Silverstone and Lundin Agree Extension to September 15, 2007

Silverstone Resources Corp. (TSX VENTURE: SST) ("Silverstone") wishes to announce that the silver purchase agreement for the acquisition of 100% of the life of mine silver production from Lundin Mining Corp.'s ("Lundin") Neves-Corvo and Aljustrel mines previously announced in the Company's news release dated June 6, 2007 has been extended to September 15th, 2007 by mutual agreement of the parties. Silverstone intends to file a NI 43-101 compliant technical report in connection with the silver acquisition on or before September 15, 2007.

ABOUT SILVERSTONE

Silverstone is a growth oriented silver mining company with 100% of its revenue from silver production. More information is available online at: www.silverstonecorp.com .

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Contacts: Silverstone Resources Corp. Chris Tomanik (604) 637-8151 (604) 688-2180 (FAX) Email: ctomanik@silverstonecorp.com Website: www.silverstonecorp.com