DALLAS, Jan. 23, 2011 /PRNewswire/ -- Southridge Enterprises Inc. (Pinksheets: 
 
SRGE.PK - News) ("Southridge" or the "Company") announced today that Mathers 
 
Research ("Mathers") has initiated research coverage of Southridge, with a 
 
'Speculative BUY' Opinion and a near term price target of $0.20 cents per 
 
share. 
 
 
 
Mathers, which provides independent investment research to individual and 
 
institutional investors, has released a comprehensive report that describes 
 
Southridge and its mining growth strategy. The report includes information 
 
about the Company's business model, recent acquisitions, gold production and 
 
the Mill Production Plan (MPP). 
 
 
 
Nigel Perkins, Research Analyst with Mathers Research commented, "It is the 
 
author's opinion that Southridge Enterprises represents a significant 
 
opportunity to investors with a target price of $0.20 per share." 
 
 
 
Recent exploration and technical reports of the Cinco Minas Property indicates 
 
substantial high-grade gold and silver mineralization.  A 2007 Property report 
 
for Cinco Minas confirmed a mineral resource of 235,000 oz. gold and 23.33 
 
million oz. silver.  In addition, the property report cites that only 20% of 
 
the known vein system has been tested, which represents a significant 
 
potential upside to the confirmed resource. 
 
 
 
The recently announced Mill Production Plan (MPP) outlines the reactivation of 
 
an ore processing mill located at the Cinco Minas site. The mill is capable of 
 
processing 60 tpd (tons per day), and is expandable to 500 tpd, and there is 
 
more than a two year supply of stockpiled ore currently on surface at Cinco 
 
Minas ready to be processed through the mill. 
 
 
 
For a link to the full investment opinion and risks associated with this 
 
company, visit http://www.mathersresearch.com/research 
 
 
 
About Mathers Research 
 
 
 
Mathers Research was founded in 2001 by Managing Director Nigel Perkins.  Over 
 
the past decade, Mr. Perkins has developed a team of experienced professionals 
 
at Mathers, whom have now generated numerous research reports on companies 
 
trading in markets around the world and crossing many industry sectors.  Our 
 
report content was previously commissioned specifically on a proprietary basis 
 
for investment houses throughout the world and was only available to the 
 
public through the firms that purchased our research.  We have recently begun 
 
to direct our research and reports to the investment community on a retail 
 
level and narrowed our focus to identify unique small and micro capitalized 
 
company opportunities. 
 
 
 
For further information on the Company's Gold and Silver projects, visit our 
 
website, http://www.southridgeminerals.com 
 
 
 
Southridge Investors can access the following Southridge Minerals social media 
 
channels: 
 
 
 
YouTube Cinco Minas Mexico Project: 
 
(http://youtu.be/R6P8oght4Ik) 
 
(http://youtu.be/o2LfLaSu8ww) 
 
 
 
Facebook: 
 
(http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466) 
 
Twitter: (http://twitter.com/SouthridgeSRGE) 
 
 
 
About Southridge Minerals, Inc. (Pinksheets: SRGE.PK - News) 
 
 
 
Southridge Minerals, Inc. is a U.S.-based mineral exploration company 
 
dedicated to acquiring and developing mineral resources in geologically 
 
permissible and politically stable areas of the world. The Company seeks out 
 
early stage opportunities with good mineralization indicators that exhibit 
 
significant blue-sky potential. Southridge pursues and advances these projects 
 
that are or will be of interest to mid-size and major producers. By forming 
 
alliances on individual projects, the Company expects to develop its interests 
 
in mines operated by its partners, allowing it to continue to build value 
 
through continued exploration. Southridge is currently focused on projects in 
 
Mexico. 
 
 
 
What sets Southridge apart is its vast experience in Mexico and the knowledge 
 
of the geological conditions and formations pertaining to known large gold 
 
deposits that have received very little attention to date. This comparative 
 
advantage, combined with a specific geographical and mineral focus, will allow 
 
for more efficient asset and income growth in the future for the benefit of 
 
shareholders' investments. 
 
 
 
Forward-Looking Statements 
 
 
 
Although the Company believes that the forward-looking statement of beliefs, 
 
plans, expectations, and intentions contained in this press release are 
 
reasonable, there can be no assurance those beliefs, plans, expectations or 
 
intentions will prove to be accurate. Investors should consider all of the 
 
information set forth herein and should also refer to the risk factors 
 
disclosed in the Company's published current and periodic reports.