SNS Silver Corp.

SNS Silver Corp.

November 01, 2007 11:00 ET

SNS Silver Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2007) - SNS Silver Corporation ("SNS Silver" or the "Company") (TSX VENTURE:SNS) announces, pursuant to the Company's Stock Option Plan, a total of 225,000 incentive stock options were granted on October 31st, 2007, to directors of the Company. The options are exercisable at a price of $1.25 per share, expiring on October 31st, 2012. The Stock Options have been granted in accordance with the terms of the Company's 10% Rolling Stock Option Plan.

For more information, please visit SNS' website at:

(TSX VENTURE:SNS) is an exploration mining company, whose primary asset is the 100% owned Crescent Mine located in Kellogg, Idaho - one of the largest silver districts in North America with over one billion ounces of silver produced. The property consists of 24 patented mining claims over approximately 350 acres, alongside 15 acres of surface rights. The Company currently has a comprehensive and well-funded drill program underway. Their main focus is on upper country surface drilling and underground drilling on the Alhambra and South Veins, as well as restoration of the Hooper Tunnel, drifting and cross-cutting.

Historical resource estimates quoted herein are based on data and reports obtained and prepared by previous operators. The Company has not completed the work necessary to independently verify the classification of the mineral resource estimates and is not treating the mineral resource estimates as National Instrument 43-101 defined resources verified by a qualified person. The historical estimates should not be relied upon. The Crescent Mine will require considerable further evaluation, which the Company's management and consultants are in the process of completing.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

Contact Information