Silver Quest Resources Ltd.

Silver Quest Resources Ltd.

December 22, 2008 18:25 ET

Silver Quest Compliance Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2008) - Silver Quest Resources Ltd. (the "Company") (TSX VENTURE:SQI) has been required by the Compliance & Disclosure Department of the TSX Venture Exchange to disclose that one of its directors, Mr. Robert F. Weicker, received a Consent Order ("the Order") from the Association of Professional Engineers & Geoscientists of B.C. (the "APEGBC") regarding news releases issued in 2004 by Aberdene Mines Ltd. Mr. Weicker was formerly a director and officer of Aberdene Mines Ltd., an OTC Bulletin Board-traded issuer unrelated to the Company (see News Release dated August 14, 2007).

The Compliance & Disclosure Department of the TSX Venture Exchange also requires that the details of the Order be disclosed. Under the Order, Mr. Weicker is required to pay $5,000 towards APEGBC's legal costs and is suspended as a member of APEGBC for the period of six months commencing November 1, 2008. On or before April 30, 2009 Mr. Weicker must write and pass the APEGBC's Professional Practice Examination, attend the APEGBC's Law & Ethics seminar, take an approved APEGBC's course related to the duties and responsibilities of a "qualified person" in the preparation of reports under 43-101 and attend an approved course related to directors obligations and duties. On or before October 30, 2009 Mr. Weicker must take an APEGBC's approved course on the responsibilities and obligations of directors and officers of public companies. Mr. Weicker will comply with the terms of the Order to ensure his reinstatement as a member of APEGBC.

Mr. David Pawliuk, PGeo, is the Company's qualified person, as defined by National Instrument 43-101 ("QP"), for the Capoose-Silver Trend project and all other projects located in Canada. Mr. Tom Evans, PGeo (California) acts as QP for all projects in the USA and Mexico, including the Santa Rosa project.

Mr. Weicker continues to act as a President and Director of the Company with the full support of the Board.


Randy Turner, Director

Contact Information