United Silver Corp. (“United Silver Corp.”, the “Company”, or “USC”;TSX: USC; OTC: USCZF; Frankfurt: UM8) is pleased to announce that it has acquired Gold Finder Explorations Ltd.’s 20% joint venture interest in the Crescent Silver Mine, located in the Coeur D’Alene Silver Belt, Idaho. Prior to this acquisition, USC had earned an 80% interest in the Crescent Silver Mine project and Gold Finder held the remaining 20% interest. The parties have agreed that USC would own the project and would pay to Gold Finder a net smelter royalty interest on commercial production from the whole property that USC now controls, including property that had not been previously owned by Gold Finder.

In consideration of the transfer of Gold Finder’s 20% interest in the project and payment by Gold Finder of $400,000, half in cash and half out of NSR payments owing to Gold Finder in future, Gold Finder is entitled to a perpetual 2% NSR on commercial production from all minerals on the Crescent Mine properties that USC currently owns. The agreement is effective immediately.

Graham Clark, CEO of USC said, “We believe that our acquisition of the Gold Finders interest in the Crescent Mine project provides certainty to both companies. Our previously announced plans to develop the Crescent Mine remains our focus and priority. We are now looking at ways to ensure we have adequate funding in place to carry out our plans until commercial production makes our project self sustaining and profitable.”

ABOUT UNITED SILVER CORP.

USC is a vertically integrated mining company with operations in Idaho, USA. It has now acquired a 100% interest in the Crescent Silver Mine project in Idaho's prolific Silver Belt - directly between two of the world's historically largest silver producing properties, the Sunshine and Bunker Hill mines. USC also offers a full suite of mining services including contract mining and mine machine repair and fabrication services to silver miners in the district. USC's common shares trade on the Toronto Stock Exchange under the symbol "USC". For more information about USC, please visit: www.unitedsilvercorp.com

www.unitedsilvercorp.com

ON BEHALF OF UNITED SILVER CORP.

"Graham Clark"

Chairman and CEO

FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. Forward looking statements in this press release include that we can arrange to have sufficient funding until our project becomes self sustaining, and that it will become self sustaining and profitable.. The Company's actual results and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: results of exploration and development activities, mis-estimation of mineral reserves and resources, fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the inability to obtain sufficient financing, labor shortages, the inability to keep key employees, currency fluctuations, general market and industry conditions and other risks disclosed in the Company's filings with Canadian Securities Regulators.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be inaccurate and as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.