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Southern Silver Provides Corporate Update

 

 

 

 

 

Southern Silver Exploration Corp. (TSX-V: SSV) announces that it has issued 100,000 common shares at a deemed price of $0.245 per share to Golden Capital Consulting Ltd. as the final payment pursuant to an amended consulting agreement. The shares are subject to a hold period expiring September 30, 2018. Southern Silver engaged Golden Capital to assist in formulating a capital markets strategic plan in Europe and the terms of the original consulting agreement were disclosed in a news release dated March 24, 2014.

 

 

About Southern Silver Exploration Corp.

 

 

Southern Silver Exploration Corp. is a precious metal exploration and development company with a focus on the discovery of world-class mineral deposits in north-central Mexico and the southern USA. Our specific emphasis is the Cerro Las Minitas silver-lead-zinc project located in the heart of Mexico’s Faja de Plata, which hosts multiple world-class mineral deposits such as Penasquito, San Martin, Naica, Los Gatos and Pitarrilla. We have assembled a team of highly experienced technical, operational and transactional professionals to support our exploration efforts in developing, along with our partner, Electrum Global Holdings LP, the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine.

 

 

The Company engages in the acquisition, exploration and development either directly or through joint-venture relationships in mineral properties in major jurisdictions. Our property portfolio also includes the Oro porphyry copper-gold project located in southern New Mexico, USA. The Oro property consists of patented land, State leases and BLM located mineral claims which cover a highly prospective quartz-sericite-pyrite alteration zone, interpreted to overlie an unexposed porphyry centre and distal sediment-hosted, oxide-gold target.

 

Posted May 29, 2018

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