Silverado Gold Mines Ltd., through their wholly owned subsidiary, Silverado Green Fuel Inc., announced yesterday that they received their second positive progress report from current research work. The report, in part, states:
“Since May 2008, the Mineral Industry Research Laboratory (MIRL), University of Alaska Fairbanks, has been conducting research for Silverado Green Fuel Inc., on the hydrothermal upgrading of Mississippi lignite coal from the Red Hills Mine. This lignite was the targeted feedstock for a Low Rank Coal Water Fuel (LRCWF) Demonstration Project proposed for the Red Hills Ecoplex, Ackerman, MS.
To date, research findings show that the lignite responds well to hydrothermal treatment (HT). HT at 290 degrees C, for a residence time of 20 minutes, produces an upgraded lignite product suitable for LRCWF production, provided acceptable ash levels can be achieved. These HT conditions are essentially the same as those previously used by Silverado during its preliminary design of the demonstration project facilities. MIRL research has also produced valuable grinding circuit design parameters. Overall, MIRL research concludes that the MS lignite’s response to hydrothermal treatment follows a common pattern exhibited by low rank coals previously studied at MIRL since 1989.
Future research at MIRL will address lignite ash reduction and ash chemistry, HT modeling, and HT process water and gas composition.
In the early 2000’s, Silverado Green Fuel Inc. attempted to raise funding for a demonstration facility through U.S. government grants. However, no funding was forthcoming. The design of the current study is to prove the viability of the fuel without building a demonstration facility. To date, the work has proven beneficial. The Company believes the final results will prove Silverado’s Green Fuel to be an effective and low cost product that will in time provide the world with an inexpensive source of energy in an environmentally safe manner from a resource that is abundant throughout the world.
Headquartered in Vancouver, British, Columbia, Silverado Gold Mines Ltd. is an exploration-stage enterprise focused on the exploration of gold properties with some past production. They have gold properties located throughout Alaska. This includes a 100 percent interest in numerous mining claims located on the Nolan Creek property.
For more information visit: www.silverado.com
Let us hear your thoughts below: