Southern Silver Exploration Corp. · TSXV:SSV

Southern Silver Exploration — Investor Presentation (March 2016)

24 slides from Southern Silver Exploration's investor presentation, March 2016

  1. Slide 1: March 2016

    SSV: TSX-V SEG1: FSE SSVCL: SSEV March 2016

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement Some of the statements contained in this presentation may be deemed “forward‐looking statements.” These include estimates and statements that describe the Company’s future plans, objectives or goals, and expectations of a stated condition or occurrence. Forward‐looking stat

  3. Slide 3: Southern Silver Exploration Corp.

    Southern Silver Exploration Corp. Southern Silver is an exploration company with projects in New Mexico and Mexico Exploration focus on the Cerro Las Minitas Project, Durango, Mexico • 2015 Option to Electrum Global Holdings L.P. ‐ US$5 million earn‐in over 4 years for a 60% total interest  US$2 mi

  4. Slide 4: Mining Investment Opportunities in Mexico

    Mining Investment Opportunities in Mexico Largest silver producer in the world • 144+ million oz/annum 2nd largest gold reserves in Latin America No limit of ownership of concession surfaces Favourable foreign investment policy and mining law Competitive cost structure for mineral exploration & prod

  5. Slide 5: Faja de Plata

    Faja de Plata Multiple world‐class mineral deposits Penasquito (Goldcorp Inc.) • P+P Reserves of 636.7Mt at 0.51g/t Au (10.55Moz) 29.7g/t Ag (611.17Moz) 0.31% Pb (3.76Blbs) and 0.75% Zn (9.1B lbs Zn) La Preciosa (Coeur Mining) • P+P Reserves of 36.9Mt at 100.1g/t Ag (188.7Moz) and 0.17g/t Au (2925,0

  6. Slide 6: Cerro Las Minitas Property Summary

    Cerro Las Minitas Property Summary • 32,719m drilled since 2011 • Historic small‐scale production • Target: +200M oz, AgEq contained within a +20Mt Ag‐Pb‐Zn deposit at 80‐120g/t Ag, 4‐ 8% Pb‐Zn combined1 • 9,112 metre – 2015 drill program completed with numerous high‐grade intercepts and new zones i

  7. Slide 7: Cerro Las Minitas - Infrastructure

    Cerro Las Minitas - Infrastructure Superior Location and Infrastructure ~25km • Located 70km NE of Durango (pop. 631,712) • Surrounded by significant Mineral Deposits and producing mines • Highway, road access and power lines Source: Google Earth, Map Data: INEGI, Google, Cnes/Spot Image, Bluesky, A

  8. Slide 8: Cerro Las Minitas - Overview

    Cerro Las Minitas - Overview Looking North from the Autopista Blind Zone El Sol Zone Mina La Bocona (High-grade (Deep high-grade Mina Santo Niño Discovery) Discovery) (High-grade discovery ) Extension South Skarn (New Discovery Zone) (Target) 8

  9. Slide 9: Cerro Las Minitas – Exploration and Discovery

    Cerro Las Minitas – Exploration and Discovery Hole 15CLM‐078 Hits High‐Grade Gold and Silver Work Completed by Southern Silver/Option partners from 2011‐15: • 86 core holes totaling 32,719m • Surface geochemical and biogeochemical sampling • Airborne Magnetics • IP/Gravity geophysics District‐scale,

  10. Slide 10: Schematic Cross-Section of Metal Zoning and Deposit Types

    Cerro Las Minitas Schematic Cross‐Section of Metal Zoning and Deposit Types Relatively shallow and localized drilling means that significant exploration upside remains Ag Ag-Pb-Zn Cu-Au Ag-Pb-Zn Ag SSV: TSX-V SEG1: FSE 10 SSVCL: SSEV

  11. Slide 11: Select 2011-2014 Intercepts from the Blind Zone and Other Targets

    Cerro Las Minitas Select 2011‐2014 Intercepts from the Blind Zone and Other Targets From To Interval Est. Tr. Thk. Ag Au Cu Pb Zn AgEq From To Interval Est. Tr. Thk. Ag Au Cu Pb Zn AgEq Hole No. m m m m g/t g/t % % % g/t Hole No. m m m m g/t g/t % % % g/t BLIND ZONE TARGET SOUTH SKARN TARGET 11CLM‐0

  12. Slide 12: Mina Santo Niño – Historical Small Scale Production

    Cerro Las Minitas Mina Santo Niño – Historical Small Scale Production Mina Santo Niño / Puro Corazon Drill core - 11CLM-006: Mina Santo Niño Santo Niño Waste Dumps - Site Visit 2013 SSV: TSX-V SEG1: FSE 12 SSVCL: SSEV

  13. Slide 13: 2015 Exploration Program

    Cerro Las Minitas – 2015 Exploration Program A Focus on Discovery 2015 Exploration Summary • $2 Million Expenditures • Diamond Drilling: 1 3 2 14 holes – 9,112m • Drill Assay Samples: 1,672 • Soil Samples: 984 • Surface Rock Samples: 51 • Acacia Samples: 131 SSV: TSX-V SEG1: FSE 13 SSVCL: SSEV

  14. Slide 14: Modelling and Targeting

    Cerro Las Minitas – Modelling and Targeting New discoveries at Cerro Las Minitas reveal extensive High‐Grade Ag‐Pb‐Zn resource potential on the Property El Sol Santo Nino El Sol Santo Nino 600m Blind Zone Blind Zone Puro Corazon 250 m Plan view – Blind - El Sol – Santo Nino zones showing 900 View lo

  15. Slide 15: 2015 Exploration Highlights

    Cerro Las Minitas – 2015 Exploration Program Exploration Highlights Assay results continue to expand the overall size of the deposits • Mina La Bocona Zone ‐ New high‐grade Ag‐Pb‐Zn Discovery – 7.8m (3.9m est. TT) of 13.5g/t Au, 37g/t Ag, 2.2% Pb and 1.7% Zn (1093g/t AgEq); in 15CLM‐078; – 16.5m (8.

  16. Slide 16: Mina La Bocona Target - New High-Grade Discovery

    Cerro Las Minitas – 2015 Exploration Mina La Bocona Target ‐ New High‐Grade Discovery 2015 Mina La Bocona Target Highlights 1 • High‐grade sulphide mineralization intersected in four holes which tested down‐dip of earlier historic and SSV drilling • Significant Intercepts: 15CLM‐078: 9.3m (4.6m est

  17. Slide 17: Exploration Highlights: Blind – El Sol Targets

    Cerro Las Minitas – 2015 Exploration Exploration Highlights: Blind – El Sol Targets 2 2015 Blind ‐ El Sol Target Highlights Drill hole CLM-081 • Expanded size and continuity of both the Blind and El Sol targets; • Mineralized zone now extends to the southeast 300 metres x 400 metres • High grade mas

  18. Slide 18: Exploration Highlights: Santo Nino Target

    Cerro Las Minitas – 2015 Exploration Exploration Highlights: Santo Nino Target 2015 Santo Nino Target Highlights 3 • High‐grade sulphide mineralization intersected down‐dip of historic working s within the contact skarn of the Central Intrusion • Significant Intercepts: 15CLM‐023A: 8.4m (5.7m est TT

  19. Slide 19: Blind – El Sol – Santo Nino – Bocona Highlight Intercepts

    Cerro Las Minitas – 2015 Exploration Blind – EL Sol ‐ Santo Nino – Bocona ‐ Highlight Intercepts From To Interval Est. Tr. Thk. Ag Au Cu Pb Zn AgEq From To Interval Est. Tr. Thk. Ag Au Cu Pb Zn AgEq Hole No. m m m m g/t g/t % % % g/t Hole No. m m m m g/t g/t % % % g/t BLIND ZONE TARGET MINA SANTO NI

  20. Slide 20: 2015 Property Scale Exploration

    Cerro Las Minitas – 2015 Property Scale Exploration Targeting New Discoveries • Airborne magnetic and multi‐element biogeochemical surveys highlight the District Scale potential of the property over a 25km strike length • Orientation Surveys in the areas of known mineralization provide a baseline fo

  21. Slide 21: Cerro Las Minitas - 2016 Looking Forward

    Cerro Las Minitas - 2016 Looking Forward Our Partner, Electrum Global Holdings L.P. committed to funding Phase II Drill program for 2016 • 2016 drill program to focus on aggressive expansion of known mineralization to depth and along strike • To identify new discoveries in the area of the Cerro and

  22. Slide 22: Oro Property - New Mexico

    Oro Property - New Mexico Option exercised Aug’13 • 100% owned by SSV Transitional from Faja de Plata to the Arizona Copper Belt • 11.9 sq. km comprised of: • 8 mineral patents • 2 state leases Geology Favorable for Large(1) Porphyry Discovery • Laramide age intrusive rocks cover much of the propert

  23. Slide 23: Oro Property

    Oro Property Historic mining district from the early 1900s; multiple high‐grade targets Deposit types • New bulk tonnage, near surface gold target (Stock Pond Gold) Rock Samples • Copper porphyry/skarn potential at depth 4.8g/t Gold 3.2g/t Gold 1.8g/t Gold Classic porphyry system zonation Stock Pond

  24. Slide 24: Corporate Information

    Corporate Information Capitalization Share Ownership Contact Information Shares Outstanding Management & Close Associates Email: ir@mnxltd.com Tel: 604.641.2759 • 54,483,436 • Management and Associates ~10% Options Outstanding • Electrum Global Holdings L.P. 46% Southern Silver Exploration • 5,208,7

Southern Silver Exploration — Investor Presentation (March 2016) on 6ix