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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: | 1/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-1-2017: 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. 15.1m @ 39.4g/t Ag, 0.01g/t Au, 0.05% Cu, 0.1% Pb, 10.2% Zn from 662.8m | |
| 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 Fall 2016 core drilling on the Cerro Las Minitas project, Durango State, Mexico which identified a thick interval of semi-massive and massive sulphide mineralization in drill hole 16CLM-091. Mineralization in drill hole 16CLM-091 occurs in skarn near the margin of the Central Intrusion within the Blind Shoulder target and appears to confirm the flattening of the mineralized zone in this part of the deposit. Significantly, the mineralization in 16CLM-091 contains some of the highest grade zinc intercepts drilled on the project to date by Southern Silver. The mineralization is open both down-dip to the southwest and along strike to the north and northwest and represents a 150 metre step-out from previously reported mineralization in hole 13CLM-066 (9.3 metres averaging 9.4g/t Ag, 0.13% Cu and 13% Zn; see NR-10-13, July 16, 2013), a 85 metre step-out from hole 15CLM-081 (16.8 metres averaging 136g/t Ag, 0.5% Cu, 0.3% Pb and 4.5% Zn; see NR-14-15, December 1, 2015) and a 250 metre step-out from hole 16CLM-088 (30.4 metres averaging 107g/t Ag, 0.4% Cu, 1.1% Pb, and 2.3% Zn; see NR-14-16, June 13, 2016). The above intervals are quoted as down hole thickness. | |
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