Minco Silver Corporation announced that Mr. Peter Voulgaris has been appointed as Vice President of Corporate Development and Mrs. Ellen Wei, the company's interim CFO, has been promoted to Chief Financial Officer, of the Minco Group of Companies. Mr. Voulgaris possesses nearly two decades of international mining experience, including exploration, mine development, operations, and corporate development. He worked as a project geologist at Placer Dome in Australia for seven years after which he joined Newmont Mines Ltd. as senior mine geologist for three years.

During 2003-2010, Mr. Voulgaris served at Ivanhoe Mine Ltd, in a variety of senior management positions. Prior to joining the Minco Group of Companies, he worked as an independent consultant providing services in evaluations and financial analysis for mining projects to both private and publicly listed companies. Mrs. Ellen Wei has been with the Minco Group of Companies since 2005.

She worked at Zhonghua Accounting Firm for twelve years. Prior to joining the company, she worked at Ernst & Young LLP as an auditor in Hong Kong and Los Angeles for three years. Mrs. Wei was appointed as the CFO of Minco Mining (China) Co.

Ltd. in 2005 and was transferred to Minco's Vancouver office as controller of Minco Group in January 2009. The company also announced the appointment of Mr. Samson Siu as Controller of the Minco Group of Companies. Mr. Sui brings nearly a decade of experience in financial management and reporting to the company.

Prior to joining the company, Mr. Siu was an assurance manager at Manning Elliott LLP. Prior Mr. Siu worked at KPMG LLP.