Southern Silver Exploration (TSXV:SSV) Investor Overview

Overview

Will silver provide you a similar safety as gold? Some analysts say silver can shield you in instances of worldwide turmoil. It is extensively thought of a protected strategy to retailer worth, just like gold. As well as, silver sometimes has risky costs, which may profit traders. Analysts anticipate the valuable metallic to succeed in US$30 per ounce in 2022 in comparison with US$23 per ounce.

But, silver is greater than a treasured metallic used to hedge in opposition to inflation and uncertainty. It additionally has industrial makes use of that create a gradual demand for the valuable metallic. For instance, in 2021, roughly 508.2 million ounces of silver had been utilized in industrial fabrication, akin to producing photo voltaic panels and automotive electrical techniques. As well as, traders have choices; they will put money into silver bullion, commodities markets, or silver mining corporations to capitalize on the valuable metallic. So how will you revenue from silver?

Southern Silver Exploration (TSXV:SSV,OTCQX:SSVFF) is an exploration mining firm targeted on creating worth for shareholders from its distinctive silver belongings. The corporate’s initiatives are positioned all through North America, strategically positioned in politically protected mining areas. Its flagship mission, Cerro Las Minitas, is positioned in Durango, Mexico and is poised to change into one of many prime high-grade silver initiatives on the earth. Mexico is thought for containing high-grade silver deposits, and Southern Silver Exploration’s flagship mission is an undeveloped asset with glorious upside potential.

Durango has attracted different mining corporations because of its largely untapped potential. Fresnillo (OTCMKTS:FNLPF), SSR Mining (NASDAQ:SSRM), Coeur (NYSE:CDE) and Avino (TSX:ASM) are a number of the mining corporations with good belongings within the space. The presence of different mining corporations builds confidence and the area’s political stability and wealthy geological formations.

The 100-percent-owned Cerro Las Minitas Venture is a silver-lead-zinc property protecting 340 sq. kilometers, with the potential to change into one of many prime high-grade silver mines on the earth. The 2021 useful resource replace, at a US$60 per ton NSR cut-off, options an indicated mineral useful resource equating to 137 million ounces of silver equal 2.3 billion kilos of zinc equal, consisting of 42.1 million ounces of silver, 28 thousand ounces of gold, 44 million kilos of copper, 358 million kilos of lead, and 895 million kilos of zinc.

An inferred mineral useful resource equating to 198 million ounces of silver equal or 3.3 billion kilos of zinc equal, consisting of 73.6 million ounces of silver, 78 thousand ounces of gold, 98 million kilos of copper, 500 million kilos of lead, and 1,009 million kilos of zinc.. This estimate locations the asset on the earth’s prime 5 silver mines.

Southern Silver Exploration has created a mine lifetime of over 15 years, which can create enduring worth for a 3rd celebration which will purchase the mine sooner or later. As well as, the corporate’s price of exploration per ounce is C$0.09, which is way decrease than its competitors. Consequently, the Cerro Las Minitas mine might change into one of many prime three silver mines as growth continues.

The corporate has two extra, 100-percent-owned belongings, the Oro Copper-Gold Venture and the Hermanas Silver Gold-Silver mission. These belongings expose shareholders to extra markets past silver. As well as, in contrast to its flagship mission, these two belongings are positioned in New Mexico, USA.

An skilled administration group is main Southern Silver Exploration in the direction of its targets. Lawrence Web page, president and director, has a long time of expertise working with treasured metals and different pure useful resource corporations, and now leads Southern Silver Exploration. Robert W.J. Macdonald, vice chairman of exploration, has overseen silver and gold initiatives all through North America. The administration group contains extra specialists and consultants who assist advance Southern Silver Exploration’s targets.

A number of members of the administration group have expertise main initiatives inside Mexico. These leaders have a longtime community of relationships with Mexican nationals who work with the corporate in all elements of exploration and growth. Southern Silver Exploration is pleased with its constructive relationship with the native authorities.

Firm Highlights

• Southern Silver Exploration is a silver-focused exploration firm with three, 100-percent-owned initiatives, together with an undeveloped asset that’s poised to change into one of many world’s prime silver mines.
• The corporate’s flagship mission, Cerro Las Minitas, has an indicated useful resource of 42.1 million ounces of silver and an inferred useful resource of 73.6 million ounces of silver, putting it firmly within the prime 5 silver belongings on the planet.
• Cerro Las Minitas is positioned in Durango, Mexico, a protected jurisdiction that has attracted different mining corporations hoping to find prolific deposits.
• Two extra 100-percent-owned belongings expose traders to copper and gold markets.
• Southern Silver Exploration is led by a group of skilled mining professionals who convey their particular experience, and established relationships with native governments, to assist the corporate.

The corporate’s flagship mission is ready to change into one of many world’s best high-grade silver mines. A useful resource estimate accomplished in 2021 signifies the presence of an indicated useful resource of 42.1 million ounces of silver and an inferred useful resource of 73.6 million ounces of silver. The corporate is presently engaged on a Preliminary Financial Evaluation, which is predicted to be accomplished in Q2 of 2022.

Venture Highlights:

• Totally Permitted and Licensed Operation: The corporate has all the mandatory environmental permits, together with social license initiatives with the native Ejido.
• Important Exploration Accomplished: Southern Silver Exploration has spent US$30 million in exploration thus far, which has resulted in over 178 drill holes, protecting 80,000 meters all through the property.
• Adjoining Properties Acquired: The corporate has acquired close by properties to increase the accessible sources by exploring areas which have obtained little to no exploration.
• Hundreds of thousands of Ounces of Ore: The mission has an indicated 42.1 million ounces of silver with an indicated grade reaching 347 g/t silver equivalents. The mission additionally incorporates an indicated 895 million kilos of zinc and 358 million kilos of lead.

The 100-percent-owned asset is positioned in New Mexico, United States and incorporates a number of recognized targets that present traders with publicity to copper. The mission covers 22.4 sq. kilometers, comprising eight mineral patents and two state leases. An exploration program is underway, and airborne survey outcomes have outlined potential copper-gold porphyry targets.

Venture Highlights:

• Present Exploration Program: The corporate is conducting a six-hole, 400-meter core gap program to discover suspected copper-gold deposits additional.
• Favorable Geography: The Oro Venture has the potential to steer to an intensive porphyry discovery and incorporates near-surface gold targets.
• Historic Drill Holes Insufficient: The realm has obtained restricted exploration, and it’s believed that historic drilling applications terminated too early or had been drilled too extensively to find the copper-gold mineralization that has been recognized because of fashionable exploration methods.

The newly acquired mission has favorable geology which will comprise an in depth epithermal gold-silver vein system. Nevertheless, restricted historic drilling leaves the mission space largely unexplored. The asset has been optioned by Southern Silver Exploration to accumulate 100% of the mission.

Venture Highlights:

• Exploration Packages Deliberate: The mission space has obtained restricted exploration, creating thrilling potential. Mapping, sampling, and goal definition are slated for Q2 2022.
• Assays Point out Potential at Depth: Accomplished surveys indicated high-level textures that counsel nice potential at depth. As well as, a number of occurrences of anomalous silver and gold metals will assist establish drill targets.

Administration Workforce

Lawrence Web page – President & Director

Lawrence Web page obtained his legislation diploma from the College of British Columbia in 1964. He was referred to as to the bar of British Columbia in 1965, the place he has continued training in pure useful resource legislation and company and securities legislation. By way of his expertise with pure useful resource corporations; and, specifically, treasured metals growth, Web page has established a novel relationship with financiers, geologists, and consultants. He has been counsel for public corporations which have found and developed producing mines in North America. Particularly, he has been a director and officer of corporations which have found and delivered to fruition the David Bell and Web page Williams mines in Ontario, the Snip, Eskay Creek, and Mascot Gold Mines in British Columbia, in addition to the invention of the Penasquito Mine in Mexico. Web page is the principal of the Manex Useful resource Group of Vancouver, which offers administrative, monetary, company, company finance, and geological providers to a number of public corporations within the mineral useful resource sector. He at the moment serves as a director of 4 public corporations, together with Bravada Gold, Southern Silver Exploration, Fairness Metals, and Valterra Useful resource.

Robert W.J. Macdonald – Vice President of Exploration

Mr. Macdonald is at the moment the vice chairman of geological providers for the Manex Useful resource Group; and, in such capability, has been an govt for a number of publicly listed corporations, together with Fairness Metals, Homestake Useful resource,previously Bravo Gold, and Southern Silver Exploration. Macdonald served as exploration supervisor for Valterra Useful resource, Duncastle Gold, and Fortune River Useful resource. He has overseen the exploration of many initiatives all through North America together with the invention and delineation of the high-grade 1.2 million ounces Homestake Ridge gold-silver deposit in Northern British Columbia. Macdonald is at the moment advancing Southern Silver’s 23.9 million tonne Cerro Las Minitas silver-lead-zinc mission in Durango State, Mexico. Macdonald graduated with a bachelor’s of science diploma, with honours, from the Memorial College of Newfoundland in 1990, after which he earned a grasp’s of science diploma from the College of British Columbia in 1999. Over his profession in geosciences, Macdonald’s work has targeted on vein and intrusion-related gold techniques, volcanogenic large sulphide (VMS), and epithermal environments. Earlier than becoming a member of Manex, Macdonald labored as a geologist with the British Columbia Geological Survey and Teck Exploration on Alaska, Peru, and British Columbia initiatives.

Graham Thatcher – Chief Monetary Officer

Graham Thatcher moved from London, England, to Vancouver, British Columbia, in 2006. Specializing in monetary reporting and auditing throughout a breadth of enterprise sectors within the UK and Canada, he brings intensive expertise working with Worldwide Monetary Reporting Requirements (IFRS) and paperless techniques. He’s additionally a senior accountant at Manex Useful resource Group, which offers administrative, monetary, company, company finance, and geological providers to a number of public corporations within the mineral useful resource sector. Earlier than this, he labored in public follow at Smythe Ratcliffe, specializing in corporations within the mining and exploration sector. Thatcher obtained a bachelor’s of arts diploma in economics, with honours, from Lancaster College in 1995, which included a one yr program on the College of British Columbia. He’s additionally a member of the Affiliation of Chartered Licensed Accountants (ACCA) and a volunteer board member and treasurer at Heritage Corridor Preservation Society, a non-profit charitable group whose mandate is to revive and handle Heritage Corridor, a landmark constructing positioned in Vancouver.

Arie Web page – Company Secretary

Arie Web page obtained her legislation diploma in 2004 and was referred to as to the bar of British Columbia in 2005. Web page has labored with public useful resource corporations within the minerals sector for over 14 years. Presently, she serves as company secretary to a number of reporting issuers, together with Bravada Gold, Pacific Ridge Exploration, Southern Silver Exploration., Fairness Metals, Valterra Useful resource, and Velocity Minerals.

Roger Scammel – Director

Roger Scammell has 40 years of expertise within the mining and exploration trade in North America, México, and Guatemala, principally with epithermal gold-silver, polymetallic base metallic, and nickel and coal deposits. He was the nation supervisor of México for Teck and its Mexican subsidiary, Minera Teck, from 1992 to 2002. Beneath his course, Minera Teck found the 72 million tonne San Nicolas volcanogenic large sulfide deposit in Zacatecas, México and the El Limon gold skarn in Guerrero, México. From 2004 till December 2010, he was initially the vice chairman of exploration and later president of Scorpio Mining and its Mexican subsidiary Minera Cosalá. Throughout this time, he was accountable for the administration and execution of the exploration, growth, and preliminary manufacturing of the Nuestra Señora polymetallic silver mine in Sonora, México, supervising the development of the 1,400-tonnes-per day flotation mill.

Eugene Spiering – Director

Eugene Spiering is an exploration geologist with over 30 years of worldwide expertise in mineral exploration and senior-level mission administration within the Western United States, South America, and Europe. As vice chairman of exploration with Rio Narcea Gold Mines, he participated in each side of the mining trade from discovery by means of mission growth and manufacturing of the El Valle gold and Aguablanca nickel mines in Spain. He was beforehand vice chairman of exploration for Quaterra Sources and Duncastle Gold. Spiering is a registered member of the Society of Mining, Metallurgy, & Exploration and a fellow member of Australasian Institute of Mining and Metallurgy.

Nigel Bunting – Director

Nigel Bunting relies in London and is an lively participant in a number of private and non-private useful resource ventures. He’s a director of Bravada Gold and Southern Silver Exploration, each corporations quoted on the TSXV trade. Bunting identifies early-stage alternatives within the useful resource sector and arranges financings to advance initiatives to the general public market. He’s a director of Anglia Registrars, buying and selling as Inform Direct, one of many UK’s main cloud-based expertise corporations referring to firm formation, administration, and secretarial providers. Bunting can also be a director of MFB Company Member, an insurance coverage underwriter at Lloyds of London.

Dr. Larry Buchanan – Director

Dr. Larry Buchanan serves because the chief geologist and president of Electrum Sources. Dr. Buchanan has served because the chief geologist of Apex since 1995. Earlier than that, he served as a principal advisor of worldwide operations at Apex Silver Mines. He’s a famous exploration geologist with a popularity as one of many trade’s main consultants on epithermal deposits. He has written a definitive textual content that describes the genesis and exploration of treasured metallic epithermal veins techniques. Dr. Buchanan serves as a director of Begeyge Minera. He was beforehand a director of TintinaGold Sources, previously Mantra Mining, from 2009 to 2011. His evaluation of such deposits has given rise to the trade paradigm referred to as ‘The Buchanan Mannequin.’ He has performed an important position in figuring out a number of multi-million-ounce gold deposits and developed implementation applications for quite a few at the moment producing mines. His consulting shoppers included Cyprus Minerals, FMC, Complete Sources, and Fischer-Watt Gold. Dr. Buchanan is the 2006 recipient of the Thayer Lindsley award for locating the San Cristobal mine, positioned within the Potosi Mining district of Bolivia. He holds a bachelor’s of science and a doctoral diploma in financial geology from the Colorado Faculty of Mines.

Peter Cheesbrough- Director

Peter Cheesbrough is president of the exploration division of The Electrum Group. He has over 30 years of expertise as a senior monetary govt of private and non-private corporations in numerous industries, together with mining. He was the chief monetary officer of Echo Bay Mines. Most just lately, Cheesbrough was chief monetary officer of ZeaChem, and the chief vice chairman and chief monetary officer for CIBER, a worldwide data expertise consulting, providers, and outsourcing firm listed on the NYSE. He’s a fellow of the Institute of Chartered Accountants in England and Wales and a member of the Institute of Chartered Accountants of Alberta.

Gina Jones – Director

Gina Jones is the chief monetary officer and chief compliance officer of PenderFund Capital Administration. Beforehand, Jones was the chief working officer and chief monetary officer of an impartial brokerage agency in Vancouver, additionally serving as CFO for its US subsidiary. Earlier than that, Jones was CFO at two Vancouver funding sellers. She holds a bachelor’s of commerce diploma from UBC, articled with PricewaterhouseCoopers, and is a chartered skilled accountant (CPA), chartered accountant (CA) and has a company finance (CF) specialty designation. As well as, she holds the ICD.D designation from the Institute of Company Administrators.

Russell Ball – Director

Russell Ball is the previous chief govt officer and govt chair of Calibre Mining. Beforehand, Ball was govt vice chairman and chief monetary officer of Goldcorp, a task he assumed in March 2016 after initially becoming a member of Goldcorpin 2013 and serving as govt vice chairman of capital initiatives, technique, and company growth, together with oversight of their major progress initiatives. Earlier than his position with Goldcorp. He served in various capacities at Newmont Mining for nearly 20 years, culminating along with his appointment as govt vice chairman and chief monetary officer. He at the moment serves on the Trevali Mining and CopperBank Sources boards.