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Minco Silver Wins Project Development Award
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Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV)
is pleased to announce that it has received a Corporate Award for
Project Development at the annual Cambridge House Awards Dinner held at
the Vancouver Convention and Exhibition Centre on the evening of
Saturday, January 19, 2008.
Joe Martin, Chairman of Cambridge House International Inc., said: "As
the category suggests, this Award recognizes a resource company's
meaningful progress during the past calendar year. Our Awards
Committee, comprised of 24 resource industry professionals, was
impressed by Minco Silver's ongoing development of its Fuwan silver
property in its bid to become China's leading silver producer." Mr.
Martin commented further: "The fact that a recent consultants' report
stated that underground mining of the Fuwan Project is technically and
economically viable is significant, and we congratulate Dr. Ken Cai,
Minco's Chairman and CEO, and his team for their professional
accomplishments, and also as recipients of one of two Cambridge House
Corporate Awards for 2008."
Dr. Ken Cai, Chairman and CEO commented: "We are honored to receive
this award. In the last two years, the Minco team, in Canada and China,
has made tremendous progress in advancing Fuwan from an early stage
exploration project to a world-class development stage project. This
award belongs to everyone on the Minco Team, our directors, employees,
consultants, and our shareholders and partner. We plan to accelerate
activity in 2008 as we enter the permitting process, initiate a full
International Feasibility Study, and start mine construction on the
Fuwan project."
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 Silver, 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.
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Copyright (c) 2008 MINCO SILVER CORPORATION (MNV) All rights reserved.
For more information visit our website at http://www.mincosilver.ca/
or send mailto:info@mincosilver.ca
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