Southern Silver's Cerro Las Minitas: A Drilling Opportunity for Shareholders

Southern Silver Exploration Corp. (TSXV: SSV) has announced an exciting drilling program for its Cerro Las Minitas project in Durango, Mexico, along with the granting of incentive stock options. This development presents an opportunity for investors to capitalize on the project's potential and the company's commitment to growth.

The upcoming drill program, set to commence in the coming weeks, consists of up to 6,000 meters of diamond drilling. The initial phase, a "Proof of Concept" drilling, aims to demonstrate the lateral projections of shallow high-grade mineralization adjacent to planned mine and mill infrastructure. This phase will focus on the Eastern Deposits, including South Skarn, Mina La Bocona, and North Felsite. By providing additional tonnage for extraction early in any planned mining schedule, this phase will enhance the project's economics and potential for increased mineral reserves.

The drill program will also test down-dip extensions of known deposits, further enhancing the project's resource potential. This focus on down-dip extensions aligns with the project's overall development timeline and milestones, as it aims to maximize the resource base and optimize mining operations.

Southern Silver has granted incentive stock options to various directors, officers, and consultants to purchase 6,500,000 common shares at an exercise price of $0.31 per share. These options are subject to the terms and conditions of the company's stock option plan and the policies of the TSX Venture Exchange. This move demonstrates the company's commitment to attracting and retaining top talent for the drill program and beyond, ensuring the successful execution of the project.

The Cerro Las Minitas project features a large-scale underground mining operation with a 17-year mine life, robust project economics, and high gross revenues. With a low market capitalization and low operating costs, Southern Silver presents an excellent opportunity for future corporate growth and an increase in shareholder value. The drill program and incentive stock option grant are key milestones in the company's growth strategy, focusing on the development of quality assets in significant mineralized trends close to infrastructure.

In conclusion, Southern Silver's Cerro Las Minitas drill program and incentive stock option grant signal the company's commitment to unlocking the project's potential and attracting top talent. This development presents an opportunity for investors to capitalize on the project's growth and contribute to the company's success in the mining sector.