Southern Silver Exploration Corp. ("Southern Silver") (TSX
VENTURE:SSV)(FRANKFURT:SEG) reports today that equipment has mobilized and
drilling has commenced on the Cerro Las Minitas project located in Durango,
Mexico.


The drill program, to be carried out by Freeport-McMoRan Exploration Corporation
("FMEC") which is operator of the project, will utilize two drill rigs to
advance the project quickly through this initial discovery and evaluation stage.


Current plans are for a 3000 to 5000 metres core hole program that will test
deeper offsets of known mineralized zones at the South Skarn, Blind Zone and
Santo Nino targets and several geophysical and geochemical targets identified in
recent surface exploration by FMEC. The current drill program is targeting a
deep seated porphyry/skarn mineral system similar to the historic San Martin
deposit (60Mt of 118g/t silver, 0.9% copper and 3.9% zinc) located about 100
kilometres to the south of the Cerro Las Minitas project. See news release
NR-07-13, April 2, 2013 for further details of exploration to date and the
proposed drilling program.


About Southern Silver Exploration Corp.

Southern Silver Exploration Corp. is a precious and base metal exploration and
development company and a member of the Manex Resource Group; a private company
comprised of an exceptional multi-disciplinary team of professionals with
specific expertise in all areas of exploration, development, corporate finance
and public company administration.


The company's growth strategy is to acquire, explore and develop either directly
or through joint venture relationships high-quality mineral properties in
progressive jurisdictions within North America.


Southern Silver's silver-lead-zinc Cerro Las Minitas project located in Durango,
Mexico is currently under option to Freeport-McMoRan Exploration Corporation
which can earn a 70% indirect interest in the project by making staged purchase
payments and funding exploration and development expenditures of $25 million on
the project over a ten year period. Desert Star Resources Ltd. has the option to
earn up to a 70% interest in the gold-silver-copper Oro project in New Mexico by
making cash payments to underlying optionors, issuing one million shares,
completing a preliminary economic assessment and incurring exploration
expenditures of $6 million on the property over a period of 66 months. Southern
Silver is currently advancing the porphyry copper-molybdenum Dragoon project in
Arizona.


Robert Macdonald (P.Geo) is a Qualified Person as defined by National Instrument
43-101 and has reviewed and approved the technical contents of this release. 


On behalf of the Board of Directors

Lawrence Page, Q.C., President & Director, Southern Silver Exploration Corp.

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for the
company's projects, and the availability of financing for the company's
development projects on reasonable terms. Factors that could cause actual
results to differ materially from those in forward looking statements include
market prices, exploitation and exploration successes, the timing and receipt of
government and regulatory approvals, and continued availability of capital and
financing and general economic, market or business conditions. Southern Silver
Exploration Corp. does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise, except to the extent required by applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Southern Silver Exploration Corp.
Liana Shahinian
1.888.456.1112
liana@mnxltd.com
www.southernsilverexploration.com

Southern Silver Explorat... (TSXV:SSV)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Southern Silver Explorat... Charts.
Southern Silver Explorat... (TSXV:SSV)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Southern Silver Explorat... Charts.