Silver Falcon Mining, Inc. provided an update on the regulatory approval process on the company's closed circuit leaching plant. Drilling program update: with the property now secured, the equipment necessary for work to begin in the Sinker Tunnel Gold Project is arriving on site and is being made ready for use. There are three kinds of ore on the Company's properties; INFERRED resources, PROBABLE reserves and PROVEN reserves.

The drilling program will be an ongoing affair with drilling both inside and on the surface of the mountain while it explores and evaluates the value of the ore available. This will translate into the much awaited instrument NI 43-101 giving the shareholders positive proof of the value of their holdings. A supply of the rich ore from the veins available in the Sinker tunnel will enable the Company to adjust its mill to the appropriate settings for a continued production and delivery of Bullion DORE.

Metallurgical lab update: the company expects the laboratory facility to be fully operational in the near future. Enclosure and inside furnishings are being completed and barring any unforeseen event, should be occupied and in operation by the end of the year. Mill update: the company curtailed its night operations at the mill to allow for the testing and adjusting of the crushing and gravity circuits, which will handle the processing of virgin ore from the Sinker tunnel within the permissible directives of the agencies concerned.

This will allow a concentrated effort on the Flotation Circuit and will permit an increase in productions of precious metal concentrate to allow for full production of all circuits (crushing, gravity, flotation, leaching) in 2013. In the meantime, an increase in bullion delivery is anticipated next year as both the new ore from the Sinker tunnel and the output from the flotation circuit increase in tonnage.