Q3-2008 Silver Sales

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Clavis

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Q3-2008 Silver Sales

posted on Nov 18, 2008 09:17AM

November 18, 2008

Silverstone Provides Q3-2008 Silver Sales

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2008) - Silverstone Resources Corp. ("Silverstone") (TSX VENTURE:SST) reports sales of 386,000 ounces of silver in the third quarter of 2008 and 1.2 million ounces for the nine months ended September 30, 2008. Silverstone purchased Q3 - 2008 production at an average cost of US$3.97 per ounce. The cost of silver is fixed at less than US$4.00 per ounce through 2010.

------------------------------------------------------
                                           Nine Months
                                                 Ended
                         Q3 - 2008      Sept. 30, 2008
------------------------------------------------------
                            Ag (oz)             Ag (oz)
------------------------------------------------------

------------------------------------------------------
Cozamin                    265,000             911,000
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Neves-Corvo Copper         121,000             337,000
------------------------------------------------------
Neves-Corvo Zinc                 0                   0
------------------------------------------------------
Aljustrel Zinc                   0                   0
------------------------------------------------------

------------------------------------------------------
Total                      386,000           1,248,000
------------------------------------------------------

Silverstone will release third quarter results on Monday, November 24, 2008 after market close and will host a conference call on Tuesday, November 25, 2008 at 8:30am PST (11:30am EST) to discuss these results. The conference call may be accessed by dialing 1.866.365.1119 in North America or 1.416.849.7329 internationally. Please ask for the Silverstone conference call. The conference call will be archived for later playback until December 2, 2008 and can be accessed by dialing 1.866.501.5559 and the pass code is 21289882#.

Mr. Hugh Willson, P.Geo., Vice-President, Exploration of Silverstone, who is a "qualified person" under National Instrument 43-101, has reviewed and approved the technical aspects of this news release.

ABOUT SILVERSTONE

Silverstone is a silver and gold mining company with 100% of its revenue from precious metal production. Silverstone expects to have 2008 silver sales of approximately 1.8 million ounces and increasing to 4.5 million ounces silver equivalent in 2009. More information is available online at: www.silverstonecorp.com.

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