SSV Southern Silver Exploration Corp

Southern Silver Exploration Corp. ("Southern Silver") (TSX
VENTURE:SSV)(FRANKFURT:SEG) has received notice from Freeport-McMoRan
Exploration Corporation ("FMEC") that its affiliate has acquired an interest in
mineral rights ("El Sol Concession") within the area of interest under the
Earn-In Agreement between Southern Silver and FMEC and has offered to include
its interest in the El Sol Concession under the Earn-In Agreement. Southern
Silver has accepted the offer and FMEC's interest in the 63 hectare El Sol
Concession will be incorporated within the agreement, whereby FMEC holds an
option to 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. FMEC's interest in the El Sol Concession is
an option to acquire a 100% interest for cumulative payments of $2 million,
payable over a three year period. To the extent paid by FMEC, these will be
counted as a credit towards its earn-in of the Cerro Las Minitas project.


The El Sol Concession, pictorially described below, is situated contiguous to
the northwest boundary of the Cerro Las Minitas project and covers the
northwestern projection of the Blind Zone deposit where drilling by Southern
Silver identified multiple distinct mineralized structures with a 820 metre
cumulative strike-length, with depth projections of up to 300 metres below
surface. As previously reported by Southern Silver in news release NR-10-13
dated July 16, 2013, drilling under the direction of FMEC, tested both lateral
and vertical offsets to known mineralized zones at the South Skarn, Blind Zone
and El Sol targets as well as several geophysical and geochemical targets
throughout the Project and was successful in both confirming the distribution of
high-grade mineralization in the Blind zone and identifying significant
extensions of mineralization at each of El Sol and South Skarn targets.
Highlights from this earlier program included:




--  a 9.2 metre interval averaging 401g/t silver, 8.5% lead and 5.1% zinc
    (777g/t AgEq) from the top of drill hole 13 CLM-066; 
--  a 55.2 metre interval averaging 41g/t silver, 0.7% lead and 5.3% zinc
    (202g/t AgEq) intersected at over 500 metres below surface in hole 13
    CLM-066; and 
--  a 13.9 metre interval averaging 135g/t silver, 2.4% lead and 1.3% zinc
    (250g/t AgEq) including a 2.4 metre interval averaging 545g/t silver,
    10.3% lead and 3.8% zinc (942 g/t AgEq) intersected at 220 metres below
    surface in hole 13 CLM-068.



FMEC has advised that, according to Oremex Silver Inc., the optionor of the El
Sol Concession, the El Sol Concession is in the early stage of exploration with
no indicated resource in a highly prospective district, the high grade silver-
lead- zinc system in which it lies has showings that have had small production
in the past, and strong IP geophysics by Oremex demonstrate buried intrusive and
sulfide mineralization that indicate excellent drill targets.


I.P. results from the El Sol Concession will be incorporated into data
compilation and interpretation from the recently completed first exploration
program on the Cerro Las Minitas Project toward potential follow-up drilling in
one or more of the target areas.


To view the map accompanying this press release please click on the following
link: http://media3.marketwire.com/docs/SSV0923.pdf 


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 including Southern Silver's
silver-lead-zinc Cerro Las Minitas project located in Durango, Mexico.
Freeport-McMoRan Exploration Corporation currently holds an option to 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 and the Minas de Ameca
silver, lead-zinc project in Jalisco, Mexico.


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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


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

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