Thank you for the documentation as I have never seen it.

So the bottom line is:

¶ 7 Under section 164(1) of the Act, the Executive Director orders that trading in the securities of Silverado cease until:

1. Silverado files its January 7, 2010 and May 13, 2010 news releases and related material change reports.

2. Silverado files a technical report for its Nolan Creek property to support its disclosure.

3. The Executive Director makes an order under section 164 of the Act revoking this order.

¶ 8 January 21, 2011

• Robert Holland
  Chief Mining Advisor
  Corporate Finance