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Far West Mining Commences Drilling at Santo Domingo

28.01.2011  |  Marketwired

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/28/11 -- Far West Mining Ltd. (TSX: FWM) is pleased to announce that drilling will commence at the Santo Domingo Property in Chile on January 30, 2011. The drill program is a combination of condemnation drilling at the Santo Domingo project and testing of new exploration targets in the Candelaria IOCG belt.


Far West Mining ('the Company') plans to conduct a 4,000 metre drill program on its Region lll Chilean properties.


The first part of the program consist of a number of condemnation drill holes (4 holes for 1200 metres) that are designed to sterilize the ground that is projected to host the plant, waste dumps and tailing facilities of the future Santo Domingo mining operation. The data from these drill holes will be utilized in the ongoing Pre-Feasibility Study for the project.


The second part of the program will test several anomalies on the Santo Domingo Property as well as a number of regional targets to the north and southwest of the Santo Domingo Property. The targets have been generated from regional ground geophysical surveys that commenced in early January and are still ongoing.


The Company is applying the detailed knowledge of iron-copper systems in Chile that was acquired during the Santo Domingo discovery. The objective is the discovery of another buried ore body of the same type elsewhere in the belt.


Metallurgical test work is progressing well and returns favorable data. Detailed results will be reported next week.


The in-house qualified person responsible for the Project is Richard N. Zimmer, P. Eng., President and C.E.O. of Far West Mining Ltd. who has reviewed and approved the contents of this news release.


Far West Mining Ltd. is an international mineral exploration company engaged in the evaluation, acquisition, exploration and development of mining properties. The Company has current operations in Chile and Australia.


FAR WEST MINING LTD.


Richard N. Zimmer, P.Eng. President and C.E.O.


For further information investors should review the Company's filings that are available at www.sedar.com.


This news release contains certain statements that may be deemed 'forward-looking statements'. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans' 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.


The news release uses the term 'indicated resource'. The Company advises investors that although this term is recognized and required by Canadian securities regulations (under National Instrument 43-101 'Standards of Disclosure for Mineral Projects'), the US Securities and Exchange Commission does not recognize this term. Investors are cautioned not to assume that any part of or all of the mineral deposits in these categories will ever be converted into reserves.


The TSX does not accept responsibility for the adequacy or accuracy of this news release.

Contacts:

Far West Mining Ltd.

Rick Zimmer

(604) 602-9144
info@farwestmining.com
www.farwestmining.com



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