Server: Microsoft-IIS/3.0 Date: Thu, 20 Nov 1997 22:01:48 GMT Content-Type: text/html Accept-Ranges: bytes Last-Modified: Wed, 19 Nov 1997 20:19:31 GMT Content-Length: 7047
PRESS RELEASE
Silverado
Drilling
Continues to Disclose
High Grade Gold
Fairbanks, Alaska - August 19,
1997..........Silverado Gold Mines Ltd.
(NASDAQ - GOLDF)..........Ryan Lode Gold Project located 10
miles northwest of Fairbanks.
Partial drill results have just been received on drill holes RL97-06 / 07 / 08. These results are as follows:
Gold opt * = ounces of gold contained in each ton of mineralized rock
Drill Hole | From - ft |
To - ft |
Width - ft |
Gold opt* |
Comments |
RL97-06 | 170 |
325 |
155 |
0.07 |
includes 20 ft @ 0.38 opt |
RL97-07 | 75 |
80 |
5 |
0.11 |
|
175 |
215 |
40 |
0.31 |
includes 15 ft @ 0.79 opt | |
RL97-08 | 30 |
65 |
35 |
0.54 |
includes 15 ft @ 1.15 opt |
As the drill continues to intercept high gold grades over significant widths, the potential grows for the development of a multi million ounce deposit.
On behalf of the Board
SILVERADO GOLD MINES LTD.
G.L. Anselmo
G. L. Anselmo
President & CEO
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