Southern Silver Exploration Corp.

Southern Silver Exploration Corp. has extended closing of the second and final tranche of its previously announced non-brokered private placement for total gross proceeds of up to $4,500,000 for a period of 30 days. The Company announced on July 23rd, 2024 that it had closed the first tranche of its previously reported non-brokered private placement by issuing 9,508,978 units at a price of $0.22 per unit for gross [...]

Southern Silver Exploration Corp. reports that it has filed on SEDAR its National Instrument 43-101 Technical Report titled Cerro Las Minitas, NI43-101 Technical Report, Preliminary Economic Assessment dated July 23, 2024 . The authors are Ausenco Engineering USA South Inc. and Ausenco Sustainability ULC. , Kirkham Geosystems Ltd. , Entech Mining Limited , and MPC Metallurgical Process Consultants Limited . The report can [...]

Southern Silver Exploration Corp. has closed the first tranche of its previously reported non-brokered private placement by issuing 9,508,978 units at a price of $0.22 per unit for gross proceeds of $2,091,975. At final closing, the Company plans to issue up to 20,454,546 units in the non-brokered private placement at a price of $0.22 per unit for gross proceeds of $4.5 million. Each unit will consist of one common share [...]

Southern Silver Exploration Corp. announces that due to increased interest, the previously announced $3,300,000 private placement has been increased to $4,500,000. The Company now plans to issue up to 20,454,546 units in the non-brokered private placement at a price of $0.22 per unit for gross proceeds of $4,500,000. Each unit will consist of one common share and one-half of one warrant. Each whole warrant entitles the [...]

Southern Silver Exploration Corp. announces that it has revised the terms of the previously announced non-brokered private placement . The Offering now consists of 15,000,000 units at $0.22 for gross proceeds of $3,300,000. Each unit will be comprised of one common share and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.30. The [...]

Southern Silver Exploration Corp. President Larry Page joined Steve Darling from Proactive to share results from its updated Preliminary Economic Assessment on its Cerro Las Minitas project. The study is based on an updated Mineral Resourse with Indicated - 13.3Mt averaging 102g/t Ag, 0.07g/t Au, 0.17% Cu 1.3% Pb, and 3.1% Zn totaling 43.4Moz Ag, 32Koz Au, 49Mlb Cu, 374Mlb Pb and 921Mlb Zn; and Inferred - 23.4Mt averaging [...]

Southern Silver Exploration Corp. announces that it proposes to undertake a non-brokered private placement consisting of 13,000,000 units at $0.27 for gross proceeds of $3,510,000. Each Unit will be comprised of one common share and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.40. The Company may pay finders' fees comprised of [...]

Southern Silver Exploration Corp. reports results from its Preliminary Economic Assessment on its 100% owned Cerro Las Minitas project . PEA Highlights : Robust Project Economics - Base Case1: after-tax NPV5% of $501M and IRR of 21.2% with a 48-month payback; Excellent Silver and Zinc Price Leverage - Base-case + 20% Metal Prices2: after-tax NPV5% of $876M and IRR of 30.1% with a 37-month payback; Base Case Metal Prices [...]

Southern Silver Exploration Corp. reports that it has verified enriched Rare Earth Elements in reconnaissance hole OR22-012, which was part of the Company's 2022 drilling program at its wholly owned Oro property, located in the Laramide-age, porphyry copper belt of southwestern New Mexico, USA. The Company has staked 62 new claims during 2023 to cover the western extension of the buried porphyry/CRD/Skarn system [...]

Southern Silver Exploration Corp. reports that at the Company's annual general meeting held on September 26, 2023, the shareholders resolved to: Elect incumbent directors: Lawrence Page, K.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Peter Cheesbrough, Gina Jones and Russell Ball. Reappoint Smythe LLP, Chartered Accountants as auditor of Southern Silver. Approve the Company's 2023 rolling incentive stock option [...]