SOUTHERN SILVER EXPLORATION Business Summary

Southern Silver Exploration Corp. (SSVFF) is a pre-revenue mineral exploration and development company primarily focused on the acquisition and advancement of high-grade precious and base metal deposits. Its business model centers on the "explore-to-develop" strategy, where value is generated through resource expansion, de-risking technical studies, and advancing projects toward production decisions or strategic divestiture. The company’s primary business segments are categorized by its geographical asset portfolio: the flagship Cerro Las Minitas (CLM) silver-lead-zinc project in Durango, Mexico; the Nazas gold-silver project; and the Oro and Hermanas copper-gold-silver projects in New Mexico, USA. As of February 2026, the company is focused on integrating the recently acquired high-grade Puro Corazon claim into an updated Preliminary Economic Assessment (PEA) for CLM. Southern Silver competes directly with other Mexico-focused silver developers such as Gatos Silver Inc., MAG Silver Corp., and Vizsla Silver Corp., positioning itself as a high-leverage junior explorer with one of the world’s largest undeveloped silver-lead-zinc resources. Leadership is anchored by President and Director Lawrence Page, K.C., a prominent figure in the mining industry credited with the discovery and development of world-class mines including Penasquito in Mexico and Eskay Creek in Canada. The executive team includes Robert Macdonald (VP of Exploration), who led the discovery of the Homestake Ridge deposit, and CFO Killian Ruby, a specialist in junior resource financial management. The Board of Directors was significantly bolstered in late 2025 by the appointment of Ramon Davila, a former COO of First Majestic Silver and former Minister of Economic Development for Durango, alongside Russell Ball, the former CFO of Goldcorp Inc. This high-pedigree leadership team, which maintains a 2.3% equity stake, is supported by a 33% institutional investor base. The company’s operational momentum was recently recognized by its inclusion in the 2026 TSX Venture 50, ranking 28th following a 401% increase in market capitalization over the preceding year.