Farallon Resources Ltd. (fka FRLIF)

[the cork]

Farallon To Announce Second Quarter Results On August 11, 2010, Conference Call To Be Held On August 12, 2010

August 4, 2010, Vancouver, BC - Farallon Mining will release its second quarter results on Wednesday August 11, 2010. A conference call and webcast will be held by management on Thursday August 12, 2010 at 8:00 AM Pacific Time (11:00 AM Eastern Time) to further discuss the results.

The conference call can be accessed by telephone at the following numbers [phone] or the toll-free number [phone]. A live webcast will also be available at www.farallonmining.com or at the following webcast location : http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3146000. The replay of the conference call will be on the website after the call is completed.

Farallon operates the G-9 zinc mine on its Campo Morado Property in Guerrero State, Mexico. G-9 is a 1,500 tonnes per day, underground, zinc mine with important by-product credits of copper, gold, and silver, and with operating costs in the lowest 10% of zinc producers worldwide. The Company is targeting to produce at an annualized production rate of 120 million pounds of zinc and 15 million pounds of copper per year.

For further details on Farallon Mining Ltd., please visit the Company's website at www.farallonmining.com or contact Neil MacRae, Investor Relations Manager, at [phone] or within North America at 1-877-688-2050.

ON BEHALF OF THE BOARD OF DIRECTORS
J.R.H. (Dick) Whittington
President & CEO


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