Silverado announces revocation of Cease Trade Order
Tuesday August 5, 7:33 pm ET

VANCOUVER, Aug. 5 /PRNewswire-FirstCall/ - Silverado Gold Mines Ltd. (the "Company") (SLGLF OTCBB, SLGL Frankfurt, (www.silverado.com), is pleased to report that the British Columbia Securities Commission today issued an order revoking the Cease Trade Order issued against the Company on May 13, 2008.

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About the Company

The Company is an exploration stage company focused on the exploration of gold properties, with some past production, and the development of new environmentally friendly low-rank coal water fuel technology. The Company has gold properties located throughout Alaska, which include a 100% interest in numerous mining claims located on the Nolan Creek property. The Company is developing low-rank coal water fuel that is designed to 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 public parent corporation at http://www.silverado.com/.