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Silver Sun Announces Resignation of Michael Johnson and Grant of Options

19.07.2011  |  Business Wire


Silver Sun Resource Corp. ('Silver Sun? or the 'Company?) is pleased to
announce that the Company's sale of its Yoreme Project to Strachan
Resources Ltd. is progressing on schedule. Upon closing of that
transaction, Silver Sun will become the largest shareholder of Strachan
and Michael Johnson, a director of Silver Sun, will become Strachan's
Chief Executive Officer. As a result, Michael has agreed to resign as a
director of Silver Sun, effective immediately. The resignation was not
as a result of any disagreement with the Company′s policies, procedures
or practices.


Further, the Company announces that it has granted an aggregate of
250,000 stock options to consultants of the Company. Each option is
exercisable at the Company′s closing price per common share on July 19,
2011 on the TSX Venture Exchange at any time until July 19, 2012 subject
to the terms of the Company′s Stock Option Plan.

About Silver Sun Resource Corp.


Silver Sun Resource Corp. is a Canadian-based resource company focused
on the acquisition, exploration and development of precious metal
deposits in North America. The Company is in the final stages of
development of its gold project in Yreka, California and engaged in an
on-going work program on the Zacatecas, Salvador, and Mina San Jose
properties located within the prolific Zacatecas Silver District in
Mexico, as well as its newly acquired Yoreme Silver Project in the
mining district of Alamos, Sonora State, Mexico. The Company has an
experienced management team with a growth strategy to develop a
diversified portfolio of mining projects that can be taken to production
in the near-term. The company's design is to add shareholder value
through efficient exploration, strategic acquisitions and effective
marketing while maintaining a low risk profile through project
diversification and sound financial management.


ON BEHALF OF THE BOARD OF DIRECTORS

'Mark A. McLeary?


President

Forward Looking Statements

This release contains forward-looking statements including
management's assessments of future plans and operations, and
expectations of future production. These statements are based on current
expectations that involve a number of risks and uncertainties, which
could cause actual results to differ materially from those anticipated.
These risks include, but are not limited to, the risk that the
conditions to complete the acquisition of the Yoreme Property are not
met including satisfactory completion of the Company′s due diligence and
any inability to obtain any applicable regulatory or corporate consents
or approvals for the proposed acquisition, the risks associated with the
mining and exploration industry including operational risks in
development, exploration and production; delays in obtaining any
governmental approvals required for production of the Company's mineral
properties, inability to obtain access to mills or reach an agreement on
commercially acceptable terms for processing of mineralized material
from the Company's mining projects, delays or changes in plans with
respect to exploration or development projects or capital expenditures;
the uncertainty of reserve estimates; the uncertainty of estimates and
projections relating to production and the uncertainty of the
availability of capital). The assumptions used in the preparation of
such statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.

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.


Silver Sun Resource Corp.

Mark A. McLeary, (604) 678-2531



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