Farallon Commences Shipping Concentrates to Asian Smelters

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[{"type":"text","content":"\n\n\n\nVANCOUVER, Feb. 23 /CNW/ - Dick Whittington, President and CEO of\nFarallon Resources Ltd. ("Farallon" or the "Company") (TSX:FAN) is pleased to\nannounce that Farallon has commenced the shipping of zinc, copper, and lead\nconcentrates from the Port of Manzanillo, Mexico to smelters in Asia. This\nmarks the first and second loads of concentrates from the G-9 Mine onto\nvessels for shipment to the smelters.\n\n\nFarallon has been trucking concentrates to the port of Manzanillo since\nOctober 12, 2008 (see Farallon News Release October 16, 2008). Since that time\nFarallon has been building an inventory of concentrates available to maintain\nregular shipments on a going forward basis.\n\n\nOn February 12, 2009, Farallon shipped approximately 5,500 tonnes of zinc\nconcentrate, 1,000 tonnes of lead concentrate, and 500 tonnes of copper\nconcentrate onboard the vessel "Miltiadis Junior II", which called into\nManzanillo with the final destination ports of Onsan, South Korea, Jinzhou,\nChina, and Lianyungang, China. Farallon's second shipment of concentrates\nincluded approximately 5,300 tonnes of zinc concentrate, and 500 tonnes of\ncopper concentrate aboard the vessel "Ocean Star" which sailed on February 21,\n2009 to the respective destination ports of Onsan, South Korea and Nanjing,\nChina.\n\n\nFor photos of the loading of the G-9 concentrates on to the vessels,\nplease follow the link below to view:\n\n\nhttp://www.farallonresources.com/i/fan/photo--gallery/index.html\n\n\nPresident and CEO Dick Whittington stated "The commencement of vessel\nshipments is yet another significant milestone in the overall development of\nthe G-9 Mine. This initiates our off-take agreements with Trafigura Beheer BV\nAmsterdam and revenue generation has now started for the Company. Everyone\nassociated with Farallon should be very proud as the start of vessel shipments\nis a very important step in that process."\n\n\nFarallon has advanced the G-9 polymetallic (zinc, copper, silver, gold,\nlead) project at its Campo Morado Property in Mexico through a 'Parallel\nTrack' program. Surface facilities were largely completed in mid 2008,\nfollowed by mill commissioning and underground stope development during the\nbalance of 2008. The mine is currently in production and targeting reaching\ndesign cap...

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