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Southern Silver Intersects 14.8m Grading 39.4g/t Ag, 0.1% Pb, and 10.2% Zn (410g/t AgEq; 11.6% ZnEq) at Cerro Las Minitas; Second Drill Mobilized to Property
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL)(OTCQB:SSVFF) ("South
About this update from Southern Silver Exploration Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL)(OTCQB:SSVFF) (\"Southern Silver\") reported today assay results from the Fall 2016 core drilling on the Cerro Las Minitas project, Durango State, Mexico which identified a thick interval of semi-massive and massive sulphide mineralization in drill hole 16CLM-091. Highlights from 16CLM-091 include: a 15.1m down hole interval (14.8m est. True Thickness) averaging 39.4g/t Ag, 0.1% Pb and 10.2% Zn (410.7g/t AgEq; 11.6% ZnEq) including a higher grade 4.8m interval (4.7m est. TT) averaging 38.7g/t Ag, 0.12% Cu, 0.1% Pb and 23.2% Zn (877g/t AgEq; 24.8% ZnEq) Mineralization in drill hole 16CLM-091 occurs in skarn near the margin of the Central Intrusion within the Blind Shoulder target and appears to confirm the flattening of the mineralized zone in this part of the deposit. Significantly, the mineralization in 16CLM-091 contains some of the highest grade zinc intercepts drilled on the project to date by Southern Silver. The mineralization is open both down-dip to the southwest and along strike to the north and northwest and represents a 150 metre step-out from previously reported mineralization in hole 13CLM-066 (9.3 metres averaging 9.4g/t Ag, 0.13% Cu and 13% Zn; see NR-10-13, July 16, 2013), a 85 metre step-out from hole 15CLM-081 (16.8 metres averaging 136g/t Ag, 0.5% Cu, 0.3% Pb and 4.5% Zn; see NR-14-15, December 1, 2015) and a 250 metre step-out from hole 16CLM-088 (30.4 metres averaging 107g/t Ag, 0.4% Cu, 1.1% Pb, and 2.3% Zn; see NR-14-16, June 13, 2016). The above intervals are quoted as down hole thickness. \"The recent set of drill results has yielded further improvement in potential size, quality and scope of the Cerro Las Minitas project,\" said Lawrence Page, Southern Silver's President. \"Our focus will remain to establish this rapidly evolving district into one of the most significant economic polymetallic discoveries in our industry.\" As of December 31, 2016, approximately 1,300 metres of the planned 10,000 metre US$2 million drilling program had been completed consisting of two drill holes and the extension of an earlier hole. Drilling tested both the Blind Shoulder target with hole CLM-091 and the Mina La Bocona target with hole 16CLM-090 and extension of hole 13CLM-037. Hole ...