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Message: Sabina Silver Appoints Anthony P. Walsh as New President and CEO

Sabina Silver Appoints Anthony P. Walsh as New President and CEO

posted on May 29, 2008 09:34AM
Sabina Silver Appoints Anthony P. Walsh as New President and CEO

VANCOUVER, BC, May 29, 2008 (MARKET WIRE via COMTEX News Network) --

Sabina Silver Corporation (the "Company") (TSX-V: SBB) is pleased to announce today that Mr. Anthony P. Walsh has been appointed President & CEO of the Company and has also joined as a director of the Board. Mr. Walsh will start effective June 1, 2008.

Mr. Walsh was most recently the President & CEO and a director of Miramar Mining Corporation (also with a project in Canada's Arctic) where he led the successful management team that grew Miramar from a C$175 million market cap company to a company that was recently acquired for C$1.5 billion.

"Mr. Walsh's experience in the industry and in the North fits very well with Sabina's mandates," said Bill Cummins, Chairman of the Board. "We anticipate that Tony's proven track record in growing and developing companies will translate itself into the growth that Sabina shareholders are looking forward to, and we are excited to have him aboard."

Mr. Walsh graduated from Queen's University (Canada) in 1973 and became a member of The Canadian Institute of Chartered Accountants in 1976. Mr. Walsh has over 20 years' experience in the field of exploration, mining and development. From 1993 to 1995, prior to joining Miramar Mining Corporation, Mr. Walsh was the Senior Vice-President and CFO of a computer leasing company. Prior to that he was the CFO and Senior Vice-President, Finance of International Corona Mines Ltd., a major North American gold producer, from 1989 to 1992. From 1985 to 1989 he was Vice-President, Finance of International Corona Mines Ltd., and from 1973 to 1985 Mr. Walsh held various positions at Deloitte, Haskins & Sells, Chartered Accountants (now Deloitte & Touche LLP). Mr. Walsh is a director of three other junior resource companies.

As part of his compensation, Mr. Walsh has been granted one million options at a strike price of $1.47 expiring in 2013.

SABINA SILVER CORPORATION is a Canadian public mineral exploration and development company with assets at the Hackett River silver-zinc project in Nunavut, the Del Norte project in the Stewart-Eskay Creek Mining District and several projects in the Red Lake gold camp.

Forward-Looking Statements

Forward-looking statements are based on the beliefs, estimates and opinions of Sabina's management on the date the statements are made. Sabina undertakes no obligation to update these forward-looking statements should management's beliefs, estimates or opinions, or other factors, should change.

This news release has been authorized by the undersigned on behalf of Sabina Silver Corporation

William Cummins, Chairman of the Board 1124 Gainsborough Road London, Ontario N6H 5N1 http://www.sabinasilver.com

Distributed by Filing Services Canada and retransmitted by Marketwire

For further information please contact: Nicole Hoeller Director, IR: 807-766-1799 Email Contact

SOURCE: Sabina Silver Corporation

http://www2.marketwire.com/mw/emailp...

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