Southern Silver Exploration Corp. reports today that results from its Q4 '24 "proof of concept" drilling has extended silver-polymetallic mineralization both laterally and down dip of the South Skarn deposit on the Cerro Las Minitas project, Durango, Mexico. Six core holes totalling 2395 metres were completed as part of the drill program. Drilling tested gaps within the current block model, lateral extensions of the [...]
Southern Silver Exploration Corp. announces that it has closed its previously reported non-brokered private placement by issuing 19,909,335 units at a price of $0.18 per unit for gross proceeds of $3,583,680.30 . Each unit consisted of one common share and one-half share purchase warrant, with each full warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.28 [...]
Southern Silver Exploration Corp. announces an additional increase to its previously announced non-brokered private placement from $3,000,000 to $3,600,000. The private placement will now consist of 20,000,000 units at $0.18 per unit for gross proceeds of $3,600,000 . Each unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one [...]
Southern Silver Exploration Corp. announces that, due to increased interest, the previously announced non-brokered private placement has been increased from $2,520,000 to $3,000,000. The private placement will now consist of 16,666,667 units at $0.18 per unit for gross proceeds of $3,000,000 . Each unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder [...]
Southern Silver Exploration Corp. is pleased to announce that it has entered into a letter agreement with La Cuesta International, S.A. de C.V. to acquire the Nazas exploration project in Durango, Mexico. The letter agreement provides Southern Silver the option to earn a 100% interest in the Nazas project by making pre-production cash payments totalling US$130,000 over a 36 month period with a pre-production payment of [...]
Southern Silver Exploration Corp. reports that it has revised the terms of its previously announced non-brokered private placement. The private placement will now consist of 14,000,000 units at $0.18 for gross proceeds of $2,520,000 . Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 [...]
Southern Silver Exploration reports that the Company has received approval from the TSXV for a 30-day extension to close the previously announced non-brokered private placement, consisting of up to 10,000,000 units at a price of $0.22 per Unit for gross proceeds of $2,200,000. Each Unit consists of one common share and one-half of one share purchase warrant, with each warrant exercisable to purchase one additional common [...]
Southern Silver Exploration announces that it proposes to undertake a non-brokered private placement consisting of 10,000,000 units at $0.22 for gross proceeds of $2,200,000. Each unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 2 years at a price of $0.32. The Company may pay finders' fees [...]
Southern Silver Exploration Corp. reports that drilling has commenced on its 100% owned Cerro Las Minitas, Ag-Pb-Zn property, located in Durango, Mexico. Up to 6,000m of core drilling is planned as a initial stage to test further extensions of shallow, high-grade mineralization lateral to the three existing deposits which occur on the eastern and northern margins of the central intrusion . Previous drilling programs [...]
Southern Silver Exploration Corp. reports that all resolutions as set out in the Company's notice of meeting and information circular were passed by the requisite majority of shareholders at its annual general meeting held on October 23, 2024. The shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver's rolling incentive stock option plan pursuant to which a [...]
Southern Silver Exploration Corp. reports that its Board of Directors has approved a program of up to 6000 metres of diamond drilling on the silver, lead, zinc Cerro Las Minitas project, Durango, Mexico. The focus of the drill program would include an initial phase of "Proof of Concept" drilling to demonstrate further lateral projections of shallow high-grade mineralization adjacent to planned mine and mill infrastructure [...]
Southern Silver Exploration Corp. has closed the third and final tranche of its previously reported non-brokered private placement by issuing 961,500 units at a price of $0.22 per unit for gross proceeds of $211,530. Together with the first two tranches, Southern Silver has raised a total of $3,604,035.16 by the issuance of 16,381,978 units. Each unit consists of one common share and one-half of one share purchase [...]