SNS Silver Corp.
TSX VENTURE : SNS

SNS Silver Corp.

March 30, 2010 16:00 ET

SNS Silver Extends Historical Mineralization at the Emerald Lake Gold Project in Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 30, 2010) - SNS Silver Corporation ("SNS" or the "Company") (TSX VENTURE:SNS) is pleased to provide an update of the progress on its Emerald Lake Gold Project where drilling has been in process for the past three months.

The current drill program started in late December and to date more than 6,000 meters of core have been drilled in 30 holes. The first phase of this program has been geared towards extending the mineralized zone to the east of the existing mine workings, but some of the holes were drilled to test geophysical targets.

Most of the core has been split and sent for assay, but some of that work is still in process on the most recently drilled core. Assay results are continuing to come in, but to date we do not have complete results on a sufficient number of the holes to release them.

Many of the holes intercepted intervals at the contact between the banded iron formation and the northern layer of volcanic rocks, where the gold mineralization at the Golden Rose is typically found. The longest of these intercepts cut to date is in hole GR09-25, which cut 218 feet of the banded iron formation that was almost completely altered and replaced by multiple stages of quartz and pyrite (see website for photos www.snssilver.com). This intercept is on-strike and down plunge of the main ore shoot that was mined in the Golden Rose mine and could extend the mineralization 250 meters to the east, and to at least 75 metres below the lowest level in the mine. Two offset holes are currently being drilled to follow up this intercept.

SNS expects to have all of the assays results in and reviewed by the company's geological team prior to releasing those results to the market, so that the company can have a full understanding of the work program completed and best present that message to shareholders and investors. This process will also provide the basis for targeting holes in phase two of the drilling program at Emerald Lake.

Stephen G. Mlot, P.Eng, has been acting as "Qualified Person" as defined by National Instrument 43-101 for SNS on the Golden Rose Project and has reviewed the contents of this release.

Historic Data on the Emerald Lake Project

Historical data on the Emerald Lake project, much of it derived from the records of Noramco Mining Corp., indicate that in 1986, the property is reported to have hosted a global geological resource of 617,000 ounces gold, contained within 2.4 million tonnes (grading 0.26 ounce per ton). The resource is considered historical in nature and as such is based on prior data and reports prepared by previous operators, not defined as required by NI 43-101. The work necessary to reclassify the resource has not been completed and the resource estimates therefore, cannot be treated as NI 43-101-defined resources verified by a qualified person. This resource should not be relied upon, and there can be no assurance that any of the resources, in whole or in part, will ever become economically viable.

The deepest intercept recorded on the property cut 84 feet of 14 grams per tonne gold below 1,000 feet vertically, with many other high-grade drill intersections (0.25 ounce to 0.35 ounce per ton) located between the 600-foot elevation and the lowest elevation level at 1,000 feet.

The property is developed by five levels off of a vertical shaft to 750 feet, and two levels off of an inclined winze to 1,000 feet. All of the past production took place above 700 foot elevation. Ramp development reaches to about 800 feet vertically providing good access to evaluate the high-grade areas.

Only a 1,600-foot length of a four-mile structure has been extensively explored, and with high-grade known below the 1,000-foot level at the east end of the developed areas.

The strategic plan moving forward will be to confirm, delineate and expand the mineral resource by initiating a surface drill program followed by dewatering and rehabilitation of the existing ramp that will allow for underground drilling. SNS will then commence an extensive program to test the unexplored targets of the Emerald Lake property.

We Seek Safe Harbor

SNS Silver Corporation (TSX VENTURE:SNS) is an exploration mining company, whose assets include a number of near term production projects in geopolitically secure Idaho, USA. The 100% owned Crescent Mine consists of 24 patented mining claims over approximately 350 acres. These adjacent properties operated independently to produce nearly 400 million ozs of silver historically and their recent merger is expected to enhance exploration opportunities on their once disputed boundary.

This press release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

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