Silver Falcon Mining Inc. announced the acquisition of mining rights from Goldcorp Holdings Co. to an additional 160 acres of mineralization on War Eagle Mountain. Under the terms, GoldCorp Holdings Inc. amended the original mining rights agreement between the two Companies, whereas SFMI can operate an additional 7 claims, for 15 years with no additional earn-in expense. These 7 new War Eagle Mountain mineralization bodies, called the Cornice Zone, adds to SILVER FALCON Mining´s leases, making it a total of 15 lease claims and 14 mine shafts.

Silver Falcon Mining Inc. and Deep Rock Inc. released a joint communication detailing progress on the War Eagle Project. Deep Rock Inc. announced that they have successfully poured their first dore-bar in a test of the smelting lab facility constructed earlier in 2008. A later test will be conducted from production ore once the full milling circuit is completed in May-June, 2008. Additionally, Deep Rock Inc. announced that it has received an operating license from the Mine Safety and Health Administration.

Silver Falcon Mining Inc. released the results of an independent sampling analysis, conducted by Met-Solve Laboratories, Inc, of Burnaby, BC, Canada, on the initial production target area on its War Eagle gold project. The independent analysis program was conducted on the Poorman Mine tailingssampling. The Poorman´s tailings are considered to be the least valuable source of precious metals and are targeted for use in the initial production at the milling plant. Sampling analysis indicates that the target area contains a good % of gold with a majority of free-milling silver ore in a native state, a highly unusual and rare form. A silver ore is either free-milling or refractory; that is, the silver mineral is native or a chloride / sulphide combination. The native form is the simplest form to recover, but the least abundant form found in typical mines.