Silver Falcon Mining Inc. (fka SFMI)

[dumluck]

Excerpt from report dated 6/29/2011


Smelter and Refinery Update:

Silver Falcon Mining, Inc. has received a conditional use permit on its application for a building and for operating a smelting complex on the site of its Diamond Creek Mill in Murphy, Idaho. Building plans have been submitted for approval by the county and tenders have been put out for erection and commissioning of its permanent assay laboratory and smelter complex on the already prepared high security area. Even though, the smelter complex building has yet to be completed, the Company has a temporary secure location that is being readied for July 2011 smelts of its stored ore bearing concentrates into bullion dore.

An agreement has been reached in principle with a foreign refinery and contracts are being drawn up to finalize the last stage of what will be a revenue producing operation; details on this agreement and subsequent sales of bullion dore will be forthcoming in ensuing releases.