VANCOUVER, May 12 /PRNewswire-FirstCall/ - Farallon Mining Ltd. ("Farallon" or the "Company") (TSX: FAN) is pleased to announce that William E. Stanley, retired P. Eng, and a Director of Farallon, was named to the Fifty - Year Club at the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Annual Awards Gala held on May 10, 2010 at the Vancouver Convention Centre.

The CIM Fifty - Year Club is considered a prestigious honour that recognizes those few select individuals that have dedicated their lives to the Mining Industry and its people.

Bill has had an incredible career in the mining industry, encompassing both international and domestic assignments. A retired partner from Coopers & Lybrand Consulting (presently PricewaterhouseCoopers), he was the Director of Canadian and international mining practice for the firm. A long time active member of industry and community organizations, he is a Past President of the Canadian Institute of Mining and Metallurgy, and in addition to the most recent CIM recognition, he is also a previous recipient of both the CIM Distinguished Service Medal, in recognition of his exceptional service to the industry, and the CIM Distinguished Lecturer Award. Mr. Stanley is a retired adjunct Professor at UBC's Department of Mining Engineering. Mr. Stanley is also the founding Chairman of the Mining Suppliers, Contractors and Consultants Association of BC. He is a former Director of Westmin Resources Limited, Gibraltar Mines Ltd., Kensington Resources Ltd., Luscar Ltd. and Teck Corporation.

Farallon's President and CEO, Dick Whittington, stated "It is extremely gratifying to see Bill receive such well deserved recognition for his years of service, hard work and dedication to the mining industry, we are extremely grateful for his continued contribution to Farallon's Board."

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, silver, and lead.

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 (604) 638-2160 or within North America at 1-877-688-2050.

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

No regulatory authority has approved or disapproved the information contained in this news release

SOURCE Farallon Mining Ltd.

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