Electrum Completes Initial Earn-in on Southern Silver's Cerro Las Minitas Project, Mexico; Exploration Update - Seite 2

Noteworthy milestones from the 2015 drilling program include:

• the identification of new high-grade Ag-Pb-Zn discoveries in the Mina La Bocona area (15CLM-078; see NR-10-15) and outboard of the Blind -El Sol zone (15CLM-081; see NR-12-15);
• the identification of potential new extensions to high-grade mineralization at the Santo Niño Mine (15CLM-023A; NR-12-15); and
• the continued extension of mineralized structures to depth in the Blind - El Sol zone (15CLM-077, see NR-10-15), and on strike at the Mina La Bocona and the South Skarn targets (15CLM-079, see NR-12-15)

The 2015 program follows earlier exploration work by Southern Silver which totaled 23,310 metres of diamond drilling in 75 core holes, which subsequently resulted in the identification of two new mineral deposits known as the Blind and El sol zones. Airborne magnetic geophysics over the entire property and gravity and IP geophysics in specific targeted areas were also conducted and will form the basis for future planned exploration drilling programs in other areas of the project.

To view the Plan Map: Hole distribution for the 2015 Cerro Las Minitas drill program, please visit the following link: http://media3.marketwire.com/docs/ssvr_map.jpg

For a current drill-hole plan and a full table of drill results please visit the company's website at www.southernsilverexploration.com.

About Electrum Global Holdings L.P.

Electrum is a privately-held U.S. based group that has operated in natural resources for over 20 years. Leveraging a global team of experienced technical, operational, and transactional professionals, Electrum strategically invests in precious and base metals assets and companies. Electrum is led by Thomas S. Kaplan, an Oxford-educated historian who applies his deep understanding of market behavior to forecast developing trends, combining a top-down and bottom-up entrepreneurial approach to investing.

In addition to having founded and operated several successful natural resources companies, such as Sunshine Silver Mining & Refining Corporation and Electrum Ltd., Electrum is a significant shareholder in a number of publicly traded natural resources companies, including NovaGold Resources Inc., NovaCopper Inc., Gabriel Resources Ltd., and Taung Gold International Limited.