Silver Quest Discovers Mineralized Vein Float on the 3Ts Project, BC

Silver Quest Resources (TSX VENTURE:SQI) ("Silver Quest" or "the Company") is
pleased to announce initial results from the 2011 prospecting program on its 3Ts
Project in central British Columbia, located approximately 120 km southwest of
Vanderhoof. For additional information please visit the Company's website
www.silverquest.ca.


The 3Ts Project covers an epithermal quartz-carbonate vein system within which
12 individual mineralized veins, ranging up to 650 metres in strike length, have
been identified to date. The 3Ts Project consists of five contiguous properties
located in the Nechako Plateau region of central British Columbia. Collectively,
the project consists of ten mineral claims totalling approximately 3,164
hectares.


Prospecting has been completed over an area north of the Mint Vein, which is
located in the eastern part of the project area. Previous diamond drilling on
the Mint Vein intersected up to 4.15 grams per tonne ("g/t") gold and 45.8 g/t
silver across 4.9 metres.


A total of 55 quartz-carbonate vein samples have been analyzed. One vein float
boulder contains 8.31 g/t gold with 56.3 g/t silver, and another contains 4.02
g/t gold with 90.2 g/t silver. Seven of the 55 samples contain greater than 1.0
g/t gold.


The sampled boulders are rounded to angular, and range up to 30 cm by 47 cm
across. The quartz-carbonate vein material usually contains about 20% to 30%
calcite with 70% to 80% quartz. In addition, the vein material generally
contains traces of hematite, limonite and/or manganese oxides. No sulphide
minerals have yet been identified.


Glacial transport within the 3Ts Project area was from west to east, and the
mineralized float boulders are located north of the surface limit of Mint Vein
outcrop. The Mint Vein is unlikely to be the bedrock source of the mineralized
boulders. The bedrock source of the mineralized float boulders is therefore as
yet undiscovered, quartz-carbonate veins located within the overburden-covered
area to the west. Prospecting is continuing within this area.


Sample analysis and assaying is being conducted by SGS Canada Inc., Vancouver, BC.

A 2,000 metre diamond drilling program commenced on the 3Ts Project on June 8,
2011. The program was designed to test several of the known veins, including the
Ted Vein. The best hole from previous drilling (by Phelps Dodge) on the Ted Vein
intersected 8.88 g/t gold and 393.6 g/t silver across a true width of 15.4
metres.


David Pawliuk, P.Geo., Vice President Exploration for Silver Quest is the
Qualified Person, as defined by National Instrument 43-101, for the 3Ts Project
and supervised the preparation of the technical information in this release.


SILVER QUEST RESOURCES LTD.

Randy Turner, President

Silver Quest Resources Ltd (TSXV:SQI)
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