South American Silver Appoints Phillip Brodie-Hall as
Chief Operating Officer
16 November 2011,
Vancouver, British Columbia-South American Silver Corp. (TSX:SAC, US OTC: SOHAF) is pleased to
announce the appointment of Phillip Brodie-Hall
as Chief Operating Officer of the company. His principal focus will be to lead
the technical teams in advancing the Company's Malku Khota silver-indium-gallium
project in Bolivia and Escalones copper-silver-gold project in Chile through
the development phases. Mr. Brodie-Hall has been a key member of project
development team over the past 2 years on a consulting basis and coordinated the
Malku Khota Preliminary Economic Assessment completed earlier in the year. The
updated PEA showed robust economics for a bulk-mineable heap leach operation
with the potential to be one of the largest new silver, indium and gallium
producing mines in development with 13.2 million ounces of silver, 80 tonnes of
indium and 15 tonnes of gallium produced annually for the first 5 years of
production.
As Chief Operating Officer, Mr. Brodie-Hall will oversee the
pre-feasibility level studies currently underway at Malku Khota and the start
of engineering studies at Escalones. Mr Brodie-Hall is a
professional engineer and manager with over 35 years of experience in
engineering, construction and project development in mining and mineral
processing. Prior to his new role with South American Silver, he held the
position of Vice President, Project Development for PolyMet Mining Corp.,
overseeing the design and feasibility of their large scale mining asset in
Minnesota. Mr. Brodie-Hall also gained extensive experience in the planning,
management, engineering and construction of a diverse number of global projects
during his 17 years at Bateman Engineering, including as General Manager of the
Bateman Group in Australia.
"We are very pleased
to have someone with Mr. Brodie-Hall's depth of experience in project
development take up the position of Chief Operating
Officer, during this period of rapid growth for the company," stated
Mr. Greg Johnson, President and CEO of South American Silver Corp. "We
welcome Phillip's leadership and vision on a full time basis as he adds to the
existing depth in the Company in exploration, metallurgy and operating/process
expertise. The building of our highly experienced development teams is key to
successfully advancing the Company's two projects and realizing the full
potential of these large scale assets. We look forward to reporting on a number
of important project development milestones, which we believe will broaden
shareholder value in the months ahead."
South American Silver Corp. is a growth focused
mineral exploration company creating value through the exploration and
development of the 100% owned Malku Khota silver-indium-gallium project in
Bolivia, one of the world's largest undeveloped silver-indium-gallium deposits,
and the large-scale 100%-controlled Escalones copper-silver-gold project
in Chile. The Company's approach to business combines the team's track record
of discovery and advancement of large projects, key operational and process
expertise, and effective community relations to increase shareholder value.
Management has extensive experience in the global exploration and mining
industry with much of that focused in Bolivia, Chile, Peru and Argentina. The
Company's shares are listed on the
Toronto Stock Exchange under the symbol "SAC" and on the US OTC
market as "SOHAF". Additional information related to South
American Silver Corp. is available at www.soamsilver.com and on SEDAR at www.sedar.com