Southern Silver Exploration Corp.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Lawrence P. Page
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1199 West Hastings Street Vancouver BC Canada V6E 3T5
- IPO Date
- May 22, 1981
- Similar Companies
- Business
- Southern Silver Exploration Corp. is a mineral exploration and development company focused on the discovery and advancement of world-class mineral deposits. It primarily operates its 100% owned Cerro Las Minitas silver-lead-zinc project in Durango State, Mexico, which encompasses 25 mineral concessions covering approximately 27,451 hectares within Mexico's prolific Faja de Plata (Belt of Silver) region. The Cerro Las Minitas project is a high-grade underground deposit with significant silver, lead, zinc, and copper mineralization. The company also holds the Nazas property near Cerro Las Minitas, as well as the Oro porphyry copper-gold project and the Hermanas gold-silver vein project, both located in southern New Mexico, USA, where drill permitting is underway. Southern Silver's core activities include exploration and development of silver, lead, zinc, copper, gold, and silver-lead-zinc ores. The company manufactures no physical products but is focused on resource discovery, drilling programs, and advancing mining projects towards production readiness. Recent operations include a strategic acquisition of the Puro Corazon mining claim contiguous to Cerro Las Minitas, currently an active producing mine, which they plan to integrate through a comprehensive 12,000-meter infill drilling program. This acquisition aims to optimize project economics and improve capital efficiency. Southern Silver also recently completed a bought deal private placement raising gross proceeds of C$5.0 million to advance the Cerro Las Minitas project and support general corporate purposes. Founded in 1963 and headquartered in Vancouver, Canada, Southern Silver leverages technical, operational, and transactional expertise to develop Cerro Las Minitas into a premier high-grade silver-lead-zinc mine. The company targets major mining jurisdictions in Mexico and the southwestern United States and maintains an emphasis on resource growth, economic optimization, and strategic project expansion across its mineral properties. Southern Silver continues to advance its exploration programs with ongoing drilling intercepts at Cerro Las Minitas confirming high-grade silver equivalent values. The company is preparing an updated Technical Report and Preliminary Economic Assessment (PEA) expected in early 2026 to reflect recent drilling results and the Puro Corazon acquisition's integration. Southern Silver positions itself as a leading exploration firm in silver-lead-zinc projects within a prolific mining district, driving toward development of one of the largest high-grade silver projects globally. Overall, Southern Silver Exploration Corp.'s main products and services revolve around mineral exploration and project development featuring silver, lead, zinc, copper, and gold resources primarily in Mexico and the US, with recent significant changes including the Puro Corazon acquisition, capital raises through private placement, expanded drilling activities, and preparation for updated economic evaluations of its flagship Cerro Las Minitas project.
Company News
Video - CEO Clips: Southern Silver: Advancing a Large-Scale Silver Project in Mexico
Southern Silver Intersects 35.0 Metres Averaging 188g/t Ag, 4.9% Pb and 4.6% Zn (399g/t AgEq) at Cerro Las Minitas Project, Durango, Mexico
Southern Silver Engages ICP Securities for Automated Market Making Services
Southern Silver Initiates Infill Drilling on the Puro Corazon Target, Cerro Las Minitas Project, Durango Mexico
Southern Silver Closes First Tranche of Previously Announced Non-Brokered LIFE Private Placement
Southern Silver Amends Previously Announced Non-Brokered LIFE Private Placement
Southern Silver Intersects 4.6 metres Averaging 201g/t Ag, 4.5% Pb and 9.8% Zn (557g/t AgEq) at Cerro Las Minitas Project in Durango, México
Southern Silver Intersects 6.3 Metres Averaging 874g/t AgEq at Cerro Las Minitas Project in Durango, México
Southern Silver Named to the 2026 TSX #Venture50
Southern Silver Intersects 5.8 metres averaging 781g/t AgEq at Cerro Las Minitas Project in Durango, México
Southern Silver Intersects 15.3 metres Averaging 581g/t AgEq at Cerro Las Minitas Project in Durango, México
Southern Silver Intersects 10.4 metres Averaging 743g/t AgEq at Cerro Las Minitas Project in Durango, México
Southern Silver Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$6 Million
New York Life Investments Expands Active ETF Lineup With Launch of NYLI MacKay Muni Allocation ETF (MMMA)
Southern Silver Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$5.0 Million
Southern Silver Intersects 10.5 metres averaging 1,115g/t AgEq at Cerro Las Minitas Project in Durango, México
Gold And Silver Mining Stocks - Potential Winners
Southern Silver Acquires Right to Purchase Key Mining Claim Contiguous to Its Cerro Las Minitas Property in Durango, Mexico
Southern Silver Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13.0 Million
Southern Silver Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$8.0 Million