Latest Southern Silver Exp (SSVFF) Headlines FM
Post# of 13
FMEC Funds a Further $250,000 Option Payment and Completes Second Phase Drill Program at Cerro Las Minitas
Marketwire - Thu Feb 27, 8:16AM CST
Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that Freeport-McMoRan Exploration Corporation ("FMEC") has provided to Southern Silver $475,000, utilized as to $250,000 to pay the February 2014 periodic option payment to the optionor of the Cerro Las Minitas mineral concessions ("CLM Option") with the balance of $225,000 utilized in exploration expenses on the property.
Best's Rating Notification - RAM Mutual Insurance Company
Rating Division - AMBest - Fri Jan 17, 10:44AM CST
A.M. Best Company has made the following rating update:
FMEC Funds $250,000 Option Payment and Commences Second Phase Drill Program at Cerro Las Minitas
Marketwire - Tue Nov 26, 11:45AM CST
Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) ("Southern Silver") reported today that Freeport-McMoRan Exploration Corporation ("FMEC") has provided to Southern Silver $250,000 which was utilized to pay the November, 2013 periodic option payment to the optionor of the Cerro Las Minitas mineral concessions in Durango State, Mexico. To date $2.5 million has been paid from funds provided by Southern Silver and FMEC towards a total purchase price of $4 million with the balance payable as follows:
FMEC Reports First year Exploration Results and Funding of a Second Phase of Drilling at Cerro Las Minitas
Marketwire - Mon Nov 04, 12:46PM CST
Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that Freeport-McMoRan Exploration Corporation ("FMEC") has reported on results of first year operations, made an option payment of $100,000 and delivered plans for the first phase of second year operations on the Cerro las Minitas project in Durango State, Mexico.
Southern Silver Closes Oversubscribed Financing
Marketwire - Mon Oct 21, 8:31AM CDT
Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) has closed the second tranche of its previously reported non-brokered private placement by issuing 18,200,000 units at a price of $0.02 per unit for gross proceeds of $364,000. Together with the first tranche closing on September 13, 2013, Southern Silver has raised a gross total of $500,603; an oversubscription of the offering. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share. Securities issued pursuant to this tranche of the private placement, including common shares, share purchase warrants and finder's warrants issued as finder's fees, carry a legend restricting trading of the securities until February 12, 2014.
Southern Silver Closes First Tranche of Financing
Marketwire - Fri Sep 20, 6:28PM CDT
Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) has closed the first tranche of its previously reported non-brokered private placement by issuing 6,830,150 units at a price of $0.02 per unit for gross proceeds of $136,603. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share. Securities issued pursuant to this tranche of the private placement, including common shares, share purchase warrants and finder's warrants issued as finder's fees, carry a legend restricting trading of the securities until January 14, 2014.
Southern Silver Announces Private Placement
Marketwire - Tue Aug 27, 8:04AM CDT
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Southern Silver Completes Purchase of Oro Property
Marketwire - Thu Aug 08, 8:31AM CDT
Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that it has finalized acquisition of a 100% interest in the Oro property consisting of 157 BLM claims by the payment of USD$150,000 to the underlying optionors.
Southern Silver Reports 9.2 Metres of 401 g/t Ag, 8.5% Pb and 5.1% Zn and Extends Precious-Base-Metal-Rich Mineralization to 600 Metres Depth at the Cerro Las Minitas Project
Marketwire - Tue Jul 16, 8:31AM CDT
Southern Silver Exploration Corp. ("Southern Silver")(TSX VENTURE: SSV) (FRANKFURT: SEG) reported today that its wholly owned subsidiary, Minera Plata del Sur, S.A. de C.V., under the direction of Freeport-McMoRan Exploration Corporation (FMEC), has completed an initial eight core hole, 3445 metre drill program on the company's Cerro Las Minitas project located in Durango, Mexico. Freeport-McMoRan Exploration Corporation holds a right to acquire up to a 70% indirect interest in the project.
Southern Silver Reports on the Cerro Las Minitas Project
Marketwire - Thu May 23, 2:02PM CDT
Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) ("Southern Silver") reports today that it has executed an amending agreement with the Optionor of the Cerro Las Minitas property in Durango Mexico to reduce the option payment due on May 18, 2013 from $1 million to $250,000 and to extend the balance of the purchase price of $1.75 million to be paid periodically with the last payment due in March 2015.
Southern Silver Exploration Corp.: Drilling Commences on the Cerro Las Minitas Project
Marketwire - Mon Apr 15, 8:30AM CDT
Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reports today that equipment has mobilized and drilling has commenced on the Cerro Las Minitas project located in Durango, Mexico.