Next Major Silver Mine In Mexico – Southern Silver Exploration Corp. | VRIC 2026

Published on: Feb 24, 2026
Author: Tony Zhou

At VRIC 2026, we spoke with #Southern Silver Exploration Corp. (TSXV: SSV) Vice President of Exploration, Robert W.J. Macdonald, who elaborated on these recent company updates and next steps. Southern Silver’s growth strategy is to focus on the development of quality assets in significant mineralized trends, close to infrastructure. Recent work on the company’s flagship Cerro Las Minitas project outlined a preliminary economic assessment with an after tax NPV5% of US$501M and an IRR of 21.2%. For additional details, see news release dated June 10th, 2024 and report dated July 23rd, 2024 here. Southern silver also recently acquired an option to own 100% of the exciting greenfields Nazas project, 12km from Endeavour Silver’s Pitarilla project, where exploration since the 1990s has discovered several drill-ready high-grade Au-Ag-Polymetallic Targets. Combined with a low market capitalization and low operating costs, this provides an excellent opportunity for future corporate growth and an increase in shareholder value.

Southern Silver Exploration Corp. is an exploration and development company with a focus on the discovery of world-class mineral deposits either directly or through joint-venture relationships in mineral properties in major jurisdictions. Our specific emphasis is the 100% owned Cerro Las Minitas #silver -lead-zinc project located in the heart of Mexico’s Faja de Plata, which hosts multiple world-class mineral deposits such as Penasquito, Los Gatos, San Martin, Naica and Pitarrilla. We have assembled a team of highly experienced technical, operational, and transactional professionals to support our exploration efforts in developing the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine. Our property portfolio also includes two projects in southern New #Mexico : the Oro porphyry/CRD copper-gold project; and the Hermanas gold-silver vein project, where an application has been submitted for a drilling program.

For more information, please visit their website.

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