The Crescent Mine

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The Crescent Mine

• Coeur dAlene Mining DistrictKellogg, Idaho
• May 1, 2007

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DISCLAIMER All resource estimates quoted herein
are based on data and reports obtained and
prepared by previous operators, and the
historical estimates should not be relied upon.
The Company has not completed the work necessary
to independently verify the classification of the
mineral resource estimates. All mineral resource
estimates quoted have not been verified by a
qualified person defined under National
Instrument 43-101. The TSX Venture Exchange has
not reviewed and does not accept the
responsibility for the adequacy or accuracy of
this news release. Contact David Greenway, SNS
Silver Corp. Vice President Corporate
Development / Director [phone] or
1-800-663-4567 Email Website
dg_at_snssilver.com
www.snssilver.com
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SNS Silver - Capital Structure
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SNS Silver Chart
Source BigCharts
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Coeur dAlene Mining DistrictThe Silver Valley

• The Coeur dAlene district (The Silver Valley)
• Over 1.1 Billion ounces of silver produced over
  the past 100 years
• Historically, the most prolific silver producing
  region in North America

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Crescent Mine - History

• Located in the heart of the Coeur dAlene Mining
  District
• The Crescent Mine borders the Sunshine Mine (to
  the East) and the Bunker Hill Mine (to the West)
• The Sunshine Mine and the Bunker Hill Mine have
  produced nearly half of all silver mined in the
  district over the last 100 years
• Sunshine Mine 369 million ounces
• Bunker Hill Mine 190 million ounces
• The Crescent Mine is 100 owned by SNS Silver
  (SNS)

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Crescent Mine - Historical Resource
Note Estimates below are NOT NI 43-101 Compliant
Proven Probable Possible Reserves

• A 1985 report identified a total resource of
  396,500 tons of ore containing over 9 million
  ounces of silver
• Yet, less than 5 of known mineralized structures
  have been significantly explored or mined in the
  Crescent
• The greatest potential for new silver exists at
  relatively shallow depths up to the Hooper Tunnel
  adit (the main access tunnel) level and above
• A second well-mineralized silver structure in the
  hanging wall of historic production remains
  largely unexplored

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Silver Valley Grade Comparisons

• Sunshine Mine
• Produced 369 million ounces
• Average grade 18 ounces / ton
• Bunker Hill Mine
• Produced 160 million ounces
• Average grade 8 ounces / ton
• Crescent Mine
• Produced 26 million ounces
• Average grade 27.3 ounces / ton

The Crescent Mine has yielded the highest silver
grade in the entire Silver Valley and has yet to
be properly explored.
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Crescent Mine Historical Exploration

• In 1951 the Bunker Hill Mining Company took over
  ownership of the Crescent Mine and began
  exploration and development into the deeper
  quartzite strata, well known to host lead-zinc
  ore at the Bunker Hill Mine
• However, Silver Valley mines actually have a
  distinctly different geology and their veins a
  different lithologic favorability
• Bunker Hill went out of business due to low
  silver prices long before it was able to identify
  and explore the true ore potential the Crescent
  (and realize its impressive similarities to its
  Sunshine Mine neighbour)

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Crescent Mine - Exploration Potential

• SNS staff geologist Brian White has studied
  lithologic affinities of ore throughout the
  district over 30 years. He concludes that Silver
  Belt veinssuch as those at the adjacent Sunshine
  Minedeveloped their best ore in the very strata
  that have been least explored at the Crescent
  Mine.

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Crescent Mine - Surface Infrastructure

• Acquisition of Crescent Mine included 6 buildings
  and an inventory of equipment including an
  Ingersoll Rand compressor.
• Complete refurbishment of the 6 buildings on the
  site to be used for offices, core logging, dry,
  lamp room, machine shop, and warehouse, began on
  January 15, 2007
• Completion Expected mid August, 2007
• Rehabilitation of the compressor is currently
  underway (completion in 3-4 months)
• Rehabilitation of the Hooper Tunnel will include
  upgrading electricity and ventilation.

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The Crescent Mine - Relationship to Sunshine Mine

• This longitudinal projection shows that most
  mining at depth took place immediately above
  quartzite strata but died out both upward and
  downward from 3100 level. Current reserves
  primarily lie deep within the quartzite.
  However, an extensive vertical interval between
  1200 foot and 2500 foot levels was never
  explored because the Bunker Hill Mine geologists
  who guided the development and exploration
  believedapparently mistakenlythat the ore here,
  just as at the Bunker Hill Mine, would be favored
  by quartzite.
• Brian White, Crescent Mine Staff Geologist,
  January 2007

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The Crescent Mine - Relationship to Sunshine Mine

• Furthermore, despite the appearance of
  considerable exploration and some mining above
  1200 level, an additional interval extending up
  to and above the Hooper Tunnel (main access and
  haulage) level is believed to have been
  inadequately explored.
• Brian White, March, 2007

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The Crescent Mine - Relationship to Sunshine Mine
This slide is a cross-section of the Crescent
Mine, looking west. Shown are the Hooper Tunnel.
The Crescent Shaft, and the Alhambra Veins.
Green represents the strata which have been
found to be the most productive throughout the
Silver Belt. Shown as orange dashed lines are
various diamond drill hole scenarios for
exploring both veins within the favorable strata.
Note that initial drilling for the South Vein
could take place from the Hooper Tunnel level
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The Crescent Mine - Relationship to Sunshine Mine
The Sunshine Vein of the Sunshine Mine is
representative of Silver Belt veins. Here, the
green represents actual mining. This 100 million
ounce ore body lay 5000 feet east of the historic
Crescent production and the current Crescent
exploration targets. The Sunshine Vein was most
productive in siltite strata that overlay the
deeper quartzite, seen at the bottom of mining.
The vein was poorly productive in argillite
strata, mostly lying between or above the red
lines shown here. But the ore ultimately died out
downward in the quartzite.
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The Crescent Mine - Relationship to Sunshine Mine
Exploration Potential Two other 100 million
ounce Silver Valley veins and nearly all other
production from the Silver Valley have been
hosted by these same siltite strata lying upward
from the deeper quartzite. These siltite strata
are the major unexplored targets of the Crescent
Mine.
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The Crescent Mine - Relationship to Sunshine Mine
This is a longitudinal projection of the South
Vein, showing where various strata intersect the
vein.  They include the quartzite at depth, which
were locally productive the historically most
productive strata, the poorly productive strata
where ore bodies died out upward and the
projected favourable strata.  Note that
favourable strata extend about 500 feet above the
Hooper Tunnel level, making South Vein oreif it
exists at these elevationsmuch more accessible
than the known reserves that exist deep in the
mine.
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Overview of Projects

• Project 1 Upper Country Surface Drilling
• Program 35,000 to 45,000 feet of drilling
• Start date June 1, 2007
• Completion date End of December, 2007
• Potential for early production from Big Creek 2
  (early 2008)
• Project 2 Restoration of Hooper Tunnel
• Program Excavation and restoration of Hooper
  Tunnel Adit
• Start date April 1, 2007
• Completion date 3 to 6 months
• Project 3 Underground Drilling
• Program 100,000 feet of drilling
• Start date Expected mid-summer 2007
• Completion date Expected mid-summer 2009

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Overview of Projects (contd)

• Project 4 Drifting and Cross-cutting
• Program 5,000 feet of drifting and
  cross-cutting needed to create additional targets
  for underground drilling
• Start date Expected fall 2007
• Completion date Expected summer 2008

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Project 1 Upper Country Surface Drilling

• Total Cost 1.4 mln
• 2007 Program
• Prior to drilling, the surface is being re-mapped
  with emphasis on new veins and anomalies
• Expected to begin June 1, 2007
• Between 35,000 and 45,000 feet of surface
  drilling with 2 drills
• Drilling to intercept both Alhambra and South
  Veins above the Hooper Tunnel level
• 2008 Program
• Substantially complete

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Project 2 Restoration of Hooper Tunnel

• Total Cost 1.0 mln
• 2007 Program
• Atlas-Fausett Contracting on-site and underway
  (April 2007)
• Restoration program expected to complete 4,000
  feet in 3 to 6 months
• 2008 Program
• Substantially complete

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Project 3 Underground Drilling

• Total Cost 3.0 mln
• 2007 Program
• Expected to begin mid-summer 2007 following the
  pace of Project 2
• Approximately 10,000 feet of drilling to begin in
  2007
• 2008 Program
• Approximately 90,000 feet of underground drilling
  (500 foot spacing)
• South Vein exploration from Hooper Tunnel
• Alhambra Vein exploration after cross-cutting to
  the South Vein

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Project 4 Drifting and Cross-Cutting

• Total Cost 4.0 mln
• 2007 Program
• Expected to begin mid-fall upon completion of
  Project 2
• 1,000 feet of drifting along Alhambra vein
• Extending Hooper Tunnel to create drill spots in
  the western extent of the South Vein
• 2008 Program
• 4,000 feet of drifting and cross-cutting
• Cross-cut to the South Vein and drift both east
  and west to drill locations
• Expected to be completed mid-summer 2008

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Alhambra Vein Drill Targets
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South Vein Drill Targets
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Management
Neil Linder, President, CEO and Director

• Neil Linder began his career with a boutique VC
  firm in Vancouver, BC. which was one of the first
  firms to invest in early stage junior industrial
  companies and subsequently take them public.
  Neil quickly progressed, to building his own VC,
  Strategic Equity Corp. Among his successes were
  Blue Mountain Vineyards and Cellars, Insulpro
  Industries, Healthcare Capital, International
  Hard Suits, as well as two tax driven VCC funds.
  Neil has combined his strategic guidance with
  fund raising to his client companies allowing
  them to grow organically and by strategic
  acquisition. Neil has raised over 100 million
  for client companies throughout his career.

David Greenway, VP Corporate Development /
Director
David Greenway joined SNS Silver in early 2006.
His extensive knowledge in the market area and
his valuable contacts make Mr. Greenway a top
addition to the SNS team. Daves contacts and
hard focused work was invaluable in the
acquisition of The Crescent Mine in The Silver
Valley in Coeur dAlene, Idaho, as was his
extensive consulting experience in services for
mergers, acquisitions, divestitures, business
valuations and fairness opinions. During Daves
consulting career he has been responsible for
raising over 50 Million in venture capital.
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Management
Ron Ho, Chief Financial Officer
Ron Ho was appointed Chief Financial Officer in
January, 2007.  Most recently, Mr. Ho was an
Equity Analyst at Raymond James Ltd. where he was
responsible for sector institutional research. 
Prior to that, Mr. Ho worked for Deloitte
Touche, focusing on public company financial
reporting in both the U.S. and Canada .  Mr. Ho
is a Chartered Accountant and holds a Bachelor of
Commerce from the University of British Columbia
. 
Thomas F. Fudge Jr., B.Sc., Director
Thomas F. Fudge Jr. is a licensed professional
mining engineer with 30 years of experience. He
possesses expert knowledge in rock mechanics,
mine ventilation, project management,
organizational development and mine management.
His extensive experience in the Coeur d'Alene
Mining district includes three years at the
Sunshine Mine, located immediately to the east of
the Crescent Mine, which shares much of the same
geology. He is the current President and COO of
Concentric Energy Corporation, a U.S. Uranium
company and for 12 years, he was the VP of
Operations at Hecla Mining Company and President
of Hecla's Venezuelan subsidiaries.
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Management
Brian White, Senior Geologist for the Crescent
Mine
Brian White has been involved in applied
exploration and rock mechanics research in the
Coeur d'Alene Mining District for 30 years.
During this time he has worked for all of the
major mining companies in the district, the US
Bureau of Mines, and the National Institute for
Occupational Health and Safety, in nearly all
active mines. He substantially reinterpreted the
major tectonism of the Coeur d'Alene district and
surrounding region and also identified and
defined the Noxon line, a northerly trending
structural lineament that is inferred to have
localized Sullivan lead-zinc- and Revett Copper
Belt-type deposits that were later mobilized into
Coeur d'Alene veins, thereby accounting for the
unusual abundance of lead, zinc, and, especially,
silver in the district. He pioneered lithologic
control of ore as an effective tool for
exploration and perfected various field-useable
techniques for effective exploration.
Jesse Bird, Geologist
Jesse Bird was hired by SNS in May, 2007. Since
2003, Mr. Bird worked as a Geological
Cartographer and GIS Assistant at the Idaho
Geological Survey, bringing Belt Supergroup field
mapping experience. He has a Bachelor of Science
(Geology) from the University of Idaho.
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Management
Ishuing Wu, PhD, MA, Harvard, Director
Dr. Wu has 30 years of experience specializing in
the formation of high-grade silver occurrences in
the significant ore types that have yielded the
vast majority of silver production in The Silver
Valley/Coeur d'Alene Idaho. Dr. Wu is an expert
in mineral exploration management and field
research. He has written or co-written twelve
published studies and articles on the subject. He
was previously the U.S. exploration manager
for Chevron Resources, and has also worked
with Exxon Minerals, Kennecott Exploration, Great
Wall Gold Corporation and General Minerals Corp.
He is also personally responsible for discovering
several major precious metal mines.
Michael Kuta, Director
Michael Kuta is a member of the British Columbia
and Canadian Bar Associations, with more than 20
years experience in corporate commercial,
securities and taxation law. Mr. Kuta is
Corporate Secretary for Amerigo Resources,
General Counsel and Corporate Secretary for Spur
Ventures Inc., a company listed on the TSX, and
for Ospraie Gold Ltd., a private gold investment
company, and is a director of Nikos Explorations
Ltd., a company listed on the TSX Venture
Exchange.
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Contact
David Greenway Vice President Corporate
Development Director Tel [phone]
Toll-free [phone] Email
dg_at_snssilver.com Website www.snssilver.com