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Southern Silver Exploration Corp.
Summary
| Project: | Cerro Las Minitas | |
|---|---|---|
| Deposit: | Cerro Las Minitas | |
| Location: | Mexico | |
| Commodities: | Silver-Gold-Copper-Lead-Zinc | |
| Date: | 6/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-6-2017: Southern Silver Exploration Corp. announces an Exploration/Drilling Update report for its Cerro Las Minitas deposit at the Cerro Las Minitas project. Drilling results incl. 14.5m @ 288g/t Ag, 2% Cu, 0.8% Pb, 1.2% Zn from 1086.5m. Vancouver, Bri | |
| Resources: | (Resource): 36.5Moz AgEq. (Ind.) and 77.3Moz AgEq. (Inf.) | |
| CP/QP: | [Resources]: Garth Kirkham (Kirkham Geosystems Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - June 12, 2017) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) ("Southern Silver") reported today additional assay results from the 2017 core drilling program on the Cerro Las Minitas project, Durango State, Mexico, which identified a thick zone of silver-copper enriched mineralization in hole 17CLM-098. The mineralized intercept remains open to the north and east where it follows the skarn altered margin of the monzonite as it wraps around the northern edge of the central intrusion. This intercept is an approximate 300 metre step-out from previously reported high-grade mineralization in 17CLM-095 (8.0 metres est. TT of 602g/t Ag, 7.1% Pb and 17.9% Zn) and now opens up a new 800 metre strike-length of exploration potential along the North Skarn target. Mineralization in hole 17CLM-098 occurs in a crackle breccia hosted within the skarn-altered margin of the central intrusion at or near the transition from skarn into marbleized or re-crystallized limestone (Skarn Front). Further skarn alteration associated with some sulphide mineralization extends down hole within the monzonite and below the currently reported mineralized interval. This section of the hole has been sampled and assays are pending. Assay results from drill holes 17CLM-096 and 17CLM-097 returned narrower intervals of mineralization and seem to form the western edge of the current target area which remains open to the north and east. | |
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