SSV Southern Silver Exploration Corp

Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) reported
today that silver- enriched mineralized intercepts were returned from each of
the first three holes from its 2011 core hole program on its Cerro Las Minitas
Project, Durango Mexico. The 10,980 hectare project includes a 425 hectare area
that has been the subject of historic small-scale mining and a much larger
unexplored gravel covered area.


Highlights from the drilling include:



--  a 6.8 metre interval averaging 153g/t Ag, 1.47% Pb, 1.01% Zn within a
    broader 14.7 metre interval averaging 40g/t Ag, 1.02%Pb and 1.01% Zn
    from drill hole 11CLM-002, 
--  a 0.4 metre interval averaging 382g/t Ag, 6.25% Pb and 1.62% Zn from
    drill hole 11CLM-003, and 
--  a strongly copper enriched 2.1 metre interval averaging 100g/t Ag, 0.17%
    Pb, 3.08% Zn and 1.37% Cu within a 14.0 metre interval averaging 60g/t
    Ag, 0.31% Pb, 1.6% Zn and 0.94% Cu from CLM-003. 



Southern has now completed five core holes totaling approximately1500 metres of
a planned +3000 metre, Phase I drill program on the project. The current results
are from widely spaced holes that were designed to provide initial tests of
several different target types on this large polymetallic project. Drill hole
11CLM-002 tested silver-enriched polymetallic mineralization along the eastern
margin of the intrusive in the area of the La Bocona Mine. Drill hole 11CLM-003
tested the northern margin of the intrusive in areas of elevated copper and gold
mineralization. 11CLM-001 tested a geophysical target within the main intrusive.
Assays are pending from two drill holes. All composites are reported as down
hole intervals.


At least five additional holes are planned for this initial Phase of drilling
which will help prioritize targeting for more detailed drilling at specific
occurrences located within the 425 ha area of historic mining and several
additional targets derived from the recently completed 36 line-km surface IP
geophysical program over portions of the property. Surface work on several
regional targets continues.


President Lawrence Page said: "We are extremely encouraged with these initial
assays which validate, in part, the results of historic drilling and small-scale
mining on the project and allow us to continue the systematic exploration of the
many targets defined on surface and through geophysical methods."


To view accompanying map, click on the following link:
http://media3.marketwire.com/docs/SSVFigure.jpg




Table 1: Summary of Composited Assays from the Cerro Las Minitas Project 
---------------------------------------------------------------------------
                Collar Data                                      
               AZ  DIP Depth   From     To Interval    Ag    Pb    Zn    Cu
Hole No.      Deg  Deg    (m)     m      m        m   g/t     %     %     %
---------------------------------------------------------------------------
11 CLM-001     45  -60   400  296.2  297.4      1.2    99  0.04  0.05  0.14
---------------------------------------------------------------------------
11 CLM-002    223  -48   198   93.7   94.3      0.6    94  1.64  3.25  0.02
                               96.5  111.2     14.7    40  1.02  0.65  0.06
  inc                          99.2  105.9      6.8   153  1.47  1.01  0.11
  and                         104.0  105.9      1.9   124  2.18  1.09  0.21
                              135.6  136.9      1.3   170  0.52  0.22  0.06
                              262.8  263.3      0.4   164  3.28  6.79  0.00
---------------------------------------------------------------------------
11 CLM-003    165  -65   447  283.5  285.7      2.2    85  1.30  0.37  0.02
                              283.5  283.9      0.4   382  6.25  1.62  0.07
                              419.6  433.6     14.0    60  0.31  1.60  0.94
  inc                         419.6  421.7      2.1   100  0.17  3.08  1.37
  inc                         423.1  424.5      1.4    92  0.46  3.30  1.33
  inc                         428.8  430.3      1.5    72  0.53  1.56  1.45
  inc                         432.0  433.6      1.6    62  0.40  1.48  1.25
---------------------------------------------------------------------------



About the Cerro Las Minitas property

The Cerro Las Minitas property comprises 17 concessions which total 10,980
hectares and an approximate 25 kilometre lineal strike length.


Mining has been conducted on the property since colonial times and has
identified several types of silver-, lead- and zinc-enriched massive-sulphide
pipes, veins and carbonate- replacement deposits (CRDs), as well as mineralized
skarns at the margins of a large intrusive body. The Santa Eulalia replacement
deposit (45Mt of 310g/t Ag, 7.1% Zn and 8.2% Pb) and the skarn deposit of San
Martin (60Mt of 118g/t silver, 0.9% copper and 3.9% zinc) are examples of two
major Mexican mines occurring in similar geological environments(1).


Limited historical drilling on the project by Noranda (not independently
verified by Southern Silver) returned numerous intervals of higher grade silver
and base metals, including: a 11.45 metre interval (down hole) grading 123g/t
silver, 1.55% lead and 7.79% zinc from drill hole NGV-00-02 and a 1.41 metre
interval (down hole) grading 529g/t silver, 6.99% lead and 1.27% zinc from drill
hole NGV-00-06.


The mineralized zones at Cerro Las Minitas have been exploited to depths of 300
metres and over widths of 60 metres.


About Southern Silver Exploration Corp.

Southern Silver Exploration Corp. is an emerging precious/base metal exploration
company and a member of the Manex Resource Group; a private company comprised of
an exceptional multi-disciplinary team of professionals with specific expertise
in all areas of exploration, development, corporate finance and public company
administration.


The company's growth strategy is to acquire, explore and develop high-quality
properties in progressive jurisdictions within North America. Its current
projects include the silver-lead- zinc Cerro Las Mintas project,
copper-gold-silver Minas de Ameca, the porphyry copper- molybdenum Dragoon
project in Arizona and the gold-silver Oro project in New Mexico.


Robert Macdonald (P.Geo) is a Qualified Person as defined by National Instrument
43-101 and has reviewed and approved the technical contents of this release.


(1) Southern Silver advises that tonnage and grade of adjacent properties or
those used for comparative purposes may not reflect the ultimate potential of
the Cerro Las Minitas project 


On behalf of the Board of Directors

Lawrence Page, President, Southern Silver Exploration Corp.

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for the
company's projects, and the availability of financing for the company's
development projects on reasonable terms. Factors that could cause actual
results to differ materially from those in forward looking statements include
market prices, exploitation and exploration successes, the timing and receipt of
government and regulatory approvals, and continued availability of capital and
financing and general economic, market or business conditions. Southern Silver
Exploration Corp. does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise, except to the extent required by applicable law.

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