Southern Silver Exploration Corp

SOUTHERN SILVER EXPLORATION CORP: STRATEGIZING QUALITY ASSETS FOR IMPRESSIVE GROWTH

REFINING DEVELOPMENT STRATEGY

Southern Silver Exploration Corp. employs a shrewd approach aimed at refining its portfolio with high-quality assets situated within significant mineralized vicinities, ideally located near established infrastructure. Their strategy is primarily centred around the advancement of the Cerro Las Minitas project, which has exhibited commendable potential through a recent preliminary economic assessment. The project boasts an attractive after-tax net present value (NPV) at a 5% discount rate of US$349 million with an internal rate of return (IRR) standing at 17.9%, undergirding Southern Silver's trajectory towards corporate expansion and heightened shareholder remuneration.

FLAGSHIP PROJECT WITH FORMIDABLE POTENTIAL

The cornerstone of Southern Silver's portfolio is the substantial Cerro Las Minitas silver-lead-zinc property, encompassing over 340 square kilometers in the heart of Durango State, Mexico. Strategically positioned within the mineral-rich Faja de Plata, or Belt of Silver, this district is renowned for its monumental historic yield and resources exceeding three billion ounces of silver. The locale's exceptional geological setting remains ripe with opportunities for 'world class' discoveries.

CORPORATE HERITAGE AND PROJECT DYNAMICS

Since its inception on April 30, 1963, Southern Silver Exploration Corp., with its headquarters in Vancouver, Canada, has steadfastly dedicated its expertise to the acquisition, exploration, and cultivation of natural resource properties. Currently administering both Cerro Las Minitas and Oro Polymetallic ventures, the company continues to underscore its enduring commitment to exploration success. Marrying a low market capitalization with minimal operating expenditures, Southern Silver is strategically poised to leverage its impressive asset base, heralding an era of prolific growth and prosperity for its cadre of investors.

Corporate Presentation, September 2023