VANCOUVER, Jan. 9, 2008 (Canada NewsWire via COMTEX) -- Silverado Gold Mines Ltd (Trading Symbols, OTC BB - SLGLF, FRANKFURT - SLGL) : In addition to encouraging gold prospects and findings, Silverado is well positioned to sell antimony, found in its Alaska mineral resources, into a growing North American marketplace. The domestic (U.S.) antimony market is approximately 70,000,000 pounds per year (valued at more than $200,000,000), and is growing at an annual rate of 6.8% per year.

"Pringle Bench consists of a series of sub parallel veins containing gold grades up to 5.22 tr. oz/ton, or 179 g/t and Antimony grades ranging up to 64.76% with quartz. Pringle Bench represents an area 500 ft wide by 700 ft long, open to length and depth, and is part of the five mile long Solomon Shear Zone. Veins are up to one foot in width, predominantly massive stibnite (Antimony sulphide, a high grade Antimony mineral). Visual observation of the core has identified the presence of many sub-parallel zones of gold, Antimony, and quartz."

See - "Silverado Invests Over $1 Million To Carry Out Year Round, Underground High Grade Antimony and Gold Exploration" (November 19, 2007) (http://www.silverado.com/pressroom/...

"Silverado Gold Mines is most encouraged with its discoveries made this summer in the Fortress area. The two different striking gold-bearing vein systems that occur in the Fortress area, along with defined structural trends overlain by gold, Antimony and arsenic geochemical anomalies, make the Fortress area an exciting lode gold exploration target. This is in addition to the Nolan Creek lode gold targets."

See - "More Gold Findings On Silverado's 100% Owned, Nolan Creek Property" (November 26, 2007) http://www.silverado.com/pressroom/p...

Antimony compounds in the form of oxides, sulfides, sodium antimonate, and Antimony trioxide are used in the making of flame-proofing compounds, ceramic enamels, glass, paints, pottery, and in flame-retardant formulations (including children's clothing, toys, aircraft and automobile seat covers), and fiberglass composites industry, as an additive to polyester resins for such items as light aircraft engine covers.

Antimony is increasingly being used in the semiconductor industry in the production of diodes, infrared detectors, and fire detector devices. Other uses include batteries, antifriction alloys type metal, small arms and tracer ammunition, cable sheathing, medicines, antiprotozoan drugs, plumbing, soldering, and bearings in internal combustion engines.

Silverado Gold Mines Ltd.

Silverado is an international company focused on Gold and a new environmentally friendly Fuel Technology. Silverado has gold properties located throughout Alaska which include the 100% owned Nolan Placer Gold Mine. Silverado is planning the construction phase of an environmentally friendly low cost strategic fuel demonstration facility. Silverado's Green Fuel will be produced from low-rank coal and turned into a environmentally friendly oil substitute. Silverado Green Fuel Inc. is a wholly owned subsidiary of its publicly traded parent, Silverado Gold Mines Ltd. Trading Symbols, OTC BB - SLGLF, FRANKFURT - SLGL