Mr. Mark McLeary reports

SILVER SUN TO ACQUIRE MAJORITY INTEREST IN CHERRY HILL MINING COMPANY

Silver Sun Resource Corp. has signed a binding letter of intent with Cherry Hill Mining Company Inc. to acquire a 51-per-cent undivided interest in the Cherry Hill mine. The Cherry Hill mine is fully permitted and consists of a high-grade underground quartz lode mine that is located on a claim block consisting of six unpatented mining claims. The Cherry Hill purchase includes one mill site claim including a 750-tonnne-per-month gravity circuit mill with all machinery and equipment.

The property is approximately 125 acres located in the Klamath National Forest in Siskiyou county, California, approximately eight miles from Yreka. Cherry Hill has completed a substantial amount of development work in the mine. Gold was recovered by gravity with the sulphide concentrates sent to Nevada for processing. In January, 2009, Cherry Hill contracted Robert L. Hill, California-registered geologist No. 3386, to provide an assessment report on the property. His report stated historical production data from the California State Mining Bureau in January, 1925, "continuous production along veins with repeated ore grades of one ounce gold per ton" (32 grams per tonne Au). Further, historical production results from the California Journal of Mines and Geology stated recoveries from the property at 2.4 ounces gold per ton (76.80 g/t Au). "We are very excited about closing the Cherry Hill acquisition," stated company president Mark McLeary. "The potential for near-term production should bring immediate value to the growth of Silver Sun. Coupled with our continued commitment to put our Zacatecas, Mexico, stockpiles into production, the company may have two of its three projects close to production in the near term." In consideration of the acquisition of a 51-per-cent interest in the property, the company agreed to pay $555,000 (U.S.) to Cherry Hill. The company made a non-refundable deposit of $10,000 (U.S.) to Cherry Hill to be credited against the purchase price at closing. Closing of the transaction is subject to a number of conditions including: the parties' entry into a definitive agreement on customary terms on or before March 15, 2011; the satisfactory completion of the parties' due diligence investigations; and obtaining all applicable regulatory and corporate approvals and consents including the approval of the TSX Venture Exchange. There are no finders' fees payable in connection with the proposed transaction.

Ian Foreman, PGeo, is the company's qualified person as defined by National Instrument 43-101, is responsible for monitoring the supervision and quality control of Silver Sun's exploration programs, and has not verified the historical data contained herein.

We seek Safe Harbor.