Far West Mining Ltd.
TSX : FWM

Far West Mining Ltd.

January 24, 2008 17:20 ET

Drilling Recommences at Far West's Santo Domingo Copper Project in Chile

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - Far West Mining Ltd. (TSX:FWM) is pleased to announce that drilling recommenced yesterday on its Santo Domingo copper project in Chile. The drilling campaign is designed to test geophysical targets to the north of the Santo Domingo deposit and for additional mineralization at Estrellita.

Santo Domingo Project, Chile - Copper

Far West recommenced drilling yesterday on its Santo Domingo property in Chile. The 8,000m drilling campaign will test geophysical targets that were defined by ground surveys conducted in the late summer and early fall of 2007. The new targets are located on the flanks of previously defined FALCON™ gravity anomalies and are thought to be indicative of sulphide mineralization. In addition, drilling will also be conducted to the northeast, west and the southwest of Estrellita in an attempt to expand the deposit (see January 10, 2008 release for map of the drill target areas).

Far West's Santo Domingo Property currently hosts a NI 43-101 Indicated Resource of 2.85 billion pounds of copper.

The in-house qualified person responsible for the Project is Robert E. Hindson, P. Eng., Chief Executive Officer, President and a director 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 (100% Far West) as well as in Argentina and Australia in collaboration with BHP Billiton.

FAR WEST MINING LTD.

Robert E. Hindson, 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.

Contact Information