Southern Silver Reports on New Mineral Resources at Cerro Las Minitas Project

Southern Silver Exploration Corp. (TSX.V: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. The updated Mineral Resource estimate features increased sulphide resources from two new mineral deposits, a small oxide resource in one of the new deposit areas and an update of the previously reported deposits utilizing new metal pricing and metallurgical recoveries. Resource reporting now utilizes a Net Smelter Return (“NSR”) cut-off, as detailed in Table 1, and reports average grades on a AgEq, ZnEq and $US/t NSR basis.

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