Progress Updates at South American Silver’s Escalones and Malku Khota Projects

South American Silver Corp.(TSX:SAC) announced highlights of its recent progress at both its Escalones and Malku Khota projects. Exploration and development programs along with enigneering and metallurgical testing are currently underway at both projects.

Highlights include:

• Escalones drilling currently underway for Phase II exploration program with approximately 7,000 meters of drilling planned into Q2-2012.
• Escalones resource update targeted for mid-2012 with Preliminary Economic Assessment Q4-2012.
• Malku Khota exploration program underway to support a planned 20,000 meters of in-fill and expansion drilling.
• Malku Khota Pre-feasibility level engineering work in progress focused on optimization and production level expansion opportunities with an updated Economic Assessment study targeted for release Q2-2012. Feasibility activities are scheduled to begin in the second half of 2012.

Click here to read the South American Silver Corp. (TSX:SAC) press release