TWST: Would you give us a short history of Silver Falcon Mining? Then, please bring us up to date as to what's gone on since we last spoke with you. Mr. Quilliam: Briefly, we started in 2007, when we had the opportunity of acquiring a lease on gold properties on War Eagle Mountain in Murphy, Idaho, in the Owyhee Range. This property is part of the Three Sisters Mountains in the Owyhee Range in Idaho. The Florida and the DeLamar mountains were heavily mined by Kinross Gold in the past. We subsequently filed about 1,000 acres of claims with the Bureau of Land Management for mineral extraction. Since then, we've acquired the services of numerous heads of geology, mining engineers and related disciplines. Mr. Roger Scammell, who is a well-renowned geologist, heads our program. We've contracted with Mr. Rick Walker, another geologist. We are also on the edge of hiring a permanent geology department head for the company. And we are also looking at establishing an overall plan on core drilling in the War Eagle area, so that we can develop a three-dimensional picture of the inside of this mountain to better understand where the gold and silver veins are exactly, and their composition and their value - subsequent to which the mining engineers that are on site will decide as to methods and ways of accessing those veins. In the mean time, we have bought a 20-acre property at the foot of the mountain on which we have established a mill, which operates on a 24/7 basis. This mill presently is processing ore from the old dumps on the mountain. This mountain had been mined sporadically since the 1870s, and until about 1900s, early 1900s, when a succession of financial disasters in the world brought it to a standstill, and then was sort of forgotten about with the wars and so on and so forth. The old tunnels were all stripped of whatever metal they had for the war efforts. Back in the 1980s, a consortium of Chinese bought the property from a delinquent bank loan and decided after a few years of ownership that mining was not for them. They were more in the investment field than in the mining field. So they turned around and sold it. We happened to be handy at that time. We purchased it recognizing the value of what there was on that mountain, and in that mountain.
And that brings us to today, where we have an operation which is producing revenue for the last two months based on bullion dore that we are smelting on site from our own concentrate derived from the dumps on the mountain - the old dumps on the mountain which contain quite a bit of gold and silver left over from the early days of mining. So that's where we are now and we are going on to greater and bigger things as we progress in the coming years.
(found it on www.marketcents.com)
