VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 3, 2016) - Southern Silver Exploration Corp. (TSX
VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL) ("Southern Silver" or the "Company") reports that the Company has granted incentive stock
options to directors, officers and consultants to purchase 1,625,000 common shares. The options are exercisable at a price of
$0.30 per share for a period of five years and are subject to the policies of the TSX Venture Exchange.
Included in the above are 75,000 options that have been granted to the Company's investor relations consultant that
shall vest over a period of 12 months, with 25% being exercisable every three months, after the grant date.
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 with specific emphasis on our 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 Pitarilla. 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.
On behalf of the Board of Directors
Lawrence Page, Q.C.
President, Southern Silver Exploration Corp.
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 including but not limited to comments regarding the
timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery
processes, etc. 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. These statements are
based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for the company's projects, and the availability of financing for
the company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those
in forward looking statements include market prices, exploitation and exploration successes, 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.