SOCIETE GENERALE TO JOIN LENDING GROUP

April 21, 2008, Vancouver, BC - Dick Whittington, President and CEO of Farallon Resources Ltd. (TSX:FAN; OTCBB:FRLLF) ("Farallon" or the "Company"), is pleased to announce that Societe Generale has committed US$10 million to the Bridge Facility for the G-9 project at the Campo Morado polymetallic (zinc, gold, silver, copper, lead) project in Guerrero State, Mexico.

Societe Generale joins NM Rothschild & Sons Limited and Paradigm Capital Inc. in the Bridge Facility, increasing funds available under the Bridge Facility by up to US$30 million, subject to execution of definitive documentation in the ordinary course. The transaction involves conventional financing terms and conditions and a 250,000 warrant equity component, which is subject to TSX approval.

The Bridge Facility is part of a previously announced debt arrangement package that also includes a US$70 million Refinance and Development Facility (see Farallon news releases of March 19, 2008, December 3, 2007 and March 21, 2007). The Bridge Facility will be used to finance a portion of the cost to acquire mining and processing equipment. Work is progressing for the Refinance and Development Facility which will be used to repay the Bridge Facility, and to finance the remaining construction activities for the mine and processing facilities of the Project�

To view this news release in its entirety please clicks on the links below or copy and past it into your web browser.

http://www.farallonresources.com/fan/NewsReleases.asp?ReportID=296742

If you have any questions do not hesitate to contact us as provided below.

Best Regards,

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


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