MSV Minco Silver Corp

Minco Silver Corporation (the "Company" or "Minco Silver") (TSX:MSV) hereby
announces that Ernst & Young LLP, Chartered Accountants (the "Former Auditors")
have resigned as auditors of the Company effective October 19, 2009.
Accordingly, the Board of Directors has appointed PricewaterhouseCoopers LLP,
Chartered Accountants, (the "Successor Auditors") as auditors for the Company.


There were no reservations in the Former Auditors' report for the two most
recently completed fiscal years or for any period subsequent to the most
recently-completed period for which an audit report was issued and preceding the
date of the Former Auditors' resignation. There are no reportable events between
the Company and the Former Auditors. The resignation of the Former Auditors as
auditors of the Company has been approved by the Company's Audit Committee and
its Board of Directors. The Notice of Change of Auditor, together with the
letter from the Former Auditor's and the letter from the Successor Auditors, has
been reviewed by the Company's Audit Committee and its Board of Directors.


About Minco Silver

Minco Silver Corporation (TSX:MSV) is a TSX listed company focusing on the
acquisition and development of silver dominant projects. The Company owns 90%
interest in the world class Fuwan Silver Deposit, situated along the northeast
margin of the highly prospective Fuwan Silver Belt.


ON BEHALF OF THE BOARD

Dr. Ken Z. Cai, Chairman & CEO

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.

Minco Silver (TSX:MSV)
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