RedChip Visibility Initiates Research Coverage on South American Silver


ORLANDO, Fla., June 29, 2010 (GLOBE NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., has initiated coverage on South American Silver Corp. (TSX:SAC), an exploration stage mineral company engaged in the exploration and development of the 100% owned Malku Khota silver-indium project in Bolivia and the 100% owned Escalones copper-gold project in Chile.

To receive a complimentary copy of the RedChip Visibility Initial Research Report for SAC, please visit: http://www.redchip.com/about/aboutmain.asp?rid=259">http://www.redchip.com/about/aboutmain.asp?rid=259

To learn more about South American Silver Corp. visit: http://www.redchip.com/visibility/investor.asp?symbol=SAC.TO

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 100% owned Malku Khota Silver-Indium project in Bolivia, one of the world's largest undeveloped silver and indium deposits, and the 100% owned large-scale Escalones Copper-Gold project in Chile. The Company's approach to business combines the team's track record of world-class discoveries and successful project development and integrates strong community relations and corporate social responsibility. Management has over 100 years of combined experience in the global exploration and mining industry with much of that focused in Bolivia, Chile, Peru and Argentina.

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV™, Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.

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The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761

Disclosure

None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Any investor should determine whether a particular security is suitable based on the investor's objectives, other securities holdings, financial situation needs, and tax status. South American Silver Corp. ("SAC") paid RedChip Visibility, a division of RedChip Companies, Inc., thirty thousand dollars for eleven months of RedChip Visibility Program services, which includes the preparation of the equity research reports. The equity research report(s) are prepared for informational purposes only and were paid for by the company portrayed in the report. Information contained in the equity research report(s) is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. These reports are not a recommendation of a solicitation to purchase or sell any security, nor do they constitute investment advice. RedChip Companies, Inc., is currently engaged by this company to provide investor awareness services. Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. South American Silver Corp. agreed to pay RedChip Companies, Inc., a fee of thirty thousand dollars in cash for eleven months of these investor relations services and, subject to approval by the Toronto Stock Exchange, warrants to purchase up to two hundred thousand shares of common stock with an exercise price of eighty cents per share, exercisable for a period of twenty four months. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein.



            

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