Exploration Recommences on Southern Silver's Oro and Cerro Las Mintas Projects

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 6, 2016) - Southern Silver Exploration Corp. (TSX VENTURE:SSV) (OTCQB:SSVFF) (FRANKFURT:SEG1) (SSE:SSVCL) ("Southern Silver") reported today that final permits have been received and crews have mobilized for the next phase of a fully funded exploration program on the 100% controlled Oro project, New Mexico. The program includes a trenching program over some key target areas, followed by a 1200-metre reverse-circulation drill program scheduled to begin in mid-September on the Stockpond gold target. Eight to ten holes are planned for this phase of drilling, which will test the area within and around a previously outlined 500m x 500m gold-in-soil anomaly and mineralized outcrop exposure where rock-chip samples returned up to 4.8g/t Au. The dimension of the gold anomaly coupled with the sampled grades underscore the project's potential for the discovery of a significant bulk-tonnage, intrusive-related, disseminated oxide-gold deposit.

The Oro property consists of Federal and State mineral claims surrounding private land owned by Southern Silver and totals 11.8 square kilometres in the historic Eureka mining district in Grant County, New Mexico. The property is located approximately 80 kilometres southwest of the Silver City porphyry copper district.

The property covers and surrounds a highly prospective quartz-sericite-pyrite alteration zone, interpreted to overlie an unexposed porphyry center. Classic porphyry system zonation is indicated by gold and copper mineralization associated with Laramide-age intrusions, flanked by lead-zinc skarn and carbonate-replacement mineralization, and distal sediment-hosted gold occurrences. The Stockpond target is interpreted as one of these gold occurrences distal to the main porphyry center, which is located 3 kilometres to the southwest (Figure 1).

Cerro Las Minitas Project Update

Southern Silver also reported that crews have mobilized and that soil sampling is underway as part of the next phase of work on the Cerro Las Minitas project, located in Durango, Mexico. The work will target new discoveries on the largely gravel-covered property. The sampling program will further evaluate targets developed during the Company's detailed re-evaluation of airborne and ground geophysics, property-wide biogeochemical surveys, and soil and float sampling completed by Southern Silver over the last several years. Initial work has started with step-out soil lines to determine the potential strike-length of a 500 metre-long gold-in-soil anomaly in Target Area 1 (Figure 2), located about 4 km to the southwest of the Blind, El Sol and Santo Nino deposits. Follow-up drilling is anticipated as new targets are developed and refined.