Mr. Dennis McKnight of Hi Ho Silver reports

COMMENCING OF PHASE 1 DRILLING PROGRAM ON ROYAL ATTWOOD PROJECT, BRITISH COLUMBIA

Hi Ho Silver Resources Inc. will be commencing the phase 1 drilling program at the Royal Attwood project, near Grand Forks, B.C., once funds are in place, through a continuing joint venture with Golden Dawn Minerals Inc. The Royal Attwood project is located in the Greenwood mining district, south-central British Columbia, approximately 24 kilometres northeast of the famous Buckhorn mine operated by Kinross Gold Corp.

Hi Ho Silver Resources looks forward to a rewarding exploration season for 2012. The phase 1 drilling budget will allow for a minimum 2,500 metres of core diamond drilling over 12 predefined targets. These targets have been determined from a series of testing including: airborne geophysics, soil sampling and more recently a Titan24 ground survey.

The information in this document has been reviewed and verified by Mike Dufresne, MSc, PGeol, of APEX Geoscience Ltd., a qualified person. The programs will be supervised by Mr. Dufresne.