Southern Silver Continues to Identify High-grade Mineralization in the South Skarn Target at Cerro Las Minitas with a 10.4 metre intercept averaging 172g/t Ag, 3.8% Pb and 3.7% Zn (520g/t AgEq; 10.7% ZnEq)
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") 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 (10.4m est....
2020-12-10 9:30 AM EST
Southern Silver Confirms High-Grade Mineralization in the South Skarn Target at Cerro Las Minitas with a 6.7 Metre Intercept Averaging 625g/t Ag, 11.8% Pb and 7.5% Zn (1,454g/t AgEq; 30.0% ZnEq)
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (Santiago: SSVCL) ("Southern Silver") 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 (6.7m...
2020-11-12 9:30 AM EST
Southern Silver Targets Resource Expansion as Drill Crews Mobilize to the Cerro Las Minitas Ag-Pb-Zn Project
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") reported today that crews have mobilized in preparation for the start of the 2020-21 drill campaign on the Cerro Las Minitas Project ("CLM Project"), Durango, Mexico. Commencement of exploration follows the closing of the transaction with Electrum Global Holdings L.P. ("Electrum") to acquire Electrum's 60% indirect working interest in the CLM...
2020-09-24 9:30 AM EDT
Southern Silver Closes Transaction to Acquire 100% Interest in the Cerro Las Minitas Silver Project; Closes Three Private Placements for Proceeds of $14.456 Million
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") reported that it has closed the transaction with Electrum Global Holdings L.P. ("Electrum") to acquire Electrum's 60% indirect working interest (for a total 100% interest) in the Cerro Las Minitas project (the "CLM Project") located in Durango, Mexico (the "Transaction"). As consideration for the acquisition, Southern Silver must pay Electrum...
2020-09-16 9:30 AM EDT
Southern Silver Closes Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") reports that it has closed the recently announced non-brokered private placement for 1,200,000 units ("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...
2020-09-14 1:52 PM EDT
Southern Silver Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (Santiago: SSVCL) ("Southern Silver" or the "Company") 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...
2020-09-09 4:34 PM EDT
Southern Silver Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (SSE: SSVCL) ("Southern Silver") plans to issue up to 1,200,000 units ("Units" or "Offering") 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...
2020-08-28 5:02 PM EDT
Southern Silver Closes Both C$10 Million Brokered and C$4 Million Non-Brokered Private Placements
Vancouver, British Columbia--(Newsfile Corp. - August 17, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") reports that, in conjunction with the previously announced Transaction (as defined below) to acquire an additional 60% indirect working interest (for a 100% indirect ownership interest) in the Company's flagship Cerro Las Minitas project, it has closed the C$10 Million brokered offering of subscription receipts (the "Brokered Subscription...
2020-08-17 11:00 AM EDT
Southern Silver Reports on Equity Raise and Announces Additional C$4 Million Equity Raise
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) - Southern Silver Exploration Corp. ("Southern Silver" or the "Company") reports that the previously announced brokered offering of subscription receipts (the "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 (as...
2020-07-28 11:16 AM EDT
Southern Silver Announces C$7 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (SSE: SSVCL) ("Southern Silver" or the "Company") announces that in conjunction with the previously announced Transaction (as defined below) to acquire an additional 60% indirect working interest (for a 100% indirect ownership) in the Company's flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company...
2020-06-22 10:00 AM EDT
Southern Silver Announces Transformative Transaction to Acquire 100% of its Flagship Cerro Las Minitas Silver Project
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (SSE: SSVCL) (the "Company" or "Southern Silver") reported today that the Company has executed an agreement (the "Agreement") with Electrum Global Holdings L. P. ("Electrum") to purchase Electrum's 60% indirect working interest in the Cerro Las Minitas Project (the "CLM Project") in Durango, Mexico for payment of US$15 million, payable in cash and Southern...
2020-06-22 9:30 AM EDT
Southern Silver Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") announces that the TSX Venture Exchange has approved the extension of the expiry date of certain of the Company's outstanding common share purchase warrants (the "Warrants") for an additional two years. The new expiry date of these Warrants will be June 13, 2022, August 31, 2022 and September 29, 2022. Each warrant is exercisable to purchase one...
2020-05-26 7:01 PM EDT
Southern Silver Announces Acquisition of El Sol Claim; Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") has entered into an agreement with Monarca Minerals Inc. to purchase the El Sol mineral claim in Durango, Mexico. The claim is situated contiguous with Southern Silver's Cerro Las Minitas mineral property, operated as a joint venture between Southern Silver and Electrum Global Holdings LP. The purchase is solely for the account of Southern Silver...
2020-04-03 9:30 AM EDT
Southern Silver Retains Red Cloud Financial Services Inc. as Capital Markets Advisor
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company") reports that it has retained Red Cloud Financial Services Inc. ("Red Cloud") to provide the Company with capital markets advisory services for a monthly fee and a transaction fee. Red Cloud is a "new concept" capital markets advisory firm dedicated to the mining sector. It uses its global network of capital markets specialists and extensive experience in the many...
2020-01-30 11:37 AM EST
Southern Silver Increases Value of Concentrates in Locked-cycle Test work
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today that the company continues to de-risk the Cerro Las Minitas project with the completion of the latest round of metallurgical test work. Results confirmed a sequential process flowsheet able to produce marketable copper, lead and zinc concentrates from a representative composite of the Skarn Front deposit, significantly increasing the marketability...
2020-01-16 9:00 AM EST
Southern Silver Appoints Director
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (CI: SSVCL) (the "Company") is pleased to announce the appointment of Gina Jones to the board of directors. Gina is the Chief Financial Officer and Chief Compliance Officer of PenderFund Capital Management Ltd. Previously, Gina was the Chief Operating Officer and Chief Financial Officer of an independent brokerage firm in Vancouver, as well as CFO for...
2019-12-20 12:02 PM EST
Southern Silver Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported that the following directors were re-elected at its annual general meeting held on September 30, 2019: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern...
2019-10-01 9:30 AM EDT
Southern Silver Closes Final Tranche of Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has closed the final tranche of its previously reported private placement by issuing 5,530,000 units at a price of $0.20 per unit for gross proceeds of $1,106,000. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of five years at an exercise price of $0.25 per...
2019-09-05 9:30 AM EDT
Southern Silver Closes First Tranche of Over-Subscribed Financing
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has closed the first tranche of its previously reported non-brokered private placement by issuing 15,502,500 units at a price of $0.20 per unit for gross proceeds of $3,100,500. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of five years at an exercise price...
2019-08-14 9:30 AM EDT
Southern Silver Increases Previously Announced Equity Financing
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") announces that due to increased interest the previously announced $2,000,000 private placement has been increased to $3,000,000. The Company now plans to issue up to 15,000,000 units ("Units") in the non-brokered private placement at a price of $0.20 per Unit for gross proceeds of $3,000,000. Each Unit will consist of one common share and one share purchase...
2019-07-24 4:23 PM EDT