Southern Silver Exploration Corp.

Southern Silver Exploration Corp. reported today further assay results from its 10,000 metre 2020-21 core drilling program nearing completion on the Cerro Las Minitas project, Durango State, Mexico. Results include strongly silver-enriched semi-massive to massive sulphide mineralization in the South Skarn target in two diamond drill holes which returned: a 15.6m down hole interval averaging 172g/t Ag, 3.8% Pb and 3.7% Zn [...]

Southern Silver Exploration Corp. reported today initial assay results from its 10,000 metre 2020-21 core drilling program on the Cerro Las Minitas project, Durango State, Mexico which included intervals of strongly silver-enriched semi-massive to massive sulphide mineralization in drill hole 20CLM-119. Assay highlights include: a 9.0m down hole interval averaging 625g/t Ag, 11.8% Pb and 7.5% Zn including a higher grade [...]

Southern Silver Exploration Corp. reported today that crews have mobilized in preparation for the start of the 2020-21 drill campaign on the Cerro Las Minitas Project , Durango, Mexico. Commencement of exploration follows the closing of the transaction with Electrum Global Holdings L.P. to acquire Electrum's 60% indirect working interest in the CLM Project and the closing of previously announced private placements with [...]

Southern Silver Exploration Corp. reported that it has closed the transaction with Electrum Global Holdings L.P. to acquire Electrum's 60% indirect working interest in the Cerro Las Minitas project located in Durango. As consideration for the acquisition, Southern Silver must pay Electrum an aggregate US$15 million in a combination of cash and common shares, of which US$5 million and 2,336,590 common shares have now been [...]

Southern Silver Exploration Corp. reports that it has closed the recently announced non-brokered private placement for 1,200,000 units at a price of $0.38 per Unit for gross proceeds of $456,000. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.50 per share. The common shares [...]

Southern Silver Exploration Corp. reported that the following directors were re-elected at its annual general meeting held on September 4, 2020: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough, Gina Jones and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver's [...]

Southern Silver Exploration Corp. plans to issue up to 1,200,000 units in a non- brokered private placement at a price of $0.38 per Unit to raise $456,000. Each Unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.50 per share. Net proceeds from the private placement will be used [...]

Southern Silver Exploration Corp. reports that, in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest in the Company's flagship Cerro Las Minitas project, it has closed the C$10 Million brokered offering of subscription receipts and has issued a total of 50,000,000 Brokered Subscription Receipts at a price of C$0.20 per Brokered Subscription Receipt for gross [...]

Southern Silver Exploration Corp. reports that the previously announced brokered offering of subscription receipts to be issued at the price of C$0.20 per Subscription Receipt, has been fully subscribed for aggregate gross proceeds of C$10,000,000 and it is anticipated to close on or about July 31, 2020. In conjunction with a previously announced Transaction to acquire an additional 60% indirect working interest in the [...]

Southern Silver Exploration Corp. announces that in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest in the Company's flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company in a fully marketed private placement at a price of C$0.20 for gross proceeds of a minimum of C$7,000,000 . Southern Silver has [...]