Silverado Green Fuel Inc. CEO invited to testify at congressional hearing
SILVERADO - OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL
WASHINGTON, D.C., May 3 /PRNewswire-FirstCall/ - Late last week, the United States House Committee on Resources officially invited Silverado Green Fuel Inc. CEO, Garry L. Anselmo, to testify at a hearing to be held in Washington, D.C. this Thursday, May 4. The title of the hearing is "The Future of Federal Coal: Status, Availability and Impact of Technological Advances in Using Coal to Create Alternative Resources." According to committee staff aides, the purpose of the hearing is to not only investigate the potential for using America's coal resources as an alternative fuel source, but also to acknowledge the vast coal resources in America and support new technologies designed to economically utilize those resources. The Committee is focusing on coal-to-liquid technologies.
"I am very honored and pleased to have been chosen to testify before this important Congressional committee," commented Anselmo when learning of the invitation. "I look forward to sharing with these Members of Congress and their aides our unique process and how we can help America meet its energy needs," he continued.
Both houses of Congress have been looking at a variety of alternative fuel sources. The Senate and the House have begun a series of hearings to determine what domestic alternative fuel resources are available - from wind and solar energy to biomass fuel sources.
"As the prices rise at every gas pump across the country, Americans are crying out for a safe, economic and environmentally friendly fuel to be produced. Silverado's Low-Rank Coal-Water Fuel Project is designed to do just that," said Anselmo, continuing, "Our product is the perfect feed-stock for further synthesis into a wide variety of products, including synthetic gasoline, jet and diesel fuel."
Other witnesses scheduled to testify are representatives of government agencies, as well as expert witnesses from the coal industry. Industry companies included in the hearing are Rentech, DKRW and Waste Management and Processors, Inc. among others. "I look forward to hearing the testimony presented by my colleagues, and sharing with them our progress in moving our project forward. Silverado Green Fuel Inc. is continuing to make great strides in finalizing preparations of our Memorandum of Understanding for our first commercial scale-up demonstration and research facility. I believe this hearing can only help to further propel that process forward," Anselmo concluded.
To learn more about Silverado Green Fuel Inc., visit us online at www.silverado.com, or contact Bob Dynes, Investor relations, toll free at 1-800-665-4646
SILVERADO GREEN FUEL INC.
(800) 665-4646 or (604) 689-1535 - F: (604) 682-3519
pr@silverado.com - www.silverado.com
Address - P.O. Box 83730 - Fairbanks, Alaska. - 99708 - USA
This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
SOURCE Silverado Gold Mines Ltd.
-0- 05/03/2006
/CONTACT: To learn more about Silverado Green Fuel Inc., visit us online
at www.silverado.com, or contact Bob Dynes, Investor relations,
toll free at 1-800-665-4646/
(SLGLF)
CO: Silverado Gold Mines Ltd.; Silverado Green Fuel Inc.
ST: District of Columbia
IN: MNG OTC
SU:
-30-
SB
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1942 05/03/200609:30 EDTwww.prnewswire.com