Silver Fields Resources Inc.
TSX VENTURE : SF
FRANKFURT : RLQ

Silver Fields Resources Inc.

June 26, 2009 06:00 ET

Silver Fields Resources Inc. Receives Additional Saskatchewan Coal Exploration Approvals

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 26, 2009) - Silver Fields Resources Inc. ("Silver Fields") ("the Company") (TSX VENTURE:SF)(FRANKFURT:RLQ) is pleased to announce the Company has received notification from the Saskatchewan Ministry of Environment that the project proposal for the Company's exploration program on the Wapawekka Lake Project located near Lac La Ronge, has been approved.

The overall program has identified 34 potential drill sites on Coal Prospecting Permits held by Silver Fields and will consist of drilling, sampling, and geophysical logging of the near surface sediments to determine the thickness of coal measures, distribution of coal seams within the coal measures, coal seam thickness and initial coal quality data in each hole.

Management is leaving for Lac La Ronge next week to meet with the site geologist and the site manager to finalize the number of holes to be drilled in the first phase and begin the mobilization process. It is expected exploration and drilling could commence early in August, depending on weather conditions, ground conditions, and the completion of the financing announced in Stockwatch June 2nd, 2009. This program would be in addition to the drilling on the Old Channel project, near Tobin Lake.

The commodity sought is sub-bituminous coal within the Lower Cretaceous age Manville Group sediments. The coal horizon is reported to lie within approximately 100 metres of the surface. Western portions of the project area lie only 10 to 15 kilometres southeast of the previously defined Bow River Coal Resource. Many known coal outcrops and previous drill holes where coal beds were encountered, exist in the surrounding area.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Dr. K. W. Geiger, Ph.D., P.Eng., P.Geo., a director of the Company and a qualified person.

On behalf of the Board of Directors

Silver Fields Resources Inc.

Chris England, President & CEO

Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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