Silverado Gold Mines Ltd. (fka SLGLF)

[MUSHROOMKING]

The company is pleased to announce that Synergy Management Group Ltd. has been contracted to spearhead its "Silverado Asian Business Development Team". Synergy is a North American-China consulting firm specializing in joint ventures, strategic partnerships, and investment. Synergy maintains offices in North America, and Associates in China (Beijing, Hong Kong, Shanghai and Xian).

Synergy represents an extensive network of key China-based contacts. The company's North America-China, deal-making expertise has assisted a number of other North American companies in successfully accessing the China marketplace. Synergy also delivers 'Think China' government and business workshops, and provides corporate mentoring.

Coal represents 90% of China's primary energy deposits. Experts predict that coal will represent 50% to 70% of China's primary energy consumption in the coming 30-50 years. China's total coal reserve is more than one trillion tons.

China's economic growth represents an insatiable appetite for energy, and creates environmental issues. China's major coal, oil and energy companies, are turning toward global technologies such as those offered by Silverado Green Fuel Inc. Silverado can respond to enhancing China's domestic energy output, utilizing China's abundant coal reserves.

Silverado Gold Mines Ltd. announced today that exploration work on its Nolan Creek property has identified a new zone with anomalous Gold mineralization. This zone, called the Fortress, exposes several outcropping northwest-striking quartz veins, some of which contain significant gold mineralization. A gold bearing quartz vein in the northern part of the Fortress Formation that contained 0.24 troy ounces gold per ton was discovered during work conducted by Dr. Karsten Eden in 2000.