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[hainholz]

WKN 867737 Silverado Goldmines

Press Release Source: Silverado Gold Mines Ltd.


The United States House of Representatives continues support for liquid coal products in recently passed "Energy Bill II"
Friday October 14, 9:30 am ET
SILVERADO - OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL


FAIRBANKS, AK and VANCOUVER, Oct. 14 /PRNewswire-FirstCall/ - Last Friday, October 7, the United States House of Representatives passed H.R. 3893, The Gasoline for America`s Security Act of 2005 - commonly known as the "Energy Bill II", a reference to the long-awaited Energy Bill that was passed and signed into law this past summer.
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The Energy Bill that was signed into law on August 8 authorized the development of low-rank coal-water fuel at several locations in the legislation. "Energy II" addresses the lack of refining capability in the United States, and most significantly for Silverado Green Fuel Inc., it also includes the definition of a refinery as "...a facility designed and operated to receive, load, unload, store, transport, process and refine coal by any chemical or physical process, including liquefaction, in order to produce ...liquid fuel as its primary output..."

"I am very happy to see the continued support the United States Congress is giving the coal to liquid fuel process. The language in H.R. 3893 clearly shows that the intent of the House of Representatives is to continue the support they began when they authorized our Low-Rank Coal-Water Fuel Project in the first Energy Bill," said Garry Anselmo, Chairman and CEO of Silverado Green Fuel Inc. "We at Silverado have realized for years that low-rank coal-water fuel is one of the critical keys to easing America`s energy crisis. It is clearly evident that this is a product and process whose time has come, and the U.S. Congress recognizes the role coal plays in filling the urgent need for America to be energy self-sufficient."

The legislation also addresses the petroleum needs of the United States military, making provisions for refineries whose exclusive purpose would be to supply the Armed Forces, among other national priority needs.

According to Anselmo, "Silverado has many funding options available at this time along with private options. We continue to work with not only federal officials, but those at the state and local level as well. We are extremely optimistic about our Low-Rank Coal-Water Fuel Project, and have been well-received at all levels of government."

This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management`s expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

For further information regarding our innovative fuel as well as an update on our Alaska gold properties, view our website at www.silverado.com or call toll free from North America at 1-800-665-4646 or long distance from offshore at 604-689-1535 and ask for `investor relations`.


Silverado Green Fuel Inc.
Mailing Address - 505, 1111 W. Georgia Street,
Vancouver, B.C., V6E 4M3, CA
[phone] or [phone], F: [phone]
[e-mail] - www.silverado

[Baldur5]

[hainholz]

Antwort auf Beitrag Nr.: 18.277.887 von Baldur5 am 14.10.05 16:09:15

nicht mehr lange warten!!!!!!!!!!!

[Milesstyles]

warum nicht mehr lange warten . Kommen news ???