Articles Tagged "TSXV:SSV"

Southern Silver Announces Details of Proposed 2013 Drill Program at Cerro Las Minitas

Silver – Southern Silver Exploration Corp. (TSXV:SSV) announced that it has received details of a proposed drill program at Cerro Las Minitas from indirect interest optionee Freeport-McMoRan. The proposed plans include a 3,000-5,000 metre drill program to commence in early April. Southern Silver has the right to earn a 100% interest in the Cerro Las Minitas property.

Southern Silver Exploration Closes First Tranche of Private Placement and Enters into Option Agreement

Silver – Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) closed the first tranche of its non-brokered private placement for gross proceeds of $400,100. A total of 8,002,000 units were issued at a price of $0.05 per unit. The Company also entered into an option agreement with Desert Star Resources Ltd. who can earn up to a 70-per-cent interest in Southern Silver's Oro Project.

Southern Silver Exploration Approves Advance Notice Policy for Director Nominations

Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) announced that an advance notice policy for nominating directors was approved. Objectives of The Policy include the facilitation an orderly and efficient meeting process, to give shareholders notice of director nominations, and to allow shareholders an informed vote after providing them with sufficient information on director nominations. The Policy is effective as of January 23, 2013 and is on SEDAR.

Southern Silver Exploration Acquires 100% Interest of Oro Property

Copper – Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) acquired ownership of the Oro property in New Mexico. The Oro project is located approximately 40 kilometres southwest of the Silver City porphyry copper district and includes a contiguous block of federal, state, and private land that total 17.2 square kilometres in New Mexico. The Company amended the option agreement for purchase of a 100% interest in the located claims by extending the last payment of US$150,000 until August 28, 2013.

Southern Silver Exploration Amends Option Agreement and Acquires 100% Interest of Oro Property

Silver – Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) acquired 100% ownership of the Oro property in New Mexico. The Company amended the option agreement for purchase of a 100% interest in the located claims by extending the last payment of US$150,000 until August 28, 2013.

Southern Silver Exploration Announces Non-Brokered Private Placement and Commencement of Exploration Program

Silver – Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) announced a non-brokered private placement where they plan to issue up to 15,000,000 units at a price of $0.05 per Unit to raise $750,000. An exploration program at the Cerro Las Minitas project in Mexico is also expected to commence shortly.