Articles Tagged "Southern Silver Exploration Corp."

Southern Silver Completes Second Phase Program at Cerro Las Minitas; Freeport-McMoRan Provides Further $250,000 Option Payment

Gold – Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) reported that Freeport-McMoRan Exploration Corporation provided $475,000 to Southern Silver - utilized as to $250,000 to pay the February 2014 periodic option payment to the optionor of the Cerro Las Minitas mineral concessions, with the balance of $225,000 utilized in exploration expenses on the property. Southern Silver also reported that FMEC completed a second phase of exploration on the Cerro Las Minitas project.

US Dollar and Fed’s Next Move Continue to Tarnish Silver Prices

Silver – Gold’s long-standing duel with the US dollar continued to drag on silver prices this week. However, physical demand for the white metal remains strong, especially in the coin market.

Taking Stock: October Silver Juniors Round-Up

Silver – October was a busy month for silver juniors — if you think you may have missed a piece of news, now is your chance to catch up. Here's a look at some highlights from 11 silver juniors that made progress this past month.

Southern Silver Exploration Closes Second Tranche of Private Placement

Silver – Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) closed the second tranche of its non-brokered private placement for gross proceeds of $364,000. 18,200,000 units were issued at a price of $0.02 per unit. In conjunction with the first tranche that closed on September 13, 2013, the Company has raised a gross total of $500,603, which is an oversubscription of the offering.

Silver Flatlines as CFTC Wraps Up Manipulation Investigation

Silver – Silver prices didn't move much this week, but the Commodity Futures Trading Commission kept things interesting by closing its investigation into the alleged manipulation of the silver market.