Silverado Gold Mines Ltd. (fka SLGLF)

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Silverado Gold Mines Ltd. Regarded as... "The Most Competent Underground Placer Drifting Company Active In Alaska Today"February 20, 2008 5:00 AM ET advertisement

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All PR Newswire newsVANCOUVER, Feb. 20 /PRNewswire-FirstCall/ - (Silverado - OTCBB: SLGLF/Frankfurt: SLGL). Silverado Gold Mines Ltd. is pleased to announce the release of the Bundtzen Report. This professional, independent NI 43-101 Report has assessed the company's activities and resources for 2007, and is subsequent to the 2006 Report also produced by Thomas K. Bundtzen, President of Pacific Rim Geological Consulting, Inc., (PRGCI) of Fairbanks, Alaska, USA. Mr. Bundtzen is one of the foremost placer mining consultants in North America, Scandinavia and Russia.

The following are direct quotes from the Report, which can be found in its entirety on the Silverado website at http://www.silverado.com/i/pdf/2008-02-08_TB.pdf.