|Silver Falcon Mining, Inc. (A Delaware Company - SFMI) , is a junior resource production company specializing in gold and silver properties. Silver Falcon Mining, Inc., has acquired the rights to develop and operate the mines of GoldLand 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 GoldLand Holdings, Co., have produced approximately $ 270 Million in gold and silver to date.
Silver Falcon Mining is also 100% owner to the historic Sinker Tunnel & the four mill sites which intersects the main vein of the Oro fino/Golden Chariot vein. Not only will the Sinker Tunnel allow access to the mountain year round thru maintained roads but will also allow Silver Falcon Mining Inc. to access possible primary ore reserves thru underground mining.
Initial production on the mountain is scheduled for fiscal year 2013, with an estimated 15-20 year life-of-mines. Annual yield, at full capacity, is estimated to be $ 6.6 million at the price of gold of $1,650.