Silverado's Commercial Green Fuel Technology Produces Fuel Without

Releasing Greenhouses Gases

    VANCOUVER, Nov. 5 /PRNewswire-FirstCall/ - Silverado Green Fuel Inc. is
 less than three years away from having a fully operational facility to
 demonstrate how its green fuel technology can replace many of the
 industrial applications for oil at a fraction of the cost, without
 releasing greenhouse gases or damaging the environment. By energy industry
 standards, that is considered on-stream ready.
     Silverado (http://www.silveradogreenfuel.com) turns low-rank coal
 (representing half of the U.S.'s coal reserves) into Green Fuel, which can
 be commercially produced without releasing carbon dioxide into the
 atmosphere, without particle emissions, and without the release of toxic
 by-products. The supply of low rank coal in North America represents
 centuries of energy resources availability.
     Initial production costs are estimated at under US$15 per barrel, on an
 oil equivalent energy basis, compared to $90 - $100/barrel crude oil.
     Green Fuel is produced without releasing any harmful emissions into the
 air, and because low rank coal already has a moisture content of 40%, most
 of the water used in Silverado's Green Fuel Technology is actually recycled
 from the process itself, and re-used.
     "Silverado is a world leader in low rank coal to liquid fuel
 technology", states Garry Anselmo, President and CEO. "We are generating
 excitement and interest from the private and public sectors because we have
 a ready, proven technology for 'now', so the timing for Silverado is
 perfect. And because America's energy future, security and domestically
 produced energy supply is THAT important".
     Green Fuel can be used to power oil-fired power plants directly, or be
 used as a feedstock for further processing to produce transportation fuels
 (jet, diesel, gasoline), key agricultural compounds (fertilizers, synthetic
 petrochemical feedstocks, ammonia), industrial products (oils, lubricants,
 synthetics) and even consumer products (plastics, packaging, etc.).
 Silverado Green Fuel can also be further processed to produce pure, clean
 hydrogen to power fuel cell automobiles and power plants.
     The company has entered into a Memorandum of Understanding with the
 Mississippi Development Authority and other state agencies to build a $26
 million Green Fuel demonstration 'Ecoplex' plant. The plant will use the
 vast low-rank coal reserves found near the Mississippi site, and should be
 operating fully by 2010. Silverado has been working with Members of
 Congress to obtain an appropriation from the Federal Government for this
 project.
     Silverado Green Fuel processing plants can be established in any
 location where there is a deposit of low-rank coal nearby. The potential
 for Silverado facilities throughout North America, and even world-wide is
 on the company's radar, following its exciting Mississippi venture and
 commitments.
     Independent Media Editorials on Silverado Green Fuel
     Power Online, Oct 10/07: "New Technology to Turn Vast Reserves of
 Low-Rank Coal Into "Green Fuel"
 http://www.poweronline.com/content/news/article.asp?docid=(138258ac-aa0f-47
 f2-9648-982f2e4c2c5e)
     Oil and Gas Online, Oct 10/07: "Silverado Green Fuel Inc. to Build
 Demonstration 'Ecoplex' in Mississippi"
 http://www.oilandgasonline.com/content/news/article.asp?docid=(138258ac-aa0
 f-47f2-9648-982f2e4c2c5e)
     Oil and Gas Product News, July/Aug 07: "Vancouver Company Targets
 Low-Grade Coal to Create Green Fuel"
 http://www.baumpub.com/ogpn/features_details.php?feature_id=417&fpage=1
     Silverado Green Fuel Inc. www.silveradogreenfuel.com
 
     Silverado Gold Mines Ltd. www.silverado.com
 
     More Information - http://www.silverado.com/investors/request/
 
     SILVERADO GOLD MINES LTD.
     About Silverado
     Silverado is an international company focused on Gold and a new
 environmentally friendly Fuel Technology. Silverado has gold properties
 located throughout Alaska which include the 100% owned Nolan Placer Gold
 Mine. Silverado is also entering the construction phase of an
 environmentally friendly low cost strategic fuel demonstration facility.
 Silverado's Green Fuel will be produced from low-rank coal and turned into
 a environmentally friendly oil substitute. Silverado Green Fuel Inc. is a
 wholly owned subsidiary of its publicly traded parent, Silverado Gold Mines
 Ltd.
     Trading Symbols
 
     OTC BB - SLGLF
     FRANKFURT - SLGL
     BERLIN - SLGL
     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.
     CONTACT: Suite 1820-1111, West Georgia Street, Vancouver, British
 Columbia, Canada, V6E 4M3, Telephone: (604) 689-1535, Facsimile: (604)
 682-3519; Investor Relations: E-mail: ir@silverado.com; Public Relations:
 E-mail: pr@silverado.com; Toll Free: 1-800-665-4646 (Canada and USA only)
 
 

SOURCE Silverado Green Fuel Inc.

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