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Re: News - Monday, September 17, 2007
Minco Silver Reports Over 97% Silver Recoveries from Initial
Metallurgical Tests at the Fuwan Project
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Minco Silver Corporation (the "Company" or "Minco Silver")(TSX: MSV) is
pleased to report that the initial metallurgical testing has been
completed on material representative of the mineralization at the Fuwan
silver project located in Guangdong Province, China. The work was
carried out by Process Research Associates (PRA) of Vancouver and
included options of gravity separation, cyanidation, and flotation. As
a basis for the test work, 400 kilograms of representative material of
the Fuwan deposit was taken from drill core and pulp rejects from the
drill core to form three samples. These included a sample from Zone 1,
a sample from Zone 2, and a composite sample prepared from Zone 1 and 2
samples.

Following a series of "open cycle" tests using different grind sizes
and a variety of reagents, it was found that a simple flow sheet using
conventional flotation, standard reagents, provided encouraging
recoveries. Subsequent "locked cycle" flotation tests on the composite
sample have resulted in overall recoveries for silver from lead and
zinc concentrates of 97.9%. In addition, good results were obtained for
other contained metals with recoveries of 97.9% for zinc, 94.0% for
lead, and 77.4% for gold.

Of particular note is the substantial upgrading in silver that occurred
in the lead concentrate. For the composite sample, the head grade of
244.5 g/t silver increased to a concentrate grade of 9,325.1 g/t
silver. Flotation tests for the individual samples (Zones 1 & 2)
provided similar results.

Results of the Locked Cycle Test are as follows:

View Tables:
http://www.mincosilver.ca/i/pdf/2007-09-17_NR.pdf

Other results completed by PRA during the metallurgical testing
included a determination of the Bond ball-mill index. Based on a closed
screen size of 200 microns, this was calculated to be 17.8kWh/tonne.
The Fuwan ore is therefore judged to be of average hardness.

The results of the PRA metallurgical work will be used for the
preliminary plant design in the Preliminary Economic Assessment
currently being conducted by SRK Consultants.

Minco Silver Chairman and CEO Dr. Ken Cai commented: "We are very
pleased with the recoveries from this round of testing at the Fuwan
project. These results indicate that we can expect excellent silver
recoveries using conventional flotation with standard, readily
available reagents. We can also expect substantial value from the
other contained metals that will be recovered from a deposit located so
close to existing infrastructure and domestic markets."

This news release has been reviewed and approved for release by Mr.
Dwayne Melrose, P. Geo, Vice President Exploration for Minco Silver and
Qualified Person responsible for verification and quality assurance of
the company's exploration data and analytical results.

About Minco Silver

Minco Silver Corporation (TSX: MSV) 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/FSE:MI5) and Silver Standard Resources (TSX:SSO).
For more information on Minco and its properties, please visit the
website at www.mincosilver.ca or contact Ute Koessler at
1-888-288-8288 or (604) 688-8002 info@mincosilver.ca.

ON BEHALF OF THE BOARD
"Dr. Ken Z. Cai"
Chairman & 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 in PDF Format:
http://www.mincosilver.ca/i/pdf/2007-09-17_NR.pdf
34 KB in size, approx. 7 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 Mon Sep 17, 2007 at 10:48:27 AM Pacific Time
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