Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 27, 2009, the Board of Directors of Silverado Gold Mines Ltd. (the "Company") accepted the resignation of James F. Dixon as a member of the Company's Board of Directors.

On March 27, 2009, the Company's Board of Directors elected Robert M. Dynes as a director of the Company, to fill the vacancy created on the Board of Directors by the resignation of Mr. Dixon. Mr. Dynes will replace Mr. Dixon on the Audit and Compensation Committees of the Company's Board of Directors.

Mr. Dynes graduated with a Bachelor of Science in Biology from McMaster University in 1986. Born and raised in Hamilton, Ontario, Mr. Dynes obtained a securities license from the Ontario Securities Commission in 1991 and worked as a stockbroker from 1992 to 1997 with McDermid St. Lawrence Securities/Raymond James, specializing in penny mining companies. Mr. Dynes has worked on occasion, during the mid-1980s to the early 2000s, for Hill, Goettler, DeLaporte Ltd. and Firth, Goettler Ltd. prospecting for gold in the Geralton, Pickle Lake, and Red Lake mining districts in Northern Ontario. Since December 19, 2001 to the present, Mr. Dynes has performed investor relations services for the Company.

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