Far West Mining Ltd.

Far West Mining Ltd.

October 05, 2009 14:49 ET

Far West Mining Finds More Mineralization at the Robin Hood Prospect in Queensland, Australia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 5, 2009) - Far West Mining Ltd. (TSX:FWM) is pleased to report the results from a six hole diamond drill program at its Georgetown silver-lead-zinc project in Queensland, Australia. Two drill holes located over 200m apart have intersected a thin horizon of lead-silver mineralization at shallow depth. Future exploration will be focused on the southern part of the Robin Hood prospect where new high grade surface samples (e.g. 13.45% Pb and 588g/t Ag) have been discovered. The prospective zone at Robin Hood now covers a strike length of more than 2,000 metres.

Since 2005, Far West Mining ("the Company") has been exploring in the Georgetown Area of northern Queensland for Broken Hill Type (BHT) silver-lead-zinc deposits such as Cannington (45 Mt @ 11.9% Pb, 4.8% Zn, 520g/t Ag) located 300km to the west of the project area.

During the 2009 field season, the Company conducted a diamond drill program (six holes for a total of 864m) at the Robin Hood prospect and a mapping and sampling program at both the Robin Hood and Perryvale properties. A high resolution gravity survey in 2008 at Robin Hood identified a number of targets that were modelled using unusually high rock densities. The drill program at Robin Hood was designed to test the gravity targets.

Drill holes GB19-10 and GB19-12 (see Figure 1) were drilled over 200m apart and intersected a sequence of strongly metamorphosed gneiss, schist and amphibolite, that host a 10-15cm thick seam of semi-massive galena at shallow depth of 26m and 43m respectively (see Table 1 for assay results). The galena seam is associated with gossanous limonite covering an interval of approximately 30cm on either side of the mineralized seam. Both drill holes were sampled at one metre intervals in order to avoid high grading. Assays returned 2.64% Pb and 12.3g/t Ag and 0.66% Pb and 4.4g/t Ag for the two intervals in question.

This mineralization could represent a vein of remobilized material from a larger body along strike or at depth. The new drill results along with 2009 surface samples (see Table 2) indicate that the southern part of the Robin Hood prospect is the most prospective part of the property for high grade silver/lead mineralization. Sample S11 contains the highest silver grade found to date with 588g/t Ag.

To view Figure 1 please click on the following link: http://media3.marketwire.com/docs/FWM1005.pdf

Table 1 - Drill Results
Drill hole Angle From To Interval Grade Grade
Number (degrees) (metres) (metres) (metres) (% Pb) (g/t Ag)

GB19-10 -55 26 32 6 0.41 2.5
incl. 26 27 1 2.64 12.3

GB19-12 -70 43 44 1 0.66 4.4
Note: The metamorphic rocks intercepted in these drill holes are folded in
both micro and macro scale. Based on the most prevalent angles of foliation
to core axis, true width is estimated to be 70-80% of the reported

Drill hole GB19-6 intersected a massive gabbro intrusion at shallow depth while drill holes GB19-8, GB19-9 and GB19-11 intersected foliated amphibolite bodies at the targeted depth. Density measurements of the gabbro and amphibolite units returned values of 3-3.2 g/cm3, much lower than the densities used to model the gravity anomalies. Amphibolites are a critical element of BHT prospective stratigraphy and mineralization is often associated with amphibolite bodies. The Cannington ore body, for example, is wrapped around what is called the "core amphibolite". Given that the measured densities of the intersected rocks do not come close to the densities used to model the anomalies, additional analysis will be conducted using the geometry and density obtained from the drilling in order to determine if there may be pockets of excess mass around the amphibolite bodies that could represent massive mineralization.

Table 2 - Surface Sample Results
Sample Ag Pb Zn Cu Au
Number (g/t) (%) (%) (%) (g/t)
S11 588 13.45 0.33 0.29 assay pending
S12 389 24.2 0.13 1.55 assay pending
S13 210 56.6 0.10 assay pending
S14 56.8 13.9 assay pending
S15 32.2 2.41 0.14 assay pending

The Company plans to extend the geophysical grid at Robin Hood to the south and re-evaluate the gravity model using the data obtained from the drill program.

Additional exploration will be conducted at Perryvale (80km to the south of Robin Hood), where alteration has been mapped at surface in an area where soil samples, from a geochemical program conducted in May, 2009, have returned anomalous lead and zinc values.

Assaying Procedures

Samples were prepared and analyzed at ALS Chemex in Townsville, Queensland, Australia. Samples were subjected to four acid digestion and analyzed by ICP-AES. Atomic absorption was used to determine base metal values exceeding 10,000 ppm.

The quality assurance, quality control program consisted of the introduction of standard, duplicate, and blank samples into the sample sequence at regular intervals.

The in-house qualified person is Richard N. Zimmer, P.Eng., Chief Executive Officer, President and a director of the Company 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.


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

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