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Southern Silver Files Cerro Las Minitas Technical Report

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2018) - Southern Silver Exploratio...

articleSouthern Silver Exploration Corp.February 23, 20183/company/southern-silver-exploration-corp/news/southern-silver-filesandxa0cerro-las-minitas-technical-report
Southern Silver Files Cerro Las Minitas Technical Report

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[{"type":"text","content":"Southern Silver Files Cerro Las Minitas Technical ReportVancouver, British Columbia--(Newsfile Corp. - February 23, 2018) - Southern Silver Exploration Corp. (TSXV: SSV) (\"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 February 22, 2018, 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 43-101F1.The resource estimate provides updated grade and tonnage estimates for four mineral deposits on the property at the Blind, El Sol, Las Victorias and Skarn Front zones which have been the focus of much of Southern's exploration activities on the property since 2011.Table 1: Base-case Mineral Resource Estimate for CLM Project Utilizing a 175g/t AgEq cut-off value: Indicated Zone Tonnes (Kt) Ag (g/t) Au (g/t) Pb (%) Zn (%) Cu (%) AgEq (g/t) ZnEq (%) Ag TrOz (000's) Au TrOz (000's) Pb (Mlbs) Zn (Mlbs) Cu (Mlbs) AgEq TrOz (000's) ZnEq (Mlbs) Blind Zone 3,168 86 0.05 1.8 2.1 0.11 279 5.9 8,739 6 128 145 8.0 28,461 414 El Sol 1,150 79 0.03 2.0 2.0 0.09 276 5.9 2,931 1 51 52 2.3 10,217 149 Las Victorias 708 122 0.70 2.0 2.5 0.23 403 8.6 2,772 16 32 38 3.5 9,177 133 Skarn Front 5,109 115 0.07 1.0 5.1 0.17 416 8.8 18,915 11 108 578 18.8 68,273 993 Total 10,135 102 0.10 1.4 3.6 0.15 356 7.6 33,356 34 319 813 33 116,127 1,689   Inferred Zone Tonnes (Kt) Ag (g/t) Au (g/t) Pb (%) Zn (%) Cu (%) AgEq (g/t) ZnEq (%) Ag TrOz (000's) Au TrOz (000's) Pb (Mlbs) Zn (Mlbs) Cu (Mlbs) AgEq TrOz (000's) ZnEq (Mlbs) Blind Zone 503 103 0.33 1.9 3.4 0.07 374 7.9 1,662 5 21 38 1 6,042 88 El Sol 264 61 0.06 1.7 2.5 0.04 263 5.6 515 1 10 15 0 2,233 32 Skarn Front 7,917 73 0.02 0.6 4.7 0.16 332 7.0 18,545 6 100 818 28 84,451 1,228 Total 8,685 74 0.04 0.7 4.5 0.15 332 7.0 20,721 12 131 870 29 92,726 1,349 Notes: The 175g/t AgEq cut-off value was calculated using average long-term prices of $16/oz. silver, $1,200/oz. gold, $2.75/lb. copper, $1.0/lb. lead and $1.10/lb. zinc and metal recoveries of 82% silver, 86% lead, 80% zinc and 80% copper w...

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