Silverado Green Fuel Project strategic to issues raised at House Committee on Science and Technology hearing regarding coal-to-liquid technologies


    WASHINGTON, DC, Sept. 12 /CNW/ - On Wednesday, September 5, the House
Science and Technology Subcommittee on Energy and Environment held a hearing
to consider the benefits of coal-to-liquid (CTL) technology and the necessary
steps for Congress to take in order to ensure CTL is included as a part of the
nation's energy policy.
    In his opening statement, Subcommittee Chairman Nick Lampson (D-TX) said,
"I recognize there may be economic and strategic benefits of advancing
coal-to-liquid technologies from both the regional and global perspectives. We
need to have a comprehensive strategy to build an energy future that is
    The Committee heard testimony from industry representatives as well as
environmental interest groups. Dr. David Dawkins, Director of the Natural
Resources Defense Council Climate Center discussed the water requirements for
production of "liquid coal." In his statement, Dr. Dawkins said, "Liquid coal
production requires large quantities of water...The withdrawal and consumption
of water in areas with water shortages will be a major problem for this
industry. Competing water uses, primarily for irrigation, will be a major
problem in the West where water rights are established and water is considered
a very valuable commodity..."
    In response to this statement, Silverado Green Fuel Inc. President Garry
Anselmo commented, "This is another example of the advantages of our
hydrothermal treatment process. The concerns of Dr. Dawkins and others
regarding water usage are rendered moot because our hydrothermal treatment
process removes the inherent water from sub-bituminous coal and lignite and
then recycles it to the treated coal at the end of the process in creating
this liquid fuel. This allows our Green Fuel to require virtually no
additional water from external sources."
    Committee member, Congressman Roscoe Bartlett (R- MD) asked the panel
members testifying why we needed to liquefy coal rather than burning it
straight from the mine. "This is another advantage of our Green Fuel,"
responded Anselmo. "The energy output of Green Fuel is much greater than the
originating coal. Additionally, the need is tremendous for a plentiful and
secure domestic source of fuel that can also serve as a feedstock for the
Fischer-Tropsch production of synthetic transportation fuels and widely used
petrochemicals. The abundance of coal in the United States, of which half
meets the requirements for our hydrothermal treatment process, offers a unique
opportunity to meet the important energy security needs of our military and
domestic economy."
    Anselmo concluded, "I am very pleased to see the United States Congress
giving greater attention to this very important issue. The hearing held last
week in the House Science and Technology Committee demonstrates Congressional
commitment to seriously review the entire issue of coal-to-liquids, and our
hydrothermal treatment process. While we continue to work with these Members
of Congress, we are moving forward on our Mississippi project. Our
architectural and engineering firm is working on finalizing the blueprints for
the building and we are working our way through the permitting process."

    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,

    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: (800)
665-4646 or (604) 689-1535, Fax: (604) 682-3519,,; Field Address, 3180 Peger Rd, Ste 270, Fairbanks,
AK, 99709-5485, USA

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