Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV)(OTCQX: MISVF)(WKN: A0ESX5) announces that the consulting agreement with Mr. Dwayne Melrose, VP Exploration of the Company, has been terminated. The company wishes to thank him for efforts and contributions. Mr. Melrose will continue to act as a director of Minco Gold Corporation.

About Minco Silver

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

ON BEHALF OF THE BOARD

Dr. Ken Z. Cai, Chairman & CEO

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

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