reports
Southern Silver Announces Preliminary Economic Assessment on Cerro Las...
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reports results from its Preliminary Economic Assessment ('PEA") on its 100% owned Cerro Las Minitas project ("CLM"). PEA Highlights (all figures in $US unless otherwise noted):Robust Project Economics - Base Case: after-tax NPV5% of $349M (C$450M) and IRR of 17.9% (using Ag- $21.95/oz, Cu - $3.78/lb, Pb - $0.94/lb and Zn - $1.33/lb);Excellent Silver and Zinc Price Leverage - Base-case +15%: after-tax NPV5% of $561M (C$730M) and IRR of 24.4% (Ag- $25.24/oz, Cu - $...
Southern Intersects 1.4 metres averaging 383g/t Ag, 7.9% Pb and 10.2% ...
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) ("Southern Silver") reported today on further assay results from the Mina La Bocona target on the Cerro Las Minitas project, Durango, Mexico. These latest drill results are from the Huizache chimney, an area located approximately 80 metres to the northwest of the La Bocona and Mina Pina shafts along the eastern side of the Cerro and within the larger Mina La Bocona Target area. The newly released polymetallic sulphide intercepts from the Mina La Bocona target area incl...
Southern Silver Provides Exercise Instructions for Warrants Dated Sept...
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) ("Southern Silver" or the "Company") is providing warrant exercise instructions for the two series of warrants dated September 11, 2020 which will increase in price on August 14, 2021. The warrants were issued in connection with a C$10 million brokered private placement of subscription receipts and a C$4 million non-brokered private placement of subscription receipts which both closed on August 14, 2020. Subscription receipts issued in these financings were converted i...
Southern Silver Receives Technical Approvals for a Drill Program to Te...
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) ("Southern Silver" and the "Company") reports it has received approvals, pending posting of bonds, from the New Mexico Mining and Minerals Division, the New Mexico State Land Office, and the Bureau of Land Management for a six-hole diamond drilling program to test several copper porphyry and skarn targets at its wholly owned Oro property, located in southwestern New Mexico, USA. Posting of the required bonds is underway and should be completed shortly. The property consi...
Southern Intersects Shallow High-Grade Silver at the South Skarn Targe...
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today further assay results from the Cerro Las Minitas project, Durango, Mexico, which continue to extend shallow, strongly silver-enriched sulphide mineralization in the South Skarn target area and identify significant silver and gold assays from the Huizache chimney at the Mina La Bocona target.The newly released polymetallic sulphide intercepts from the South Skarn target area include:a 2.0 metre interval (1.4 metre est. TT) averaging 719g/t Ag, 14.2% Pb...
Southern Continues to Extend Mineralization on the Mina La Bocona and ...
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today further assay results which continue to extend both shallow gold-silver enriched oxide mineralization and high-grade polymetallic sulphide mineralization at the South Skarn and Mina La Bocona target areas on the Cerro Las Minitas project, Durango, Mexico.Newly released polymetallic sulphide intercepts from the Mina La Bocona target area include:a 2.1 metre interval (1.8 metre est. TT) averaging 161g/t Ag, 0.1g/t Au, 4.9% Pb and 3.0% Zn (445g/t AgEq) in...
Southern Silver Closes $3.0M Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") has closed the recently announced non-brokered private placement for 6,000,000 units ("Units") at a price of $0.50 per Unit for gross proceeds of $3,000,000 ("Non-Brokered Placement"). Each Unit consists of one common share (each a "Unit Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable into one common share (each, a "Warrant Share") at a price of C$0.75 at any time on or before ...
Southern Silver Closes $9.0M Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 16, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) (Santiago: SSVCL) ("Southern Silver" or the "Company") announces the completion of its previously announced bought deal private placement, whereby the Company issued a total of 18,000,000 units of the Company (the "Units") at a price of C$0.50 per Unit (the "Unit Price") for gross proceeds of C$9,000,000 (the "Bought Deal Private Placement"). Due to significant investor demand, the size of the Bought Deal Private Placement was upsized from C$7,000,000. Red Cloud Securiti...
Southern Silver Exploration Corp: 1 director
A director at Southern Silver Exploration Corp sold 200,000 shares at 0.512CAD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last ...
Southern Silver Announces Upsizing of Previously Announced Private Pla...
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) (Santiago: SSVCL) ("Southern Silver" or the "Company") announces that due to significant demand, it has amended its agreement with Red Cloud Securities Inc. (the "Underwriter") to increase the size of its previously announced bought deal private placement to C$9,000,000 (the "Brokered Offering"). Under the amended agreement, the Underwriter will purchase for resale 18,000,000 units of the Company (the "Units") at a price of C$0.50 per Unit (the "Unit Price"). Each Unit sh...
Southern Silver Announces C$7.0 Million Bought Deal Private Placement ...
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) (Santiago: SSVCL) ("Southern Silver" or the "Company") announces that it has entered into an agreement with Red Cloud Securities Inc. (the "Underwriter") to act as sole underwriter and bookrunner for the purchase for resale of 14,000,000 units of the Company (the "Units") at a price of C$0.50 per Unit (the "Unit Price") on a "bought deal" basis under a private placement for gross proceeds of C$7,000,000 (the "Brokered Offering"). Each Unit shall be comprised of one common...
Southern Silver Announces Commencement of Trading on the OTCQX
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) ("Southern Silver" or the "Company") is pleased to announce that its shares of common stock will begin trading on the OTCQX Best Market, effective today, under the ticker symbol "SSVFF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on . The OTCQX Best Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Co...
Southern Continues to Extend Mina La Bocona High-Grade with 7.5 Metres...
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported today that further assay results from the Mina La Bocona target area continues to extend both shallow gold-silver enriched oxide mineralization and high-grade polymetallic sulphide mineralization laterally and at depth at its Cerro Las Minitas project, Durango Mexico. Newly released polymetallic sulphide intercepts from the Mina La Bocona target area include:a 8.6 metre interval (7.5 metre est. TT) averaging 261g/t Ag, 0.1g/t Au,7.0% Pb and 1.7% Zn (559g/t...
Southern Intersects High-grade Copper-Silver-Gold at the Bocona Target...
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (Santiago: SSVCL) reported today that it has identified high-grade copper-gold-silver mineralization in a down-dip step-out from previously reported bonanza grade silver mineralization in the Mina La Bocona target area at the Cerro Las Minitas project, Durango Mexico.Polymetallic sulphide intercepts from the Mina La Bocona target area include:a 12.1 metre down hole interval (6.3 metre est. TT) averaging 134g/t Ag, 0.5g/t Au 2.3% Cu (461g/t AgEq) including a 2.1 metre do...
Southern Silver Reports on Recent Property and Corporate Matters
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) ("Southern Silver" and the "Company") reports:PROPERTY MATTERS: Cerro Las Minitas Project, Durango Mexico- increase of drill programThe Company is doubling the size of the current drilling program on the Cerro Las Minitas Ag-Pb-Zn project from an initial 10,000 metre program to a 20,000 metre program. Drilling will continue with two drills targeting the east side of the Cerro where to date three near-surface sulphide lenses with Bonanza-grades of silver have been ident...
Southern Intersects Bonanza-Grade Silver at Cerro Las Minitas with 8.0...
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) reported today that it has identified Bonanza-grade silver mineralization on a second target within the Mina La Bocona zone at the Cerro Las Minitas project, Durango Mexico. Drilling on the East side of the Cerro tested the down-dip projection of the La Bocona Chimney which was historically mined by artisanal miners to approximately 210 metres depth. Bonanza grade assays from drill hole 20CLM-131 returned: 15.1m down-hole (8.0m est. TT) averaging 1,072g/t Ag, 18.8% Pb...
Southern Silver Extends Oxide-Gold and Sulphide Zones at Cerro Las Min...
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2021) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) reported today further intervals of gold-enriched oxide and sulphide mineralization in step out drilling as well as a significant downhole extension of earlier reported high-grade, silver-enriched polymetallic sulphide mineralization in drill hole 20CLM-125 at the Mina La Bocona zone, Cerro Las Minitas project, Durango Mexico.New assay results from drill hole 20CLM-125 have extended an earlier reported 19.8 metre down hole mineralized interval to a full 50.6 metres (3...
Southern Silver Confirms New Gold Zone at Cerro Las Minitas with a 28....
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) ("Southern Silver") reported today further assay results from its 10,000 metre 2020-21 core drilling program on the Cerro Las Minitas project, Durango State, Mexico. These early results from the Mina La Bocona target include a near surface interval of strongly gold-enriched oxidized mineralization and a deeper poly-metallic sulphide zone from hole 20CLM-125 which returned:a 28.5m down hole interval averaging 1.41g/t Au and 36g/t Ag (201g/t AgEq) including a higher g...
Southern Silver Continues to Identify High-grade Mineralization in the...
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. TT) averaging 172g/t Ag, 3.8% Pb and 3.7% Zn (520g/t AgEq; 10.7% ZnEq) including a higher grade 0.9m in...
Southern Silver Confirms High-Grade Mineralization in the South Skarn ...
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 est. True Thickness) averaging 625g/t Ag, 11.8% Pb and 7.5% Zn (1,454g/t AgEq; 30.0% ZnEq) including a h...
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