You can get color images from that if you mix your own CD-3 based color developer, use C-41 bleach and fixer, and get a hexamine or formalin based stabilizing bath. I've heard of people getting useful development with unaltered C-41 at 80 F -- but the formalin or hexamine stabilizer is crucial for C-22 dyes.
The silver layer in that film, AFAIK, is actually the yellow filter layer below the blue-sensitive color layer. Careful treatment with Farmer's Reducer after B&W processing can reduce this layer's density with only slight loss of image silver.