Mr. Lawrence Page reports

SOUTHERN SILVER ANNOUNCES THE EXTENSION OF THE EXPIRY DATE OF CERTAIN COMMON SHARE PURCHASE WARRANTS

Southern Silver Exploration Corp. intends to apply to the TSX Venture Exchange for approval to extend the original expiry dates of an aggregate 37,300,477 share purchase warrants (see an attached table).

All other terms and conditions of the warrants will remain the same. In accordance with TSX-V policies, warrants issued as compensation to brokers and finders will not be extended. The proposed amendments are subject to TSX-V approval.

About Southern Silver Exploration Corp.

Southern Silver Exploration is an exploration and development company with a focus on the identification of world-class mineral deposits in major jurisdictions, advancing them either directly or through joint venture relationships. The company's specific emphasis is on advancing the 100-per-cent-owned Cerro Las Minitas project, one of the world's largest undeveloped silver-lead-zinc deposits, to a production decision.

Southern Silver has assembled a team of highly experienced technical, operational and transactional professionals to support its efforts in developing (recent robust preliminary economic assessment and updated mineral resource) the Cerro Las Minitas project into a premier, high-grade silver-lead-zinc mine. The company's property portfolio also includes the Oro porphyry copper-gold project, where a diamond drill program is under way, and the Hermanas gold-silver vein project, where permitting applications for the conduct of a drill program are under way; both are located in southern New Mexico, United States.

We seek Safe Harbor.