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NEWS

February 2, 2012

Southern Silver Engages Auburn Partners as Investor Relations Consultants

Southern Silver Exploration Corp. ("Southern Silver" or the “Company”) (TSX-V:SSV) is pleased to announce the engagement of Auburn Partners Inc. ("Auburn Partners") as investor relations consultants to the Company.  Auburn Partners will focus on developing and expanding Southern Silver's communications with the investment community through a comprehensive investor relations program.  Auburn Partners will provide investor relations services in general, and in particular, will provide services in furtherance of increasing the Company's profile.  Auburn Partners will receive a monthly fee of $5,000 for professional services for a period of 3 months, which may be extended by both parties.  Neither Auburn Partners, nor any of its employees own securities, directly or indirectly, in Southern Silver.  In connection with the engagement of Auburn Partners, Southern Silver will grant an aggregate 150,000 incentive stock options to the principals of Auburn Partners at an exercise price of $0.15 per share exercisable for a period of five years, and vesting as to 25% each quarter during the first year.  This consulting agreement between the Company and Auburn Partners is subject to acceptance by the TSX Venture Exchange.

About Auburn Partners Inc.

Auburn Partners is a boutique investor relations firm focused on resource-based public companies. Auburn's primary role is to assist clients in gaining exposure to the Canadian investment community and to increase investor awareness.  

About Southern Silver Exploration Corp.

Southern Silver is a precious/base metal exploration company and a member of the Manex Resource Group; a private company comprised of an exceptional multi-disciplinary team of professionals with specific expertise in all areas of exploration, development, corporate finance and public company administration.

Southern Silver's growth strategy is to acquire, explore and develop high-quality properties in progressive jurisdictions within North America. Its current projects include the silver-lead-zinc Cerro Las Mintas project and the copper-gold-silver Minas de Ameca in Mexico, the porphyry copper-molybdenum Dragoon project in Arizona and the gold-silver Oro project in New Mexico.

 

On behalf of the Board of Directors

“Lawrence Page”

Lawrence Page, Q.C.
President and Director, Southern Silver Exploration Corp.

 

For further information, please visit Southern Silver’s website at southernsilverexploration.com or contact Liana Shahinian at 1.888.456.1112 or by email at liana@mnxltd.com.

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.