Nolan Creek Lode Gold Exploration Picks Up



    EXPLORATION DRILLING STARTED - MORE TRENCHING CONDUCTED

    SILVERADO - OTCBB: SLGLF/Frankfurt: SLGL/Berlin: SLGL

    FAIRBANKS, AK and VANCOUVER, Sept. 6 /CNW/ - Silverado Gold Mines
announced today that it has begun exploration drilling on its Nolan property
using the company's recently purchased diamond drill rig. The drilling focuses
on an area North of Smith Creek:
http://www.silverado.com/maps/060907overview.pdf, where company backhoe
trenching previously identified three zones that contain gold-antimony bearing
quartz vein systems (see press releases from July 16, 2007, January 29, 2007,
January 22, 2007, July 16, 2007 and August 08, 2007). Drilling has begun on
Zone 1: Figure 1: http://www.silverado.com/maps/060907fig1.pdf, where a
continuous chip sample from Trench H, collected from a 16.4ft (5m) interval by
Silverado geologists, yielded 5.22 troy ounces per ton gold and 8.74% antimony
(see press release August 08, 2007). The core drilling program is designed to
check for down-dip continuity of the gold-antimony bearing quartz vein systems
in the three zones identified so far, which are part of the Solomon Shear
system, and will help company geologists to obtain a better understanding of
the nature of the mineralized systems.
    In June and July 2007, Silverado Gold Mines conducted backhoe trenching
on its Nolan Creek property, totaling 328m (1076.12ft), to further investigate
the gold-antimony bearing quartz vein systems (see press release July 16, 2007
and August 08, 2007). Part of this first trenching program was the excavation
of Trench I, which is located 60m (197ft) northeast of Trench H: Figure 1:
http://www.silverado.com/maps/060907fig1.pdf - and extending over 192.5m
(631.6ft). This trench exposes the three zones that contain the gold-antimony
bearing quartz vein systems. A total of 86 combined select chip and continuous
chip rock samples were collected during the trenching program and submitted to
ALS Chemex in Fairbanks for analysis. Significant gold values were found in
Trench I with results as high as 0.23 troy ounces gold per ton (7.84 g/t Au).
The antimony values reached as high as 48.07% (see Table 1). These high
antimony values are consistent with the previous work in this vicinity where
sampling showed antimony assays as high as 46% (see press release January 29,
2007). 16 samples shown as greater than 1% are still being quantitatively
assayed for total antimony.

    
    Table 1: Trench I Assay results greater than 0.3 g/t Gold or 1% Antimony

                                   TABLE 1
    -------------------------------------------------------------------------

    Trench I - 192.5m
    -------------------------------------------------------------------------
                                                  Gold     Gold troy   Anti-
    Sample       Sample    Sample    Sample   grams/tonne   ounces/    mony
    Number      Interval    Width     Type      (metric)   short ton     %
    -------------------------------------------------------------------------
    07I11       25-27.5m    2.5m   Continuous     0.02       0.00    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I12       27.5-30m    2.5m   Continuous     1.14       0.03    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I13         29-29m      1m   Select chip    1.01       0.03    greater
                                                                      than 1
    -------------------------------------------------------------------------
    07I14       30-32.5m    2.5m   Continuous     2.04       0.06    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I15     30.7-31.3m    0.6m   Select chip    7.84       0.23    greater
                                                                      than 1
    -------------------------------------------------------------------------
    07I19       40-42.5m    2.5m   Continuous     1.12       0.03    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I20     40.3-40.7m    0.4m   Select chip    1.52       0.04      30.03
    -------------------------------------------------------------------------
    07I23       47.5-50m    2.5m   Continuous     1.16       0.03       6.02
                                    chip
    -------------------------------------------------------------------------
    07I24       48-49.8m    1.8m   Select chip    1.19       0.03      30.35
    -------------------------------------------------------------------------
    07I28       57.5-60m    2.5m   Continuous     0.41       0.01       0.88
                                    chip
    -------------------------------------------------------------------------
    07I29       57.8-58m    0.2m   Select chip    1.47       0.04      22.92
    -------------------------------------------------------------------------
    07I32       65-67.5m    2.5m   Continuous     1.21       0.04       0.51
                                    chip
    -------------------------------------------------------------------------
    07I33     66.7-67.2m    0.5m   Select chip    4.23       0.12    greater
                                                                      than 1
    -------------------------------------------------------------------------
    07I37       75-77.5m    2.5m   Continuous     1.71       0.05       0.07
                                    chip
    -------------------------------------------------------------------------
    07I39       80-82.5m    2.5m   Continuous     1.01       0.03       1.76
                                    chip
    -------------------------------------------------------------------------
    07I40       90-92.5m    2.5m   Continuous     0.34       0.01       0.02
                                    chip
    -------------------------------------------------------------------------
    07I43      97.5-100m    2.5m   Continuous     0.35       0.01       0.01
                                    chip
    -------------------------------------------------------------------------
    07I45     102.5-105m    2.5m   Continuous     0.05       0.00    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I46   102.7-102.75   0.05m   Select chip    1.78       0.05    greater
                                                                      than 1
    -------------------------------------------------------------------------
    07I49     110-112.5m    2.5m   Continuous     1.16       0.03       0.00
                                    chip
    -------------------------------------------------------------------------
    07I50  112.3-112.31m   0.01m   Select chip    5.08       0.15       0.03
    -------------------------------------------------------------------------
    07I58     130-132.5m    2.5m   Continuous     0.30       0.01    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I59  130.5-130.55m   0.05m   Select chip    0.65       0.02      48.07
    -------------------------------------------------------------------------
    07I60     132.5-135m    2.5m   Continuous     0.97       0.03       0.01
                                    chip
    -------------------------------------------------------------------------
    07I61   134.1-134.4m    0.3m   Select chip    5.86       0.17       0.01
    -------------------------------------------------------------------------
    07I65     142.5-145m    2.5m   Continuous     0.24       0.01    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I66    144-144.08m   0.08m   Select chip    0.40       0.01    greater
                                                                      than 1
    -------------------------------------------------------------------------
    07I72     157.5-160m    2.5m   Continuous     0.41       0.01    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I73     159.97-160   0.03m   Select chip    1.92       0.06    greater
                                                                      than 1
    -------------------------------------------------------------------------
    07I75     162.5-165m    2.5m   Continuous     0.48       0.01    greater
                                    chip                              than 1
    -------------------------------------------------------------------------
    07I76  164.7-164.74m   0.04m   Select chip    0.29       0.01    greater
                                                                      than 1
    -------------------------------------------------------------------------
    07I77     165-167.5m    2.5m   Continuous     0.37       0.01       0.08
                                    chip
    -------------------------------------------------------------------------
    07I78       166-167m      1m   Select chip    0.33       0.01       0.42
    -------------------------------------------------------------------------
    07I84      183-183.2    0.2m   Select chip    1.49       0.04       0.01
    -------------------------------------------------------------------------
    07I86      190-192.5    2.5m   Continuous     0.31       0.01       0.01
                                    chip
    -------------------------------------------------------------------------
    

    In August 2007, Silverado geologists further investigated Trench H, which
was sampled in July 2007 and yielded 5.22 troy ounces per ton gold and 8.74%
antimony (Interval 10-15m) and 2.62% antimony (Interval 5-10m) (see press
release August 08, 2007). These two intervals were the subject of re-sampling
that resulted in 5 continuous chip samples (2m interval) and two select chip
samples. All samples were submitted to ALS Chemex in Fairbanks for analysis.
Assays are pending.
    In addition to Silverado's first trenching campaign, the company
undertook more backhoe trenching in August 2007, which resulted in the
excavation of three more trenches across Zone 1: Figure 1:
http://www.silverado.com/maps/060907fig1.pdf - totaling 105m (344.5ft). The
purpose of this second trenching campaign was to test for the continuation of
the gold-bearing antimony veins in Zone 1 along strike. A total of 35 combined
select chip and continuous chip rock samples were collected during the
trenching program and submitted to ALS Chemex in Fairbanks for analysis.
Assays are pending.
    A total of 989 soil samples were collected during the 2007 ground
geochemical survey and have been sent to ALS Chemex in Fairbanks for analysis.
The 417 samples analyzed to date show a distinct arsenic and antimony
anomalous trend on the eastern part of the Solomon Shear trend. Arsenic
anomalies are strong indicators for the presence of gold.
    Along with the soil sampling campaign, Silverado Gold Mines conducted an
extensive very low frequency - electromagnetic (VLF-EM) ground geophysical
survey to identify structures such as shear zones, faults, and veins that
occur within the bedrock. The coincident soil and geophysical anomalies
indicate the likely presence of gold and antimony mineralization.
    By the gold, arsenic and antimony soil anomalies; the structural trends
identified by the VLF-EM surveys; the results of backhoe trenching; and
structural geological field mapping, several potential drill targets in this
area within the Solomon Shear trend have been identified. Exploration drilling
will continue as long as weather permits.
    The assay analysis turn-around time by ALS Chemex in Fairbanks is
approximately 3-5 weeks.
    This press release was prepared by Dr. Karsten Eden, Certified
Professional Geologist, who is a qualified person as defined under the
standards of Canadian National Instrument policy 43-101.

    About Silverado:

    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 is also entering the construction phase of an environmentally
friendly low cost strategic fuel demonstration facility. Silverado's Green
Fuel will be produced from low-rank coal and processed into an environmentally
friendly oil substitute. 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 GOLD MINES LTD.: Mailing Address,
1820 - 1111 W. Georgia Street, Vancouver, B.C., V6E 4M3, CA, Toll Free: (800)
665-4646 or (604) 689-1535, Fax: (604) 682-3519, pr@silverado.com,
http://www.silverado.com; Field Address, 3180 Peger Rd., Ste 270, Fairbanks,
AK, 99709-5485, USA

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