SNS Silver Grants Stock Options

SNS Silver Corporation reports today that pursuant to the Company's Stock Option Plan, a total of 1,535,000 incentive stock options were granted on February 27, 2007, to directors, officers, consultants and employees of the Company. Of the total stock options granted, 1,300,000 options were granted to directors and senior officers.

The options are exercisable at a price of $1.40 per share until February 27, 2012. The Stock Options have been granted in accordance with the terms of the Company's 10% Rolling Stock Option Plan approved on February 16, 2007.

SNS Silver Corp. owns 100% of the Crescent Mine in the Coeur d'Alene mining district. The Crescent Mine is a historic high-grade silver producer. From 1917-1982 the property produced 25 million ounces of Silver at an average grade of 27.3 ounces per ton. Prior to its last shut down in the 80's, previous operators of the Crescent Mine reported over 9 million ounces of silver resources at an average grade of 18 ounces per ton.

The property lies between two world-class Silver producers, the Sunshine mine, which has produced more than 300 million ounces of Silver and the Bunker Hill mine, which has produced over 150 million ounces of Silver. The Coeur d'Alene district is the only known mining district in North America to have produced over 1 billion ounces of silver.

SNS Silver (SNS) trades on the TSX-V under the symbol SNS. The Company has approximately 27.2 million shares outstanding and about $9.0 million cash on hand.

All resource estimates quoted herein are based on data and reports obtained and prepared by previous operators. The Company has not completed the work necessary to independently verify the classification of the mineral resource estimates and is not treating the mineral resource estimates as National Instrument 43-101 defined resources verified by a qualified person. The historical estimates should not be relied upon. The Crescent Mine will require considerable further evaluation, which the Company's management and consultants are in the process of completing. -- www.cnxmarketlink.com