Silver Quest Resources Ltd.
TSX VENTURE : SQI

Silver Quest Resources Ltd.

September 09, 2010 13:17 ET

Silver Quest Commences Drilling at Prospector Mountain, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 9, 2010) - Silver Quest Resources Ltd. (TSX VENTURE:SQI) (the "Company") is pleased to provide an update on its Prospector Mountain Property, located 90 km northeast of Carmacks, Yukon. The Phase II exploration drill program (approximately 1,500 m) has commenced to test the recently discovered Bonanza Zone. For further details please visit the Company's website www.silverquest.ca.

The 1,000 m long by 550 m wide Bonanza Zone is defined by significantly anomalous soil and rock geochemical values. Select rock samples collected during the 2010 Phase I exploration program within the Bonanza Zone confirmed the highly anomalous assays reported in 2009, which returned gold values up to 82.8 grams per tonne (g/t), silver values up 1,375 g/t and copper values up to 11.65% (see news release dated January 18, 2010). Selected rock samples from within the geochemically anomalous zone returned significant gold values up to 109 g/t as well as elevated values for silver, arsenic, bismuth, copper, antimony (see news release dated August 4, 2010). Samples taken are predominantly "float" samples collected from widespread felsenmeer.

The Company has planned 11 diamond drill holes which will target bedrock mineralization below the anomalous rock and soil samples previously collected.

Darcy Baker, P.Geo., President of Equity Exploration Consultants Ltd. is the Qualified Person, as defined by National Instrument 43-101, for the Prospector Mountain Property and supervised the preparation of the technical information in this release.

SILVER QUEST RESOURCES LTD.

Randy Turner, President

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

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