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NEWS

January 18, 2006

Southern silver Expands Arizona Copper Prospect
Southern Silver Exploration Corp. reported today the completion of an aggressive staking program in the Tombstone district of southeastern Arizona . The company has expanded its original 200 hectare claim block by approximately 1600 hectares to enclose a discrete magnetic high located 1.8 kilometres to the east of the original claims.

The company said the additional land acquisition was driven by the recently completed compilation of detailed mapping and airborne geophysical data that has revealed evidence of a previously unrecognized and unexplored porphyry copper system with possible silver-rich satellite replacement bodies under shallow pediment cover.

Dr. Linus Keating, who conducted the recent mapping and sampling program on behalf of Southern Silver, noted that the project has the potential to develop into a major exploration target in the prolific Tombstone district . "There is a good possibility that the property may be part of a large porphyry / silver replacement system that is virtually unexplored," Dr. Keating said.

Key features of the newly expanded Tombstone South property include:

- Previously recognized and drill-tested, deep Cu-porphyry mineralization immediately west of the original property.

- Receptive host rocks present at relatively shallow depths on the property, known to host significant precious and base-metal deposits elsewhere in Arizona.

- Untested structural zones similar to those that host high-grade Tombstone-style mineralization.

- Presence of high-grade mineralization indicated by current surface sampling and previous drill hole testing on the property.

Geochemical and alteration zoning along deep-penetrating, through-going structures, that vector towards a relatively unexplored area under presumed shallow gravel cover.

The presence of a prominent geophysical anomaly, within the newly acquired claim block providing a "district scale" target.

Technical Summary:

The Tombstone South Property, comprising 1800 hectares of Arizona State and BLM mining claims, is located in Cochise County in southeastern Arizona . The property is 120 kilometres from Tucson and is immediately to the southwest, and contiguous with, the historic Tombstone Mining District. Bonanza silver ores, totaling over 50 million metric tonnes were mined from the Tombstone District in the late 1800's and early 1900's from clusters of Ag-Pb-Mn-rich carbonate replacement bodies in the highly prospective Cretaceous-age lower Bisbee formation and underlying Paleozoic limestones, spatially associated with a prominent district-wide magnetic high.

Although not exposed at the surface on the Tombstone South property, the Lowermost Bisbee Group and the Paleozoic-age Naco Formation are inferred to be present at relatively shallow depths (<400 metres) based on surface mapping and drillhole compilation for the original northwestern part of the property. Elsewhere in Arizona these units host significant mines, such as those at Bisbee (2.8 MMoz Au, 102 MMoz Ag and 7.8 billion lbs Cu), Christmas (0.36 billion lbs Cu) and Magma (0.7 MMoz Au, 34.5MMoz Ag and 2.5 billion lbs Cu).

Mineralization on the property is hosted along a series of east-northeast-trending structures up to 600m in exposed length. Mineralized fault breccias along these structures progress easterly and southerly from silver-lead-manganese-rich on the west, to more copper-silver-rich towards the east gravel-covered target area. Select chip and dump samples from the fault breccias on the west have assayed from 1.0 oz/t Ag to 18.6 oz/t Ag and up to 7% Pb while veins to the east returned assays of up to 0.012 oz/t Au, 26.5 oz/t Ag, 3% Cu, 3.1% Pb and 1.67% Zn. Mineralization along these structures is interpreted as leakage from a more robust mineralizing system hosted by more favorable lithologies at depth and to the east.

Only three drill holes have tested to depths beyond 150 metres on the original property. Two of these holes returned high-grade values, including 45 metres of +1.0 oz/t Ag with 3.0 metres of 9.8 oz/t Ag in one drill hole and 3.1 metres of carbonate replacement-style massive sulphide in the second drill hole that assayed 3.3 oz/t Ag, 6.0% Pb and 0.038% Mo. No drill holes are known to exist in the newly added east pediment area.

Geochemical sampling and vein alteration styles provide an exploration vector from the known zones of surface mineralization on the west towards the relatively unexplored gravel-covered area to the south and east. Recently acquired airborne magnetic geophysics reveals that this same gravel-covered area hosts a prominent magnetic high centered 1.8 kilometres to the east of the eastern-most surface vein sampling. The pattern of magnetic lows peripheral to the magnetic high is reminiscent of a classic geophysical expression of a buried porphyry system. Coupled with geochemical and alteration vectors, this magnetic high provides a large and promising district-scale target for future exploration. "Following these alteration and vein-morphology vectors towards this magnetic high may be the key to new discoveries in this great old District," said Dr. Keating.

On behalf of the Board of Directors,

"Lawrence Page"
Lawrence Page QC, President, Director
Southern Silver Exploration Corp.

For further information visit www.southernsilverexploration.com or please contact Jay Oness at 1-888-456-1112 / 604-684-9384 or by email at corpdev@mnxltd.com