Business
Southern Silver Confirms New Gold Zone at Cerro Las Minitas with a 28.5 Metre Intercept Averaging 1.41g/t Au and 36g/t Ag, (201g/t AgEq)
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2020) -  Southern Silver Exp...
About this update from Southern Silver Exploration Corp.
[{"type":"text","content":"Southern Silver Confirms New Gold Zone at Cerro Las Minitas with a 28.5 Metre Intercept Averaging 1.41g/t Au and 36g/t Ag, (201g/t AgEq)Vancouver, British Columbia--(Newsfile Corp. - December 16, 2020) -  Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (\"Southern Silver\") reported today further assay results from its 10,000 metre 2020-21 core drilling program on the Cerro Las Minitas project, Durango State, Mexico. These early results from the Mina La Bocona target include a near surface interval of strongly gold-enriched oxidized mineralization and a deeper poly-metallic sulphide zone from hole 20CLM-125 which returned:a 28.5m down hole interval averaging 1.41g/t Au and 36g/t Ag (201g/t AgEq) including a higher grade 2.8m interval averaging 5.1g/t Au and 72g/t Ag (552 AgEq) starting at 23.8m down-hole; and a 6.1m down-hole interval (4.0m est. TT) averaging 421g/t Ag, 0.45g/t Au, 5.5% Pb and 1.9% Zn (704g/t AgEq; 17.9% ZnEq) including a higher grade 0.9m (0.6m est. TT) grading 1420g/t Ag, 0.64g/t Au, 16.8% Pb and 0.6% Zn (2012g/t AgEq; 51.0% ZnEq) starting at 221.8 metres down-hole. The upper gold-enriched oxide zone in hole 20CLM-125 correlates well with a previously reported oxide gold zone from hole 15CLM-078 with 7.8m (3.9m est. TT) averaging 13.5g/t Au, 37g/t Ag, 2.2% Pb and 1.7% Zn (1093g/t AgEq (see NR-10-15) and a deeper gold-enriched sulphide zone from hole 15CLM-082 with 10.1m (4.8m est. TT) averaging 1.4g/t Au and 88g/t Ag, 1.6% Pb and 2.1% Zn (378g/t AgEq) (see NR14-15) which together form a new gold-enriched oxide/sulphide target well outboard of the Central Intrusion and extending 120 metres along strike and up to 168 metres in depth. Mineralization is open to the southeast and at depth. Additional sampling has been completed both up hole and down hole of the oxide gold intervals in each of holes 20CLM-125 and 15CLM-078 to determine the full extent of the gold anomaly in each of these holes. Assays are pending. The deeper silver-enriched polymetallic zone in hole 20CLM-125 is contained within the upper 19.8 metres of a semi-continuous mineralized zone extending from 216.8 metres to 272.0 metres downhole and is an approximate 25 metre down-dip step-out of similar mineralization first identified in the 2015 hole 15CLM-078 with 16.5m (8.2m est. TT) averaging 0.5g/t Au, 150g/t Ag, 3.7% Pb and 0.7% Z...