Lawrence Page, Q.C., Southern Silver’s Chairman and Director, stated: “Upon completion of the transaction the benefits to Southern Silvers shareholders and investors will be significant. Sole ownership of the Project inclusive of the significant resources developed to date allows us great latitude in developing the Project for substantial resource growth. The transaction will also provide a 150% increase in attributable resources which will be highly accretive to Southern Silver shareholders.”

GR Silver Mining President and CEO, Marcio Fonseca, commented, “We continue to systematically review the extensive un-released historical and recent drill hole database at the Plomosas Silver Project. The review confirms the presence of high-grade Au-Ag zones, which were not previously explored and evaluated by previous owners, nor integrated into a resource estimation. Most of the new mineralized veins are accessible through existing underground development, which facilitates planning of additional underground drilling and provides opportunities for new discoveries.”

Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to continue our joint program and although having to modify the work program during the COVID times, BHP has been steadfast with Riverside in commitment to the exploration potential and discovery work we have in front of us while adjusting to the realities of working safely with regard for all stakeholders. Last year we acquired ground and now with this new funding we can progress in unlocking the value and acquiring additional prospects. We are excited for the progress and potential of this collaborative copper program and see great potential for drilling copper discoveries in Sonora.”

“La Joya is an advanced exploration and development stage project that will provide our shareholders with tremendous leverage in a rising metals market,” said Mike Romanik President of Silver Dollar. “The Property’s regional targets are of particular interest as they have never been followed up and their exploration potential remains untapped. The transaction also gives us an opportunity to work with First Majestic, one of the largest silver producers in Mexico.”