South American Silver Files Second Quarter Financial Statements

South American Silver Corp.(TSX:SAC) announced the filing of its second quarter financial statements. The Company announced the results for the three and six month periods ending June30, 2012.

As quoted in the press release:

As at June 30, 2012, the Company had working capital of $31.8 million, including cash and cash equivalents of $32.3 million. With these funds in place, the Company is in a strong financial position to expand activities at its Escalones project, to pursue compensation for the fair market value of the Malku Khota project, and to pursue other corporate initiatives.

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