Power Line Tower

Jaw CrusherAccess Road

Ore Haul RoadTailings Dam

Mill SiteMine Portals

MINING LTD.

OPERATIONS: Exceeding Design Capacity

Mill operating at over 1,800 tpd in Q2 2010, 20% above design capacity (1,500 tpd) one year after commercial production

Q2 2010 cash costs per pound of zinc US$0.05/lb. Now in the lowest 5% of zinc producers worldwide

Strong Balance sheet - $170 million assets, $27 million long-term debt, $29 million cash

Mine operating pro� t of $14.9 million in Q2 2010

ZIN

C C

OPPE

R S

ILVER

GO

LD LEA

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www.farallonmining.com Neil MacRaeInvestor Relations Manager

604-638-2160 / 877-688-2050neilmacrae@farallonmining.com

TSX:FAN

Mexico City

Acapulco

Puerto Vallarta

G-9 Mine

MEXICO

Manzanillo

A LOW-COST ZINC MINING COMPANY WITH ORGANIC

GROWTH UPSIDE

G-9 Mine - A Platform for Growth

0

500

1000

1500

2000

Q1/09 Q2/09 Q3/09 Q4/09 Q1/10 Q2/10

Design Capacity

(Tonnes / Day)

1,180 1,260 1,275

1,550

Declared Commercial Production - April 2009

1,6911,816

0

10

20

30

40

50

60

70

80

90

100

G9

Min

e Q

2 20

10

G9

Min

e Q

1 20

10

G9

Min

e 20

09

2010 Zinc C1 Cost Curve

0 10 20 30 40 50 60 70 80 90 100

Cost

(US

c/lb

pai

d zi

nc)

Cumulative Percentage of Production

© Copyright Brook Hunt - A Wood Mackenzie Company, 2010

Ant

amin

a

Red

Dog

Cent

ury

G-9 Cost - $0.05/lb zinc

↑

El Largo

La Lucha

G-9

Reforma

El Rey Naranjo

Abajo Zone

San Raphael Fault

Immediate Target:Stratigraphic Horizon200m Deeper ThanExisting Deposits

EXPLORATION: Excellent Potential for Continued Drilling Success

Exceptional Recent Drill Results

Share Information (As at August 24, 2010):

Shares Out: 473 M Share Price: C$0.365

Market Cap: C$172 M 52 Week Hi-Lo: C$0.65-C$0.305

Average Vol: 463k

Highly Prospective Target Horizon

MANAGEMENT: A Strong Track Record of Delivering Results

* Mineral resources that are not mineral reserves do not have demonstrated economic viability. A 5% Zn cuto� was used for December 2007 preliminary assessment; detailed engineering studies will determine the best cuto� . Quali� ed Person: David Gaunt, P.Geo., and Qingping Deng, CPG, of Behre Dolbear & Company (USA), Inc. Feb 2008.

Built a blind, green� eld discovery into the G-9 Mine in under 4 years

Raised over $275 Million in � nancing to construct the G-9 Mine without a feasibility study

Successfully made transition from an exploration play to an operating mining company while retaining 100% ownership for Farallon shareholders

Strong operations track record obtained with mill operating 20% above design capacity only one year after announcing commercial production.

Large Land Package for Further Discoveries

Exploration activity orientated towards the potential for further zinc discoveries

High grade gold zones announced with inferred resource of 225,000 tonnes of 8.6 g/t of gold

1000m

1100m

1050m

1550m

1350m

1300m

1250m

1450m

1400m

1200m

950m

900m

1500m

San Raphael Fault

1150m

850m

Legend

Massive Sulphide

Argillite, Siltstone

Felsic Flow

Chert

Thrust Fault

Normal Fault

Sectional graph through El Largo and Abajo

North Zone G-9

Abajo Zone

Abajo Horizon

El Largo

Drill Hole Width (m) Au g/t Ag g/t Zn % Cu % Pb % UG-09-120UG-09-120

UG-09-060AUG-09-061

10.204.98

13.4215.00

1.251.64

19.672.28

7383

1,700266

27.7336.09

4.5721.57

2.412.900.352.01

0.971.134.041.05

Target Area

Management Dick Whittington President & CEO Greg McCunn CFO