Silver Falcon Mining Inc.
7322 Manatee Ave. W., #299
Bradenton, FL
34209
CEO:
Symbol:
Pierre Quilliam
SFMI.OTC
Silver Falcon Mining, Inc is a resource production company specializing in gold and
silver properties. Silver Falcon Mining, Inc. has acquired the rights to develop and
operate the mines of GoldCorp Holdings, Co., on War Eagle Mountain, situated on
the Owyhee Gold Trend of the Silver City Mining District in southern Idaho. The
War Eagle properties of GoldCorp Holdings, Co, have produced approximately
$270 Million in gold and silver to date, and are situated adjacent to the open-pit
mines of Kinross Gold Co., (NYSE: KGC), which have produced approximately $ 1.8
Billion in gold and silver.
Initial production on the mountain is scheduled for fiscal year 2008, with an
estimated 15-20 year life-of-mines. Annual yield, at full capacity, is estimated to
be $330 Million at $1000 Gold.
Silver Falcon Mining Inc. – (SFMI OTC)
Silver Falcon Mining Inc – (SFMI OTC).
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War Eagle Mountain Geologic Summary
Barrett Cupp - Senior Geologist
"The War Eagle-Florida-Delamar Mountain trend is an east to west continuum with very tight
high grade silver and gold mineralization to the east (War Eagle Mountain) and increasing
volume and decreasing grade to the west (DeLamar Mountain).
DeLamar Mountain, the western most of the three, has been successfully open-pit mined since
1977. During that period, close to 100 million tons of material has been excavated, including
over 15 million tons of ore. Collectively, past underground mining and modern open pit
techniques have produced approximately 67 million ounces of silver and 1 million ounces of
gold. DeLamar Mountain is owned by Kinross Gold, Co., (NYSE: KGC).
In its’ first year of operation, the DeLamar Mine recorded the highest tonnage of Ore ever
produced in the Company’s history, at the time, producing 39,542 oz of Gold and 1,899,520 oz
of Silver.
Silver Falcon Mining Inc – (SFMI OTC).
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Ore mineralogy found within the veins on War Eagle Mountain is identical to the regimes found
on the other two mountains. The only key difference is the country rock or precursor host rock.
The granodiorite core on War Eagle (Granite) contains the veins whereas the extrusive volcanics
predominately host the mineralization on the other two mountains. This means that the shafts
on War Eagle Mountain are more stable, with minimal need to shore the walls with timber.
Based upon records from the 1800s, and records of the current open- pit mining operations on
Florida and DeLamar, mineral ore from War Eagle Mountain was obtained in greater amounts
from far less material moved. The veins of War Eagle Mountain were of far higher value per ton
than any other mining operation in the Silver City Mining District and some have speculated
that they are more valuable per ton than the historically famous Comstock mother-lode.
Should exploration be initiated on War Eagle Mountain, I would fully expect them to encounter
high grade silver and gold mineralization. The veins in the Mountain have not been fully
exploited with respect to length or depth. My experiences at Florida and DeLamar Mountains
dictate that any new exploration ventures should be focused on the War Eagle Mountain if a
large scale project is the desired goal in this mining district. “No other property holds the
promise of silver and gold than War Eagle”.
By : Barrett Cupp - Senior Geologist
Silver Falcon Mining Inc – (SFMI OTC).
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WAR EAGLE MOUNTAIN :
On 8,051-foot War Eagle Mountain, the eastern-most and highest ore-grade of the three Gold
peaks on the Owyhee Gold Trend, considerable tonnage of gold and silver-bearing ore has been
mined, to date.
Exploration efforts will continue on the mountain in order to determine the depth, Length,
width, and grades of the existing mineralized veins.
Silver Falcon Mining, Inc., currently
has the development and operating
rights to (14) deep-shaft mines on War
Eagle Mtn as a partner with GoldCorp
Holdings, Co. The mines have shafts
and workings ranging from 200-feet in
depth, to 1,200-feet in depth. The
patented properties include coverage
on all (3) known primary gold and silver
veins of the mountain; including, the
most famous and prolific silverproducing mine in the western United
States ... the POORMAN MINE.
At full production utilization, and based
on an average gold price of $1000 over
the 15-20 year expected life of the
mines, War Eagle Mountain is expected
to produce approximately $330 million
per year in revenue.
Silver Falcon Mining Inc – (SFMI OTC).
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HIGHLIGHTS OF SILVER FALCON MINING INC.
AND WAR EAGLE MOUNTAIN:
1) Silver Falcon Mining. Inc., has the development and operating rights to (14) deep-shaft mines
and their associated claim areas. War Eagle Mountain is on the Owyhee Gold Trend, a massive
mineralized fault line in southern Idaho. The mines cover all (3) primary gold and silver-bearing
veins on the Mountain. as well as ( 40 ) additional offshoots of those main veins; with shafts
and workings extending downward to the 1,200-foot level.
2) There are (3) mountain peaks
associated with the Owyhee Gold Trend:
War Eagle Mountain, Florida Mountain,
and DeLamar Mountain. The 3-mountain
trend lies in a straight line and is
separated by less than 5 miles. The 3-peak
trend contains some of the richest ore
deposits in Idaho. War Eagle Mountain
contains the highest concentration of
mineralized ore.
3) DeLamar and Florida Mountains are
owned by KINROSS GOLD CO., (NYSE:
KGC). These two properties have
produced approximately (67) million
ounces of Silver, and (t3) million ounces of Gold, worth approximately $ 1.8 Billion. War Eagle
Mountain has produced approximately 415,000 ounces of Gold equivalent, worth S 270 Million.
4) The veins of War Eagle Mountain are of far higher value per ton than any other mining
operation in the Silver City Mining District, and some have speculated that they are more
valuable per ton than the historically famous "Comstock" mother lode. There are (3) main veins
on War Eagle Mountain each estimated to be 10,000+ feet in length, and 2,000-feet in depth.
The veins have been determined not to decrease in grade as the depth of mining increases, and
are remarkable for their consistency of yield.
5) Approximately 19.35 million tons of mineralized ore is calculated to exist on War Eagle
Mountain. Approximately 165,000 tons of ore have already been produced, with an average
yield of 2.52 ounces of gold equivalent ($ 1,638) per ton. An estimated (4) million ounces of
Gold equivalent, worth $ 3 Billion, is thought to be minable on War Eagle Mountain. A life-ofmines ranging from 15-20 years, and yearly revenue of $ 330 Million, is expected at full mining
capacity.
6) The largest Silver nugget ever produced in the United States, at 8,000 ounces, came from
the POORMAN MINE. The POORMAN MINE is one of the properties that Silver Falcon Mining,
Inc., is developing on War Eagle Mountain. It was said, of the ore from the POORMAN MINE,
that ''As Jelly is to bread, so is Silver to this rock".
Silver Falcon Mining Inc – (SFMI OTC).
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Gold Equivalent Production from the Mines
Oro Fino:
10,766 tons @
1.04 oz / ton
$1,048 / ton
Ida Elmore:
13,283 tons @
2.63 oz / ton
$2,651 / ton
Golden Chariot:
32,173 tons @
3.12 oz / ton
$3,145 / ton
Cumberland :
3,325 tons @
2.45 oz / ton
$2,469 / ton
Minnesota :
7,024 tons @
2.05 oz / ton
$2,066 / ton
Mahogany :
7,515 tons @
1.98 oz / ton
$1,995 / ton
South Chariot :
10,522 tons @
2.00 oz / ton
$2,016 / ton
Mahogany #2 :
15,000 tons @
3.39 oz / ton
$3,417 / ton
Poorman :
21,252 tons @
1.97 oz / ton
$1,985 / ton
Never Sweat :
6,000 tons @
2.42 oz / ton
Illinois Central :
11,205 tons @
3.63 oz / ton
Empire :
7,579 tons @
1.17 oz / ton
$1,179 / ton
Illinois Central #2 :
11,635 tons @
3.59 oz / ton
$3,618 / ton
War Eagle :
3,315 tons @
1.31 oz / ton
Silver Falcon Mining Inc – (SFMI OTC).
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$2,439 / ton
$3,659 / ton
$1,320 / ton
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Geology of War Eagle Mountain
War Eagle Mountain is the eastern-most gold dome of the Owyhee Gold Trend, a 5-mile E-W
trending mining area, which includes War Eagle Mountain, Florida Mountain, and DeLamar
Mountain. The primary gold and silver veins on War Eagle Mountain are the "Oro Fino",
"Central", and the "Poorman".
The "Oro Fino" vein system is known to extend at least some 12,000 feet in a NS direction and
has been observed to vary greatly in thickness (0.5 to 25 feet) and mill grades (0.5 to 1.25
ounces). As is typical for this kind of precious metal bearing quartz system. Several large
"pockets" of very rich ore concentrations occur scattered throughout. These so-called "Hot
spots" are locations where mill grades of up to 25 ounces of gold per ton are encountered: with
some areas showing grades as high as 90 - 300 ounces gold per ton. General ounce ratios of
Silver to Gold are 14:1.
The "Poorman" vein system is identical to the "Oro Fino" vein system, but about 1,000 feet to
the west, running parallel to the "Oro Fino". The "Poorman" vein is mostly silver.
The "Central" vein system is a cross-directional vein at right-angles to the "Oro Fino" and the
"Poorman" veins. Two sets of major precious metal deposits exist in the locations where the
"Central" vein intersects the "Oro Fino" and "Poorman" veins.
The "Oro Fino" vein system has (6) other major veins associated with it, while the "Central" and
the "Poorman" have approximately (40) offshoots associated with them.
The gold and silver bearing veins of War Eagle Mountain are steeply dipping to sub-vertical in
attitude and are generally oriented in a NS to NW-SE direction. The textures, mineralogy and
geometry of the veins all indicate that they are "epithermal" deposits. The effect of the socalled "hyper-enrichment" process undergone by the vein systems tended to produce multiple
pockets of bonanza ore, or highly-enriched spots, which War Eagle Mountain is known to
exhibit abundantly
The primary ore host on War Eagle Mountain is Cretaceous Granite, followed by Tertiary Tuff of
up to 50 % granite. This means that timber is rarely used in the mines, since the walls are
extremely stable.
Silver Falcon Mining Inc – (SFMI OTC).
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