Re: News out this morning
in response to
by
posted on
Mar 26, 2014 09:42AM
(Edit this Message from the "Fast Facts" Section)
You're right- more vague statements and weaselwording. Things were "maintained", "efforts" continue, they are "preparing" to do stuff, stuff will commence "shortly", etc. Nothing of substance except the tolling contracts are mentioned in that ore processing will "commence shortly". Here's the meat of the PR:
BRADENTON, FL--(Marketwired - Mar 26, 2014) - Silver Falcon Mining, Inc. (OTCBB: SFMI) provides an operational update on its mining and milling activities at both it Diamond Creek Mill and holdings at its War Eagle Mountain site.
Mill Update
Maintenance at the Diamond Creek Mill proceeded at a scheduled pace during this past winter. Ore processing will commence shortly from 3rd party tolling contract(s) which will bring in revenue based on tonnage being delivered from the tolling customer(s).
Sinker Tunnel
The Sinker Tunnel has been secured and the access to the area and its adit were maintained throughout this past winter in preparation for a renewed effort at surveying and evaluating the size of the precious metal deposit in the mountain.
Instrument 43-101
The Company's initial publication of the Canadian National Instrument 43-101 (NI 43-101), written to reflect the intrinsic value of the War Eagle Mountain holdings continues to progress. The Company reported in December 2013 that they retained the services of Hanych Geological Consulting, of Collingwood, Ontario, Canada. Hanych will compile, write and publish this NI 43-101 resource/reserve report on behalf of SFMI.