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Tuesday, 6th January 2009 (1258 views)

Silver Falcon Mining has announced that it has started working on its 2009 business plan, which provides for working on its War Eagle Mountain gold-rich property.

The company has the developmental and operating rights to 17 deep-shaft mines on the property, which covers approximately 1,500 acres.

Silver Falcon's board of directors has approved the business plan, which covers working the War Eagle Mountain mill on the Owyhee gold trend of the Silver City mining district in southern Idaho.

Key points covered by the business plan include working the mill on a double shift schedule, bringing sufficient ore to the mill from the tailings pile to guarantee increased production and opening up one more shaft on the property.

Pierre Quilliam, Silver Falcon Mining president, said: "We have laid out an ambitious plan and now that we have a cadre of competent and dedicated associates under contract, we are very excited at the prospects laid out before us."

New York-based Silver Falcon Mining is a junior resource production company that specialises in gold and silver properties and has acquired the rights to develop and operate the mines of GoldCorp Holdings on War Eagle Mountain.

 

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