Silverado Gold Mines Ltd. Reports Consolidated Unaudited Earnings Results for Quarter Ended February 28, 2010 04/15 05:42 AM

Silverado Gold Mines Ltd. (SLGLF:$0.0048,$0.0000,0.00%) reported consolidated unaudited earnings results for quarter ended February 28, 2010. For the quarter the company reported net loss of USD 1,134,136 or USD 0.001 loss per share compared to net loss of USD 1,610,213 or USD 0.002 loss per share for the same period a year ago. Loss from operations was USD 1,113,629 compared to loss from operations of USD 1,614,246 for the same period a year ago. Net comprehensive loss was USD 1,137,177 compared to net comprehensive loss of USD 1,560,554 for the same period a year ago. Net cash used in operating activities was USD 223,244 compared to net cash used in operating activities of USD 678,723 for the same period a year ago.