Silverado Green Fuel Project strategic to issues raised at House Committee on Science and Technology hearing regarding coal-to-liquid technologies


Sep 12, 2007, 01:00 ET from Silverado Green Fuel Inc.

    WASHINGTON, DC, Sept. 12 /PRNewswire-FirstCall/ - On Wednesday,
 September 5, the House Science and Technology Subcommittee on Energy and
 Environment held a hearing to consider the benefits of coal-to-liquid (CTL)
 technology and the necessary steps for Congress to take in order to ensure
 CTL is included as a part of the nation's energy policy.
     In his opening statement, Subcommittee Chairman Nick Lampson (D-TX)
 said, "I recognize there may be economic and strategic benefits of
 advancing coal-to-liquid technologies from both the regional and global
 perspectives. We need to have a comprehensive strategy to build an energy
 future that is sustainable."
     The Committee heard testimony from industry representatives as well as
 environmental interest groups. Dr. David Dawkins, Director of the Natural
 Resources Defense Council Climate Center discussed the water requirements
 for production of "liquid coal." In his statement, Dr. Dawkins said,
 "Liquid coal production requires large quantities of water...The withdrawal
 and consumption of water in areas with water shortages will be a major
 problem for this industry. Competing water uses, primarily for irrigation,
 will be a major problem in the West where water rights are established and
 water is considered a very valuable commodity..."
     In response to this statement, Silverado Green Fuel Inc. President
 Garry Anselmo commented, "This is another example of the advantages of our
 hydrothermal treatment process. The concerns of Dr. Dawkins and others
 regarding water usage are rendered moot because our hydrothermal treatment
 process removes the inherent water from sub-bituminous coal and lignite and
 then recycles it to the treated coal at the end of the process in creating
 this liquid fuel. This allows our Green Fuel to require virtually no
 additional water from external sources."
     Committee member, Congressman Roscoe Bartlett (R- MD) asked the panel
 members testifying why we needed to liquefy coal rather than burning it
 straight from the mine. "This is another advantage of our Green Fuel,"
 responded Anselmo. "The energy output of Green Fuel is much greater than
 the originating coal. Additionally, the need is tremendous for a plentiful
 and secure domestic source of fuel that can also serve as a feedstock for
 the Fischer-Tropsch production of synthetic transportation fuels and widely
 used petrochemicals. The abundance of coal in the United States, of which
 half meets the requirements for our hydrothermal treatment process, offers
 a unique opportunity to meet the important energy security needs of our
 military and domestic economy."
     Anselmo concluded, "I am very pleased to see the United States Congress
 giving greater attention to this very important issue. The hearing held
 last week in the House Science and Technology Committee demonstrates
 Congressional commitment to seriously review the entire issue of
 coal-to-liquids, and our hydrothermal treatment process. While we continue
 to work with these Members of Congress, we are moving forward on our
 Mississippi project. Our architectural and engineering firm is working on
 finalizing the blueprints for the building and we are working our way
 through the permitting process."
     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. The company 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 processed
 into an environmentally friendly oil substitute. Silverado Green Fuel Inc.
 is a wholly owned subsidiary of its publicly traded parent, Silverado Gold
 Mines Ltd. For more information about Silverado Green Fuel Inc., please
 visit and the parent public corporation,
     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: SILVERADO GREEN FUEL INC., Mailing Address, 1820 - 1111 W.
 Georgia Street, Vancouver, B.C., V6E 4M3, CA, Toll Free: (800) 665-4646 or
 (604) 689-1535, Fax: (604) 682-3519,,; Field Address, 3180 Peger Rd, Ste 270,
 Fairbanks, AK, 99709-5485, USA

SOURCE Silverado Green Fuel Inc.