Southern Silver Exploration Corp. reported today initial assay results from its 10,000 metre 2020-21 core drilling program on the Cerro Las Minitas project, Durango State, Mexico which included intervals of strongly silver-enriched semi-massive to massive sulphide mineralization in drill hole 20CLM-119. Assay highlights include: a 9.0m down hole [...]
Southern Silver Exploration Corp. reported today that crews have mobilized in preparation for the start of the 2020-21 drill campaign on the Cerro Las Minitas Project , Durango, Mexico. Commencement of exploration follows the closing of the transaction with Electrum Global Holdings L.P. to acquire Electrum's 60% indirect working interest in the CLM [...]
Southern Silver Exploration Corp. reported that it has closed the transaction with Electrum Global Holdings L.P. to acquire Electrum's 60% indirect working interest in the Cerro Las Minitas project located in Durango. As consideration for the acquisition, Southern Silver must pay Electrum an aggregate US$15 million in a combination of cash and [...]
Southern Silver Exploration Corp. reports that it has closed the recently announced non-brokered private placement for 1,200,000 units at a price of $0.38 per Unit for gross proceeds of $456,000. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period [...]
Southern Silver Exploration Corp. reported that the following directors were re-elected at its annual general meeting held on September 4, 2020: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough, Gina Jones and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered [...]
Southern Silver Exploration Corp. plans to issue up to 1,200,000 units in a non- brokered private placement at a price of $0.38 per Unit to raise $456,000. Each Unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price [...]
Southern Silver Exploration Corp. reports that, in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest in the Company's flagship Cerro Las Minitas project, it has closed the C$10 Million brokered offering of subscription receipts and has issued a total of 50,000,000 Brokered Subscription [...]
Southern Silver Exploration Corp. reports that the previously announced brokered offering of subscription receipts to be issued at the price of C$0.20 per Subscription Receipt, has been fully subscribed for aggregate gross proceeds of C$10,000,000 and it is anticipated to close on or about July 31, 2020. In conjunction with a previously announced [...]
Southern Silver Exploration Corp. announces that in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest in the Company's flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company in a fully marketed private placement at a price of [...]
Southern Silver Exploration Corp. reported today that the Company has executed an agreement with Electrum Global Holdings L. P. to purchase Electrum's 60% indirect working interest in the Cerro Las Minitas Project in Durango, Mexico for payment of US$15 million, payable in cash and Southern Silver common shares. The purchase of such working [...]
Southern Silver Exploration Corp. announces that the TSX Venture Exchange has approved the extension of the expiry date of certain of the Company's outstanding common share purchase warrants for an additional two years. The new expiry date of these Warrants will be June 13, 2022, August 31, 2022 and September 29, 2022. Each warrant is exercisable [...]
Southern Silver Exploration Corp. has entered into an agreement with Monarca Minerals Inc. to purchase the El Sol mineral claim in Durango, Mexico. The claim is situated contiguous with Southern Silver's Cerro Las Minitas mineral property, operated as a joint venture between Southern Silver and Electrum Global Holdings LP. The purchase is solely [...]
