Huldra Silver Ships 127 Tonnes of Lead/Silver Concentrates and 90 Tonnes of Zinc Concentrates in January and Achieves Signifi...

Huldra Silver Inc. (TSX VENTURE:HDA) (the "Company") is pleased to announce that
during January, 2013, an estimated total of 127 dry metric tonnes of lead/silver
concentrates and an estimated 90 dry metric tonnes of zinc concentrates have
been shipped 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 195 dry metric tonnes of
lead/silver concentrates and 147.3 dry metric tonnes of zinc concentrates
shipped to date. Concentrates continue to be shipped on a regular basis. The
Company will receive final receipts for November, 2012 and the first half of
December, 2012 during February, 2013 based upon current metal prices. Once
independent assays have been confirmed, the Company will begin publishing
trailing revenues. 


The Company continues to make adjustments to the mill equipment and processes to
maximize metallurgical recovery and throughput. Since the last update a number
of permanent adjustments to the operation have been implemented. The Company has
also made significant progress to deal with moisture in the mill feed. The
gravel screening plant has been moved from the aggregate pit and is now in place
sorting up to 150 tonnes per hour of raw mill feed into finer and coarser
material. The finer material is being directly fed into the mill via a secondary
hopper and the coarser material is being put through the regular crushing
circuit. With two sources of feed to the mill, the Company expects output will
be significantly increased over the coming weeks. There are still minor
modifications and adjustments being made to the equipment and processing that
require brief stoppages. However, the total utilization of the mill continues to
increase. The Company expects to announce commercial production in the first
quarter of 2013. 


On behalf of the Board of Directors of HULDRA SILVER INC.

Ryan Sharp, MBA, President, CEO & Director

Disclaimer for Forward-Looking Information

This press release contains projections and forward-looking information that
involve various risks and uncertainties related to the Company's expectation
that (i) the mill's output will be significantly increased over the coming
weeks, and (ii) the Company will announce commercial production in the first
quarter of 2013. 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 expected
significant increase in output and announcing commercial production in the first
quarter of 2013 include the risk that unforeseen factors may arise which delay
the Company's ability to achieve such increased capacity at its mill and to
accordingly announce commercial production; 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] (FAX)
[e-mail]


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