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posted on Jun 23, 2009 02:12PM

This is good news in the long run, but is certainly a delay from what I was expecting. Doesn't make management look good either, in that they spent so much time, money and effort on what they are now essentially calling a bad choice. And up and running by September? Let's hope the new contractors are better than the previous ones. It also brings up the question of whether this will be THE mill, or whether they will still build a mill in the Sinker Tunnel. And will this development require changing the financials that were to be submitted to the SEC? Inquiring minds (mines) want to know!

Silver Falcon Mining, Inc. (SFMI) Purchases Land for Mill Site

  • Press Release
  • Source: Silver Falcon Mining, Inc.
  • On Tuesday June 23, 2009, 9:15 am EDT
  • An on-site web camera has been purchased and this will allow shareholders and other interested parties to visually review the construction status once the Company's webmaster completes the technical integration on to www.silverfalconmining.com.

    Mr. Pierre Quilliam, President of Silver Falcon Mining, Inc., said, "We are very excited to start production at our 100% owned facility. We have a cadre of competent and dedicated associates under contract and are very excited at the prospects laid out before us. Mill installation and operation should be completed and start by September 2009 or sooner, thanks to the support and dedication of our contractors William Earl and Kim Moon. We look forward to a very rewarding year in 2009 both financially and operationally. SFMI appreciate your shareholder support and patience as we finally resolved this mill building issue."

    Silver Falcon Mining, Inc. is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America.

    Further Information contact Rich Kaiser, Investor Relations 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.

    Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.

    Contact:



    Further Information contact:
    Rich Kaiser
    Investor Relations
    800-631-8127
    �and/or
    �Silver Falcon Mining, Inc.
    941-761-7819
    www.silverfalconmining.com
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