U.S. Silver Announces Stock Option Grant

US Silver Corporation (TSX-V: USA, OTCQX: USSIF, Frankfurt: QE2)
('US Silver? or 'the Company?) announces that an officer of the Company
has been granted a total of 1,000,000 share purchase options. The
options are priced at $0.54 per share and expire five years from the
date of issue. Such options are subject to the terms and conditions of
the Plan, certain vesting provisions, and the policies of the Exchange.

ABOUT U.S. SILVER CORPORATION

U.S. Silver, through its wholly owned subsidiaries, owns and/or operates
the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in
Shoshone County, Idaho, with the Galena mine being the second most
prolific silver mine in US history. Total silver production from U.S.
Silver's mining complex has exceeded 217 million ounces of silver
production since 1953. U.S. Silver controls a land package now totaling
approximately 14,000 acres in the heart of the Coeur d'Alene Mining
District. U.S. Silver is focused on expanding the production from
existing operations as well as exploring and developing its extensive
SilverValley holdings in the Coeur d'Alene Mining District.

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are
subject to significant risks and uncertainties that are difficult to
predict. Actual results might differ materially from results suggested
in any forward-looking statements. The Company assumes no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to the Company. Additional information identifying risks and
uncertainties is contained in filings by the Company with the Canadian
securities regulators, which filings are available at www.sedar.com.

U.S. Silver

Tom Parker, CEO

(208) 752-0400

or

Chris
Hopkins, CFO

(416) 907-9539

or

The Equicom Group

Patrick
Piette

(416) 815-0700 x267