Oro Silver Intersects 9.88 g/t Gold and 109.2 g/t Silver Over 4 Metres Extending High Grade El Compas Vein to the South

Oro Silver Resources Ltd. ("Oro Silver or the "Company") (TSX VENTURE:OSR) has
received more positive assay results for five drill holes recently completed on
the El Compas vein target on its El Compas property near the city of Zacatecas,
Mexico. Four of the drill holes tested the potential to expand near surface
high-grade gold and silver mineralization in the north and central-south
portions of the El Compas resource area, while the fifth hole tested the
potential to expand known mineralization at depth. Highlights from these holes
include:




--  3.02 g/t gold and 42.1 g/t silver over 17.0 metres, including 9.88 g/t
    gold and 109.2 g/t silver over 4.0 metres, in drill hole 09COM052,
    located approximately 30 metres below and to the south of the El Compas
    underground workings. 



Darren Bahrey, President of Oro Silver remarked, "Hole 09COM052 confirms near
surface mineralization to the south of the El Compas mine workings. The higher
grades are very encouraging and will have a positive impact on future resource
estimates, especially in terms of near surface resource potential. This hole
appears to have pierced the El Compas vein where it intersects another northwest
striking structure resulting in a wider vein zone and higher grades suggesting
the potential for discovering additional high-grade mineralization further to
the south."


Select assay results of the recently drilled holes at the El Compas vein target
are summarized as follows (for hole locations see the longitudinal and plan maps
attached):




--------------------------------------------------------------------------
Drill Hole    From (m)  To (m)  Core Length(i)(m)  Gold (g/t)  Silver (g/t)
--------------------------------------------------------------------------
09COM049         42.0    45.0                3.0        0.64           1.7
--------------------------------------------------------------------------
                 48.3    54.2                5.9        1.30          23.0
--------------------------------------------------------------------------
 includes        51.0    53.8                2.8        2.41          33.5
--------------------------------------------------------------------------
09COM050         50.4    50.8                0.4        7.37          80.1
--------------------------------------------------------------------------
                 62.0    65.7                3.7        0.39           7.7
--------------------------------------------------------------------------
09COM051        130.3   142.8               12.5        0.50          50.9
--------------------------------------------------------------------------
 includes       140.0   142.8                2.8        0.68          87.7
--------------------------------------------------------------------------
                154.5   156.0                1.5        0.37          68.3
--------------------------------------------------------------------------
09COM052         85.0   102.0               17.0        3.02          42.1
--------------------------------------------------------------------------
 includes        85.0    88.6                3.6        1.69          25.9
--------------------------------------------------------------------------
 includes        98.0   102.0                4.0        9.88         109.2
--------------------------------------------------------------------------
 includes        98.0   100.9                2.9       13.11         132.5
--------------------------------------------------------------------------
09COM053         34.8    37.0                2.2        2.38          17.9
--------------------------------------------------------------------------

(i) The core length represents downhole length and is not true width. True
    width estimated at 80-90% of core length.



Oro Silver's ongoing drill program at El Compas is testing additional targets
identified during the 2009 drill program and will incorporate the knowledge
gained from the targeting studies which are ongoing.

These targeting studies being completed at El Compas to aid in prioritizing vein
targets to be drill-tested include:




--  Induced polarization and magnetic surveys over the El Compas mine and
    other known vein targets to determine if a geophysical signature of the
    defined high-grade vein zones occur; 
--  Surface and underground structural mapping; 
--  Clay sample spectral analysis and satellite ASTER image interpretation
    to confirm the presence of buddingtonite - a mineral known to be
    associated with silver and gold mineralization in the Zacatecas silver
    belt. 



These studies are helping to identify further targets for deeper high-grade
silver and gold feeder structures in the El Compas district (initial targets to
be tested in February 2010). In addition, the potential for deep high-grade
silver is based on the results of recent surface exploration work and an older
drill program conducted by Hochschild that intersected a quartz vein grading 703
g/t silver and 4.1 g/t gold over 0.9 metres at a vertical depth of 425 metres.
This intersection is located approximately one kilometre southeast of the El
Compas mine entrance. Preliminary geophysical results suggest potential
structures at depth with a similar geological model that may host high-grade
silver mineralization similar to those found elsewhere in the Zacatecas silver
belt.


Quality Control

Oro Silver maintains a strict quality control program. All sample results
generated by Oro Silver were submitted directly to Inspectorate Assay
Laboratory, for preparation in Durango, Mexico, and analysis in Reno, Nevada.
All samples submitted for analysis were of half-sawn core. Analysis was
conducted on 2 assay ton samples for gold and silver, with standards and blanks
inserted every 30 samples. Analysis of gold was by fire assay, with a
gravimetric finish on samples exceeding 3 g/t gold. Analysis of silver was by
4-acid digestion with an ICP finish, and with a gravimetric finish on samples
exceeding 100 g/t silver. Mr. Thomas Bagan, P. Eng is a qualified person as
defined by National Instrument 43-101 and has reviewed the content of this press
release.


About Oro Silver

Oro Silver is a silver exploration company pursuing early and advanced stage
silver-based opportunities in Mexico. Oro Silver's mandate is to develop
properties toward silver production through a strategic business arrangement and
development plan focused on advanced-stage projects with known silver resources
that exhibit potential for expansion. The El Compas mine continues to be the
cornerstone for Oro Silver's growth strategy in the Zacatecas silver district.


ON BEHALF OF THE BOARD OF DIRECTORS,

Tom Bagan, P.Eng., Chief Operating Officer

Some statements in this release may contain forward-looking information. These
statements include, but are not limited to, statements with respect to future
exploration, resource estimation, development and production activities and
future expenditures. These statements address future events and conditions and,
as such, involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the statements. Such factors include, among others, the time and
success of future exploration, development and production activities and the
timing and amount of expenditures.


To view the Maps associated with this press release, please click on the
following link: http://media3.marketwire.com/docs/1oro26.pdf