|April 25, 2007
Minco Silver Appoints Dwayne Melrose VP Exploration
|Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV) is pleased announce the appointment of Mr. Dwayne Melrose to the position of Vice President, Exploration, for the Minco Group of companies effective May 1st, 2007. He will be based in Beijing and act as designated Qualified Person in accordance with National Instrument 43-101 for the Company's projects in China. Mr. Melrose is a graduate of the University Of Waterloo, Ontario, with over 25 years experience as an exploration and mine geologist. He has been involved in all aspects of exploration from grass roots, through mine definition & feasibility, to open pit mine geology.
Mr. Melrose has worked for the Cameco/Centerra Gold companies in the exploration departments for the past 21 years. During his tenure, he has had the opportunity to work within Canada, the United States, Kazakhstan, and the Kyrgyz Republic. Mr. Melrose was the Exploration Manager at the Kumtor Mine in the Kyrgyz Republic for the past 9 years where he was directly responsible for significantly increasing the gold reserves and resources by 4 million ounces and extending the mine life. The Kumtor Mine lies about 60 kilometres north of the border with the Peoples Republic of China and is part of the southern Tien Shan Metallogenic Belt; a major suture that traverses Central Asia, from Uzbekistan in the west through Tajikistan and the Kyrgyz Republic into northwestern China. It is the largest gold mine operated in Central Asia by a Western-based company, having produced more than 5.5 million ounces of gold between 1997 and the end of 2005. Mr. Melrose was instrumental in discovering the new, high grade open pittable SB Zone, delineating 2 open pittable satellite deposits, and advancing the underground gold resource potential of the SB Zone by 1.8 million ounce.
Mr. Melrose's experience will greatly benefit Minco Silver as it enters the feasibility stage on its world-class Fuwan Silver project as well as help realize the untapped potential of the Fuwan Silver Belt.
About Minco Silver
Minco Silver Corporation (TSX: MSV) is a TSX company focusing on the acquisition and development of silver dominant projects in China. The Company is the exclusive vehicle for pursuing silver opportunities in China pursuant to a strategic alliance agreement between Minco Gold Corporation (formerly "Minco Mining & Metals Corporation") (TSX:MMM/AMEX:MGH) and Silver Standard Resources (TSX:SSO). For more information on Minco and its properties, please visit the website at www.mincosilver.ca or contact Ute Koessler at 1-888-288-8288 or (604) 688-8002 firstname.lastname@example.org.
ON BEHALF OF THE BOARD
"Ken Z. Cai"
President & CEO
The Toronto Stock Exchange does not accept responsibility for the accuracy of this news release. Certain terms or statements made that are not historical facts, such as anticipated advancement of mineral properties or programs, productions, sales of assets, exploration plans or results, costs, prices, performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to; metals price volatility, volatility of metals production, project development risks and ability to raise financing. The Company undertakes no obligation and has no intention of updating forward-looking statements.
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