Options Granted

NEWS RELEASE

June 4, 2010 TSX Venture: SQI-V

OPTIONS GRANTED

Vancouver, BC – Silver Quest Resources Ltd. (SQI-TSX.V) (the "Company") wishes to announce the granting of incentive stock options to certain directors, officers and employees to purchase up to 500,000 common shares under the Company’s Incentive Stock Option Plan. The options will be granted for a period of five (5) years, commencing on June 4, 2010, exercisable at a price of $0.42 per share.

SILVER QUEST RESOURCES LTD.

“Randy Turner”

Randy Turner, President

For further information please contact Investor Relations at 604-687-3959 or [email protected] The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

P.O. Box 11584, Suite 1410 - 650 West Georgia Street, Vancouver, British Columbia V6B 4N8 Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]