Minco Silver Corporation
TSX : MSV

Minco Silver Corporation

June 04, 2007 09:09 ET

Minco Silver Starts Metallurgical Testing on Its Fuwan Silver Deposit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 4, 2007) - Minco Silver Corporation (the "Company" or "Minco Silver") (TSX:MSV) is pleased to announce the commencement of metallurgical testing on its Fuwan Silver project located in Guangdong Province, China. Four hundred kilograms of representative material has been sent to the PRA Kunming laboratory a division of PRA (Process Research Associated Ltd.) headquartered in Richmond, BC, Canada. PRA is an independent and internationally recognized industrial research laboratory specializing in metallurgical and environmental process development from bench scale tests to pilot plant demonstrations. Their work carries the high level of credibility required for feasibility studies and regulatory submissions in accordance with National Instrument 43-101.

As part of the Company's Phase IV exploration program currently underway, core material representative of the mineralization at the Fuwan Silver Deposit has arrived at the PRA facility in Kunming. Test work will include crushing and grinding indices with processing options to include gravity separation, flotation, and cyanidation. Initial test work done by the 757 team in 1995 has indicated that good recoveries for silver, lead, and zinc can be obtained through flotation. The test results will be used in the Preliminary Economic Analysis and provide information for the development of the process flow sheet required for a preliminary plant design.

PRA will work with the Changsha Metallurgical Institute to satisfy requirements of metallurgical testing on the Chinese mining license application.

Minco Silver also reports that it has filed an updated National Instrument 43-101 technical report, prepared in accordance with Form 43-101F1 pertaining to the Fuwan Silver Property. The report was prepared by Qualified Persons, Eugene Puritch, P.Eng. and Tracy Armstrong, P.Geo. of P & E Mining Consultants Inc., Brampton, Ontario.

Mr. Dwayne Melrose, P. Geo., Vice President Exploration for Minco Silver, is the Qualified Person responsible for verification and quality assurance of the company's exploration data and analytical results.

About Minco Silver

Minco Silver Corporation (TSX:MSV) is a TSX company focusing on the acquisition and development of silver dominant projects in China. The Company is the exclusive vehicle for pursuing silver opportunities in China pursuant to a strategic alliance agreement between Minco Gold Corporation (formerly "Minco Mining & Metals Corporation") (TSX:MMM)(AMEX:MGH) and Silver Standard Resources (TSX:SSO).

ON BEHALF OF THE BOARD

Ken Z. Cai, President & 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.

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