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Farallon Mining Ltd.

Publié le 19 août 2010

Announces Extension of Zinc and Copper Concentrates Contracts Up To December 2014

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Mots clés associés :   Canada | Copper | Precious Metals | Zinc |
August 19, 2010, Vancouver, BC  Farallon Mining Ltd. (�Farallon� or the �Company�) (TSX:FAN) announces that it has extended its zinc and copper concentrates contracts for 2 � years with Trafigura Beheer BV Amsterdam, up to December 2014. More favourable terms have been agreed in both contracts reflecting the current market situation and adjusted to Farallon's quality.

For zinc, a fixed treatment charge has been negotiated for tonnage shipped between July 1st, 2010 and March 30th, 2011. From April 1st 2011 to September 30th 2012, a discount over the benchmark treatment charges will be applied to 50% of zinc concentrates production and starting 1st October 2012, a discount over the benchmark treatment charges will apply to 100% of Farallon production of zinc concentrates. In the case of copper concentrates fixed treatment and refining charges apply; however, from August 2011 benchmark treatment and refining charges will be applied.

For more than 2 years, since Farallon started production at the G-9 mine, the Company's concentrates have been shipped to smelters in Korea, China, Japan and Canada. Both Farallon zinc and copper concentrates are �clean� concentrates with unusually low levels of impurities. At the same time, both concentrates are high in precious metals. As a result, all smelters are fully satisfied with Farallon's quality, confirming the positioning of the Farallon brand in the international market�

To view this news release in its entirety, please click on the link below or copy and paste it into your web browser.

http://www.farallonmining.com/fan/NewsReleases.asp?ReportID=415087

For further details on Farallon, please visit the Company's website at www.farallonmining.com or contact Neil MacRae, Investor Relations Manager, at (604) 638-2160 or within North America at 1-877-688-2050.

Best Regards,
Investor Services

Hunter Dickinson
Toll Free 1-800-667-2114 | Main 1-604-684-6365
info@hdgold.com | www.hdgold.com

Follow us on Twitter: http://www.hdgold.com/Twitter.html


If you no longer wish to be on Farallon's email distribution list, simply reply to this email with �Remove FAN� in the subject line.

 To be removed from all of HD's email lists please reply to this email with �Remove All� in the subject line.
 Other HD affiliated companies include Amarc, Anooraq, Continental, Curis, Farallon, Heatherdale, Northern Dynasty, Rathdowney, Rockwell, and Taseko. Visit us at www.hdgold.com for more information.


�Notice Regarding Transmission

This message is intended only for the person(s) to whom it is addressed and may contain information that is privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination or copying of this communication is prohibited. Please notify us of the error in communication by telephone (604-684-6365) or by return e-mail and destroy all copies of this communication. Please note that any views or opinions presented in this email are solely those of the author and do not necessarily represent those of Hunter Dickinson Inc. or any affiliated or associated company.  The recipient should check this email and any attachments for the presence of viruses. Neither Hunter Dickinson Inc. nor any affiliated or associated company accepts any liability for any damage caused by any virus transmitted by this email. Thank you.�
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Farallon Mining Ltd.

CODE : FAN.TO
ISIN : CA30739T1012
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Farallon est une société développant des projet miniers basée au Canada.

Farallon est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 377,7 millions CA$ (381,1 millions US$, 284,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 1998 à 5,05 CA$, et son plus bas niveau récent le 14 novembre 2008 à 0,10 CA$.

Farallon possède 478 154 000 actions en circulation.

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Rapports annuels de Farallon Mining Ltd.
Annual report 2007
Financements de Farallon Mining Ltd.
15/01/2008ANNOUNCES CLOSING OF PUBLIC OFFERING AND COMPLETION OF PRIVA...
27/11/2007ANNOUNCES BOUGHT-DEAL PUBLIC OFFERING & PRIVATE PLACEMENT FI...
Nominations de Farallon Mining Ltd.
02/08/2007 ANNOUNCES KEY STAFF APPOINTMENTS INCLUDING GENERAL MANAGER
Rapports Financiers de Farallon Mining Ltd.
16/11/2009ANNOUNCES THIRD QUARTER OPERATING AND FINANCIAL RESULTS
12/08/2009Positive Cash Flow from G-9 Mining Operations Second Quarter...
07/08/2009Second Quarter Results
Projets de Farallon Mining Ltd.
09/05/2008(Campo Morado)ANNOUNCES ADDITIONAL G-9 DRILL RESULTS:
21/01/2008(Campo Morado)RESUMES DRILLING AT G-9 DEPOSIT
Communiqués de Presse de Farallon Mining Ltd.
19/08/2010Announces Extension of Zinc and Copper Concentrates Contract...
09/02/2009Mexican Prosecutor Rules on Criminal Misconduct Case Finds N...
26/05/2008Finalizes Agreement With Silver Wheaton, Retires Bridge Fina...
14/05/2008SECURES $3.8 MILLION LOAN
13/05/2008ANNOUNCES $80 MILLION SILVER SALE AGREEMENT WITH SILVER WHEA...
01/05/2008ANNOUNCES BEST DRILL RESULTS TO DATE AT G-9 DEPOSIT:
23/04/2008ANNOUNCES SIGNING OF AGREEMENT TO INCREASE BRIDGE FACILITY T...
19/03/2008PROVIDES UPDATE ON BANKING ARRANGEMENTS
11/03/2008PROVIDES LEGAL UPDATE
23/04/2007RECEIVES MINE PERMIT FOR G-9 DEPOSIT AT CAMPO MORADO
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TORONTO (FAN.TO)FRANKFURT (FB2.F)
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