| Business Summary | | Silverado
Gold
Mines
Ltd.
is
engaged
in
the
acquisition,
exploration
and
development
of
mineral
properties
and
the
development
of
low-rank
coal-water
fuel
as
a
replacement
for
oil
fired
boilers
and
utility
generators.
Silverado
operates
in
the
United
States
through
a
wholly
owned
subsidiary,
Silverado
Gold
Mines
Inc.
Silverado's
exploration
and
development
activities
are
managed
and
conducted
by
an
affiliated
company,
Tri-Con
Mining
Ltd.,
pursuant
to
a
written
operating
agreement.
The
Company
holds
interests
in
four
groups
of
mineral
properties
in
Alaska.
Silverado's
main
projects
are
the
exploration
and
development
of
the
Ester
Dome
Gold
Project,
located
10
miles
northwest
of
Fairbanks,
Alaska,
and
of
the
Nolan
Gold
Project,
located
175
miles
north
of
Fairbanks,
Alaska. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Silverado
Gold
Mines
Ltd.
is
engaged
in
the
acquisition,
exploration
and
development
of
mineral
properties.
Silverado
Gold
Mines
also
holds
interests
in
four
groups
of
mineral
properties
in
Alaska.
For
the
six
months
ended
5/31/01,
revenues
totaled
$2
thousand,
vs.
none.
Net
loss
increased
18%
to
$883
thousand.
Revenues
reflect
increased
gold
production
and
gold
inventory
available
for
sale.
Higher
loss
reflects
increased
research
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Garry Anselmo, 57 | Chairman,
Pres, CEO, Chief Financial Officer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|