Silk Road Resources Announces Appointment of New Director and Provides Corporate Update



    TORONTO, Oct. 24 /CNW/ - Silk Road Resources Ltd. (TSXV: SIL) ("Silk
Road" or the "Company") is pleased to announce that Dr. Anthony Patriarco has
been appointed to the board of directors of the Company. Dr. Patriarco
indirectly currently holds approximately 18% of the common shares of Silk Road
and is a recently retired physician and Associate Professor of Physics at a
major US university. His professional degrees include an MD from Harvard
Medical, a PhD in Physics from Harvard and a PhD in Engineering from
Massachusetts Institute of Technology. Dr. Patriarco is an investor who with a
longstanding interest in the natural resource sector.
    To assist in dealing with current market conditions, the Company advises
that it has been and continues to undertake prudent fiscal steps to preserve
capital including reducing office space and minimizing non-essential
expenditures. Mr. Allen Palmiere, President and Chief Executive Officer of the
Company, has agreed to continue to forgo his salary as he has since March,
2009. Mr. David Bell, Chairman of the Company has also agreed to forgo his
salary effective immediately.

    Forward Looking Statements

    Certain information regarding the Company set forth in this press
release, including management's assessment of the Company's future plans and
operations contains forward looking statements that involve substantial known
and unknown risks and uncertainties. These forward looking statements are
subject to numerous risks and uncertainties, some of which are beyond the
Company's and management's control, including but not limited to, the impact
of general economic conditions, industry conditions, fluctuation of commodity
prices, fluctuation of foreign exchange rates, imperfection of reserve
estimates, environmental risks, industry competition, availability of
qualified personnel and management, stock market volatility, timely and cost
effective access to sufficient capital from internal and external sources. The
Company's actual results, performance or achievement could differ materially
from those expressed in or implied by, these forward looking statements and
accordingly, no assurance can be given that any of the events anticipated to
occur or transpire from the forward looking statements will provide any
benefits to the Company.

    
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.
    

    %SEDAR: 00012266E




For further information:

For further information: Silk Road Resources Ltd.: David R. Bell,
Chairman, Telephone and, or Allen J. Palmiere, President & CEO, Telephone:
(416) 363-6040

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SILK ROAD RESOURCES LTD.

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