ABOUT US

SILVERADO has been working six years with the head of its Green Fuel Division, Dr. Warrack Willson, who is an industry leader in the development of low-rank coal-water fuels (LRCWF). This fuel is made from hydrothermally treated low-rank coals (LRCs), sub-bituminous, lignitic, and brown coals. It is a low cost, non-toxic, non-hazardous and environmentally friendly substitute for petroleum derived fuels mainly in industrial and utility boilers, gasifiers, and other advanced combustors. Initial process economics indicate that LRCWF can be produced from any American LRC for under $15 per barrel, on an oil equivalent energy basis.

Silverado’s LRCWF (Green Fuel), so named due to its environmental friendliness, is an ideal candidate for use in high pressure liquid fed gasifiers, like the one developed by Texaco now being marketed by G.E. The product, synthesis gas, can then be converted by any one of a number of commercial Fischer Tropsch processes to yield a myriad of clean fuels and petrochemicals. The products are free of nitrogen, sulfur, particulate matter, and heavy metals and will find many applications, including aviation and auto gasoline, diesel, synthetic natural gas, naphtha, fertilizers, ammonia, urea, plastics and many others.

America, with the world’s largest coal reserves, can through the use of Silverado’s Green Fuel, significantly reduce its dependence on foreign oil and move toward energy self sufficiency. In addition, licensing this technology to developing nations will help to diminish the amount of greenhouse gases emitted to the atmosphere worldwide.

Silverado’s 36 years of building is showing rewards as revenues grow and accelerate on its three large and highly gold mineralized 100% owned Alaska properties. In addition, the Company, through its wholly owned subsidiary, Silverado Green Fuel Inc., has entered into an agreement with the Mississippi Development Authority and Choctaw County to build and operate a $26,000,000 Green Fuel production and boiler testing demonstration facility. In addition to the Green Fuel, which will be used for independent testing in clients’ boilers and gasifiers, the facility will also provide commercial plant scale-up design data, refined product cost estimates, a training ground for engineers and operators, and research opportunities for staff and university faculty and students. It will incorporate laboratory facilities for new fuels design and testing. It is also likely to serve as a host site, which will contain test facilities for engine, turbine, and other advanced combustor development. It will provide a unique site where industry and researchers can come together to witness Green Fuel production and utilization and develop environmentally friendly energy technologies of the 21st Century.