TAIVÄLJÄRVI SILVER DEPOSIT CONTINUES AT LEAST TO THE DEPTH OF 1 000 METERS WITH LEAST TRIPPLE LENGHT

Sotkamo Silver has conducted two geophysical surveys at Taivaljärvi. One audiomagnetotelluric survey (AMT) and one electromagnetic survey (Gefinex 400S), the latter is also known as the Sampo-method. The aim of the measurements was to investigate the depth-continuation of the Taivaljärvi silver deposit and related conductive structures of the bedrock.

The surveys enchange Sotkamo Silver´s perception, that Taivaljärvi mineralisation extends to at least to 1 000 meters below surface. It has earlier been confirmed that it continues to 550 meters. The EM survey clearly shows that the anomalous region coincides with the geological structure. Results from these methods show that a strong electromagnetic anomaly is situated as a direct continuity of the Taivaljärvi deposit and extends to the depth of 1 000 meters. The Gefinex-survey also shows that the surveyed anomalous region lies between a 600 -1 000 meters level and the strike length of the anomalous area is at least 1 000 meters.

True nature and quality of this geophysical anomaly has to be verified by diamond core- drilling. This is planned for 2013.

For more detailed information see our web pages at: www.silver.fi

Image 1 below: Electromagnetic depth anomaly that extends from the known Taivaljärvi silver-deposit to the south-east.

(For image see attached file)

Image 2 below: The depth-extension of Taivaljärvi silver-deposit, according the conducted geophysical surveys.

(For image see attached file)

“Results of these studies confirm our understanding that the Taivaljärvi silver-deposit continues towards depth and strike, which clearly increases the potential of the mineralization and our expectations of the deposit.” Comments Timo Lindborg, CEO

The independent consultant Dr. Jyrki Parkkinen, Doctor in Geology, who holds a Qualified Person status under “The European Federation of Geologists” (EFG), has been involved in the preparation of this press release. Dr. Parkkinen is independent from the Company and he does not hold any shares in Sotkamo Silver.

Stockholm, 1st February 2012

Timo Lindborg, CEO

About Sotkamo Silver AB:

Sotkamo Silver AB´s business concept is to exploit mineral deposits in the Nordic countries with regards to human society and environment. Sotkamo Silver owns, through its subsidiary mineral deposits, which contains silver and gold in Finland. The Company’s main development project is the Taivaljärvi Silver Mine.

Sotkamo Silver applies SveMin’s & FinnMin’s respective rules of reporting for public mining & exploration companies. Sotkamo Silver has chosen to report mineral resources and ore reserves according to the internationally accepted JORC or NI 43-101-code. The company applies International Financial Reporting Standards (IFRS) as approved by the European Union.

The shares are traded at the Burgundy market place and NGM Equity in Stockholm. The ticker symbol is SOSI.

ISIN-code for Sotkamo Silver shares is SE0001057910.

Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi

For further information: Timo Lindborg, CEO, tel. +358 40 508 3 507 or +46-8-30 49 20.