MURPHY, ID, Nov 08, 2011 (MARKETWIRE via COMTEX) -- Silver Falcon Mining, Inc.
(OTCBB: SFMI) announces that it delivered 136 ounces of BULLION DORE to its
contracted refinery, Republic Metals Corporation, and has subsequently received
payment on this first delivery. The Company sent a portion of its bullion dore
stockpiled to confirm and initiate its contract with Republic. The outlined
refinery process, the professionalism, and the price structuring were very
advantageous to SFMI. This initial delivery will be followed by regular
shipments of stockpiled 'Bullion Dore.'

The refinery's assays on the 'Bulllion Dore' delivered, closely matched SFMI's
Diamond Creek assay laboratory results, with the checked assays sent to Chris
Christopherson, Inc., Kellogg, Idaho, a third-party external laboratory that
verified these Company's results. Once verification was certified, Republic
Metals Corp. made payment to SFMI.

At present, the Company is using temporary facilities on site to smelt its ore
concentrates and produce 'Bullion Dore' bars. Once the secure smelting facility
is completed, and equipment and personnel permanently relocated, information
about inventories and other particulars will be reported in SFMI's filings. The
security and well-being of our employees remains a commitment at SFMI; until
then, numbers will only be presented in forthcoming required US SEC filing
reports.

To date, the Company processed approximately 9,500 tonnes of tailings to produce
10 tonnes of concentrate containing gold/silver. Various modifications are being
made to the mill to further improve the precious metal recoveries and reduce
water consumption. Mill assays performed on through-puts and concentrates
revealed that further precious metal recovery is possible. Mill engineers have
taken steps to increase recovery percentages, furthering production values.

Commenting on the start of a revenue stream from the mill complex, SFMI's Chief
Executive Officer, Mr. Pierre Quilliam, commented, "After 2 years of ceaseless
efforts by the officers and staff of our entire operation, we are somewhat
humbled and elated by the realization that a milestone has been passed in the
development of our Company. Four years ago, the Company contracted to develop
172 acres of a promising Gold and Silver extraction venture and showing revenue
already is a grand accomplishment. The start of revenue into our current quarter
assures our shareholders that the waiting is over and that they will be able to
proudly follow our Company's fiscal and upward progression in the quarterly and
year-end reports to be filed with the US SEC."

As mentioned in past communications, a 15% holdback from proceeds received will
be sent to SFMI's stockbroker for the purpose of buying back SFMI's shares out
of the open market and retiring them to treasury. Shares bought in total
aggregate will be reported in subsequent US SEC filings.

As of November 2, 2011, the Company's shares where once again trading on the
OTCBB-Over the Counter Bulletin Board market. FINRA accepted the Company
application to commence trading on the OTCBB, and SFMI would like to thank all
parties who participated in getting this application approved.

Silver Falcon Mining, Inc. (OTCBB: SFMI) is a developer and explorer of mineral
resource properties, primarily in Owyhee County, Idaho, USA, with the objective
of being a profitable, low-cost, precious metal producer and creating
significant growth in shareholder value.