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Southern Silver Increases Mineral Resource at Cerro Las Mintas to
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2019) - Southern Silver Exploration Cor...
About this update from Southern Silver Exploration Corp.
[{"type":"text","content":"Southern Silver Increases Mineral Resource at Cerro Las Mintas toIndicated 134Mozs AgEq or 2.0Blbs ZnEq: 37.5Mozs Ag, 303Mlbs Pb, and 897Mlbs Zn; and Inferred 138Mozs AgEq or 2.0Blbs ZnEq: 45.7Mozs Ag, 253Mlbs Pb, and 796Mlbs ZnVancouver, British Columbia--(Newsfile Corp. - May 9, 2019) - Southern Silver Exploration Corp. (TSXV: SSV) (\"Southern\") reports that Kirkham Geosystems Ltd. (\"KGL\") has completed an update of its independent Mineral Resource Estimate on the Cerro Las Minitas (\"CLM\") project in Durango State, Mexico, operated on a joint venture basis by Southern(40%) as operator and Electrum Global Holdings LP(60%).Resource Model HighlightsCompared to the 2018 Mineral Resource estimate, the 2019 update, at a 175g/t AgEq cut-off, features:A nominal 0.97Mt increase in Indicated Mineral resources to 11.1Mt averaging 105g/t Ag, 0.1g/t Au, 0.16% Cu, 1.2% Pb and 3.7% Zn (375g/t AgEq; 8.2% ZnEq), containing:37.5 million ounces of silver; 35 thousand ounces of gold; 40 million pounds of copper, 303 million pounds of lead; and 897 million pounds of zinc, This equates to 134 million ounces silver equivalent or 2.0 billion pounds zinc equivalent. A more significant 4.2Mt increase in Inferred Mineral resources to 12.8Mt averaging 111g/t Ag, 0.07g/t Au, 0.27% Cu, 0.9% Pb and 2.8% Zn (334g/t AgEq; 7.2% ZnEq) containing:45.7 million ounces of silver; 31 thousand ounces of gold; 76 million pounds of copper, 253 million pounds of lead; and 796 million pounds of zinc. This equates to 138 million ounces silver equivalent or 2.0 billion pounds zinc equivalent. This new Mineral Resource Estimate illustrates the continuity of the mineralization and continued expansion of the mineral deposit in the Cerro Las Minitas project and updates the previously reported January 2018 estimate. The new Resource Estimate incorporates additional data from a very successful drilling program of 10,157 metres in 2018-19, updated metal recoveries and pricing, application of a more rigorous specific gravity (\"SG\") measurement protocol and further refinement of the resource wire frames. Table 1: Base-case Mineral Resource Estimate for CLM Project Utilizing a 175g/t AgEq cut-off value: Indicated                               Zone Tonnes Ag Cu Pb Zn Au AgEq ZnEq Ag TrOz  Au TrOz P...