Silver Quest Continues to Explore the White Gold District, Yukon

Silver Quest Resources (TSX VENTURE:SQI) ("Silver Quest" or "the Company") is
pleased to update shareholders on the 2011 exploration activities in the White
Gold District, Yukon. Exploration has been completed on 18 properties covering
more than 85,000 hectares (ha) with the majority of the exploration conducted on
the Boulevard Project, comprised of five separate properties, and the Prospector
Mountain Project. Reconnaissance-style exploration has been done on the
remaining 12 properties.


Boulevard Project

The Boulevard Project is located 135 kilometres (km) south of Dawson City and 35
km south of Kinross' Golden Saddle gold deposit. It adjoins the western border
of Kaminak's Coffee Gold Project. Boulevard is comprised of 1,020 contiguous
mineral claims covering approximately 20,400 ha. Silver Quest commenced
geochemical soil sampling at Boulevard in June, and to date has collected
approximately 5,000 soil samples. The Company has also completed detailed
geological mapping, surficial terrain mapping and airborne magnetic and
radiometric surveys on the Project. A planned 6,000 metre drill program is
currently underway, to test targets generated by this season's field work. All
soil samples have been analysed on-site using a portable X-Ray Fluorescence
device. All assays are pending.


Prospector Mountain Project

The Prospector Mountain Project is located 90 km northeast of Carmacks, and is
comprised of 271 contiguous mineral claims covering approximately 5,500 ha.
Silver Quest commenced rock sampling in early June, and has collected
approximately 800 samples. The Company has also completed detailed geological
mapping, and airborne magnetic and radiometric surveys. A diamond drilling
program of 1,588 metres (12 holes), was completed between mid-July and
mid-August. The drill program was designed to test targets generated from 2010
assay results, and from an evaluation of the 2011 airborne geophysical survey
data. All assays are pending.


Regional Exploration

The Company has collected approximately 3,750 geochemical soil samples from the
12 remaining White Gold District properties. Sampling programs were specifically
designed for each individual property area, based on the ground and permafrost
conditions which vary considerably throughout the region. This enabled crews to
collect the optimal sample medium, while using the most efficient sampling
technique, at each property. Airborne magnetic and radiometric surveying was
also performed at the Rude Creek, Poker and Henderson properties.


For further details on property locations, please visit the Company's website
www.silverquest.ca.


Sample analysis and assaying is being conducted by ALS Laboratory Group in
Vancouver, BC, which is an ISO/IEC 17025:2005-accredited laboratory. Samples are
analyzed using a 51-element combination ICP-MS and ICP-AES package and a 30 g
fire assay for gold. Samples returning greater than 1.0 g/t gold are re-analyzed
using a 30 g fire assay with gravimetric finish. The Company has implemented a
quality assurance and quality control program to ensure that the sampling and
analysis of all samples is conducted in accordance with best practices.


David Pawliuk, P.Geo., Vice-President Exploration for Silver Quest is the
Qualified Person, as defined by National Instrument 43-101, for the White Gold
District Projects and supervised the preparation of the technical information in
this release.


SILVER QUEST RESOURCES LTD.

Randy Turner, President