Mr. Nicholas Rodway reports

CORE SILVER ANNOUNCES GRANT OF STOCK OPTIONS

Core Silver Corp. has granted stock options to purchase up to 1.17 million common shares of the company to certain directors, officers, employees and consultants of the company pursuant to the company's stock option plan. The options are exercisable for a period of four years from the date of grant at a price of 61 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.

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, which covers a land area of 114,074 hectares (approximately 1,140 square kilometres). The Blue property lies within the Atlin mining district, a well-known 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 (LFZ). This structure is approximately 140 kilometres in length and runs from the Tally-Ho shear zone in Yukon, south through the Blue property to the Alaskan panhandle Juneau ice sheet in the United States. Core Silver believes that the southern 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. 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 to tailor an already-proven exploration model and believes this could facilitate a major discovery. Core Silver is excited to become one of the 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.