Brief Review/Overview of Silver Falcon Mining Inc. to date April 6, 2009.

Website: www.silverfalconmining.com.

Contact: Investor Relations at Yes International; Mr. Richard Kaiser @ 800 631-8127

(News Release summary below).

Disclosure: I am a long shareholder of SFMI.

Shares: 78,591,235 (43,942,241 restricted) (34,648,994 float/free trading)

Soon to be listed on OTCBB

Property: War Eagle Mountain, Silver City Mining District, southern Idaho

- The War Eagle Mountain property of SFMI has an historic production of underground, high grade gold/silver…adjacent to Kinross open pit property which produced $1.8 billion gold/silver.

- War Eagle is the eastern most and highest ore grade of the three gold peaks in the Qwyhee Gold Trend. …includes the most prolific and famous silver producing mine in the western U.S.

Idaho Bureau of Mines Report (2 page synopsis) on War Eagle Mountain reports:

- 3 primary gold and silver veins; “Oro Fino”, “Central” and “Poorman”.

- Oro Fino: over 12,000 ft., .5 to 25 ft. thick, grading .5 to 1.25 oz/ton….with 6 known associated veins.

- 40 other offshoots/veins associated with Oro Fino and Poorman veins.

- Another vein, Cumberland, produced very rich ore.

- Ore produced has averaged 2.52 oz./ton. gold (gold/silver combined).

- War Eagle production ratio was 1:14: 1 oz. gold to 14 oz. silver.

- Several large pockets of very rich ore, “hot spots”, are scattered throughout the mountain with grades of 25 oz. gold equivalent /ton….to 90-300 oz/ton.

- Estimates of reserves range from 500,000 to 3 million oz gold… confirmed by recent surveys …

- and with silver values added these reserves could reach 5 to 8 million ounces of gold equivalent. (rare precious metals analysis to be completed on assay samples re June 17th NR, ie; Rhodium in mineable concentrations).

- High grade veins are open at length and to depth in some areas.

- Considerable promise for future activity.

Idaho Geological (library) Report: highlights (thanks to ed86…2/27/09 posting on Stockhouse):

- prospecting laterally and at depth is justified.

- Average ratio from production reveal a 1:30 ratio of gold/silver. (differs with Idaho bureau Report of 1:14 ratio).

- Richest ore concentrations found where such veins as Oro Fin, Golden Chariot, Poorman and others were cross fractures intersected them…which require careful observation.

- Ore shoots (profitably extractable areas of veins) of up to 500 ft. horizontally, extend to the greatest depths mined (1500 ft.).

- Ore shoots are irregular and vary from lean to rich. It is possible that previous workings at depth were done in the most unpromising areas of the veins, without sufficient knowledge of such geological features as pitch.

- Previous operators “took out such ore as could be obtained with a minimum of development work”. (remember that anything under 2 oz. gold was not considered economical at that time; up to 1933).

- “In fact, it is believed that never before or since has so little real exploratory work been done in so important a mining district”.

- Revised estimate of production commencing April/09 with tailings processing; to reach 70 to 100 tons/day this year... Annual yield at full capacity estim. $330 million at $1000 gold…estim. mine life 15 to 20 years.

- Mill production in Melba, Idaho @ 70 ton/day with 100 ton/day anticipated to follow..

- No need for leaching/processing permit as a water gravity system has been approved by the City of Melba.

- Over 36 tailings stockpiles include muck production ore left in the Illinois shaft from 1909. 16 tailings dumps are being targeted by SFMI.

- See metallurgical Summary done by Met-Solve Labs of Burnaby, B.C., of March 13th, 08. (website).

Unofficial notes

- almost two years of planning/negotiations to set up co. with Chinese Fund

which took property over circa 2000 by assuming defaulted Kinross loan on the

property.

- Public shell purchased and shares reverse split 200 to one…late 2007.

- Goldcorp Holdings Co.(not related to Goldcorp Mining) owns the property on War

Eagle Mountain, Silver City Mining District in southern Idaho. (see website).

- apparently, the new owners of the property were not then aware of the potential

value of the property. Several NRs reveal positive surprises such as the NR. Shareholder meeting and Mine site tour Sept. 27th. 08.

- Insiders/investors of SFMI paid $16.8 million to Goldcorp Holdings for mining

rights (see NRs below). Goldcorp Holdings receives 15% of net resources: SFMI receives 85% of net resources.

- Insiders received 32 million shares @approx. 60 cents/share (restricted for two

years) of the then 48 million outstanding shares of SFMI…see shares above.

- Insiders include Chinese Fund, Pierre Quilliam (Pres.)

- cash on hand June,08 over $1 million.

- Mill paid for and Deep Rock Engineering paid in cash.

- First Dore bar poured gold/silver, April 4/08 was 25 Kg.

- NR of June 17/08: pending assays include presence of rare metals “possibly present in

Quantities.

- average grades from tailings hint that they will be higher than expected.

- New surface mineral zone discovered June/08.

- Visible mineralization noted in Poorman mine Sept/08.

- New geologist Paul Dockweiler impressed with potential.

- Stock buy back program mentioned in Jn5/08 NR.

- Acquisition of Sinker Tunnel mine completed NR Jan.15/08.

- Mill engineer and production manager hired Jan.27, 08 NR.

- New mill output expectations quadrupled NR Feb. 6/09.

- Listing criteria upgraded Feb. 26/09 NR.

- Total tailings tonnage increased to 303,000 tons 5.1 gm gold and 72 gm. Silver form tailings at mill site.

Scuttlebutt/informal discussions

- Assay grades, gold/silver in tailings will surprise to the upside.

- Solid concentrations of Rhodium (most precious ally) found.

- Sept. 27/08 tour of mill, tailings and Belle Peck adit and mine entrance, visible precious

metals seen in exposed veins… well received by 25 to 30 shareholders.

- much large equipment observed.

- Mine is about 1 hour fromBoise/ Nampa…30 minutes off paved road.

- Impressions via Pierre in his company positive; appears bright with strong business mind and cordial...vaults set aside for production storage if needed.

- 300,000 tons tailings at 5 gms (.16oz) gold plus 72 gm (2.3 oz) silver at $1000 and $12 = $48 million plus $8 million = $56 million. Now, increase the grades and what do you get? Then increase the tonnage with further tailings.

- New funding raised to buy mill components; finish mill; acquire Sinker Tunnel; new engineers; infrastructure; hauling tailings; 2 hired geologists.

- Idaho Bureau of mines contacted; former Kinross geo. Indicated massive potential.

- Only about 23 million shares trade freely.

- New shares were issued under 144 restricted rule.

- New War Eagle discoveries to be discovered in 2009..expectations of undiscovered veins.

- Former Sinker Tunnel owner received shares for sale.

- Original shareholders did in depth due diligence.

- Onsite visit by shareholder reveals the massive Belle Peck tailings pile by Mill; Mill start-ups are complex, incorporating stat-of-the-art, non-chemical leaching process; crusher; hopper; conveyor belts; ore feeder; ball mill; more conveyer belts; holding tanks; separators; shaker tables; yields very high gold and silver; into drums; shipped to Canadian mills; final product gold and silver bars.

- Estimated mineral value in first tailings pile at $1.5 million.

- Draining of shafts will allow access to high grade ore via Sinker Tunnel for processing.

- New geologists impressed with tailings and underground findings to date.

- New assay results should open some eyes.

- Much concern expressed over stock manipulation from shorts/naked shorts…similar to many JPM stocks.

- New OTCBB listing to a reporting company will improve situation and visibility….legitimate share sales going into strong hands.

- Circa Feb/March: additional improvements to mill via additional ball mill/wet-line circuit to refine and increase output.

- Estimates of 4 million equivalent gold ounces on SFMI War Eagle property (with exploration upside)…at $925/oz. = $3.7 Billion.

- Snow level is around 3000 ft. this year so access to mine via Sinker Tunnel will be early.

- Bill Earll, onsite foreman, is native to area

- Tailings on south side of mill may contain much higher grades than expected. .as per recent observation...visible metal.

- Mill to ramp up to 25 tons/day yielding approx. $6 million in one year…summer/fall ramp up to 100 tons/day wit anther ball mill =$24 million/year ($1000/oz).

- Fresh ore may be accessed this summer and mixed with tailings to further improve revenue to plus $30 million or more.

- Has SFMI/War Eagle been “noticed” by any mining companies hungry for resources?

- Share buyback with dividend talk suggest that Pierre Quilliams is confident SFMI had the goods.

- Auditors are impressed with Pierre and information.

- Pierre upbeat and confident. Auditors near finish line Permitting and codes soon to be approved and met.. Expectations for production to commence soon are high.