Silver Falcon Mining reports memorandum of agreement is signed to purchase all of the assets of Mineral Extraction Company (Minex).

Part of those assets, namely the SINKER TUNNEL complex, will give us access to the workings of all of our tunnels and shafts on a year round basis, as well as allowing us to mine both the ORO FINO and POORMAN veins, from the face of the rock.

President of Silver Falcon Mining, Mr. Pierre Quilliam adds:

"We are thrilled at this development and are excited to be in a position to work every month of the year without having to transport minerals on roads that are exposed to very harsh weather. We will continue with our business plan this year, which calls for the milling of the tailings from the mountain in Melba, but the anticipated expansion of the milling capacity will be done in the bowels of the War Eagle Mountain."

For full details of this press release, click this link ^[1]. Silver Investing News researchers discovered Silver Falcon's memorandum described on their website ^[2]. Follow developments in silver mining and exploration for free. Sign on to the Silver Investing Newsletter ^[3].