Southridge Enterprises Inc. commenced a 50,000 meter exploration drill program at Gran Cabrera Gold & Silver Mining properties in Mexico, where previous underground workings stated grades from this area in the order of 200-500 gram Silver and 3.4 gram Gold based on average assays from chip and channel samples. Historical information stated that ore from the Gran Cabrera mines could obtain assays in the order of 9 kilograms (290 oz) silver and about 10.3 grams (0.3 oz) gold in bulk operations, all high-end bonanza grade values. Southridge's professional geological crew based in Guadalajara has been conducting surface exploration since mid July of 2012, and has successfully identified a number of drill targets.

The Company has focused its initial attention on a 1.3 km long zone centered on the Cabrera system of veins and stock-works. Numerous old adits have been mapped within this zone and more than 270 channel samples have been taken from the underground workings. One diamond core drills began operating in the first week of September with two additional drills scheduled to arrive in October.

The Gran Cabrera area is situated approximately 35 kilometers northwest of the Cinco Minas site on the south bank of the Rio Grande De Santiago. This river traces the main layout of the regional left lateral fault system joining the two sites. There are numerous parallel and sub parallel structures flanking the main system that provide pathways to several intrusive and extrusive features across the region.