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Huldra Silver provides update on Concentrate Shipments and Mill operations

Vancouver, British Columbia – January 18, 2013 – Huldra Silver Inc. (TSX-V:HDA) (the “Company”) is pleased to announce that, since November, 2012 it has shipped a total of 227 dry metric tonnes of lead/silver concentrates and 149 dry metric tonnes of zinc concentrates to a smelter under the terms of previously announced concentrate purchase agreements. The Company has received provisional payments representing approximately 85% of the total receipts for the first 139.38 dry metric tonnes of lead/silver concentrates and 131.6 dry metric tonnes of zinc concentrates. Final receipts will be released once independent assays have been confirmed.

The Company continues to make adjustments to the mill equipment and processes to maximize metallurgical recovery and throughput. Due to an unusual amount of precipitation in November and December, additional temporary measures have been put in place to handle higher moisture content in the mill feed. A number of permanent adjustments to the operation are also being evaluated and implemented. There are still minor modifications and adjustments being made to the equipment and processing that require brief stoppages from time to time. The Company expects to be running at the nameplate 200 tonnes per day capacity in the near future.

On behalf of the Board of Directors of

HULDRA SILVER INC.

  “Ryan Sharp”      

Ryan Sharp, MBA

President, CEO & Director
Telephone: (604) 647-0142
Email: ryan@huldrasilver.com

For additional information contact:
IR@huldrasilver.com
www.huldrasilver.com