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Southern Silver Intersects 29.5m Grading 107.4g/t Ag, 0.40% Cu, 1.1% Pb and 2.3% Zn (275g/t AgEq) at Cerro Las Minitas
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2016) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL) ("Southern Silver")
About this update from Southern Silver Exploration Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2016) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL) (\"Southern Silver\") reported today assay results from the first two holes (CLM-087/-088) from 2016 core drilling on the Cerro Las Minitas project, Durango State, Mexico which identified a new thick interval of continuous polymetallic semi-massive and massive sulphide mineralization in drill hole 15CLM-088. Highlights from drill hole CLM-088 include: a 30.4m down hole interval (29.5m est. True Thickness) averaging 107.4g/t Ag, 0.40% Cu, 1.1% Pb and 2.3% Zn (275g/t AgEq) including a higher grade 7.3m interval (7.1m est. TT) averaging 190g/t Ag, 0.37% Cu, 3.4% Pb and 5.5% Zn (552g/t AgEq) Mineralization in drill hole 16CLM-088 occurs in skarn on the margin of the Central Intrusion. Significantly, the intercept in 16CLM-088 is one of the thickest intervals of continuous high-grade mineralization identified on the property to date. The mineralization is open both down dip, to the west, and along strike to the north and northwest and represents an aggressive (~200 metre) step out from the previously modelled Blind and El Sol deposits and specifically drill hole 15CLM-081 (16.8m down hole interval 136g/t Ag, 0.5% Cu, 0.3% Pb and 4.5% Zn or 361g/t AgEq; see NR-14-15, December 1, 2015). The company also reports elevated values of Ag, Au, As and Sb in multiple mineralized intervals ranging from 5 to 12 metres thick in hydrothermal, quartz-cemented breccias in the upper portions of both holes CLM-087 and CLM-088. The breccias which are spatially associated with monzonite/dacite dykes represent a potential epithermal-styled target with a strong \"pathfinder\" signature in the upper parts of the mineralizing system with potentially stronger precious-metal potential at depth. Further drilling is required to test both of these new targets more thoroughly. Management is very pleased with the results received to date from the 2016 exploration program. Approximately 3100 metres of drilling have been completed in three drill holes testing the extensions of the Blind and El Sol deposits and drilling is currently underway in a 400 metre extension of hole CLM-001 which will test a lateral offset of the Mina La Bocona target. Drilling at Mina La Bocona in 2015 returned thick high-grade zones of mineralization th...