Saville Announces Closing a Non-Brokered Private Placement

SAVILLE RESOURCES INC.

Suite 1450 – 789 West Pender Street Vancouver, B.C.

V6C 1H2 Phone: 604-681-1568 Fax: 604-681-8240

SAVILLE ANNOUNCES CLOSING A NON-BROKERED PRIVATE PLACEMENT

Vancouver, B.C. – June 5, 2012 – The Company reported today that it had closed a non-brokered private placement of 2,010,000 units at a price of $0.10 per unit for gross proceeds of $201,000. Each unit consisted of one share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the Company at a price of $0.20 per share for a one year period to May 29, 2013 and at a price of $0.30 per share for a subsequent one year period expiring May 29, 2014. The common shares forming part of the units, and any shares acquired on exercise of the warrants are subject to restrictions on resale to September 30, 2012.

Proceeds of the placement will be applied toward a work program on the Company’s Bud Property and for general working capital.

ON BEHALF OF THE BOARD OF DIRECTORS OF SAVILLE RESOURCES INC.

_______”Craig Robson”___________________________ Craig Robson, Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.