Southern Silver Exploration Reports Updated Mineral Resource Estimate for Cerro Las Minitas Project in Mexico

SouthernSilverExploration_080118

Southern Silver’s Cerro Las Minitas Increases Resource to: Indicated: 33.6Mozs Ag, 319Mlbs Pb and 813Mlbs Zn (116.1Mozs AgEq; 1.69Blbs ZnEq); and Inferred: 20.7Mozs Ag, 131Mlbs Pb and 870Mlbs Zn (92.7Mozs AgEq; 1.35Blbs ZnEq)

Vancouver, British Columbia–(Newsfile Corp. – January 8, 2018) – Southern Silver Exploration Corp. (TSXV: SSV) (“Southern”) reports that Kirkham Geosystems Ltd. (“KGL”) has completed an update of its independent Mineral Resource Estimate on the Cerro Las Minitas (“CLM”) project in Durango State, Mexico, operated on a joint venture basis by SSV(40%) as operator and Electrum Global Holdings LP(60%).

This Mineral Resource Estimate showcases the continuity of the mineralization and continued expansion of the Cerro Las Minitas project and updates the previously reported March 2016 estimate. The new Resource Estimate incorporates additional data from drilling conducted in 2016 and 2017 that has successfully delineated a major new deposit on the project and significantly increased the resource base in both the Indicated and Inferred Resource categories as well as improving the overall grade of the resource, most significantly in the Indicated category.

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