Southern Silver Closes Final Tranche of $3.6M Financing
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has closed the third and final tranche of its previously reported non-brokered private placement ("Offering") by issuing 961,500 units at a price of $0.22 per unit for gross proceeds of $211,530. Together with the first two tranches, Southern Silver has raised a total of $3,604,035.16 by the issuance of 16,381,978 units. Each unit consists of one...
2024-08-30 9:30 AM EDT
Southern Silver Closes Second Tranche of Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has closed the second tranche of its previously reported non-brokered private placement by issuing 5,911,500 units at a price of $0.22 per unit for gross proceeds of $1,300,530. The Company has now closed two tranches for a total of 15,420,478 units for gross proceeds of $3,392,505. At final closing, the Company plans to issue up to 20,454,546...
2024-08-13 9:31 AM EDT
Southern Silver Extends Closing of Final Tranche for Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") has extended closing of the second and final tranche of its previously announced non-brokered private placement for total gross proceeds of up to $4,500,000 for a period of 30 days.The Company announced on July 23rd, 2024 that it had closed the first tranche of its previously reported non-brokered private placement by issuing 9,508,978 units at a...
2024-07-29 3:00 PM EDT
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reports that it has filed on SEDAR its National Instrument 43-101 Technical Report titled Cerro Las Minitas, NI43-101 Technical Report, Preliminary Economic Assessment dated July 23, 2024 (the "Technical Report"). The authors are Ausenco Engineering USA South Inc. and Ausenco Sustainability ULC. ("Ausenco"), Kirkham Geosystems Ltd. ("KGL"), Entech Mining Limited...
2024-07-24 1:20 PM EDT
Southern Silver Closes First Tranche of Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - 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 9,508,978 units at a price of $0.22 per unit for gross proceeds of $2,091,975. At final closing, the Company plans to issue up to 20,454,546 units in the non-brokered private placement (the "Offering") at a price of $0.22 per unit for gross proceeds of...
2024-07-23 4:25 PM EDT
Southern Silver Increases Previously Announced Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") announces that due to increased interest, the previously announced $3,300,000 private placement has been increased to $4,500,000. The Company now plans to issue up to 20,454,546 units in the non-brokered private placement ("Offering") at a price of $0.22 per unit for gross proceeds of $4,500,000. Each unit will consist of one common share and...
2024-07-10 9:30 AM EDT
Southern Silver Announces Revision to Previously Announced Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") announces that it has revised the terms of the previously announced non-brokered private placement (the "Offering"). The Offering now consists of 15,000,000 units at $0.22 for gross proceeds of $3,300,000. Each unit will be comprised of one common share and one-half (0.5) of one warrant. Each whole warrant entitles the holder thereof to purchase one...
2024-07-04 9:30 AM EDT
Southern Silver Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - Southern Silver Exploration Corp. (TSX: SSV) (the "Company" or "Southern Silver") announces that it proposes to undertake a non-brokered private placement consisting of 13,000,000 units at $0.27 for gross proceeds of $3,510,000. Each Unit will be comprised of one common share and one-half (0.5) of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.40....
2024-06-20 9:30 AM EDT
Southern Silver Announces Updated PEA on Cerro Las Minitas: US$501M After-Tax NPV5%; 21% IRR; 48 Month Payback
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2024) - 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 Case1: after-tax NPV5% of $501M (C$682M) and IRR of 21.2% with a 48-month payback; Excellent Silver and Zinc Price Leverage - Base-case + 20% Metal Prices2:...
2024-06-10 7:30 AM EDT
Southern Silver Reports Enriched Rare Earth Elements in Hole OR22-012; Extends Claims to Cover New Copper and REE Skarn/CRD Targets at the Oro Project, New Mexico; and Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" and the "Company") reports that it has verified enriched Rare Earth Elements (REEs) in reconnaissance hole OR22-012, which was part of the Company's 2022 drilling program at its wholly owned Oro property, located in the Laramide-age, porphyry copper belt of southwestern New Mexico, USA. The Company has staked 62 new claims during 2023 to cover the western...
2023-11-14 2:40 PM EST
Southern Silver Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") reports that at the Company's annual general meeting held on September 26, 2023, the shareholders resolved to:Elect incumbent directors: Lawrence Page, K.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Peter Cheesbrough, Gina Jones and Russell Ball. Reappoint Smythe LLP, Chartered Accountants as auditor of Southern Silver.Approve the...
2023-09-27 12:20 PM EDT
Southern Silver Launches Interactive 3D and 360 Degree Presentation for the Cerro Las Minitas Project, Mexico, on the VRIFY Platform
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF), ("Southern" or the "Company") is now live on the VRIFY Technology Inc. ("VRIFY") platform. Investors can access Southern's first presentation containing an interactive 3D model of the property geology and reported drilling to date, in addition to a 360-degree virtual site visit. The Company will continue to periodically update its interactive content alongside drill...
2023-07-05 9:30 AM EDT
Southern Silver Reports Significant Recovery of By-Product Gold in Metallurgical Testwork on the Cerro Las Minitas Project, Mexico
Recovery of Leachable Gold from an Oxide CompositeVancouver, British Columbia--(Newsfile Corp. - June 27, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern") reports that metallurgical scoping tests confirm the technical feasibility of recovering both free cyanide-leachable gold and refractory gold from pyritic material through a process of fine grinding and hot atmospheric pressure oxidation followed by cyanide leaching. The results are significant as it now allows the...
2023-06-27 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 1, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") announces that it intends to apply to the TSX Venture Exchange ("TSXV") for approval to extend the original expiry dates of an aggregate 37,300,477 share purchase warrants (the "Warrants") as follows: Number of Warrants
2023-05-01 9:30 AM EDT
Southern Silver Reports 9.1metres of 0.92% CuEq (0.59% Cu, 0.3g/t Au, 0.01% Mo, and 2.3g/t Ag) in a Recon Hole Testing Skarn/CRD Mineralization at the Oro Project, New Mexico; Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" and the "Company") reports that it has received assay results from the final two core holes of its 4,050-metre, 2022 drilling program at its wholly owned Oro property, located in the Laramide-age, porphyry copper belt in southwestern New Mexico, USA.Hole OR22-012 tested a strong ZTEM geophysical anomaly in an area believed to be relatively high in the metal system...
2023-04-03 9:00 AM EDT
Southern Silver Provides Mineral Resource Update That Includes Newly Identified Shallow High-Grade Deposit at the Cerro Las Minitas Project
ZnVancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern") reports that Kirkham Geosystems Ltd. has completed an update of its independent Mineral Resource Estimate ("MRE") on the Cerro Las Minitas project in Durango State, Mexico. The updated MRE significantly expands sulphide resources in the La Bocona...
2023-03-22 1:03 PM EDT
Southern Silver Continues to Identify High-grade Silver Within a 400 Metre Strike at the Cerro Las Minitas Project; Oro Cu-Au-Mo Project, Update
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2022) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reported assay results from its final four drill holes on the North Felsite - North Skarn targets which continues to confirm and extend silver-polymetallic mineralization on the Cerro Las Minitas project, Durango, Mexico.Drilling tested an eastern projection of the North Skarn target at approximately 400 metres below surface. Mineralization remains open both...
2022-10-31 9:30 AM EDT
CORRECTION FROM SOURCE: Southern Silver Files NI43-101 Technical Report for its Preliminary Economic Assessment for the Cerro Las Minitas Project
ET.Vancouver, British Columbia--(Newsfile Corp. - October 13, 2022) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reports that it has filed on SEDAR its National Instrument 43-101 Technical Report titled Preliminary Economic Assessment of the Cerro Las Minitas Project, Durango State, Mexico, dated October 13, 2022 (the "Technical Report"). The report was authored...
2022-10-13 6:49 PM EDT
Southern Silver Files NI43-101 Technical Report for its Preliminary Economic Assessment for the Cerro Las Minitas Project
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2022) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver") reports that it has filed on SEDAR its National Instrument 43-101 Technical Report titled Preliminary Economic Assessment of the Cerro Las Minitas Project, Durango State, Mexico, dated October 13, 2022 (the "Technical Report"). The report was authored by M3 Engineering & Technology Corp. ("M3"), Kirkham Geosystems Ltd. ("KGL"), Entech Mining Limited ("Entech"),...
2022-10-13 5:39 PM EDT
Southern Silver Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2022) - Southern Silver Exploration Corp. (TSXV: SSV) ("Southern Silver" or the "Company") reports that at the Company's annual general meeting held on September 26, 2022, the shareholders resolved to:Elect incumbent directors: Lawrence Page, K.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough, Gina Jones and Russell Ball. Reappoint Smythe LLP, Chartered Accountants as auditor of Southern...
2022-09-28 3:12 PM EDT