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Silverado Completes Payment of Annual Federal Mineral Claim Rentals and Royalties

09:00 EDT Friday, August 28, 2009

VANCOUVER, British Columbia, Aug. 28, 2009 (GLOBE NEWSWIRE) -- Silverado Gold Mines Ltd (OTCBB:SLGLF) (Frankfurt:SLGL) (www.silverado.com) (the "Company" or "Silverado") today announced that on August 27, 2009 the Company recorded its annual rental and royalty mineral claim payment which places the Company's 672 Alaska federal mineral claim holdings in good standing for another year.


 On Behalf of the Board
 Silverado Gold Mines Ltd,

 /s/ G. L. Anselmo
 -------------------------
 G. L. Anselmo
 President & CEO

About the Company

Silverado Gold Mines Ltd, a publicly traded company, is an exploration-stage enterprise focused on the exploration of gold properties with some past production. The Company has gold properties located throughout Alaska, which include a 100 percent (100%) interest in numerous mining claims located on the Nolan Creek property.

CONTACT:  Silverado Gold Mines Ltd
          Investor Relations:
          (604) 689-1535
          ir@silverado.com
          www.silverado.com
          1820-1111 West Georgia Street
          Vancouver, BC V6E 4M3




 

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