Announcement Date: 2022-02-14
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Southern Silver Exploration Corp.
Project name: Cerro Las Minitas
Location: Mexico
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 14.8m @ 185g/t Ag, 0.2g/t Au, 0.1% Cu, 2.8% Pb, 1.0% Zn from 303.2m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – February 14, 2022) – Southern Silver Exploration Corp. (TSXV: SSV) (“Southern Silver”) reported today that drilling continues to extend high-grade Ag-polymetallic mineralization at the newly identified North Felsite Target on the Cerro Las Minitas project, Durango, Mexico. The North Felsite target is an area located approximately 400 metres to the northwest of the La Bocona and Mina Pina shafts on the eastern side of the Cerro, in an area that was not included in the most recent NI43-101 Mineral Resource update on the property. The newly released polymetallic sulphide intercepts from the North Felsite target area include This current drilling tested down dip of previously reported intercepts from drill holes 21CLM-175 (1.9m est. TT of 1,530g/t AgEq; see NR-19-21) and 21CLM-172 (0.4mest. TT. of 610g/t AgEq; see NR-19- 21) and now extends the projection of mineralization within the North Felsite zone to over 400 metres below surface and upwards of 250 metres along strike, making it a potentially substantial discovery. More drilling remains to be completed on this target including lateral and down-dip step-outs of this newly identified lens of mineralization which will form the basis of further exploration on the property in 2022.
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