Silverado announces revocation of Cease Trade Order

    VANCOUVER, Aug. 5 /CNW/ - Silverado Gold Mines Ltd. (the "Company")
(SLGLF OTCBB, SLGL Frankfurt, (, is pleased to report that
the British Columbia Securities Commission today issued an order revoking the
Cease Trade Order issued against the Company on May 13, 2008.

    About the Company

    The Company is an exploration stage company focused on the exploration of
gold properties, with some past production, and the development of new
environmentally friendly low-rank coal water fuel technology. The Company has
gold properties located throughout Alaska, which include a 100% interest in
numerous mining claims located on the Nolan Creek property. The Company is
developing low-rank coal water fuel that is designed to 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 and the public
parent corporation at

For further information:

For further information: Mailing Address, Suite 1820 - 1111, West
Georgia St, Vancouver, British Columbia, Canada, V6E 4M3; Trading Symbols: OTC
BB - SLGLF, FRANKFURT - SLGL, Telephone: (604) 689-1535, Facsimile: (604)
682-3519, Toll Free: 1-800-665-4646 (Canada and USA only), Investor Relations:
E-mail:, Public Relations: E-mail:, Media
Relations: E-mail:

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