Silver Falcon Mining, Inc. Proceeds With Milling Services, Toll Milling Contract Pending
26.08.2013 | Marketwire
BRADENTON, Aug 26, 2013 - Silver Falcon Mining, Inc. (OTCBB: SFMI) proceeds with contract milling services. During this recent slow-down in the world's mining sector, mining entities continue to look for cost-cutting but increased efficiencies in their operations. As such, SFMI's management has been approached by a number of mining entities within the surrounding states for assistance in milling, metallurgical processes, milling engineering and other milling related activities.As of August 23, 2013, a mining concern sent 10 tons of ore bearing materials and a payment of $5000.00 to SFMI's 100% owned Diamond Creek Mill Facility. This mining company's objective is to have SFMI process their ore and provide other subsequent metallurgical activities. Upon satisfactory processing of this test material tonnage, SFMI will enter into a full-term contractual agreement which will detail daily tonnages and pay-outs to SFMI for these toll services.
Pierre Quilliam, CEO, Silver Falcon Mining, Inc., states, "It has come to our attention that our expertise and success at both the Diamond Creek Mill Facilities and War Eagle Mountain, has caught the attention of other mining companies in and around the area of our operations. We have met with key people from a number of these companies who need our help in getting their ore processed and other types of analytical evaluations. All of these opportunities will provide revenue streams to SFMI."
The Company's sophisticated Diamond Creek mill design has inspired yet another mining company to potentially contract to SFMI to build a similar designed mill for their future operations.
For further information, contact Mr. Richard Kaiser, Investor Relations, 757-306-6090 and/or www.silverfalconmining.com
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
Contact
Rich Kaiser
757-306-6090