SFMI

[Bahama Pete]

We have opened a Silver Falcon Paltalk room. It is under business and finance, then go to investment. It is called The Silver Falcon.

[garick]

Geology of Mining Properties

War Eagle Mountain is the eastern most peak in the War Eagle-Florida-Delamar Mountain trend, which is an east to west chain of mountains in Southwestern Idaho. All three peaks show the same type of gold and silver veins. Kinross Gold Corporation owns Florida and Delamar Mountains. Delamar Mountain, the western most of the three, had been successfully open pit mined from 1977 to the late 1990s.

The host rock on War Eagle Mountain is granite. The veins containing gold and silver are primarily filled fissures in the host rock that occur primarily in a north-south direction. The gold and silver bearing veins of War Eagle Mountain are steeply dipping to subvertical in attitude and are generally oriented in a NS to NW-SE direction. For example, the Oro Fino/Golden Chariot vein, which is the vein that has been mined and explored the most, occurs at an 8 percent tilt to vertical. The textures, mineralogy and geometry of the veins all indicate that they are "epithermal" deposits. This means that, according to the current interpretations, the minerals were deposited by hydrothermal solutions of “supercritical” very hot, high pressure water that made their way upward through the earth’s crust, depositing the minerals in the loose rock in the fissures. The richest ores have been found in ore shoots, which are places where small cross-fractures intersect the main vein.

Historical records indicate that the Oro Fino Vein system extends at least some 12,000 feet in a north-south direction and has been observed to vary greatly in thickness (from 0.5 ft to 25 ft) and mill grades of 0.5 to 1.25 Troy ounces of gold per ton. Our owned and leased land encompasses only about 600 feet of the Oro Fino Vein system, but all of the major mine shafts that exist on the system. Several large pockets of very rich ore concentration occur have been found scattered throughout at ore shoots. Mill grades at these ore sheets have contained up to 25 Troy ounces per ton have been encountered, with some areas showing grades as high as 90 to 300 oz gold/ton.

It is not known exactly how deep the vein systems are on War Eagle Mountain. The Sinker Tunnel cut through the Oro Fino Vein approximately 2,500 feet below the outcrop on the surface and was still strong and well developed. To date, only about the first 300 to 1100 feet in depth of the Oro Fino Vein has been mined on approximately 15% of its total known length.

Because the host rock on War Eagle Mountain is granite, the mine shafts on War Eagle Mountain are very stable, with minimal need to shore the walls with timber. As a result, the shafts left by prior mining activity are still in usable condition. Also, the Sinker Tunnel Complex needs almost no timber to shore or brace its walls or ceilings.
Mining activity to date has focused on three veins that show at the surface of War Eagle Mountain – the Oro Fino Vein system, the Poorman Vein system and the Central Vein system – with the Oro Fino Vein being the most productive. The Poorman Vein is about 1,000 feet to the west of the Oro Fino Vein. Historically, the Poorman vein has produced mostly silver. The Oro Fino Vein system has approximately 6 other vein systems associated with it, while some 40 additional main vein systems are believed to exist on War Eagle Mountain.

At present, work on the mine consists largely of vertical mine shafts at the top of War Eagle Mountain, which were started by miners in the 1800’s, typically on top of a vein that was evident from an outcropping on the surface. The interiors of the mine shafts are believed to be in good shape, but they are all flooded from groundwater and will have to be drained before active mining can commence. We plan to drain the mine shafts by connecting them to the Sinker Tunnel below. We have recollared five mine shafts with stones and steel rails to make them safer and prevent rain water from entering the mines. Prior owners of the Sinker Tunnel refurbished the tunnel entrance, but we plan additional improvements to the Sinker Tunnel entrance.

Water is available through wells on the property. Power will be supplied by generators.

Through December 31, 2009, we had spent approximately $317,000 to refurbish the mine shafts and Sinker Tunnel.

None of the properties have been surveyed by a competent professional engineer, nor have the properties been evaluated to determine whether any mineral deposits can be mined profitably at current market rates. Therefore, the properties are without known reserves and our proposed mining activities are exploratory in nature at this time. The most comprehensive survey of the mineralogy of War Eagle Mountain is a report issued by the Idaho Bureau of Mines and Geology in 1926. However, the authors of the report did not have access to the flooded mine shafts, and developed their report from visual observation of the surface, reports of past mining activity, and interviews with mining engineers who had previously worked at the site. Other reports include a report prepared in 1928 by Sinker Tunnel Mining Co., which at the time was in the process of refurbishing and extending the Sinker Tunnel, and a report issued by Copper Range Exploration in 1970. However, the mountain has never been surveyed with a comprehensive scheme of core samples to locate and assess the veins that exist on the mountain. All representations of potential quantities of minerals are based on historical records which are believed to be accurate, but which may not have been performed pursuant to modern standards for evaluating mineral claims.

[antonzach]

Very Interesting history..Read it and it incl teh info the 500 pound silver nugget found in war eagle
www.accessgenealogy.com/idaho/mining_gold_silver_idaho_1865_1885.htm

[antonzach]

www.silverfalconmining.com/projects/Sinker%20Tunnel.html

[Bahama Pete]

Manipulating Gold and Silver: A Criminal Naked Short Position that Could Wreck the Economy

www.deepcapture.com/manipulating-gold-and-silver-a-criminal-naked-short-position-that-could-wreck-the-economy/

[antonzach]

Latest War Eagle Mountain (SFMI) Video
www.youtube.com/watch?v=fiPfHL5sUdw

[sphindog]

Hey Pete,
I started a position last May, and have accumulated ever since. The bashers have come out in full force because they know what we have here! Keep up the good work, and keep spreading the word! This one is going to bring home a lot of bacon!

[Bahama Pete]

sphindog, wish I got in back then. I was checking this stock out for 3 months before I jumped in. I did a lot of DD, made a lot of phone calls, when the chart was just right, I got in. I'm in at .073, and I'm confident we will be at $1 before Christmas, maybe sooner. GLTY

[Bahama Pete]

www.silverfalconmining.com/news/releases/041910/04_19_10.html

[Bahama Pete]

Silver Falcon Mining, Inc. (SFMI) Intitiates Listing on Brazilian Stock Exchange, BOVESPA
Date : 04/26/2010 @ 9:15AM
Source : MarketWire
Stock : Silver Falcon Mining, Inc. (SFMI)
Quote : 0.144 0.0 (0.00%) @ 7:56AM


Silver Falcon Mining, Inc. (SFMI) Intitiates Listing on Brazilian Stock Exchange, BOVESPA

MURPHY, ID -- (Marketwire)
04/26/10
Pursuant to South American investors having shown an intense interest in Silver Falcon Mining, Inc.'s (OTCBB: SFMI) operation
, the Company announces the signing of an agreement with a Brazilian agent to:

1) Meet with a Sao Paulo legal team to plan an offering on the BOVESPA (Brazilian Exchange).

2) Translate Silver Falcon Mining, Inc. (SFMI) web site to Portuguese and linking the Brazilian version with the North American version by means of a corresponding flag.

3) Getting membership in the Brazilian American Chamber of Commerce in New York City.

With Brazil's currency (the Real) hitting a 6-year high against the Dollar and gaining substantially on the Euro and the Swiss Franc, Brazil's stock market and economy continue to be recognized as one of the hottest growth countries on the planet. Based on these facts, Management concludes that a stock listing of SFMI's shares on the BOVESPA would further advance international shareholder participation in the Company.

Mr. Pierre Quilliam, President, stated, "We are very excited by this opportunity to start a long term relationship with the high caliber of people involved in this cooperative effort. We now have the opportunity to advance SFMI's international presence with pending listings on both the Canadian and Brazilian stock exchanges. Once completed, these international listings should give the Company a very unique, respected, and comprehensive international recognition."

Further Information: contact Rich Kaiser, Investor Relations, 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.

Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and make no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.


Contact:

Rich Kaiser

Investor Relations

800-631-8127

[Bahama Pete]

Silver Falcon Mining, Inc. (OTCBB: SFMI) proudly announces the opening of the heliport at its Diamond Creek Mill site, situated at N 43° 06' 06.46" by W 116° 35' 21.77" at +03694 ft. The facility is registered with the various Idaho services and brings a new and higher level of emergency medical service to the Owyhee Mountain communities
and their inhabitants. This 24 hour, well lit, heliport, complete with aeronautical wind sock, can handle day/evening landings and take offs.

At a community meeting in Murphy, ID, on April 21st, Silver Falcon Mining, Inc. received a request from a volunteer group of fire and emergency medical responders (EMR) personnel in Silver City, ID, in becoming fully qualified emergency medical technicians (EMT). SFMI agreed to sponsor 3 of their EMR's and pay the full costs of their qualification
course. These EMT certifications will greatly enhance the level of medical services gratuitously provide to the surrounding communities.

Mr. Pierre Quilliam, President, stated, "It gives us extreme pleasure to start this new era of cooperation with our neighbors and to be able to contribute to the safety and well being of our employees and the community around us. Also, the Diamond Creek Heliport will make our site much more reachable for those investors who come from a far to visit and ascertain SFMI's ability to mill and mine precious metals from the War Eagle properties."

Further Information: contact Rich Kaiser, Investor Relations, 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.

Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and makes no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.

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Contact:

Rich Kaiser

Investor Relations

800-631-8127

[antonzach]

The geology of War eagle according to credible sources is reflecting the 2.52 ounces per ton is too low
At 19.35 million tons of ore the historical figures suggest 50 mill ounces gold 700 millounces of slilver
The real figures may be considerably higher.
The next step of teh game is revenues to pay for drilling
Once complete assay reports are complete I suspect we may be looking at 30 billion + recoverable..the scary thing is it could be more
DConsidering teh original mining ops raeched 1200 feet and Oro Fino goes down to 12000 feet it makes sense that the 2.52 ounces was the tip of the iceberg
The old time miners suspected War Eagle was HUGE but did not have the technology to go much further
Add in the price of gold only recently the last 30 years exploding I think we have a recipe for a Fortune being made
Hey by the way thank Bahama Pete for bringing the Falconeers over here

[dcbass]

Great day so far for sfmi.... nice volume and break through of the resistance levels.

[Zoinkers]

bump

[garick]

About 80% of the world’s biggest gold mines are open pit and average grades range from .5gm/t to 4 gm/t.


If we use a stock I have held that I have been following for years, DGC.TSX, Detour Gold as an example, it has an average grade of 1.15 gm/t. Proven and probable to total 236 million tons containing 8.8 million ounces gold. Almost a Billion tons of mine waste will be produced. Cyanide is used in the recovery process. Imagine SFMI trying to do that re environmental concerns.


A pre-feasibility study is being done. Pre production capital expenditures are forecast at $844 million which include a 135 km power transmission line, processing plant, infrastructure costs, and others. Ongoing costs (sustaining) are forecast at $417 million.


So, over $1 billion has to be spent before the first year of mining is done. Production is not expected to commence until mid 2112.


DGC is still exploring and drilling to prove up more reserves which will continue to add to overhead costs. It has to continue to raise capital and has 73 million shares trading. It is trading at $20/share with no production and more financing needed over the next three years minimum.


Now, compare the above to SFMI with 173 million shares out and a plan for share buyback. Historical geological reports indicate anywhere from 4 million ounces to 8 million ounces (and possibly much more) of high grade (av. 2.5 oz/t or 77 gm/t) gold equivalent. Infrastructure is in place. Mine infrastructure is in place with miles of tunnels, shafts and adits. If, like DGC above, SFMI had to raise financing to build these it would be in the millions and millions…and take years.


The parallel, major, high grade veins of War Eagle are 100 ft. apart with a major east west transverse vein. These are easily accessible from within the mine and Sinker tunnel. It is of unique importance to point out the fact that SFMI has a gold to silver ratio of 14 oz silver to 1 oz gold. Silver traditionally trades in a ratio of $16 to $1 silver. Today it is at 64…so silver is going to have to explode to the upside to $ 68/oz just to reach its average ratio. Imagine if you will, the value of SFMI’s historical resources when gold is $2000 and silver is $125.


There are 33,000 tons of at least 1 oz/t loose ore in the bottom of one shaft alone…estim. $33 million at a cost of $100/t.


SFMI is already in production with its own new mill being managed by a former Barrick Gold mine manager. For the average explorer, 1 in 1000 makes it to production and it takes an average of 5 to 7 years to achieve that…plus hundreds of millions of $.


SFMI is already there and starting to mill its 300 thousand to 500 thousand tons of tailings/ore mix estimated to be about 1 oz/t gold equivalent…$300 million to $500 million…at a cost of about $125/t. That will be contested until the assays come out and the doubters are silenced.


So ladies and gentlemen, those are the simple basics. SFMI is unique in North America and the world. I can find nothing quite like it with everything in place and into production, cash flow and huge speculative value. Drilling will commence soon into the rich veins in War Eagle. The gold and silver are there and will be revealed quickly. The attraction of the riches in war Eagle for many of the world’s largest PM miners must be most alluring to say the least. They need gold now, not in three to 7 years. Which one will jump first before the other gets it?


And to think so many are quibbling about where the price of this stock should be (50 cents to $1 maybe! Is nuts IMO) and where it is at 22 cents …is mind boggling to say the least. In 1995 this stock would have been the equivalent of at least $30 today…and bought out here and now….all or nothing. But then again, who would remember those days or the heady days of 1980? They are upon us my fellow gold bugs….just so many don’t know it.


And let me tell you, the need to acquire that gold and silver is much, much more desperate than back then just from a global supply/demand factor alone. How much longer will they be able to fool us all it isn’t? I’ll tell you when…the day you wake up to a stunning announcement from a major offer for SFMI. Laugh all you want…I’ve seen it and I’ve been there. It will happen and my guess is before Halloween.


The days of demanding a bankable feasibility study for a no brainer like War Eagle with all it’s credible historical data are almost over. Savvy, successful, experienced geologists with any knowledge whatsoever know that and will advise their employers accordingly.