to be state of the art here when it
comes to developing the next phase of energy right here in our backyard."
Governor Haley Barbour stated that, "job creation and economic
development is a team sport." He stated that financial support received thus
far from the local government has been essential, and added, "the federal
government has been, and will be, an extremely important partner in this."
The Governor addressed America's energy independence, and the role of the
Silverado Green Fuel Project in that new energy paradigm. "What we need in
America to have energy security is more energy," said Governor Barbour. "What
Garry (Anselmo) and his company are going to do is take some of our coal
reserves, which are the biggest in the world, and through a hydrothermal
process convert it to synthetic gas, which is absolutely clean burning. It is
a phenomenon of technology that this company, Silverado, has pursued
aggressively, and it is a great part of trying to show America how to become
"The decision by Silverado Green Fuel Inc. to locate a demonstration
facility at the Red Hills EcoPlex represents an enormous step for the people
of Choctaw County as they seek to make use of the abundance of lignite coal in
the county," said Mississippi U.S. Senator Thad Cochran. "I am pleased that
Silverado has recognized the value of locating their new facility in Choctaw
County. The people of Mississippi are environmentally conscious and are
therefore honored to be part of the development of fuel that produces
environmentally friendly energy."
In prepared remarks, Garry Anselmo, Silverado Green Fuel Inc. CEO
addressed the projected time schedule for the completion of the plant and the
economic impact this project will have in Choctaw County, Mississippi. "Ladies
and Gentlemen, we are moving from possibilities to process, and the process is
not just a dream. It is about to become a reality," he said.
The $26 million Silverado Green Fuel Demonstration Project will be
located on 14 acres outside Ackerman, Miss., in the Red Hills EcoPlex. It is
designed to utilize the state's vast supply of low-rank coal reserves by
converting them into green fuel, a new form of coal-based, environmentally
friendly, low-cost, alternative fuel. The facility will create local jobs,
sizable capital investment in the local economy, and highlight Mississippi as
a national leader in alternative energy clean-coal technologies.
To view the video and photographs of the ground-breaking ceremony for the
Silverado-Mississippi Green Fuel Demonstration Project visit this web link:
Silverado Green Fuel Inc. is a wholly owned subsidiary of its publicly
traded parent, Silverado Gold Mines Ltd. For more information about Silverado
Green Fuel Inc., please visit http://www.silveradogreenfuel.com. and the
parent public corporation, http://www.Silverado.com.
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: SILVERADO GREEN FUEL INC., Mailing Address
505-1111 W. Georgia Street, Vancouver, B.C., V6E 4M3, CA, (800) 665-4646 or
(604) 689-1535, F: (604) 682-3519, email@example.com,
www.silveradogreenfuel.com; Field Address, P.O. Box 83730, Fairbanks, Alaska.,