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Mr. Randy Turner reports

SILVER QUEST ANNOUNCES 23 M OF 9.14 G/T GOLD AND 15 M OF 9.30 G/T GOLD INTERCEPTS AT DAVIDSON GOLD PROJECT, BC

Silver Quest Resources (TSX VENTURE: SQI) ("Silver Quest" or "the Company") is pleased to report drill results from eight holes (BW 141 through BW 148) drilled to expand the resources on the Davidson Gold Project, a joint venture with Richfield Ventures Corp., which is the operator of the joint venture. Silver Quest has a 25% interest in the joint venture. The project is approximately 110 kilometres southwest of Vanderhoof, BC. The eight holes reported here are holes six through fourteen in the current 20,000 metre drill campaign.

The best results were 23 metres of 9.14 grams/tonne ("g/t") gold in hole BW 141 and 15 metres of 9.30 g/t gold in hole BW 146. Gold mineralization is seen in every hole with BW 146 returning an intersection of 378 metres grading 1.09 g/t Au.

BW 141, BW 143 and BW 148, were drilled in the northeast of the historical Gold Zone. Two holes, BW 144 and BW 147, were drilled in the centre of the joint venture property. Three further holes, BW 142, BW 145 and BW 146, were drilled in the northwest. BW 142 and BW 145 were drilled from the same location, and both were abandoned because of drilling difficulties. All eight holes were drilled vertically.

2011-05-10 08:12 ET - News Release

tijd 15.33
Het aandeel doet C$ 0,78 Hoog C$ 0,80 en Laag C$ 0,78 Last price C$ 0,72

om 09:38:04 ging er 1 post van op, C$ 0.79 + 0.07 250,000 sts

Tue 10 May 2011 10:22:25 EDT - Trade times are ET. News times are ET. Bid/ask/vol sizes in thousands.Sym-X Bid - Ask Last Chg % Vol $Vol #tr Open-Hi-Lo Year Hi-Lo last trade News Delay
SQI - V 11.0 0.77 · 0.78 47.5 0.77 +0.05 6.9 770.0 Vol. 603$Vol 85 0.77 0.80 0.77 1.05 0.365 10:06:53 08:12 15 min