South American Silver Announces Appointment of New Director

VANCOUVER, BRITISH COLUMBIA -- (Marketwired - Aug 27, 2013) - South American Silver Corp. (TSX:SAC) (OTCQX:SOHAF) (the "Company") is pleased to announce the appointment of Mr. Paul Sheehan as a Director of the Company. Mr. Sheehan brings a background focused on international finance and was the CEO and a founder of Thaddeus Capital Limited, a Hong Kong-based hedge fund. He was also previously associated with ING Bank NV in Hong Kong and with Lehman Brothers Asia where he was a Vice President and co-head of Asian bank research. Mr. Sheehan has been both an investor and lender in multi-commodity resource projects throughout Asia, Africa and South America.

Mr. Sheehan's education includes a BA in economics from the University of Albany, State University of New York, and a Masters Degree in Public and Private Management from the Yale School of Management. He also completed course work in Financial Risk Management at New York University.

In welcoming Mr. Sheehan's appointment to the Board, Ralph Fitch, Executive Chairman, stated, "We are very pleased to have Paul join the Board. He brings valuable experience in the international resource sector, particularly in the Asian financial markets. We are particularly pleased to have his experience in the international mining industry, which will certainly compliment the Company's Board of Directors. I look forward to working with Paul and know that he will be an important addition to our team."


About South American Silver Corp.

South American Silver Corp. is a growth focused mineral exploration company creating value through the exploration and development of the large scale Escalones copper-gold project in Chile, the pursuit of new opportunities and the realization of value from the Malku Khota project in Bolivia. 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 a focus on community relations and sustainable development. Management has extensive experience in the global exploration and mining industry. The Company's shares are listed on the Toronto Stock Exchange under the symbol "SAC" and on the US OTCQX market as "SOHAF". Additional information related to South American Silver Corp. is available at www.soamsilver.com and on SEDAR at www.sedar.com.



Contact

South American Silver Corp.
Phillip Brodie-Hall, President & CEO
604.681.6926
1.855.681.6926

South American Silver Corp.
Richard Doran, Investor Relations
303.584.0606
www.soamsilver.com