Mr. Nicholas Rodway reports

CORE SILVER ANNOUNCES GRANT OF STOCK OPTIONS

Core Silver Corp. has granted stock options to purchase up to 1.75 million common shares of the company to certain directors, officers, employees and consultants of the company, pursuant to the company's stock option. The options are exercisable for a period of four years from the date of grant at a price of 81 cents per share. The options will vest immediately. All of the options and the shares underlying the options are subject to a hold period of four months and one day from the date of grant in accordance with the policies of the Canadian Securities Exchange and applicable securities laws.

Additionally, the company announces that is has granted an aggregate of 1.35 million restricted share units, which will vest on the date that is 12 months from the date of grant. Each RSU represents the right to receive, once vested, one common share in the capital of the company.

About Core Silver Corp.

Core Silver is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in British Columbia, Canada. The company currently holds 100-per-cent ownership in the Blue property mineral tenure, which covers a land area of 114,074 hectares (approximately 1,140 square kilometres). The project lies within the Atlin mining district, a gold mining camp located in the unceded territory of the Taku River Tlingit First Nation and the Carcross/Tagish First Nation. The Blue property hosts a major structural feature known as the Llewellyn fault zone. This structure is approximately 140 km in length and runs from the Tally-Ho shear zone in the Yukon south through the Blue property to the Alaskan Panhandle Juneau ice sheet in the United States. Core Silver believes that the south Atlin Lake area and the LFZ have been neglected since the last major exploration campaigns in the 1980s. The LFZ plays an important role in mineralization of near-surface metal occurrences across the Blue property mineral tenure. The past 50 years have seen substantial advancements in the understanding of porphyry, skarn and carbonate replacement type deposits both globally and in British Columbia's Golden Triangle. The company has leveraged this information at the Blue property mineral tenure to tailor an already proven exploration model and believes this could facilitate a major discovery. Core Silver is excited to become one of Atlin mining district's premier explorers where its team believes there are substantial opportunities for new discoveries and development in the area.

We seek Safe Harbor.