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SSV.V ·

“A Manex Resource Group Company”

Corporate Updates

1100-1199 West Hastings Street, Vancouver, BC, V6E 3T5

“A Manex Resource Group Company”

April 4, 2017 SSV: TSX.V

OTCQB: SSVFF

SEG1: Frankfurt

SSVCL: Santiago

NR-03-17

Southern Silver Provides Corporate Update

Southern Silver Exploration Corp. (“Southern Silver”) reported that at its annual general meeting held on

March 30, 2017 the following directors were re-elected: Lawrence Page, Q.C., D. Roger Scammell, Eugene

Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough and Donald Head. In addition, the shareholders re-

appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver’s

rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved

for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

The following officers were re-appointed subsequent to the annual general meeting: Lawrence Page, Q.C. as

President, Graham Thatcher as Chief Financial Officer, and Arie Page as Corporate Secretary. The directors also

appointed Robert Macdonald as Vice President, Exploration of the Company.

Mr. Macdonald is the Vice President of Geological Services for the Manex Resource Group of companies and in

such capacity has been the Exploration Manager for several publicly listed companies including Homestake

Resource Corporation (formerly Bravo Gold Corp.), Southern Silver Exploration Corp., Valterra Resource

Corporation, Duncastle Gold Corp. and Fortune River Resource Corp. Mr. Macdonald has overseen the

exploration of many projects throughout North America including the discovery and delineation of the high-

grade 1.2 million ounce Homestake Ridge Au-Ag deposit in northern British Columbia and is currently advancing

Southern Silver’s 10 million tonne Cerro Las Minitas Ag-Pb-Zn project, Durango State, Mexico. Mr. Macdonald

graduated with a B.Sc. (Hons) from Memorial University of Newfoundland in 1990 and earned a MSc. from the

University of British Columbia in 1999. Over his career in the geosciences Mr. Macdonald's work has focused on

vein and intrusion-related gold systems and VMS environments. Prior to joining Manex, Mr. Macdonald worked

as a geologist with the British Columbia Geological Survey and Teck Exploration on projects in Alaska, Peru and

British Columbia.

About Southern Silver Exploration Corp.

Southern Silver Exploration Corp. is a precious metal exploration and development company with a focus on

the discovery of world-class mineral deposits in north-central Mexico and the southern USA. Our specific

emphasis is the 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, 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.

The Company engages in the acquisition, exploration and development either directly or through joint-venture

relationships in mineral properties in major jurisdictions. Our property portfolio also includes the Oro porphyry

copper-gold project located in southern New Mexico, USA.

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On behalf of the Board of Directors

“Lawrence Page”

Lawrence Page, Q.C.

President & Director, Southern Silver Exploration Corp.

For further information, please visit Southern Silver’s website at southernsilverexploration.com or contact us at

604.641.2759 or by email at [email protected].

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts

responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve

inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual

results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and

continued availability of capital and financing and general economic, market or business conditions. Southern Silver Exploration Corp. does not assume

any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent

required by applicable law.