FARALLON MINING LTD : news

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08 juil. 2009 •23:11

Farallon Ships Zinc Concentrates to Canadian Smelter

VANCOUVER, July 2, 2009 /PRNewswire-FirstCall via COMTEX News Network/ --
Dick Whittington, President and CEO of Farallon Mining Ltd. ("Farallon" or the "Company") (TSX:FAN) is pleased to announce that Farallon has shipped 4,398.94 wet metric tonnes of zinc concentrate to the Teck Metals Ltd. smelter in Trail, B.C. This is the first shipment of zinc concentrate from the G-9 Mine in Mexico to a smelter in North America.

This shipment of concentrate was loaded at the Port of Manzanillo, Mexico on June 15, 2009 and sailed for Vancouver, B.C. on June 17, 2009. The vessel "Global Pioneer" arrived at Vancouver Wharves on June 27, 2009 at which time unloading of the vessel commenced through Vancouver Wharves. The final destination of this parcel of zinc concentrate will be the Teck smelter in Trail, B.C.

For photos of the unloading of the G-9 concentrates at Vancouver Wharves, please follow the link below to view:

http://www.farallonmining.com/i/fan/photo--galleryjuly2009/index.html

President and CEO Dick Whittington stated "This further establishes Farallon as an international producer of mineral concentrates. Coupled with our earlier shipments to Asian smelters, this delivery of concentrates opens up another customer for our products, which are being well-received in international markets. Both our off-taker, Trafigura Beheer BV Amsterdam, and our Manager, Marketing for mineral concentrates, Mr. Tomas Alba, have been doing an excellent job of placing Farallon's products in various smelters globally. We look forward to continued success as we continue to deliver concentrates into the future."

Farallon's G-9 zinc, copper, silver, gold and lead mine at the Campo Morado Property in Mexico reached commercial production in April 2009. The Company expects to produce at an annualized production rate of 120 million pounds of zinc and 15 million pounds of copper for the remainder of 2009.

ON BEHALF OF THE BOARD OF DIRECTORS J.R.H. (Dick) Whittington President & CEO No regulatory authority has approved or disapproved the information contained in this news release