PROCEEDS WITH MILLING SERVICES, TOLL MILLING CONTRACT PENDING.
As of August 23, 2013, a mining concern sent 10 tons of ore bearing materials and a payment of $5000.00 to SFMI’s 100% owned Diamond Creek Mill Facility. This mining company’s objective is to have SFMI process their ore and provide other subsequent metallurgical activities. Upon satisfactory processing of this test material tonnage, SFMI will enter into a full-term contractual agreement which will detail daily tonnages and pay-outs to SFMI for these toll services.
Pierre Quilliam, CEO, Silver Falcon Mining, Inc., states, “It has come to our attention that our expertise and success at both the Diamond Creek Mill Facilities and War Eagle Mountain, has caught the attention of other mining companies in and around the area of our operations. We have met with key people from a number of these companies who need our help in getting their ore processed and other types of analytical evaluations. All of these opportunities will provide revenue streams to SFMI.”
The Company’s sophisticated Diamond Creek mill design has inspired yet another mining company to potentially contract to SFMI to build a similar designed mill for their future operations.