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Be the first with the news that moves the market- Southern Silver (SSV) is reporting high-grade silver returns from its Cerro Las Minitas Project
- The results are from the project’s North Felsite Target
- Drill results continue to extend the under-exploration target
- Drilling now confirms the continuity of mineralization with previously modelled mineral resources
- Southern Silver is down 2.56 percent, trading at $0.19 at 11:50 am ET
Southern Silver (SSV) is reporting high-grade silver returns from its Cerro Las Minitas Project.
The results are from the project’s North Felsite Target in Mexico.
The Vancouver mineral exploration company returned drill results that show silver-polymetallic mineralization laterally to the east and west in the target area. Drill results continue to extend the under-exploration target.
Drilling now confirms the continuity of mineralization with previously modelled mineral resources in the Mina La Bocona and the Skarn Front deposits.
The company continues to identify gold enrichment in several hanging wall intercepts outboard of the main skarn target. It has also identified high-grade copper mineralization in the North Skarn target area.
“These latest drill results have now confirmed the continuity of new mineralization over an approximate 400 metre strike-length extending laterally from the Mina La Bocona to the Skarn Front deposits. Mineralization remains open at depth in both the North Felsite and the North Skarn targets with assays from two holes, 22CLM-192 and -193, pending. Continuous to semi-continuous mineralization has now been identified around the circumference of the Central intrusion with the exception of the southwest quadrant which remains to be explored by diamond drilling,” said Vice President of Exploration Rob Macdonald.
Further results are pending.
The Cerro Las Minitas project remains one of the world’s largest undeveloped silver/lead/zinc resources.
Southern Silver is down 2.56 percent, trading at $0.19 at 11:50 am ET.
