SILVER FIELDS REPORTS ADDITIONAL SILVER ASSAYS

New Samples Return Silver Values From 13 To 1,203 g/t   Silver Fields Resources is pleased to report that the Company has received assays from additional sampling of the “Cow Trail Vein”, on its Keremeos Silver Project on the east side of Mt. Richter Ridge. The vein which has been traced for over 50 metres has returned assays from new continuous channel sampling, highlighted by the Cowtrail 12 sample showing 1,203 g/t (38.67 oz/t) over a true width of 0.09 metres.   The sampling was carried out in the same area as the samples reported in a previous news release (Stockwatch August 16, 2011) which returned values of up to 1,625 g/t. This has confirmed to management the high potential for one of the drill targets in the planned drill program which is awaiting the completion of the permitting process by government officials. All drill-sites are on or near existing ranch roads and access is excellent.  

Details  

Sample                      Assay (g/t)                   True Width (m)  

Cowtrail 10                  19                                0.08
Cowtrail 11                  13                                0.10
Cowtrail 12                  1,203                           0.09
Cowtrail 13                  81                                0.07
Cowtrail 14                  268                           0.2                                

Geological mapping and prospecting is continuing and additional soil and rock samples have been sent for assaying from the Cow Trail Vein; the Kohler Vein; the area close to the former Dankoe Mine and two other areas identified by anomalous results of soil sampling.     Technical material in this news release has been prepared and/or reviewed by Peter Folk, P.Eng., a Qualified Person as defined in NI43-101. Assays quoted here were assays performed for Silver Fields Resources Inc. by Acme Analytical Laboratories. It is emphasized that these assays were performed on continuous chip samples, which are not representative of the zone or zones as a whole.

Statements about the Company’s future expectations and all other statements in this press release other than historical facts are “forward looking statements”. The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time. The Company’s actual results may differ materially from the expected results.

We seek Safe Harbor.

2011

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