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SilverFalconMining
NASDAQ OTCBB: SFMI.BB

PRESS RELEASE

SILVER FALCON MINING, INC. (SFMI)
SILVER FALCON MINING, INC. (SFMI) Secures $7.2 Million Funding Commitment
From Centurion Private Equity, LLC, an Affiliate of Institutional Investor Roswell Capital Partners

Murphy, Id. -- (MARKET WIRE) -- 03/11/11 -- Silver Falcon Mining, Inc. (OTCBB: SFMI) today announces the signing of a $7,200,000US "Equity Line of Credit" funding facility with Centurion Private Equity, LLC ("Centurion"), an affiliate of Roswell Capital Partners.

Centurion has committed to purchase for cash consideration, subject to certain conditions and limitations, up to an aggregate of $7,200,000US of Silver Falcon's common stock, SFMI. Under the "Equity Line of Credit," Silver Falcon Mining, Inc. may, at its discretion, periodically sell to Centurion shares of Silver Falcon's common stock at a price equal to 97% of the market price of Silver Falcon's common stock based on its last 15-day average closing price.

Mr. Tom Ridenour, Silver Falcon's Chief Financial Officer, stated: "I am very pleased with this agreement. The funding facility from Centurion is exercisable at our discretion, which gives us flexibility. At no time does this agreement have an endless floor or is deemed a 'TOXIC' financial facility to SFMI. This credit facility will fund the confirmation phase of our business plan and other expansions going forward at the War Eagle Mountain mine sites."

Mr. Paul Gorski, Senior Investment Officer at Roswell, added: "We are very excited to be working with Silver Falcon and look forward to providing them with the necessary capital and support to achieve their full potential in the coming years." Roswell Capital Partners, LLC is a fund management company focused on private equity investments in small-cap publicly traded securities. Since 1994, its members have served in the Private Equity Markets as the Principal or Investment Banker for over 125 public companies.

Silver Falcon Mining, Inc. (SFMI:OTCBB) is a developer and explorer of mineral resource properties, primarily in Owyhee County, Idaho, USA, with the objective of being a profitable, low-cost, precious metal producer and creating significant growth in shareholder value.

Further Information: contact Rich Kaiser, Investor Relations, 800-631-8127 and/or visit http://www.silverfalconmining.com.

Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and makes no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.

ENDS

Investor Relations
Yes International Ltd.
Attn: Rich Kaiser
3419 Virginia Beach Blvd., #252
Virginia Beach, VA 23452
Tel: 757-306-6090

Silver Falcon Mining, Inc.
1385 Broadway Ave., Suite# 1109
New York, NY 10018

TEL: 212-730-1234
FAX: 212-730-1510

www.silverfalconmining.com