Exploration drilling on Workman's Bench at Nolan Creek reveals gold grades up to 0.55 toz/ton and 34.51% antimony

    OF 1300 FEET

    VANCOUVER, Jan. 14 /CNW/ - Silverado Gold Mines Ltd.(Trading Symbols, OTC
BB - SLGLF, FRANKFURT - SLGL) announced today the results from its diamond
core drilling at Workman's Bench on its Nolan Creek property, in the Brooks
Range, Alaska. This first phase exploration drilling program was carried out
to drill test the previously identified gold-antimony quartz vein systems.
Workman's Bench is part of the five mile long gold and antimony mineralization
containing Solomon Shear Zone which is presently the main exploration focus of
Silverado's lode exploration program at Nolan Creek.
    Figure 1: Please see map

    Highlights of the Workman's Bench 2007 drilling program include:

    -   19 feet grading 2.69 g/t (0.08 toz/ton) gold and 3.24% antimony in
        hole 07SH01. This includes 6 feet grading 6.55 g/t (0.19 toz/ton)
        gold and 8.81% antimony.

    -   11.4 feet grading 1.96 g/t (0.06 toz/ton) gold and 4.99% antimony in
        hole 07SH14.

    -   5 feet grading 1.95 g/t (0.06 toz/ton) gold and 3.45% antimony in
        hole 07SH015. This includes 0.5 feet grading 19 g/t (0.55 toz/ton)
        gold and 34.51% antimony.

    The drill sample results at Workman's Bench show significant gold and
antimony grades with significant thickness in a defined zone, named the "main
    Seven holes, totalling 2149 feet, were drilled in the fall of 2007 to
test the previously discovered gold bearing antimony-quartz veins in Workman's
Bench for potential gold and antimony mineralization along strike and
    Drilling revealed a main zone that contains significant gold and antimony
drill intersections (see Figure 1). Silverado Gold Mines is currently in the
process of driving a tunnel into the Workman's Bench mineralized zone to
intersect the main zone that contains the gold bearing antimony-quartz veins.
The underground exposure of the mineralized zone will play an important key
role for the company in obtaining a better understanding of the nature of the
structurally controlled gold and antimony mineralization in the Solomon Shear
Zone. This will significantly support Silverado's exploration strategy.

    The following table provides a listing of mineralized intersections from
the 2007 Workman's Bench drilling program:

    Drill Hole 07SH01

    201-212 ft         11 ft @ 0.97 g/t Au (0.03 toz/ton Au) & 1.41 % Sb
    223.5-242.5 ft     19 ft @ 2.69 g/t Au (0.08 toz/ton Au) & 3.24 % Sb

                       This includes 6 ft @ 6.55 g/t Au (0.19 toz/ton Au)
                                         & 8.81 % Sb

    301-304 ft          3 ft @ 3.94 g/t Au (0.11 toz/ton Au)

    Drill Hole 07SH13

    128-139 ft         11 ft @ 0.86 g/t Au (0.03 toz/ton Au) & 0.04 % Sb
    196-200 ft          4 ft @ 1.47 g/t Au (0.04 toz/ton Au) & 3.37 % Sb

    Drill Hole 07SH14

    161.6-172 ft     11.4 ft @ 1.96 g/t Au (0.06 toz/ton Au) & 4.99 % Sb
    192-199 ft          7 ft @ 1.05 g/t Au (0.03 toz/ton Au) & 0.76 % Sb
    202-209.6 ft      7.6 ft @ 1.40 g/t Au (0.04 toz/ton Au) & 0.99 % Sb
    222-232 ft         10 ft @ 1.48 g/t Au (0.04 toz/ton Au) & 0.20 % Sb
    240-247 ft          7 ft @ 0.17 g/t Au (0.00 toz/ton Au) & 0.59 % Sb

    Drill Hole 07SH15

    24-27 ft            3 ft @ 0.53 g/t Au (0.02 toz/ton Au) & 0.91 % Sb
    192-202.8 ft     10.8 ft @ 2.23 g/t Au (0.07 toz/ton Au) & 1.13 % Sb
    222-232 ft         10 ft @ 0.81 g/t Au (0.02 toz/ton Au) & 0.05 % Sb
    242-247.8 ft        5 ft @ 1.95 g/t Au (0.06 toz/ton Au) & 3.45 % Sb

                       This includes 0.5 ft @ 19 g/t Au (0.55 toz/ton Au)
                                         & 34.51 % Sb

    282-289.6 ft      7.6 ft @ 0.35 g/t Au (0.01 toz/ton Au) & 0.01 % Sb

    Drill Hole 07SH16

    238.1-245.8 ft    7.7 ft @ 0.54 g/t Au (0.02 toz/ton Au) & 1.79 % Sb

    Drill Hole 07SH18

    46.5-53.5 ft        7 ft @ 1.02 g/t Au (0.03 toz/ton Au) & 1.24 % Sb
    88-90 ft            2 ft @ 0.87 g/t Au (0.03 toz/ton Au) & 0.05 % Sb


    All drill core was logged and photographed by Silverado geologists. Once
all technical data had been derived from the core, the core was cut
lengthwise. The half-core was sampled by pre-determined interval based on
geology, and placed in sealed sample bags labeled with the assigned sample
number. All samples were delivered to ALS Chemex in Fairbanks for analysis. A
sample quality control/quality assurance program was implemented, and results
of the program determined to be acceptable.
    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.

    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 is planning 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 turned into a environmentally friendly oil
substitute. Silverado Green Fuel Inc. is a wholly owned subsidiary of its
publicly traded parent, Silverado Gold Mines Ltd. Trading Symbols, OTC BB -

    Silverado Gold Mines Ltd. www.silverado.com

    Silverado Green Fuel Inc.(website and Green Fuel Video)

    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; Media Relations:
jay@silverado.com; Toll Free: 1-800-665-4646 (Canada and USA only)

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