Far West Mining Ltd.
TSX : FWM

Far West Mining Ltd.

January 10, 2008 18:24 ET

Far West Mining to Commence an 8,000 Metre Drill Program on Its Santo Domingo Property, Chile

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2008) - Far West Mining Ltd. (TSX:FWM) is pleased to announce that the Company has contracted Major Drilling Group International Inc. to carry out an 8,000 metre drill Program on its Santo Domingo Copper Property in Chile, commencing in late January.

In the late summer and early fall of 2007 Far West conducted geophysical surveys over the Santo Domingo Sur, Iris and Estrellita copper deposits employing a method that had not previously been used on the property. The Santo Domingo Sur and Iris deposits, which comprise stacked manto sequences and share similar mineral characteristics, were remarkably well defined by the survey. The Estrellita deposit, which has a high oxide component and is more structurally controlled, was not defined. Following receipt of the results of the test geophysical surveys, additional surveying was carried out to cover gravity features on the property that had not been previously surveyed or drill tested. Three new geophysical targets were defined, the largest of which lies to the north of the Iris deposit. The other two, lie to the north and northeast of Estrellita. To view Figure 1 please click on the following link: http://www.ccnmatthews.com/docs/fwm0110.pdf.

The new targets are located on the flanks of previously defined FALCON™ gravity anomalies and are thought to be indicative of sulphide mineralization.

Drilling will also be conducted to the northeast, west and southwest of Estrellita in an attempt to expand the deposit.

In conjunction with the exploration drilling, the Company plans to test a number of high potential water targets which have been identified on the property. The discovery of a viable water resource will have a positive impact on the feasibility of the project as it will reduce required capital expenditures.

An update will be provided in the near term on the Company's Georgetown, Australia, Silver-lead-Zinc and Farallon Negro, Argentina, Copper-Gold Projects.

For more detailed project information visit the Company website at www.farwestmining.com.

The in-house qualified person is Robert Hindson, P.Eng., CEO and director of Far West 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) and is exploring in Argentina and Australia in a joint venture relationship 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. 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. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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

Contact Information