This re-analysis of all relevant samples in the Company exploration database now explains the discrepancy between the exploration database analyses and the metallurgical data. The chart below compares the results from both methods by plotting all pairs of assays (ICP61 vs ICP81).

To view the chart, please click on the following link: http://media3.marketwire.com/docs/fwm115.pdf

Image shows iron assays using ICP61 versus iron assays using ICP81. The vast majority of ICP81 results are higher than their ICP61 equivalent and plot above the reference line. The abrupt break of the data on the right hand side at 50% reflects the upper detection limit of the ICP61 method.

The results of the new analytical work (ICP81) confirm that the method for exploration assays (ICP61) causes iron assays that are lower than actual. It was determined that the discrepancy can be attributed to incomplete sample digestion and an upper detection limit of 50% iron for the exploration analysis method. More than 400 samples assayed above 50% iron.

The new iron data has been added to the Company's database and is currently being used to re-calculate the iron grade of the Santo Domingo and Iris Norte deposits. A revised economic assessment will then be undertaken for the Santo Domingo project which will be available in the first quarter 2010. The Company is excited about the prospects of this process and is looking forward to results of the study.

The in-house qualified person is Richard N. Zimmer, P. Eng., President & CEO, 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 in Chile and Australia. For further information, investors should review the Company's filings that are available at www.farwestmining.com and www.sedar.com or contact Rick Zimmer, President and CEO or Iain MacPhail, CFO at (604) 602-9144.

FAR WEST MINING LTD.

Richard N. Zimmer, P.Eng., President and CEO

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.

Contacts:
Far West Mining Ltd.
Rick Zimmer
President and CEO
(604) 602-9144

Far West Mining Ltd.
Iain MacPhail
CFO
(604) 602-9144
www.farwestmining.com

SOURCE: Far West Mining Ltd.

http://www.farwestmining.com

The Company is a reporting issuer under the securities legislation of the Provinces of British Columbia, Alberta, and Ontario. The common shares, share purchase warrants, and the common shares issuable upon the exercise of the share purchase warrants, will not be subject to any hold or restricted period in Canada that extends beyond four months and one day after the Closing Date.

The proceeds of the financing will be used to progress the development of Far West's copper-iron-gold Santo Domingo project in Region III Chile and will include additional drilling and metallurgical testwork.

Far West Mining Ltd. is an international mineral exploration company engaged in the evaluation, acquisition, exploration and development of mining properties in Chile and Australia. For further information, investors should review the Company's filings that are available at www.farwestmining.com and www.sedar.com or contact Rick Zimmer, President and CEO or Iain MacPhail, CFO at (604) 602-9144.

FAR WEST MINING LTD.

Richard N. Zimmer, P.Eng., President and CEO

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

Contacts:
Far West Mining Ltd.
Rick Zimmer
President and CEO
(604) 602-9144

Far West Mining Ltd.
Ian MacPhail
CFO
(604) 602-9144
www.farwestmining.com

SOURCE: Far West Mining Ltd.

http://www.farwestmining.com

The Company is a reporting issuer under the securities legislation of the Provinces of British Columbia, Alberta and Ontario. The Shares, Purchase Warrants, and the shares issuable upon the exercise of the Purchase Warrants, will not be subject to any hold or restricted period in Canada that extends beyond four months and one day after the Closing Date.

The proceeds of the financing will be used to progress the development of Far West's copper-iron-gold Santo Domingo Property in Region III Chile and will include additional drilling and metallurgical testing. A technical advisory committee will be formed between Quadra and the Company to monitor the progress of and provide additional expertise to development of the project. Plans are to bring the property to pre-feasibility study status. Quadra shall be granted anti-dilution rights to maintain its level of investment in the Company. On closing of the private placement Quadra will hold a 7.9% equity interest in the Company increasing up to 14.64% if all Purchase Warrants are exercised.

The Santo Domingo property hosts a NI 43-101 compliant indicated resource of 383 million tonnes at 0.39% Cu, 27% Fe, and 0.05gpt Au and a further 68.8 million tonnes at 0.26% Cu, 24.6% Fe and 0.04gpt Au in the inferred category. Not included in these figures, but also NI 43-101 compliant, are a further 32 million tonnes of mainly oxide mineralization in the Estrellita deposit at 0.55% CuT and 0.05gpt Au. The project is well located near to existing infrastructure, 60km west of Codelco's Potrerillos smelter, 60km east of the port of Chanaral, and is 70km south of Quadra's Franke mine.

Quadra is a British Columbia corporation based in Vancouver and is a mining company whose principal assets are the Robinson Mine in Nevada, producing copper and gold, the Carlota Mine in Arizona, producing copper cathode, the Franke SX/EW heap leach project in northern Chile undergoing commissioning testing, the Sierra Gorda advanced exploration copper-molybdenum project in Chile and the Malmbjerg molybdenum development project in Greenland. The company has the goal of becoming a mid-tier base metals development and operating company with interests in a number of advanced exploration, development and producing properties.

Rick Zimmer, President and CEO, says, "We are extremely happy to be associated with such a dynamic and development driven company and we look forward to progressing the Santo Domingo property to the next phase of development with them."

The in-house qualified person is Richard N. Zimmer, P.Eng., Chief Executive Officer, President and a 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 in Chile and Australia. For further information, investors should review the Company's filings that are available at www.farwestmining.com and www.sedar.com.

FAR WEST MINING LTD.

Richard N. Zimmer, P.Eng., President and C.E.O.

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.

SOURCE: Far West Mining Ltd.

Far West Mining Ltd.
Rick Zimmer
President and CEO
(604) 602-9144
Far West Mining Ltd.
Iain MacPhail
CFO
(604) 602-9144
www.farwestmining.com

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
intervals.

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.

FAR WEST MINING LTD.

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.

SOURCE: Far West Mining Ltd.

Far West Mining Ltd.
Richard Zimmer
(604) 602-9144
info@farwestmining.com
www.farwestmining.com