Revett Reports Record Q3 Production 

SPOKANE VALLEY, WA - Revett Minerals Inc. reported third quarter 2011 production from its Troy Mine in northwestern Montana of 402,700 ounces of silver and over 3.28 million pounds of copper, a 45% increase in silver and 39% increase in copper over the same period last year and 18% increase in silver and 8% increase in copper from the second quarter of 2011.

John Shanahan, President and Chief Executive Officer, said, "We've seen significant improvements in mine throughput in the third quarter culminating in record tons milled and ounces of silver produced. We will continue to capitalize on our exploration and engineering efforts as we finalize our I Bed development plans for 2012 and detail our longer term exploration program in and around the Troy mine. We are extremely pleased with these results and thank the men and women of the Troy mine for their outstanding efforts."

Highlights:  Mill throughput of 4,370 tons per day and silver production at 402,700 ounces are the highest quarterly numbers since the mine reopened in late 2004.

 Net cash provided from operations before capital expenditures for the third quarter of 2011 totaledUS $8.4 million.Year todate net cash from operations now totals US $19.1 million,an increase of 150% over the same period in 2010. Cash costs per ounce of silver and per pound of copper improved significantly with the improved production levels.Cash costs for the third quarter of 2011, calculated on a net of by-product basis, were US $4.32 per ounce silver and US $0.69 per pound copper.

The company’s address is 11115 East Montgomery, Suite G, Spokane Valley, WA 99206, (509) 921-2294, fax: (509) 891-8901.