Silverado Launches Chinese Website to Attract Asian Stock Market Investors



    VANCOUVER, Feb. 28 /CNW/ - (Silverado - OTCBB: SLGLF / Frankfurt : SLGL).
Silverado Gold Mines Ltd. is pleased to announce the launch of a beta test
site (www.silverado.hk) to build awareness with Asian investors. Silverado has
contracted with Synergy Management Group Ltd. (www.synergy1.ca) to design and
manage this initiative, and to capitalize on Synergy's established network of
China-based Investor Relations Specialists to work with brokerage firms, banks
and financial institutions throughout the key financial regions of China,
Hong Kong, Singapore and Macao.
    This innovative, leading-edge initiative is market and demand driven. The
opportunity to build awareness for Silverado in this burgeoning investor
marketplace is huge. The prospect to enhance, diversify and expand the
investor pool for Silverado is equally attractive.

    
    -   China's economy is producing 300,000 new millionaires every year.
    -   China is expected to have 500,000,000 middle class within the next
        two years. This new middle class has a strong, proven appetite for
        investing in the stock market, particularly microcap stocks.
    -   There is a $15-$18 billion outflow of capital from China.
    -   There are over 75,000,000 registered individual stock market
        'players' in China.
    -   Dozens of new brokerage firms have been established in China. Major
        North American broker companies have also been building a strong
        presence in China as well.
    -   The portals have been opening for investors from China to access
        North American stocks.
    

    "This is an interesting test initiative for us," states Garry Anselmo,
Silverado's President and CEO. "Silverado is in two of the hottest markets
today, gold and energy. The stock is affordable, undervalued, and highly
liquid. These are the kind of features that should appeal to Asian stock
market players. Synergy will carefully monitor the program, and report back to
our Board."

    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

    Suite 1820 - 1111 West Georgia Street, Vancouver, British Columbia,
Canada V6E 4M3, Telephone: (604) 689-1535, Facsimile: (604) 682-3519

    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: Investor Relations: E-mail: ir@silverado.com;
Public Relations: E-mail: pr@silverado.com, Toll Free: 1-800-665-4646 (Canada
and USA only)

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SILVERADO GOLD MINES LTD.

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