Southern Silver Exploration Corp. (TSXV:SSV) – Drilling Extends North Felsite Down Dip
Southern Silver (SSV) reported results from seven holes at the North Felsite and El Sol targets at its 100%-owned Cerro Las Minitas (CLM) Ag-Cu-Pb-Zn project in Mexico. The North Felsite target is located on the northern side of Cerro, and ~400m to the NW of the La Bocona and Mina Pina shafts. All four holes drilled at North Felsite encountered mineralization with high-grade intervals and extended the known mineralization along a 250m strike and up to 425m in depth. We believe these are strong results from North Felsite, as these holes encountered high-grade mineralization that 1) extends the size of this zone, and 2) demonstrates the continuity of mineralization both within the skarn and the gold-rich hanging wall zone. North Felsite is well outside the current resource, and recent results suggest that this zone has a high likelihood of adding to the already large resource at Cerro Las Minitas (137Moz AgEq indicated + 198Moz AgEq inferred).