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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: | 9/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-9-2017: 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. 10.9m @ 194g/t Ag, 0.79g/t Au, 0.1% Cu, 4.4% Pb, 2.0% Zn from 356.9m. Va | |
| Resources: | (Resource): 36.5Moz AgEq. (Ind.) and 77.3Moz AgEq. (Inf.) at project | |
| CP/QP: | [Overall Report]: Robert Macdonald (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - September 6, 2017) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) ("Southern Silver") reported today that it has intersected the down-dip projection of two mineralized zones in the newly identified Las Victorias target located southeast of the known mineral deposits on the Cerro Las Minitas project, Durango State, Mexico. The mineral intercepts from drill hole 17CLM-105 are significant since: Results from hole 17CLM-105 confirm the identification of relatively shallow, precious-metal-enriched mineralized intervals in two separate zones which remain open and largely untested for over 500 metres laterally to the southeast and for up to a 500m down-dip projection (see Figure 2). Approximately 13,400 metres in 18 drill holes have now been completed in the planned US$2 million 2017 exploration program. Drilling is nearly completed on the final drill hole, 17CLM-106; the results from which will be released upon the receipt of final assays. President Lawrence Page, Q. C. stated that, "Our exploration team has excelled in advancing the Cerro Las Minitas project this year through the discovery and delineation of an additional deposit which is open for further exploratory and definition drilling. We are very keen to soon receive a current Resource Report which will be accretive to the March 2016 Report and will incorporate data from the +13,000 metres of additional drilling completed in 2017." Work on the Cerro Las Minitas project through the Fall 2017 will include an independent update of the 2016 Mineral Resource Estimate, additional metallurgical studies and further advancement and development of the exploration targets on the Biznagas and Los Lenchos claims. | |
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