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Company NewsThursday, February 26, 2009 South American Silver announced the results of a NI 43-101 compliant Preliminary Economic Assessment Study (“PEA”) on its 100% owned Malku Khota silver-indium-gold project located in central Bolivia. The study includes a Base Case with a pre-tax undiscounted NPV of US$1,233 Million (0% discount rate) and IRR 50.7%. The PEA was prepared by Pincock Allen & Holt (“PAH”) and is based on the earlier NI 43-101 resource estimate that PAH had
prepared in September 2008 (see SASC PR08-12). Map Legend: Producer Past Producer  Development  Exploration |
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