Southern Silver Exploration Corp.

Southern Silver Exploration Corp.

April 10, 2006 13:25 ET

Southern Silver Closes Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 10, 2006) - Southern Silver Exploration Corp. (TSX VENTURE:SSV) (FWB:SEG) reported today that the company has now closed the previously reported $600,000 non-brokered private placement (April 3rd, 2006) of 600,000 common shares at a price of $1.00. All the common shares issued pursuant to this unit offering, including share purchase warrants exercisable at $1.00 for two years, carry a legend restricting the shares from trading for a period of four months to August 8th, 2006.

On behalf of the Board of Directors

"Robert E. Swenarchuk"

Robert E. Swenarchuk, Director,

Southern Silver Exploration Corp.

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. Southern Silver Exploration Corp. relies upon litigation protection for forward looking statements.

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