back to homepage

Tag "southern-silver-exploration-corp"

Southern Silver Obtains Loan Facility to Fund Final Option Payments at Cerro Las Minitas 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/20/14 — Southern Silver Exploration Corp. ("Southern Silver" or the "Company") (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that it has entered into a loan facility arrangement with Radius Gold Inc. ("Radius") to borrow $CDN 800,000 to fund the final payments of $USD 600,000 to fully exercise its option to acquire the Cerro Las Minitas mineral claims in Durango, Mexico. The final payment completes the purcha

Read More

Southern Silver Completes Cerro Las Minitas Property Transfer From Freeport; Appoints Spiering to the Board 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) ("Southern Silver" or the "Company") reported today on the status of the Cerro Las Minitas property.As recently reported, Freeport McMoRan Exploration Corporation ("FMEC") relinquished its option to earn an indirect interest in the Cerro Las Minitas project after having spent $5.5 million on exploration and option payments to the underly

Read More

FMEC Funds $250,000 Option Payment and Commences Second Phase Drill Program at Cerro Las Minitas 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/26/13 — Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) ("Southern Silver") reported today that Freeport-McMoRan Exploration Corporation ("FMEC") has provided to Southern Silver $250,000 which was utilized to pay the November, 2013 periodic option payment to the optionor of the Cerro Las Minitas mineral concessions in Durango State, Mexico. To date $2.5 million has been paid from funds provided by Sout

Read More

FMEC Reports First year Exploration Results and Funding of a Second Phase of Drilling at Cerro Las Minitas 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/04/13 — Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that Freeport-McMoRan Exploration Corporation ("FMEC") has reported on results of first year operations, made an option payment of $100,000 and delivered plans for the first phase of second year operations on the Cerro las Minitas project in Durango State, Mexico.Prior to FMEC-s involvement with the project, Sout

Read More

Southern Silver Closes Oversubscribed Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/21/13 — Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) has closed the second tranche of its previously reported non-brokered private placement by issuing 18,200,000 units at a price of $0.02 per unit for gross proceeds of $364,000. Together with the first tranche closing on September 13, 2013, Southern Silver has raised a gross total of $500,603; an oversubscription of the offering. Each uni

Read More

Southern Silver Exploration Corp.: Cerro Las Minitas Project Expanded With Acquisition of an Interest in the Contiguous El Sol Concession 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/23/13 — Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) has received notice from Freeport-McMoRan Exploration Corporation ("FMEC") that its affiliate has acquired an interest in mineral rights ("El Sol Concession") within the area of interest under the Earn-In Agreement between Southern Silver and FMEC and has offered to include its interest in the El Sol Concession under

Read More

Southern Silver Closes First Tranche of Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/20/13 — Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) has closed the first tranche of its previously reported non-brokered private placement by issuing 6,830,150 units at a price of $0.02 per unit for gross proceeds of $136,603. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three years at an exercise

Read More

Southern Silver Announces Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/27/13 — Not for Distribution to United States Wire Services or for Dissemination in the United StatesSouthern Silver Exploration Corp. (the "Company" or "Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) plans to issue up to 16,666,666 units in a non-brokered private placement at a price of $0.03 per unit to raise $500,000. Each unit will consist of one common share and one share purchase warrant, with each warrant exerc

Read More

Southern Silver Completes Purchase of Oro Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/08/13 — Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that it has finalized acquisition of a 100% interest in the Oro property consisting of 157 BLM claims by the payment of USD$150,000 to the underlying optionors.The Oro property consists of 157 BLM claims, two State leases and patented land comprising approximately 17.2 sq km. Since 2006, Southern Silver has paid total mone

Read More

Southern Silver Reports 9.2 Metres of 401 g/t Ag, 8.5% Pb and 5.1% Zn and Extends Precious-Base-Metal-Rich Mineralization to 600 Metres Depth at the Cerro Las Minitas Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/16/13 — Southern Silver Exploration Corp. ("Southern Silver")(TSX VENTURE: SSV) (FRANKFURT: SEG) reported today that its wholly owned subsidiary, Minera Plata del Sur, S.A. de C.V., under the direction of Freeport-McMoRan Exploration Corporation (FMEC), has completed an initial eight core hole, 3445 metre drill program on the company-s Cerro Las Minitas project located in Durango, Mexico. Freeport-McMoRan Exploration Corporation hol

Read More