MSV Minco Silver Corp

Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV) is pleased to announce the appointment of Mr. Paul Zhang as Chief Financial Officer and Vice President Finance of the Company.

Mr. Zhang is a member of the Institute of Chartered Accountants of Ontario, the Institute of Chartered Accountants of British Columbia and is a Certified Public Accountant in the United States. From May 2006 to March 2008, Mr. Zhang was the Chief Financial Officer of Migao Corporation (TSX: MGO). From November 2005, Mr. Zhang was the Chief Financial Officer of the operating subsidiary of Migao Corporation. In addition, from March 2003 until November 2005, Mr. Zhang was the Managing Partner of Zhang & Du, LLP Chartered Accountants. From November 1, 2001 to March 2003, Mr. Zhang was the Controller and Manager of Accounting of Retirement Residences Real Estate Investment Trust, which was a TSX-listed entity.

Minco Silver's Chairman and CEO, Dr. Ken Cai, commented, "We are delighted that Paul has joined our senior management team. Paul brings to Minco Silver his years of experience and discipline leading the financial affairs of TSX listed companies combined with his valued operating and business experience in China."

About Minco Silver

Minco Silver Corporation (TSX: MSV) is a TSX listed company focusing on the acquisition and development of silver dominant projects. The Company owns 90% interest in the world class Fuwan Silver Deposit, situated along the northeast margin of the highly prospective Fuwan Silver Belt.

ON BEHALF OF THE BOARD

Dr. Ken Z. Cai, Chairman & CEO

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.

The Toronto Stock Exchange does not accept responsibility for the accuracy of this news release.

Contacts: Minco Silver Corporation Ute Koessler 1-888-288-8288 or (604) 688-8002 ir@mincosilver.ca www.mincosilver.ca