SILVER FALCON MINING, INC. (SFMI)  RECEIVES FUL

SILVER FALCON MINING, INC. (SFMI) 
RECEIVES FULL PERMIT ON LEACHING CIRCUIT; PROVIDES OTHER UPDATES.

Murphy, Id. -- (MARKET WIRE) -- 08/23/12 -- SILVER FALCON MINING, INC. (SFMI.OTCBB) August 23, 2012 the Board of Commissioners of Owyhee County granted Silver Falcon Mining, Inc. a full permit to build and operate a “Closed Circuit Leaching Plant.” Management reports that no formal opposition was recorded by the prescribed appeal period of August 15, 2012 at 5 pm MT. The leaching plant permit is now effective.

This is the first permit to be issued in Idaho under the new EPA (Environmental Protection Agency) and DEQ ( Department of Environmental Quality ) rules and will be of immense value to the Company’s future operations.

The actual contents of the permit and its conveniences will be posted to the Company’s web site.

Final specifications and drawings for the Company’s Diamond Creek Metallurgical Lab have been reviewed and have been submitted to the  Owyhee County Building Inspector's office for approval and conversion of the building permit to SFMIs corporate name from the previous contractor's.

SFMI’s permanent on-site staff will start the necessary work to complete the Lab building in the ensuing weeks ahead.