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Southern Silver Files Cerro Las Minitas Technical Report
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 6, 2016) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL) ("Southern") reported
About this update from Southern Silver Exploration Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 6, 2016) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL) (\"Southern\") reported today that it has filed a technical report (\"Report\") prepared in accordance with Canadian Securities Administrators' National Instrument 43-101. The Report may be found under the Company's profile at www.sedar.com and on Southern's website www.southernsilverexploration.com. The Report, dated May 5, 2016, entitled \"NI 43-101 Technical Report, Mineral Resource Estimate for Cerro Las Minitas Project, Durango State, Mexico \" was prepared by Garth D. Kirkham, P.Geo., following the guidelines of NI 43-101 and NI 43-101F. The resource estimate provides initial grade and tonnage estimates for three mineral deposits on the property at the Blind, El Sol and Santo Nino zones which have been the focus of much of Southern's exploration activities on the property since 2011, but does not include mineralization from the newly discovered Mina La Bocona zone. Further drilling on the Mina La Bocona target is planned for the 2016 exploration program in order to properly delineate this target. Table 1: Base-case Mineral Resource Estimate utilizing a 150g/t AgEq cut-off value is as follows: Indicated Zone Tonnes Ag Au Pb Zn Cu AgEq Ag Au Pb Zn Cu AgEq (Oz) (Kt) (g/t) (g/t) (%) (%) (%) (g/t) (ozs*1000) (ozs*1000) (Mlbs) (Mlbs) (Mlbs) (000's) Blind Zone 2,641 99 0.07 2.4 2.1 0.10 303 8,442 5.7 139.4 123.3 5.6 25,720 El Sol Zone 1,083 69 0.02 2.1 3.5 0.09 311 2,392 0.6 49.8 83.6 2.0 10,812 Total 3,724 90 0.05 2.3 2.5 0.09 305 10,834 6.3 189.2 206.9 8 36,532 Inferred Zone Tonnes Ag Au Pb Zn Cu AgEq Ag Au Pb Zn Cu AgEq (Oz) (Kt) (g/t) (g/t) (%) (%) (%) (g/t) (ozs*1000) (ozs*1000) (Mlbs) (Mlbs) (Mlbs) (000's) Blind Zone 2,863 91 0.28 1.6 3.9 0.21 364 8,370 25.9 98.0 249.0 13.1 33,498 El Sol Zone 2,909 71 0.09 1.9 4.1 0.11 339 6,594 8.6 121.8 264.4 7.2 31,719 Santo Nino Zone 839 95 0.03 0.9 6.1 0.47 446 2,56...