FOR IMMEDIATE RELEASE: May 26, 2010 TSXV: KS

FIRST PHASE OF EXPLORATION TO FOCUS ON EXISTING HIGH‐GRADE TARGETS, INCLUDING MCLANDERS VEIN,

WHICH IS UNUSUALLY SILVER RICH, WITH GRAB SAMPLES ASSAYING UP TO 197 OZ/TON SILVER

SECOND PHASE TO EXPAND ON ANOMALIES DISCOVERED DURING 2009 SOIL SAMPLING AND VLF SURVEYS AS

WELL AS TEST FOR EXTENSIONS ON SEVERAL HISTORIC ZONES

V: KS) is pleased to announce it has commenced an

aggressive regional exploration program in the Slocan Silver Camp for the spring/summer exploration season. Underground

work at the Silvana mine is ongoing and the Company expects to provide an underground exploration update in the near

future.

“The Company expects compilation work completed over the winter to greatly assist in defining and expanding exploration

targets throughout the Slocan during the course of the 2010 program,” commented Company President, Richard Hughes.

“The experience and local knowledge present in our exploration team is expected to greatly enhance the effectiveness and

efficiency of this year’s program.”

Regional Program Highlights:

Surface work to advance exploration begun last year on numerous properties in the Slocan Silver camp.

Geotronics Consulting Inc. has been contracted to undertake an IP geophysical survey on several of these properties,

starting immediately.

EM and magnetometer survey, in an attempt to discover

extensions of known mineralization and/or to test geochemical anomalies

First phase of exploration will target the McLanders vein on the Wonderful property, which was both drilled and

trenched in 2005. The McLanders vein is unusually silver rich, with grab samples assaying up to 197 oz/ton silver.

Second phase of exploration will focus on other properties including testing for an the western extension of the

Violamac and Hinckley deposits, the western and eastern extensions of the Hewitt

Van Roi vein system, and the

eastern extension of the Richmond

Eureka in the Cody Creek drainage basin

Exploration during the 2010 season will include more detailed geochemical surveys, particularly in areas where 2009

surveys indicated broad silver

lead soil anomalies.

Trenching, begun late in the 2009 season, will continue to test coincident geochemical and geophysical anomalies.

The Qualified Person for the purpose of National Instrument 43

101 is Trygve Höy, PEng, PhD who has read and agreed with

the technical information in this news release.

famous Klondike district of Yukon Territory. The Company owns a 100 TPD

fully operational flotation mill in Sandon, BC, which is currently processing material from local mines in the historic Slocan

Silver Camp.