FARALLON Resources Ltd. Vancouver BC. TSX : FAN, a Canadian company with a Zinc rich polymetallic mine in Guerrero state, Mexico, which is in the initial stages of operation at its high-grade G-9 massive sulphide deposit. The target is to be in commercial production at full design capacity of 1,500 tonnes per day in January 2009.

On November 10, 2008 the company announced the new revised 20 month plan that incorporates several areas of optimization primarily through the use of lower cost, open stoping mining methods. This plan was initiated with the objective of compiling the most economically robust plan possible, given the uncertain outlook for metal prices at this time, and is the basis for mine-planning going forward.

Target: Commercial production in January 2009

The targeted production for the calendar year of 2009, is to produce 120 million lbs of zinc, 15 million pounds of copper, 1.5 million ounces of silver, 14,500 ounces of gold and 6 million pounds of lead.

Recently Farallon announced a 20 month mine plan that incorporates several areas of optimization primarily through the use of lower cost, open stoping mining methods. This plan was initiated with the objective of compiling the most economically robust plan possible, given the uncertain outlook for metal prices at this time, and is the basis for mine-planning going forward.

Farallon's G-9 deposit should have an advantage over its peers when it is in full production as it has the potential to be a low-cost zinc producer that has the ability to weather the current downturn in metal prices. In this current market environment it is also important to focus on minimizing costs as much as possible in order to survive and prosper and the company is doing this in all areas of the company's activities. The significant zinc grades at the G-9 deposit should also enable Farallon to do so.

Farallon's management is committed to maximizing the efficiencies at the G-9 mine and creating a world-class zinc company that will not only survive in the short-term, but prosper over the long-term with the value being passed on to the shareholders.