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United Silver Corporation Announces Termination of Concentrates Agreement

VANCOUVER, British Columbia--(BUSINESS WIRE)-- United Silver Corp. (“United Silver Corp.”, the “Company”, or “USC”: TSX; USC: OTC; USCZF: Frankfurt: UM8) announces that it has terminated its agreement with Formation Metals to sell silver concentrate. The execution of the sales agreement was announced by the Company on December 13, 2011.

ABOUT UNITED SILVER CORP.

USC is a vertically integrated mining company with operations in Idaho, USA. It has a majority interest in the Crescent Silver Mine project in Idaho's prolific Silver Belt - directly between two of the world's historically largest silver producing properties, the Sunshine and Bunker Hill mines. USC also offers a full suite of mining services including contract mining and mine machine repair and fabrication services to silver miners in the district. USC's common shares trade on the Toronto Stock Exchange under the symbol "USC". For more information about USC, please visit: www.unitedsilvercorp.com

ON BEHALF OF UNITED SILVER CORP.

"Graham Clark"
Chairman and CEO

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

United Silver Corp.
Investor Relations
Graham Clark, Chairman and CEO
Tel: 855-238-0202

Source: United Silver Corp.