News for 'SFMI' - (Silver Falcon Mining, Inc. (SFMI) Updates Activities Within the Sinker Tunnel, at Its Diamond Creek Mill Facility, and Over Tradability of Its Shares)


MURPHY, ID, Mar 03, 2011 (MARKETWIRE via COMTEX) -- Silver Falcon Mining, Inc.
(OTCBB: SFMI) announces the Sinker Tunnel is curre! ntly being rehabilitated to
meet the required Mine, Health and Safety Association's (MSHA) government
standards. The work includes installing and burying a twelve inch water drainage
pipe the entire length of the tunnel, 6080 feet. In addition, the timber
installed in the early 1900s is being removed in several areas of loose ground
and replaced with either steel reinforcement or roof-bolts and screens. It is
anticipated that this work will take until mid-April to complete.

The Company is also installing piping for air and water supply for a required
rescue chamber.

Once this work has been accomplish, diamond drill stations will be excavated at
the southwest end of the tunnel to permit exploration drilling to the south and
west of the tunnel. The purpose of the drilling will be to evaluate the known
vein systems as well as the potential sub-surface veins that are not exposed on
the surface but would be accessible for mining from t! he Sinker Tunnel.

In addition to the underground exploration, SFMI intends to embark on a detailed
surface mapping and sampling program in June once the snow cover disappears atop
War Eagle Mountain. This will be followed by a surface drill program to evaluate
the vein systems exposed on the surface.

The installation of the "Belt Press" in the mill, designed to dewater the
tailings more efficiently, will be completed by the end of March. The current
dewatering system only captures 50% of the solids with the other 50% going to
our tailings ponds. The purpose is to recover and recycle 97% of the water and
to send a higher quantity of dry solids to the tailings. This press will greatly
reduce the cost of maintaining the settling ponds, by eliminating most of them,
and diminish the plant's fresh water needs, allowing increased throughput.

The mill has been testing several types of flocculants. Their purpose is to
precipitate the s! ettlement of suspended solids in our process water. A more
effective product will result in a lower operating cost and a more efficient use
of our new belt press.

The assay laboratory equipment has been received and will be assembled within
the new lab building at or before the end of March 2011.

Mr. Scammell, President, said, "The Company continues to advance the project
towards its goal of identifying resources to complete a Canadian National
Instrument 43-101 (NI 43-101) and at the same time improving the efficiency of
the mill."

The Company further acknowledges that SFMI is a fully-reporting Company under
the US SEC 1934 ACT. Management realizes that its stock is now trading on a new
trading platform. This change has caused disruptions in numerous quote servers
which have yet to update to this new trading platform. The Company's symbol,
SFMI, remains the same as well as its fully-reporting status and disclosures.
SFMI, ! along with 100's of other fully-reporting issuers have been moved over to
this new platform, without FINRA notification or acknowledgement to SFMI's
management. The Company remains diligent on learning more about the reasons for
this recent trading platform change.

Further Information: contact Rich Kaiser, Investor Relations, 800-631-8127
and/or visit http://www.silverfalconmining.com/.

Silver Falcon Mining, Inc. cautions that the statements made in this press
release constitute forward-looking statements, and makes no guarantees of future
performance and actual results or developments may differ materially from the
projections in the forward-looking statements. Forward-looking statements are
based on the estimates and opinions of management at the time the statements are
made.





Contact:

Rich Kaiser

Investor Relations

800-631-8127





SOURCE: Silver Falcon Mining, Inc.




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SUBJECT CODE: Government:Local

Manufacturing and Production:Mining and Metals

Government:State

Source: Comtex Wall Street News