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Re: News Release - Thursday, July 24, 2008
AGM Results & Property Option Cancelled
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Silver Quest Resources Ltd. (the "Company") wishes to report that
shareholders approved the election of directors at the Annual General
Meeting of the Company held July 18, 2008 in Vancouver, British
Columbia.
Robert Weicker, Randy Turner, John McDonald, Mark Morabito and Michael
R. McPhie were elected as directors of the Company to hold office until
the next annual meeting of shareholders.
Shareholders also voted in favour of the appointment of Davison and
Company, LLP, Chartered Accountants as auditors of the Company for the
ensuing year and approved the annual ratification of the Company's 10%
rolling stock option plan.
At a meeting of the board of directors immediately following the annual
general meeting, Mr. Weicker was appointed President and CEO and J.
Christopher Mitchell was appointed CFO.
In other matters, the Company wishes to report that it has terminated
it's option to acquire up to a 75% interest in the Corcoran Canyon
silver project located in central Nevada. The Company retains no
interest in this project.
"Silver Quest is an established Canadian junior exploration company
with a focus on silver and gold projects, with mineral properties in
B.C., Ontario, Yukon, Nevada, USA and Sonora, Mexico. For Silver Quest
property locations and information, visit the Company's web site at
www.silverquest.ca."
SILVER QUEST RESOURCES LTD.
"Robert F. Weicker"
Robert F. Weicker, Director
The TSX Venture Exchange has not reviewed and does not accept
responsibility for
the adequacy or accuracy of the content of this news release.
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Copyright (c) 2008 SILVER QUEST RESOURCES LTD. (SQI) All rights
reserved. For more information visit our website at
http://www.silverquest.ca/ or send mailto:info@silverquest.ca
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