Huldra Silver Provides Update on Concentrate Shipments and Mill Operations

Huldra Silver Inc. (TSX VENTURE:HDA) (the "Company") is pleased to announce
that, since November, 2012 it has shipped a total of 227 dry metric tonnes of
lead/silver concentrates and 149 dry metric tonnes of zinc concentrates to a
smelter under the terms of previously announced concentrate purchase agreements.
The Company has received provisional payments representing approximately 85% of
the total receipts for the first 139.38 dry metric tonnes of lead/silver
concentrates and 131.6 dry metric tonnes of zinc concentrates. Final receipts
will be released once independent assays have been confirmed. 


The Company continues to make adjustments to the mill equipment and processes to
maximize metallurgical recovery and throughput. Due to an unusual amount of
precipitation in November and December, additional temporary measures have been
put in place to handle higher moisture content in the mill feed. A number of
permanent adjustments to the operation are also being evaluated and implemented.
There are still minor modifications and adjustments being made to the equipment
and processing that require brief stoppages from time to time. The Company
expects to be running at the nameplate 200 tonnes per day capacity in the near
future.  


On behalf of the Board of Directors of

HULDRA SILVER INC.

Ryan Sharp, MBA, President, CEO & Director 

This press release contains projections and forward-looking information that
involve various risks and uncertainties related to the Company's expected timing
to achieve the nameplate 200 tonnes per day capacity at its mill. Such
forward-looking information involves a number of risks and uncertainties and is
not a guarantee of future performance of the Company. Risks and uncertainties
that could prevent the Company from achieving its nameplate 200 tonnes per day
capacity at the mill include the risk that factors may arise which delay the
Company's ability to achieve such capacity at its mill in the near future; risks
related to the supply and quality of the feed for the mill; risks related to a
decrease in the demand for lead, silver or zinc concentrates; risks related to a
decrease in mineral prices or to the mineral resource industry generally;
general risks related to the exploration of mineral properties; and other
factors beyond the Company's control. These risks and uncertainties could cause
actual results and the Company's plans and objectives to differ materially from
those expressed in the forward-looking information. The Company can offer no
assurance that its plans will be completed in the time expected or at all. These
and all subsequent written and oral forward-looking information are based on
estimates and opinions of management on the dates they are made and expressly
qualified in their entirety by this notice. Except as required by law, the
Company assumes no obligation to update forward-looking information should
circumstances or management's estimates or opinions change. Additional
information about assumptions, risks and uncertainties are set out in the
section entitled "Risk Factors" in the Company's MD&A filed on SEDAR at
www.sedar.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Huldra Silver Inc.
Ryan Sharp, MBA
President, CEO & Director
[phone]
[phone] (FAX)
[e-mail]


Huldra Silver Inc.
[e-mail]
www.huldrasilver.com