Mexican Silver Mines Ltd.
TSX VENTURE : MSM
FRANKFURT : MS2

Mexican Silver Mines Ltd.

June 17, 2008 09:00 ET

Mexican Silver Mines Ltd. Appoints Jose Sayo Garcia as VP Exploration and Brings Additional Strength to Its Geological Team

CALGARY, ALBERTA--(Marketwire - June 17, 2008) - Mexican Silver Mines Ltd. ("Mexican Silver") (TSX VENTURE:MSM)(FRANKFURT:MS2)(WKN:A0MSLE) is pleased to announce the addition of four senior geologists to the Company's geological team. Each of these individuals have different strengths that will cumulate to Mexican Silver's goal of defining economic resources. Additionally, each have had direct experience in building reserve estimates, bringing historical mines back into production and evaluating new projects that have a short timeline to production.

Jose Sayo Garcia

Mexican Silver has appointed Mr. Jose Sayo Garcia, licensed geologist, as Vice President of Exploration responsible for management of the Company's exploration programs.

Mr. Garcia has 29 years of continuous, comprehensive involvement in exploration and mining, focused on both underground and surface operations. His proven expertise includes designing and implementing programs for prospect testing and mineralized target delineation, as well as project and mine valuation using both manual and computer-assisted mineral resource and ore reserve estimation.

In his years of experience, Mr. Garcia has developed geological models, devised exploration strategies, and has established and implemented cost effective operational controls during the exploration, development and extraction phases of mining. As demonstrated by accomplishments in the mineral districts of Indonesia, Canada, Mongolia and the Philippines, Mr. Garcia has utilized efficient management information and feedback systems.

Over the years Mr. Garcia has been extensively involved with the Lepanto Consolidated group of mining companies in the Philippines. He was the major contributor for the discovery and subsequent mining of the Lepanto's Victoria and Teresa Gold Mines and the delineation of the Far Southeast Porphyry gold-copper deposit. Mr. Garcia was also responsible for the discovery of the Bayugo-Kalaya-an prospect of Manila Mining Corp. For over seven years, he worked with Newmont Mining Corp. on various projects in the Philippines, Peru and Indonesia and led the team that discovered and developed the Riska and Effendi gold deposits (now operated by Avocet mining Plc) in North Sulawesi, Indonesia. Additionally, he worked with East Asia Minerals Corporation as Country Manager for their copper and uranium exploration in Mongolia. Most recently, Mr. Garcia was involved with Rolling Rock Resources Corp. for project geology requirements of the Monument Bay Gold in Greenstone project and the pursuance of target delineation work for the Domain Gold Project. Both projects are sited in Manitoba, Canada.

G. Tarcilo Medina Araujo

Mr. Tarcilo Medina has 35 years of experience in the mining industry, with successful results in the search for new deposits. His expertise is in disseminated intrusive deposits, structure veins in sedimentary and intrusive rock formations, and metasomatic contact bodies in metamorphic rocks. He is also experienced in technical analysis in the development of mineral exploration and exploitation through computer applications at regional and local level, in both open pit and underground mining. Additionally, Mr. Medina is skilled in identifying opportunities for operational and functional improvement, such as the development of technical training programs for contractors.

Mr. Medina has worked as a Mining Geologist and General Supervisor for Minas San Luis S.A. de C.V.'s La Libertad Mine in Mexico and as General Supervisor of Mining, Geology and Planning for Open Pit Mining with Cia Minera Mexicana de Avino S.A. de C.V. Prior to this, he worked in both Mexico and Peru specializing in open pit mining. Mr. Medina is a Geological Engineer from the Universidad Nacional San Agustin de Arequipa, Peru. He is a Mexican National and lives in Monterrey, Mexico.

Joaquin Alberto Amaro Diaz de Leon

Mr. Joaquin Alberto Amaro Diaz de Leo has joined Mexican Silver from Hochschild Mining PLC - Minera Hochschild Mexico S.A. de C.V. Mr. Amaro was the Chief Project Geologist for Hochschild Mining involved in gold exploration in the North Mexico Region in the states of Durango, Chihuahua, and San Luis Potosi, Mexico. He was also Project Geologist involved in geological exploration, geological and geotechnical core logging, exploration drilling programs, field quality control, survey and drilling logistic for offset locations, QA/QC Control, database management and expert in the geology of old mines. Additionally, he was responsible for modeling and characterization of the vertical and horizontal distribution population of geochemical results, and the geophysical interpreter for numerous projects in Zacatecas, Guanajuato, and Jalisco (MHM). Mr. Amaro was involved in over 300 prospect visits in the North Mexico Region, Chihuahua, Zacatecas, Aguascalientes, San Luis Potosi, Durango, Guanajuato and Jalisco (MHM). Prior to working with Hochschild Mining, he served as a geologist for the Mexican Geological Survey (SGM) in San Luis Potosi.

Mr. Amaro is a Geological Engineer from the Universidad Autonoma de San Luis Potosi, SLP.

Edgar H. Ramirez Rodriguez

Before joining Mexican Silver, Mr. Edgar H. Ramirez Rodriguez worked with Hochschild Mining PLC - Minera Hochschild Mexico SA DE CV as a Geological Engineer. Mr. Ramirez held the position of Senior Geologist focused on Metalogenetics focusing on the Central and Northern parts of Mexico. Metalogenetics to Hochschild Mining, Mr. Ramirez worked with the Mexican Geological Survey (SGM).

"These additions are crucial to strengthen the Company's geological team," stated Feisal Somji, President and CEO of Mexican Silver Mines. "With the combined expertise of Mr. Garcia, Mr. Medina, Mr. Amaro and Mr. Ramirez, Mexican Silver is now closer than ever to being able to attain its goal of defining economic resources. Not only will they help to streamline our operations, but will also bring new ideas and improvements to an already exceptional team."

About Mexican Silver Mines

Mexican Silver Mines is a silver focused junior resource company developing three former silver producing properties in north-eastern Mexico. To learn more about Mexican Silver Mines, please visit: www.mexicansilvermines.com.

ON BEHALF OF THE BOARD OFMEXICAN SILVER MINES LTD.

Feisal Somji, B.Sc., MBA, President and Chief Executive Officer

This news release contains forward-looking information including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations and potential mineral recovery processes. Forward-looking information includes disclosure regarding possible future events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action, and therefore, involves inherent risks and uncertainties. When used in this news release. The words "estimated", "plan", "anticipated", "expected", "intend", believe", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Mexican Silver to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. For any forward-looking information given, management has assumed that the analytical results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Although management has a reasonable basis for the conclusions drawn, there can be no assurance that forward-looking statements will prove to be accurate and actual results may differ materially from those currently anticipated in such statements. For such statements, we claim safe harbour.

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

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