Silver Falcon Mining, Inc. (SFMI) Looks Forward to Production at Its Melba, ID Mill

Silver Falcon Mining, Inc. announces its readiness to become a gold and silver producer at its mill in Melba, Idaho.

Subject to final certification by the various regulatory agencies, startup, expected by the end of December 2008, will be conducted using tailings stored at the mill. Once the full milling circuit is online, precious metal production will be done on a continuous basis.

The Company’s contractor completed the Belle Peck entrance and secured it against any unauthorized entry. Pictures of this completed work can be found at: www.silverfalconmining.com

SFMI’s two geologists started evaluating the various properties and begun assays of the major and subsidiary veins in/on the War Eagle Mountain. Preliminary tunnel surface evaluation revealed ore bodies which appear to be rich in mineralization. Company updates shall continue as the stream of investigations and evaluations of these various tunnels and adits become conclusive.

The audit and legal work on the filing of registration documents with the United States Securities and Exchange Commission continues, with an expected filing in early 2009.

Mr. Pierre Quilliam, President of Silver Falcon Mining, Inc., said, “These are very exciting times for SFMI as the Company nears revenue generation.” He further adds, “During the continued evaluations of the numerous shafts and vein structures throughout War Eagle, some exciting new discoveries have come to light and we expect positive developments from these in the New Year.”

Silver Falcon Mining, Inc., is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America.

Further Information contact Rich Kaiser, Investor Relations 800-631-8127, www.silverfalconmining.com.