SILVERADO - OTCBB: SLGLF/Frankfurt: SLGL/Berlin: SLGL
FAIRBANKS, AK and VANCOUVER, Aug. 16 /CNW/ - Silverado announced today
that it has contracted with Pickering, Inc. of Jackson, Mississippi, to
provide complete architectural and engineering plans for construction of
Silverado's lignite water fuel (LWF) demonstration facility. The facility will
be located on a 14-acre site already designated in the Red Hills Ecoplex
outside Ackerman, MS.
"We're excited about this opportunity," said Pickering principal and
senior project manager Thomas R. McConnell. "It's not every day that we design
a coal-water fuel facility. When the demonstration plant is operational, we
hope also to be involved when Silverado scales up to a full production
Pickering will provide detailed architectural and engineering
construction plans for the building, including electrical, mechanical and
structural designs for the LWF production and boiler test facility. In
addition to the demonstration plant, plans will be conceived and delivered for
the laboratory center and offices, storage tanks and the coal loading
facility. Pickering, under previous agreement, provided Silverado the
conceptual design for the LWF facility and laboratory.
"We have been working with Pickering since the conception of this project
and are delighted to take this next step with them," said Silverado Green Fuel
president Garry Anselmo. "This will be the first plant in North America
entirely dedicated to producing lignite water fuel as a petroleum fuel
substitute, and this is the first step."
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
http://www.silveradogreenfuel.com/ and the parent public corporation,
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 GREEN FUEL INC., Mailing Address -
1820 - 1111 W. Georgia Street, Vancouver, B.C., V6E 4M3, CA, Toll Free:
1-800-665-4646 or (604) 689-1535, Fax: (604) 682-3519, firstname.lastname@example.org,
www.silveradogreenfuel.com; Field Address - 3180 Peger Rd Ste 270, Fairbanks,
AK, 99709-5485, USA