Ms. Heather Foster reports

U.S. SILVER RECEIVES APPROVAL TO GRADUATE TO THE TSX

U.S. Silver Corp. has received approval from the Toronto Stock Exchange to list its common shares and warrants on the TSX as an exempt mining issuer, graduating from the TSX Venture Exchange. The common shares and warrants of U.S. Silver will commence trading on the TSX at the opening of market today, Monday Oct. 3, 2011, under its existing trading symbols, being USA and USA.WT, respectively.

"The U.S. Silver team is proud to have received approval to list on the TSX," said Tom Parker, president and chief executive officer. "Listing on the TSX represents a significant corporate accomplishment and milestone for the company, representing the significant growth and strength that U.S. Silver has delivered. The TSX listing represents an opportunity to provide greater accessibility and liquidity to a broader group of investors, and provides increased market recognition and access to capital. The TSX is a premier stock exchange for mining companies and a main board listing will increase our visibility with investors throughout the world."

Concurrent with the TSX listing, the common shares and warrants will be delisted from the TSX-V.

We seek Safe Harbor.