South American Silver Corp. announced the appointment of Matias Herrero as full-time Chief Financial Officer of the company. Mr. Herrero will be fulfilling an expanded CFO function, while William Filtness, South American Silver's previous part-time CFO will continue on with the company as a consultant.

The appointment of a full-time CFO has been a process that the company's management, including Mr. Filtness, had been undertaking for several months as a result of the growth of the Company and Mr. Filtness' other professional commitments. Mr. Herrero brings extensive experience serving in senior finance positions in Canadian publicly-listed mining companies with operations in South America and Africa. He most recently served as the CFO of a gold producer in South America.

Mr. Herrero's experience includes international arbitration, mergers and acquisitions, debt and equity financings and overseeing the financial reporting and regulatory compliance of international mining companies. Mr. Herrero holds a Bachelor's degree in Accounting from the University of Belgrano in Buenos Aires, Argentina and is a Canadian Chartered Accountant and a U.S. Certified Public Accountant. He articled at PricewaterhouseCoopers, where he worked with several Canadian and U.S. publicly-listed mining companies in the audit practice in Vancouver.