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File: Cherry Hill Acquisition.docx

SILVER SUN RESOURCE CORP.
Suite 400 - 409 Granville Street
Vancouver, BC, V6C 1T2
Telephone: (604) 678-2531


NEWS RELEASE							Trading Symbol TSX-V: SSU


Silver Sun to Acquire Majority Interest in Cherry Hill Mining Company

Vancouver, British Columbia (March 3rd, 2011) - Silver Sun Resource Corp. ("Silver Sun" or "the Company") is pleased t
--->o announce it has signed a binding letter of intent with Cherry Hill Mining Company, Inc. ("Cherry Hill") to acquire a
---> fifty one percent (51%) undivided interest in the Cherry Hill Mine (the "Property"). The Cherry Hill Mine is fully pe
--->rmitted and consists of a high grade underground quartz lode mine that is located on a claim block consisting of six u
--->npatented mining claims. The Cherry Hill purchase includes one mill site claim including a 750 ton per month gravity c
--->ircuit mill with all machinery and equipment. 
The Property is approximately 125 acres located in the Klamath National Forest in Siskiyou County, California, approxi
--->mately 8 miles from Yreka. Cherry Hill has completed a substantial amount of development work in the mine. Gold was re
--->covered by gravity with the sulphide concentrates sent to Nevada for processing. In January 2009, Cherry Hill contract
--->ed Robert L. Hill, CA Reg. Geologist #3386, to provide an assessment report on the property. His report stated histori
--->cal production data from the California State Mining Bureau in Jan. 1925, "continuous production along veins with repe
--->ated ore grades of 1 ounce gold per ton" (32g/t Au). Further, historical production results from the California Journa
--->l 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 potentia
--->l for near-term production should bring immediate value to the growth of Silver Sun. Coupled with our continued commit
--->ment 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% interest in the Property, the Company agreed to pay US$555,000 to Cherry 
--->Hill. The Company made a non-refundable deposit of US$10,000 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 defi
--->nitive agreement on customary terms on or before March 15th, 2011; the satisfactory completion of the parties' due dil
--->igence investigations; and obtaining all applicable regulatory, corporate approvals and consents including the approva
--->l of the TSX Venture Exchange.   There are no finder fees payable in connection with the proposed transaction. 
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused on the acquisition, exploration and development
---> of precious metal deposits in North America. The Company is engaged in an on-going work programme on the Zacatecas, S
--->alvador, and Mina San Jose properties located within the prolific Zacatecas Silver District in Mexico, as well as its 
--->newly acquired Yoreme Silver Project in the mining district of Alamos, Sonora State, Mexico. The Company has an experi
--->enced management team with a growth strategy to develop a diversified portfolio of mining projects that can be taken t
--->o production in the near-term. The company's design is to add shareholder value through efficient exploration, strateg
--->ic acquisitions and effective marketing while maintaining a low risk profile through project diversification and sound
---> financial management. 
Ian Foreman, P.Geo, is the Company's Qualified Person as defined by National Instrument 43-101, and is responsible for
---> monitoring the supervision and quality control of Silver Sun's exploration programs and has not verified the historic
--->al data contained herein.
ON BEHALF OF THE BOARD OF DIRECTORS 
"Mark A. McLeary"
President
Forward Looking Statements
The data included in the report of Robert L. Hill CA Reg. Geologist #3386 with respect to the Property is historical i
--->n nature. The Company is not treating the data as National Instrument defined resources or reserves verified by a Qual
--->ified Person, and the historical estimate should not be relied upon. The reader is cautioned that the potential quanti
--->ty and grade of the regional exploration target is conceptual in nature; it is uncertain if further exploration will r
--->esult in the exploration target being delineated as a mineral resource and there is no guarantee that these resources,
---> if delineated, will be economic or sufficient to support a commercial mining operation. The Company's production obje
--->ctives are intended to provide an indication of management's current expectations and are still conceptual in nature. 
--->It is uncertain that it will be established that these resources will be converted into economically viable mining res
--->erves. Until a feasibility study has been completed, there is no certainty that these objectives will be met.
This release contains forward-looking statements including management's assessments of future plans and operations, an
--->d expectations of future production. These statements are based on current expectations that involve a number of risks
---> and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include,
---> but are not limited to, the risk that the conditions to complete the acquisition of the Property are not met includin
--->g satisfactory completion of the Company's due diligence and any inability to obtain any applicable regulatory or corp
--->orate consents or approvals for the proposed acquisition, the risks associated with the mining and exploration industr
--->y including operational risks in development, exploration and production; delays in obtaining any governmental approva
--->ls required for production of the Company's mineral properties, inability to obtain access to mills or reach an agreem
--->ent on commercially acceptable terms for processing of mineralized material from the Company's mining projects, delays
---> or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of r
--->eserve estimates; the uncertainty of estimates and projections relating to production and the uncertainty of the avail
--->ability of capital). The assumptions used in the preparation of such statements, although considered reasonable at the
---> time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking s
--->tatements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.