Southern Silver Exploration Corp. reported that final assays from the 2015 core drilling program on the Cerro Las Minitas Project, Durango State, Mexico have been received with the results continuing to extend the projections of high-grade silver-polymetallic mineralization at both the Blind - El Sol zone and the recent discovery at the Mina La Bocona zone. Semi-massive and massive sulphides were identified in the southeast extension of the Blind - El Sol zone in a thick (+30 metre) contact skarn on the margin of the Central Intrusion in a 2015 extension of drill hole 11CLM-025.

Mineralization in hole 15CLM-025 represents an approximate 200m offset from an earlier reported mineralized intercept in hole 15CLM-081 (8.7m est TT of 136g/t Ag, 0.5% Cu, 0.3% Pb, 4.5% Zn) and remains open at depth and to the southeast for over 500 metres. Further drilling is planned to test the southeast continuation of the Blind - El Sol zone. The company also reported that drilling at the Mina La Bocona Extension discovery has identified a precious-metal enriched massive sulphide intercept down-dip of discovery hole 15CLM-078.

The mineralization was returned from an extension of drill hole 11CLM-010 and is one of two high grade intervals identified at +450 metres depth in the Bocona zone and highlights the continued exploration potential of the Bocona target at depth and along strike to the northwest. As part of the 2015 exploration program, fourteen drill holes totaling approximately 9,100 metres have been completed on the project with assay results continuing to expand the overall size of the deposits and identify new zones of high-grade mineralization. Compilation and analysis of the 2015 results continues toward planning of the 2016 exploration program on the property, the details of which will be announced shortly.

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-12-15; 15CLM-010 see this release) and outboard of the Blind-El Sol zone (15CLM-081, see NR-10-15), the identification of potential new extensions to high-grade mineralization at the Santo Niño Mine (15CLM-023A, NR-12-15); and the identification of thick zones of massive and semi-massive sulphide at depth in the Blind – El Sol zone (15CLM-077, 15CLM-081). The 2015 program has added new areas of high-grade mineralization to the results of earlier exploration work by Southern Silver which resulted in the identification of two new mineral deposits known as the Blind and El Sol zones. With the completion of the current drill program, a total of 89 drill holes for 32,410m have now been completed on the Cerro Las Minitas project with exploration expenditures of approximately $5.5 million spent to date.

Airborne magnetic geophysics over the entire property and gravity and IP geophysics in specific target areas were also conducted and will form the basis for future exploration drilling programs on the project.