Silverado Gold Mines Ltd (SLGLF) in Positive Technical Report Issued by

    VANCOUVER, Nov. 7 /CNW/ - Silverado Gold Mines Ltd., (OTCBB: SLGLF /
Frankfurt: SLGL / Berlin: SLGL) announced today that,
an independent analysis website for traders and investors, last week authored
a technical report on the stock of Silverado Gold Mines Ltd: SLGLF.

    Entitled "The Chart Is Looking Up," the entire report can be viewed at:

    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. The company 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 and the parent public corporation,

    About is a website for traders and investors devoted to
helping them discover and better utilize tools, trading techniques and
cutting-edge market data and information. The goal of
is to help traders and investors remove the emotion when making buying and
selling decisions through the use of pre-defined rules. It also helps them
combine technical analysis with traditional fundamental approaches in their
effort to make better informed market decisions. As well as cutting-edge
articles, contains interviews, product reviews and
market analyses.

    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., Suite 1820-1111 West
Georgia Street, Vancouver, British Columbia, Canada, V6E 4M3, Telephone: (604)
689-1535, Facsimile: (604) 682-3519; Investor Relations: E-mail:; Public Relations: E-mail:, Toll Free:
1-800-665-4646 (Canada and USA only)

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