South American Silver Announces Appointment of New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 9, 2013) - South American Silver Corp. (TSX:SAC)(OTCQX:SOHAF) (the "Company") is pleased to announce today the appointment of Mr. Muqit Teja as a Director of the Company. Mr. Teja brings a background focused on international finance and advisory services to the exploration and mining industry, with a primary focus on precious metals. He was a founder of London-based Zamadini Advisors Ltd. where his geographic focus has traditionally been in East Africa. Mr. Teja's early education was in Kenya and he completed his education with a B.Sc. degree in Accounting and Finance from the University of Warwick in the United Kingdom.

In welcoming Mr. Teja's appointment to the Board, Ralph Fitch, Executive Chairman, stated "We are very pleased to have Muqit join the Board. He brings very valuable skills and experience to this post. We are particularly pleased to have his experience with the international exploration and mining industry that will certainly compliment the Company's Board of Directors. I look forward to working with Muqit and know that he will be a valuable addition to our team."

Mr. Teja's appointment is subject to review by the Toronto Stock Exchange.

About South American Silver Corp.

South American Silver Corp. is a growth focused mineral exploration company creating value through the exploration and development of the large scale Escalones copper-gold project in Chile and the realization of value from the Malku Khota project in Bolivia. The Company's approach to business combines the team's track record of discovery and advancement of large projects, key operational and process expertise, and a focus on community relations and sustainable development. Management has extensive experience in the global exploration and mining industry. The Company's shares are listed on the Toronto Stock Exchange under the symbol "SAC" and on the US OTCQX market as "SOHAF". Additional information related to South American Silver Corp. is available at www.soamsilver.com and on SEDAR at www.sedar.com.