Silverado Gold Mines Ltd. (fka SLGLF)

[MUSHROOMKING]

Silverado Launches Chinese Website to Attract Asian Stock Market Investors
02.28.08, 5:01 AM ET

VANCOUVER, Feb. 28 /PRNewswire-FirstCall/ - (Silverado - OTCBB: SLGLF / Frankfurt : SLGL). Silverado Gold Mines Ltd. is pleased to announce the launch of a beta test site (www.silverado.hk) to build awareness with Asian investors. Silverado has contracted with Synergy Management Group Ltd. (www.synergy1.ca) to design and manage this initiative, and to capitalize on Synergy's established network of China-based Investor Relations Specialists to work with brokerage firms, banks and financial institutions throughout the key financial regions of China, Hong Kong, Singapore and Macao.

This innovative, leading-edge initiative is market and demand driven. The opportunity to build awareness for Silverado in this burgeoning investor marketplace is huge. The prospect to enhance, diversify and expand the investor pool for Silverado is equally attractive.

- China's economy is producing 300,000 new millionaires every year. - China is expected to have 500,000,000 middle class within the next two years. This new middle class has a strong, proven appetite for investing in the stock market, particularly microcap stocks. - There is a $15-$18 billion outflow of capital from China. - There are over 75,000,000 registered individual stock market 'players' in China. - Dozens of new brokerage firms have been established in China. Major North American broker companies have also been building a strong presence in China as well. - The portals have been opening for investors from China to access North American stocks. "This is an interesting test initiative for us," states Garry Anselmo, Silverado's President and CEO. "Silverado is in two of the hottest markets today, gold and energy. The stock is affordable, undervalued, and highly liquid. These are the kind of features that should appeal to Asian stock market players. Synergy will carefully monitor the program, and report back to our Board."