From the Nolan Report
The Company, depending on availability of funds, may initiate an underground program this winter by driving our main tunnel 400 feet further south west where drill holes from surface drilling encountered a series of high grade drill intercepts at the main tunnel level, some 300 feet below surface.
There, 2009 drill hole 09SH08 intercepted 0.64 feet (true width) of 0.57 ounces per ton gold and 55.4% antimony and drill hole 09SH05 intercepted 1.9 feet (true width) of 0.27 ounces per ton gold and 61.1% antimony. These holes adjoin Workman’s Bench Probable Reserves on the SW end of the 3500' foot long open-ended zone; the raw data may be found on page 212 of the NI 43-101F1 Technical Report of July 9, 2011 at Silverado’s website www.silverado.com or on SEDAR. The additional information from this area would be valuable. The Company currently holds permits to extract a +3000 ton sample from underground, and would run a series of metallurgical studies on this material.
