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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: | 3/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-3-2017: 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. 8.0m @ 601.6g/t Ag, 0.05g/t Au, 0.05% Cu, 7.1% Pb, 17.9% Zn from 691.3m | |
| Resources: | (Resource): 36.5Moz AgEq. (Ind.) and 77.3Moz 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 Winter 2017 core drilling program on the Cerro Las Minitas project, Durango State, Mexico. Drilling continues to intersect intervals of heavily disseminated to massive sulphide mineralization on the Blind Shoulder zone. These mineralized intercepts remain open laterally and reflects a flattening of the Blind Zone mineralization from a sub-vertical-orientation near surface, to a gently to moderately southwest-dipping horizon below 600m depth. Current drilling has now identified significant intervals of mineralization throughout an approximate 350m x 300m zone within the originally targeted 600m x 400m area. With approximately 4,280 metres now completed of the planned 10,000 metre US$2 million exploration program, further drilling with two core rigs will focus on continuing the systematic expansion of the Blind Shoulder mineralized zone. Mineralization in drill hole 16CLM-095 is a continuation of earlier reported mineral intercepts in the Blind Shoulder zone and significantly, contains much higher silver grades than earlier drilling in this part of the deposit. Further drilling to delineate this high-grade silver zone is planned for this target area. “Assay results from this recent drilling have returned some of the better silver and base metal grades on the project to date and continues to not only expand the dimension of the Blind Shoulder target but have also yielded further improvement in potential size, quality and scope of the Cerro Las Minitas project,” said Lawrence Page, Southern Silver’s President. “Our focus remains to establish this rapidly evolving district into one of the most significant economic polymetallic discoveries in our industry.” | |
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