SNS Precious metals wraps up drill program with over 2ft of 55 g/t gold

Monday, June 28th 2010, VANCOUVER, B.C.:  SNS Precious Metals Inc. (TSX:SNS) (“SNS” or “the company”) is pleased to announce that it has received final assay results from the phase 1 diamond drilling program on the Emerald Lake Property located 65 km northeast of Sudbury, Ontario.

The program consisted of 6713 m of diamond drilling in 30 drill holes.  The drill holes partially tested the extension of the historical mineralization, as well as various geophysical targets over a strike length of 750 m. 

Highlights from the recent drilling are tabulated below.  The lengths reported are drill intersected core lengths and do not represent true widths.

DDH	From (ft)	To (ft)	Interval (ft)	Au  (gpt)
GR09-10	345.83	347.83	2	4.38
	371	373	2	7.37
GR09-11	405	408	3	2.63
	514	517.33	3.33	9.46
	529	530.5	1.5	6.14
GR09-12	657	659	2	1.44
GR09-14	360	363	3	7.23
	371	374	3	3.44
GR09-21	589	595	6	4.12
inc	589	591	2	1.03
inc	591	593	2	9.49
inc	593	595	2	1.83
GR09-23	719.5	722	2.5	18.2
	758.67	760	1.33	1.23
	763	766	3	1.29
	770	772	2	55.00
	772	773	1	0.96
GR09-24	606	608	2	3.06
GR09-26	636	638	2	55.3
	709.5	710.5	1	5.78
GR09-27	751	752	1	6.32
	795	797	2	2.79
GR09-28	1108	1111	3	1.11
GR09-29	758	761	3	1.63
	773.5	776	2.5	7.00
	790	793	3	1.78
	811	813.5	2.5	6.08
GR09-30	972	974	2	1.21

 

No significant results were encountered for GR09-15, GR09-16, GR09-17, GR-09-18, GR09-19, GR09-20, GR09-25, and GR09-31. 

The first phase drill program completed by SNS on the Emerald Lake property successfully provided the geological data and confirmed the presence of high-grade gold mineralization necessary to implement a second phase diamond drill program aimed at targeting mineralization along trend.  SNS will be completing a geological interpretation of current and historical results before planning the Phase 2 drill holes.  SNS will also be commencing the earlier announced surface program consisting of geological mapping, prospecting, and down-hole and surface geophysical surveys once the drill results have been compiled and interpreted. 

The technical information in this press release has been reviewed and approved by Joerg Kleinboeck, B.Sc., P.Geo., SNS’s Qualified Person as defined by National Instrument 43-101.

QA/QC Procedures

SNS Precious Metals Inc  has implemented a rigorous quality assurance / quality control (QA/QC) program to ensure best practices in sampling, analysis and preservation of the drill core. This will ensure timely, accurate and comprehensive analysis of all ongoing geological work at the project.

All drill core is logged, photographed, and cut on-site with a diamond saw. Half of the core was submitted for analysis to ALS Chemex as well as to SGS Canada Inc for check assays.  Both laboratories are ISO 9001:2000accredited laboratories with processing facilities located in Sudbury, Ontario. Lab protocols include fire assay for Au with an AA finish on a crushed and pulverized sub-sample. The MDL and upper detection limits (UDL) for Au are 5 - 1000 ppb under this protocol. Above the UDL a gravimetric method is used for determination on high concentrations. Where high gold values are suspected the samples are processed using a "Screen Fire Assay" procedure in order to ensure that there is no bias due to the presence of coarse gold. Under this procedure the entire sample is pulverized, and screened to 100 microns. The entire sample above 100 microns is fire assayed and two splits from the sample below 100 microns are also fire assayed and weight averaged to arrive at the final assay value.

Internal Lab Quality Control consists of a repeat of every tenth sample, and for every 20 samples run, a standard and a blank sample are analyzed. An additional quality control program has been implemented by the Company using certified control standards, and coarse field blanks that are randomly inserted into the sample stream. A program of analysis of duplicate samples has begun and is ongoing.

We Seek Safe Harbor

SNS Silver Corporation (TSX VENTURE: SNS) is an exploration mining company, whose assets include a number of near term production projects in geopolitically secure Idaho, USA. The 100% owned Crescent Mine consists of 24 patented mining claims over approximately 350 acres. UMG has agreed to expend a total amount of US$9,000,000 over 3 years toward the development and exploration of the Crescent Mine.  UMG is currently reactivating the Crescent Silver Mine and intends to commence production within 12 months, subject to permitting and associated mine engineering work.

This press release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

SNS Precious Metals

SNS Precious Metals David Greenway (604) 689-0896 or Toll Free: 1-800-663-4567

Email: dg@snspreciousmetals.com   Website: www.snspreciousmetals.com