HDA

Huldra Silver Inc. (the "Company" or "Huldra Silver") (TSX VENTURE:HDA) is
pleased to announce that the Company has been issued a Mines Act Permit from the
British Columbia Ministry of Energy, Mines and Petroleum Resources for the
period beginning July 14, 2010 and ending December 31, 2013 for work on its
wholly owned Treasure Mountain Property. The permit allows for trenching,
blasting, drilling, underground exploration and a 10,000 tonne bulk sample,
subject to certain terms and conditions.


The 2010 portion of the work will commence in the near future and will include,
but not be limited to:




--  trenching and diamond drilling a previously explored near surface target
    800 metres east of the underground development;
--  re-opening underground portals for exploration, mine planning and
    engineering; and
--  rehabilitation of access roads.



Once the 2010 work program is complete, the Company will make assessments on the
underground engineering requirements and potential of the near surface target to
determine where it will begin its 2011 work program, that may include a 10,000
tonne bulk sample and further exploration. Ryan Sharp, President and CEO,
states, "We are very excited to be moving ahead with the exploration and
development of this project and are very pleased with the flexibility provided
by the Ministry of Energy, Mines and Petroleum Resources and their permitting
process."


The Company is currently conducting background environmental monitoring as part
of a full mining permit that it is planning on re-submitting for review in early
2011. All of the work is being conducted in consultation with the British
Columbia Ministry of the Environment.


Huldra Silver is currently working on plans to put the Treasure Mountain
Project, located 3 hours east of Vancouver, BC, into development subject to
permitting and financing. The Company is also actively assessing other
opportunities for acquisition and development.


On behalf of the Board of Directors

Ryan Sharp, MBA, President, CEO & Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect
the expectations of management regarding the Company's overall business
development objectives and plans. Forward-looking statements consist of
statements that are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future, and include
discussion of the Company's planned work to be undertaken as a result of the
Company's receipt of the Mines Act Permit, and that the Company intends to put
the Treasure Mountain Project into development. Such statements are subject to
risks and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the statements. No
assurance can be given that any of the events anticipated by the forward-looking
statements will occur or, if they do occur, what benefits the Company will
obtain from them. These forward-looking statements reflect management's current
views and are based on certain expectations, estimates and assumptions which may
prove to be incorrect. A number of risks and uncertainties could cause the
Company's actual results to differ materially from those expressed or implied by
the forward-looking statements, including: (1) a downturn in general economic
conditions in North America and internationally, (2) the inherent uncertainties
and speculative nature associated with silver exploration, (3) a decreased
demand for silver, (4) any number of events or causes which may delay
exploration and development of the Company's property interests, such as
environmental liabilities, weather, mechanical failures, safety concerns and
labour problems, (5) the risk that the Company does not execute its business
plan, (6) inability to finance operations and growth, (7) inability to obtain
all necessary permitting and financing, and (8) other factors beyond the
Company's control. These forward-looking statements are made as of the date of
this news release and the Company assumes no obligation to update these
forward-looking statements, or to update the reasons why actual results differed
from those projected in the forward-looking statements, except in accordance
with applicable securities laws. Additional information about the Company and
these and other assumptions, risks and uncertainties is available in the
Company's public filings with Canadian securities regulators, available on SEDAR
at www.sedar.com.

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