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Re: News - Friday, May 25, 2007
Minco Silver Expands Fuwan Deposit from Phase IV Drilling
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Minco Silver Corporation (the "Company" or "Minco Silver") (TSX:MSV) is
pleased to report the assay results of the first 10 holes of the Phase
IV exploration program on its Fuwan Silver deposit located in Guangdong
Province, China. The program was designed to further increase the level
of confidence of the resource through infill and step out drilling and
encompasses a broad spectrum of detailed engineering work designed to
investigate the geotechnical, hydrological, and metallurgical aspects
of the project.

The 10,500 metre infill and step out drilling program over the
Southwest area between section lines 43 and 15 has been progressing
well. The holes are located at 80 metre centres, along section lines 40
metres apart, and decreases the distance between adjacent holes to
approximately 60 metres by 60 metres. Six of the ten holes reported
here (66 through 69, 76, and 101) are step out holes that have extended
the mineralization to the Northeast and to the South. The deposit
remains open in both directions and further drilling is planned to
delineate these extensions before a new resource calculation is made.
Please visit the company's website at www.mincosilver.ca to view a map
of the Phase IV drill hole locations.

Zone widths for the first 10 holes completed varied from 0.97 metres to
7.65 metres (m) with silver grades ranging from 41.00 grams per tonne
to 1,143.80 grams per tonne (g/t). The assay results are highlighted by
the following intersections:Detailed results for the first 10 core
drill holes are provided below:

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Average Grades
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From To Intercept Au Ag Pb Zn
Hole No. (m) (m) (m) (g/t) (g/t) (%) (%)
-----------------------------------------------------------------
FW0066 46.76 50.25 3.49 0.27 137.87 0.05 0.08
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55.05 55.51 0.46 0.10 440.00 1.14 3.43
-----------------------------------------------------------------
FW0067 209.07 210.04 0.97 0.05 208.00 0.07 0.07
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FW0068 266.59 267.59 1.00 less 47.00
than
0.01
-----------------------------------------------------------------
FW0069 285.08 286.42 1.34 0.07 180.50 0.08 1.30
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FW0070 259.45 263.38 3.93 0.13 364.50 0.44 1.28
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264.80 265.44 0.64 0.06 41.00
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269.02 270.06 1.04 1.04 70.00
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284.94 285.74 0.80 0.06 616.50 0.61 0.11
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FW0076 167.17 169.17 2.00 0.14 118.50 0.04 0.22
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195.59 198.84 3.25 0.08 1143.80 0.42 0.55
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FW0077 171.00 173.00 2.00 0.89 1047.00 0.33 0.63
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178.10 179.20 1.10 0.53 405.00 0.09 0.28
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FW0079 141.38 143.68 2.30 0.05 508.20 0.11 0.31
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FW0083 196.46 204.11 7.65 0.42 314.18 0.12 0.51
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FW101 240.48 241.48 1.00 0.01 151.00 0.01 0.01
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244.41 246.26 1.85 0.10 152.55 0.16 1.36
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All widths are approximate true widths.

Minco Silver is encouraged by the initial Phase IV drilling results and
is working aggressively to advance the Fuwan Silver Project. Currently,
8 drill rigs are operating on the property and the Company anticipates
completion of the Phase IV exploration program by the end of July,
2007.

Samples were prepared and assayed at PRA Kunming lab (Process Research
Associated Ltd.) with supervision of a certified BC assayer. Silver was
assayed with fire assay and AAS or gravimetric finish. Assay results
were further checked at PRA's Vancouver lab as an external check.
Reference materials were inserted by Minco staff geologists as a
further assay control.

Mr. Dwayne Melrose, P. Geo, Vice President Exploration for Minco
Silver, is the Qualified Person responsible for verification and
quality assurance of the company's exploration data and analytical
results.

View Map in PDF Format:
http://www.mincosilver.ca/i/pdf/2007-05-24_Map.pdf

About Minco Silver

Minco Silver Corporation is a TSX company focusing on the acquisition
and development of silver dominant projects in China. The Company is
the exclusive vehicle for pursuing silver opportunities in China
pursuant to a strategic alliance agreement between Minco Gold
Corporation (formerly "Minco Mining & Metals Corporation")
(TSX:MMM)(AMEX:MGH)(FRANKFURT:MI5) and Silver Standard Resources
(TSX:SSO).

ON BEHALF OF THE BOARD

"Dr. Ken Z. Cai"

President & CEO

The Toronto Stock Exchange does not accept responsibility for the
accuracy of this news release. Certain terms or statements made that
are not historical facts, such as anticipated advancement of mineral
properties or programs, productions, sales of assets, exploration plans
or results, costs, prices, performance are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of
1995, and involve a number of risks and uncertainties that could cause
actual results to differ materially from those projected, anticipated,
expected or implied. These risks and uncertainties include, but are not
limited to; metals price volatility, volatility of metals production,
project development risks and ability to raise financing. The Company
undertakes no obligation and has no intention of updating
forward-looking statements.

View News Release (without map) in PDF Format:
http://www.mincosilver.ca/i/pdf/2007-05-25_NR.pdf
40 KB in size, approx. 8 seconds to download at 56.6Kbps

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Copyright (c) 2007 MINCO SILVER CORPORATION (MNV) All rights reserved.
For more information visit our website at http://www.mincosilver.ca/
or send mailto:info@mincosilver.ca
Message sent on Fri May 25, 2007 at 1:21:47 PM Pacific Time
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