SNS Silver Intercepts Wide Spread Mineralization in First Three Holes at Emerald Lake Gold Project

VANCOUVER, BRITISH COLUMBIA, Jan 21, 2010 (MARKETWIRE via COMTEX News Network) --

SNS Silver Corporation ("SNS" or the "Company") (TSX VENTURE: SNS) is pleased to announce the completion of 603 meters of drilling in three holes at the first drill site at the Emerald Lake gold project in Ontario, Canada. This drilling is the first phase within a planned and ongoing 3,700 meter drill program. The drill has moved to the second drill site and drilling has re-commenced. All drill holes have intercepted the targeted mineralization at depth and along strike to the east of historic mining, with several holes terminating in mineralization at depth. This has served to validate the historic knowledge of the Emerald Lake deposit geology and structure. As well, the recently completed geophysical work done as a precursor to the drill program, suggests that the mineralized structure may continue for many hundreds of metres to the east where little or no exploration drilling has been completed yet.

The first core will be split and sent out for assays immediately, and we will anxiously await the assay results approximately five weeks later. This will be an ongoing process over the course of the next couple of months as the drilling is planned to be completed in the first half of March. The plan calls for drilling a fan of three holes on each of 4 distinct drill pad locations followed by targeted drilling of geophysical anomalies to the east. The entirety of the drill results should be completed and in-house by the end of April.

The statistics on the first three holes are as follows in the table. As stated earlier all three holes encountered the expected mineralization and assay results will follow in 5-6 weeks. These holes were drilled utilizing NQ2 (2") core with the drill rig oriented due south. The drill rig has been moved to the second drill pad location which is located approximately 15 meters (50 feet) west of the first drill pad.

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                    North         East     Azimuth         Dip       Length
Drillhole #            (m)          (m)       (deg)       (deg)     (m)/(ft)
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GR09-07           5197440       551900         180         -45      135/444
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GR09-08           5197440       551900         180         -60    182.5/599
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GR09-09           5197440       551900         180         -75      286/938
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This 3,700 meter first drill phase will be followed by a second 6,300 meter phase later this year. Once the results have been received and digested, the geologic team will determine the best drill placement for the second phase, which may well be from the underground workings.

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