Mexican Prosecutor Rules on Criminal Misconduct Case - Finds No Grounds for Prosecution - Case is Closed



    VANCOUVER, Feb. 9 /CNW/ - Farallon Resources Ltd. ("Farallon" or the
"Company") (TSX: FAN) announces that the Prosecutor General's Office in
Hermosillo, Sonora State, Mexico has issued a ruling, reaffirming a previous
ruling dated October 15, 2007 (see News Release dated November 6, 2007)
finding no evidence of any criminal misconduct in a complaint filed by David
L. Hermiston in 1999. The ruling re-states that there are no grounds
whatsoever for criminal prosecution against Farallon or any of its Directors
in the matter.
    On December 15, 2008, the Second Collegial Tribunal for Criminal and
Administrative Matters for the Fifth Circuit sitting in Hermosillo, Sonora
entered judgment on the Criminal Review Constitutional Relief (Amparo)
Petition filed by David Leslie Hermiston Chester, identified with case file
Number 287/2008, against the decision entered by the Third District Judge
sitting in the same city in which: i) the amparo suit is dismissed; and ii)
relief and protection of federal justice against the acts of the Assistant
Prosecutor for Process Control in the Attorney General's Office for the State
of Sonora is denied.
    It is worth noting that the acts of the Assistant Prosecutor for Process
Control in the Attorney General's Office for the State of Sonora refer to
issue of the resolution given in preliminary investigation 16/99, dated
October 15, 2007, which ruled "to affirm the decision of 'non-exercise of
criminal action' against any of the representatives of Farallón Minera
Mexicana, S.A., including the Directors of same for the crimes of 'Perjury,'
'Cover-up,' and 'Criminal Association.'" The criminal accusation, resolved
through the aforesaid ruling of December 15, 2008, was filed by David
Hermiston in 1999.
    This judgment finally concludes the criminal case with regard to Farallón
and its representatives, there being no further appeal that can be filed by
Hermiston. It is also important to note that the preliminary investigation
continues open with regard to the possible commission of some crime by Minera
Summit de México, S.A. de CV, Pedro Villagran and his group.
    The foregoing judgment was issued on December 15, 2008, and it was
published on December 24, 2008.
    Although the previous judgment (October 15, 2007) was final, it allowed
Mr. Hermiston to file the Amparo against Minera Summit and Mr. Villagran.
Farallon's legal counsel registered as a "third party" with the court to
ensure that any issues regarding Farallon could be dealt with at the same time
and also to ensure that the case against Farallon was not re-opened in some
manner. The Public Prosecutor has now ruled on the case three times and, in
each instance, has found that there is no basis for the allegations made by
Mr. Hermiston against Farallon and/or its Directors. The current judgment now
concludes the criminal action by Mr. Hermiston against Farallon and the case
is closed.
    Dick Whittington said: "This ruling is good news. Mr. Hermiston's
unfounded allegations against the Company, its Board and executives have again
been found to be without merit. The case has been outstanding for a long time
but is now finally over. I would like to thank our legal counsel for their
patience and persistence in getting a final resolution to the matter."

    
    ON BEHALF OF THE BOARD OF DIRECTORS
    J.R.H. (Dick) Whittington
    President and CEO

     No regulatory authority has approved or disapproved the information
                       contained in this news release.

                         Forward Looking Information
    

    This release includes certain statements that may be deemed
"forward-looking statements." All statements in this release, other than
statements of historical facts, that address future production, reserve or
resource potential, continuity of mineralization, exploration drilling,
operational activities, production rates, costs to completion and events or
developments that the Company expects are forward-looking statements. Although
the Company believes that the expectations expressed in such forward looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ
materially from those in the forward looking statements and may require
achievement of a number of operational, technical, economic and legal
objectives. The likelihood of continued future mining at Campo Morado is
subject to a large number of risks, including obtaining lower than expected
grades and quantities of mineralization and resources, lower than expected
mill recovery rates and mining rates, changes in and the effect of government
policies with respect to mineral exploration and exploitation, the possibility
of local disputes including blockades of the company's property, the
possibility of adverse developments in the financial markets generally,
fluctuations in the prices of zinc, gold, silver, copper and lead, obtaining
additional mining and construction permits, preparation of all necessary
engineering for ongoing underground and processing facilities as well as
receipt of additional financing to fund mine construction, development and
operation, if needed. Such funding may not be available to the Company on
acceptable terms or on any terms at all. There is no known ore at Campo Morado
and there is no assurance that the mineralization at Campo Morado will ever be
classified as ore. For more information on the Company and the risk factors
inherent in its business, investors should review the Company's Annual
Information Form at www.sedar.com and the Company's annual report on Form 40-F
at www.sec.gov.





For further information:

For further information: on Farallon Resources Ltd., please visit the
Company's website at www.farallonresources.com or contact Investor Services at
(604) 638-2160.

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Farallon Mining Ltd.

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