Southridge Announces Bonanza Gold & Silver Intersected in

Southridge Announces Bonanza Gold & Silver Intersected in Drilling at
the Gran Cabrera Mine in Cinco Minas, Mexico 
DALLAS, TX -- (Marketwire) -- 12/07/12 --  Southridge Enterprises
Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to
announce the completion of the drill program at Gran Cabrera property
in Cinco Minas, Mexico. 37 holes totaling 3,246m have been completed
at Gran Cabrera Mine and bringing the drill density to a higher level
which is more suitable for a mineral resources estimation.  
Assay results have been received for the first sixteen holes from
Gran Cabrera and continue to give outstanding results. 
Analytical Highlights of the Phase I diamond drill program: 

HOLE                                          TRUE       GOLD      SILVER   
NUMBER      FROM (m)    TO (m)     METERS     WIDTH (m)  (g/t)     (g/t)    
GCLP-104    62          89         27         26.3       3.8       363      
GCLP-121    252         274        22         20.5       2.6       267      
GCLP-133    140         163        23         21.6       5.9       684      
GCWK-22     167         185        18         16.9       8.9       528      
GCWK-26     236         249        13         11.4       6.2       728      
GCWK-29     88          107        19         17.6       5.8       1,230    
GCWK-34     124         146        22         19.8       3.9       915      

Additional drill results are being compiled and will be released as
they become available. 
For further information on the Company's Gold and Silver projects,
visit our website: 
Southridge Investors can access the following Southridge Minerals
social media channels: 
YouTube Cinco Minas Mexico Project:
About Southridge Minerals, Inc. (SRGE)
 Southridge Minerals, Inc. is
a U.S.-based mineral exploration company dedicated to acquiring and
developing mineral resources in geologically permissible and
politically stable areas of the world. The Company seeks out early
stage opportunities with good mineralization indicators that exhibit
significant blue-sky potential. Southridge pursues and advances these
projects that are or will be of interest to mid-size and major
producers. By forming alliances on individual projects, the Company
expects to develop its interests in mines operated by its partners,
allowing it to continue to build value through continued exploration.
Southridge is currently focused on projects in Mexico. 
What sets Southridge apart is its vast experience in Mexico and the
knowledge of the geological conditions and formations pertaining to
known large gold deposits that have received very little attention to
date. This comparative advantage, combined with a specific
geographical and mineral focus, will allow for more efficient asset
and income growth in the future for the benefit of shareholders'
Forward-Looking Statements
 Although the Company believes that the
forward-looking statement of beliefs, plans, expectations, and
intentions contained in this press release are reasonable, there can
be no assurance those beliefs, plans, expectations or intentions will
prove to be accurate. Investors should consider all of the
information set forth herein and should also refer to the risk
factors disclosed in the Company's published current and periodic
Southridge Enterprises Inc.
Investor Relations
Tel. (214) 699-6255
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