Tag: Southern Silver Exploration Corp.

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).

Southern Silver (SSV) reported results from six holes at the North Felsite target 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. These results indicate that the identification of a new lens of mineralization on the north side of Cerro highlights the continued exploration potential of the property. In our view, these are positive results that delineate more high-grade mineralization in yet another zone at CLM. The North Felsite target has only seen limited previous drilling and is outside the already large resource on the project (137M oz AgEq Indicated + 198M oz AgEq Inferred). Given that every hole encountered mineralization, with multiple intersections in almost every hole, this demonstrates continuity and bodes well for SSV to further add to the resource base.