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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: | 6/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-6-2016: 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. 30.4m @ 107.4g/t Ag, 0.07g/t Au, 0.40% Cu, 1.1% Pb, 2.3% Zn from 683.7m | |
| Resources: | (Resource): 3.724Mt @ 305g/t AgEq. (Ind.) and 6.611Mt @ 363g/t AgEq. (Inf.) | |
| CP/QP: | [Overall Report]: Robert Macdonald (Not stated) | |
| ABSTRACT: | Southern Silver Exploration Corp. (TSX.V:SSV) (“Southern Silver”) reported today assay results from the first two holes (CLM-087/-088) from 2016 core drilling on the Cerro Las Minitas project, Durango State, Mexico which identified a new thick interval of continuous polymetallic semi-massive and massive sulphide mineralization in drill hole 15CLM-088. Mineralization in drill hole 16CLM-088 occurs in skarn on the margin of the Central Intrusion. Significantly, the intercept in 16CLM-088 is one of the thickest intervals of continuous highgrade mineralization identified on the property to date. The mineralization is open both down dip, to the west, and along strike to the north and northwest and represents an aggressive (~200 metre) step out from the previously modelled Blind and El Sol deposits and specifically drill hole 15CLM-081 (16.8m down hole interval 136g/t Ag, 0.5% Cu, 0.3% Pb and 4.5% Zn or 361g/t AgEq; see NR-14-15, December 1, 2015). | |
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