July 6, 2009 (FinancialWire) — Silverado Gold Mines Ltd. (OTCBB: SLGLF) (Frankfurt: SLGL) appointed Donald Balletto as its new chief financial officer, effective June 25, 2009. Balletto, who recently joined the company’s board of directors, will now play a key role on Silverado’s executive team.

“We are extremely pleased to welcome Don to Silverado’s management team. His years of experience as an accountant and accounting manager will be well drawn upon,” said Garry Anselmo, who is resigning from his CFO post to make way for Balletto. Anselmo will continue as Chairman of the Board of Directors, CEO, COO and President.

Silverado made no other organizational or reporting structure changes in conjunction with this announcement.

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