VANCOUVER, Dec. 11 /PRNewswire-FirstCall/ - Silverado Gold Mines Ltd. (the "Company" or "Silverado") SLGLF OTCBB, SLGL Frankfurt, www.silverado.com, is pleased to announce the results of the annual general meeting (the "Meeting") of shareholders of the Company held on December 9, 2008. Details of matters considered at the Meeting are contained in the Company's proxy statement/information circular dated November 5, 2008, which is available on SEDAR at www.sedar.com.

Each of Garry L. Anselmo, James F. Dixon and Stuart C. McCulloch were re-elected as members of the Company's board of directors by over 90% of the votes cast at the Meeting. The Company's shareholders also re-appointed Berkovits & Company, LLP as auditors of the Company at a remuneration to be fixed by the directors. Shareholders representing 66.6% of the outstanding common shares of the Company voted at the Meeting.

"Silverado is appreciative of its shareholders for their strong support in favour of management's recommendations at the annual meeting", said Garry Anselmo, the Company's President and CEO.

ABOUT THE COMPANY

The Company is an exploration stage company focused on the exploration of gold properties, with some past production, and the development of new environmentally friendly low-rank coal water fuel technology. The Company has gold properties located throughout Alaska, which include a 100% interest in numerous mining claims located on the Nolan Creek property. The Company is developing low-rank coal water fuel that is designed to be produced from low-rank coal and processed into an environmentally friendly oil substitute. Silverado Green Fuel Inc. is a wholly owned subsidiary of its publicly traded parent, Silverado Gold Mines Ltd. For more information, please visit http://www.silverado.com/.

SOURCE Silverado Gold Mines Ltd.