Southern Silver Exploration Corp. · TSXV:SSV
Southern Silver Exploration — Investor Presentation (December 2011)
26 slides from Southern Silver Exploration's investor presentation, December 2011
Slide 1: Corporate Presentation December 2011
EXPLORATION CORP SSV.TSX-V SEG: FSE Corporate Presentation December 2011
Slide 2: Forward Looking Statement
Forward Looking Statement Some of the statements contained in this presentation may be deemed “forward-looking statements.” These include estimates and statements that describe the Company’s future plans, objectives or goals, and expectations of a stated condition or occurrence. Forward-looking stat
Slide 3: Southern Silver is a junior exploration company with projects in Arizona, New Mexico and Mexico
Southern Silver is a junior exploration company with projects in Arizona, New Mexico and Mexico Focus on silver-polymetallic and porphyry copper-moly projects in two of the most prolific metallogenic regions in the world: • Arizona: +$5B annual copper production, multiple +1B tonne deposits • Mexico
Slide 4: Mining Investment Opportunities in Mexico
Mining Investment Opportunities in Mexico • Mining potential ranking at 9th worldwide (The Fraser Institute of Canada) • 500 years of mining history • Strong government support for foreign investment policy & Mexican mining law • Competitive cost structure for mineral exploration & production • Larg
Slide 5: Silver
Silver Global Demand For Silver Continues to Eclipse Global Supply Mexico is the top silver producing country at 18% Argentina 3% Others Mexico Russia 14% 18% 5% Poland Peru 5% 16% United States China 5% 14% Bolivia 6% Chile 6% Australia The annual average silver price in 2010 leapt by 38% 8% • Worl
Slide 6: Faja de Plata – Belt of Silver
“Faja de Plata” Belt of Silver • In the Faja de Plata: +3Bozs silver reserves/resources and production and multiple world-class mineral deposits • World-class Ag-Pb-Zn CRD/Skarn potential • San Martin: 60Mt of 118g/t Ag, 0.9% Cu and 3.9% Zn • Santa Eulalia: 45Mt of 310g/t Ag, 7.1% Zn and 8.2% Pb • L
Slide 7: Mexico – Cerro Las Minitas
Mexico – Cerro Las Minitas New Acquisition in a World-class Silver District • Option to acquire 10,980 ha project • Historic mining district adjacent to the city of Durango. • Superior access and infrastructure – property located just 70km NE of Durango • Road access and power line to the property •
Slide 8: Mexico – Cerro Las Minitas
Mexico – Cerro Las Minitas Cerro Las High Minitas 3 1 Low 2 4 5 6 Location & Targets Recently completed 1100 ln-km airborne magnetic survey suggests additional 6 targets in gravel covered areas along the 25 km strike length 8
Slide 9: Cerro Las Minitas Drill Targets
Cerro Las Minitas Drill Targets Phase I drilling focused on historic mine areas Phase II drilling will Santo Nino Mine continue to test the margins of the intrusive and several gravel La Bacona Mine covered targets (outlined by geophysics) peripheral to the porphyry intrusion Blind Zone (Buried IP T
Slide 10: Multiple targets surrounding intrusive body
Mexico - Cerro Las Minitas Multiple targets surrounding intrusive body • Phase I Diamond Drill Program NORTH SKARN 11CLM-003 2.1 m of 100 Ag g/t, 1.4 Cu%, 0.2 Pb%, 3.1 Zn% (+3,000 metres, 10 holes) Completed June’11 MINA SANTO NINO 11CLM-006 17.4 m of MINA LA BOCONA 51 Ag g/t, 0.4 Cu%, 0.2 Pb%, 4.7
Slide 11: New Discovery – 'Blind Zone'
New Discovery – ‘Blind Zone’ • 11 drill holes for 2640 metres completed •Three target horizons • Mineralization hosted along the margins of intermediate and felsic intrusions • +325 metre strike-length • 280 metre down-dip projection 11CLM -08: 518 g/t AgEq 10.9m 11CLM- 12: 548 g/t AgEq 4.4m 11CLM-
Slide 12: Mexico - Cerro Las Minitas
Mexico - Cerro Las Minitas Looking North from the Autopista Blind Zone Mina Santo Nino Mina la Bocona New Discovery 12
Slide 13: Mexico - Cerro Las Minitas
Mexico - Cerro Las Minitas Geophysics: • 1100 line-km airborne magnetic survey completed Feb 2011 • 36 line-km ground IP survey completed March 2011 2011 Exploration Program: • High-grade silver and base metal mineralization identified in four separate and distinct target areas • +40 diamond drill h
Slide 14: Mexico - Minas de Ameca – San Luis
Mexico - Minas de Ameca – San Luis • 131 sq km property with multiple mineral occurrences • Focus on upgrading the San Luis vein system • San Luis and Magistral Mine – 4,700m of drilling in 2007/2008 • Proposed 10 hole 1,500m drill program in 2011 14
Slide 15: Mexico - Minas de Ameca – San Luis
Mexico - Minas de Ameca – San Luis • Past work has identified 1.50 g/t Au; 2.46 g/t Ag & 0.28%Cu two main Cu-Au structures 07SL-11 9.39m* • +600m strike-length 07SL-03 5.07 g/t Au; 49.81 g/t Ag & 4.32%Cu 1.87m* • Additional exploration potential throughout the 2.05 g/t Au; 12.88 g/t Ag & 0.34%Cu pro
Slide 16: Arizona Porphyry Copper - Dragoon
Arizona Porphyry Copper - Dragoon “World Class” Porphyry Copper Opportunity Arizona: • +$5B annual Cu production • multiple +1B tonne deposits Dragoon: • Optioned to Freeport McMoRan Exploration Corporation (FMEC) • New drill indicated Cu-Mo discovery in historic Laramide district • Deep drilling: t
Slide 17: Arizona Porphyry Copper - Dragoon
Arizona Porphyry Copper - Dragoon • Contiguous 12.8 sq km block • Area has been explored with shallow drilling by Noranda, Kennecott, Phelps Dodge, BHP for near surface bulk- tonnage targets • Now targeting deep high-grade copper- 10DS-01 molybdenum mineralization 11DS-02 • Only four holes drilled d
Slide 18: Resolution Mine, Arizona Deep High-grade Porphyry Cu-Mo
Resolution Mine, Arizona Deep High-grade Porphyry Cu-Mo • Location: 150km NW of Dragoon • Tonnage: 1.624B tonnes of 1.47% Cu, 0.037% Mo • Discovery: +1,500m below surface • Underground Mining Scenario: 2100m development shaft under construction • Socio-Economic Impact: Projected as capable of produc
Slide 19: Dragoon Project – Schematic Cross-Section
Dragoon Project – Schematic Cross-Section Target: High-grade +1% enriched Cu-oxide deposit 402m grading 0.05% Cu New Cu-Mo Porphyry discovery 527m grading 0.06% Cu Inc. 85m of 0.1% Cu and 12m of 0.2% Cu 19
Slide 20: Dragoon – Mineralized Intervals
Dragoon – Mineralized Intervals Oxidized copper sulphides in sediment-hosted quartz vein Coarse pyrite with chalcopyrite and molybdenite in quartz vein 20
Slide 21: Dragoon - Update
Dragoon - Update • First deep hole: Discovered anomalous copper mineralization, up to 0.05% over 402 meters which includes several 3 to 6 meter intervals averaging from 0.1 to 0.5% copper • Second deep hole: 527 meters averaging 0.06% copper including 85.4 meters averaging 0.11% and12.2 meters avera
Slide 22: New Mexico - Oro
New Mexico - Oro • Transitional from Faja de Plata to the Arizona Copper belt • Targeting three deposit types: • Bulk tonnage, intrusion related gold • Copper porphyry potential at depth • Polymetallic replacement/skarn deposits • Successful acquisition of 2 parcels state land leases: Opportunity to
Slide 23: New Mexico - Oro
New Mexico - Oro • 17.2 sq km comprised of: – 195 Federal lode claims (new acquisition of 70 federal claims) New Gold Target – 8 Mineral patents King – 2 State leases Airborne Vein Magnetic Target National • +2 km long west-dipping target Mine stratigraphy • Magnetic survey shows 2km Howard Vein dia
Slide 24: Southern Silver: Next 12 Months
Southern Silver: Next 12 Months Cerro Las Minitas • Phase I drill program completed (3,000m, 10 holes) • Phase II drilling now underway (+10,000m, +30 holes) in historic mining district • Advancing early stage targets along 25km strike length Minas de Ameca • Phase III drilling – in Fall 2011 • Re-a
Slide 25: Corporate Information
Corporate Information Share Structure Contact: Liana Shahinian Listings: VP, Corporate Development TSX Venture: SSV liana@mnxltd.com Frankfurt: SEG Tel: 604.641.2773 Issued/Outstanding: 121 million Head Office: Warrants Outstanding: 65 million Southern Silver Exploration Fully Diluted: 198 million S
Slide 26: Management
Management Directors Senior Management Lawrence Page, QC, Director Lawrence Page, QC, President, R. Dale Janowsky, QC, Director Maheseh Liyanage, CFO Roger Scammell, Director, Sr. Geo. Advisor Robert Macdonald, General Manager, Exploration Terrence E. Eyton, Director Adrian Robles, Senior Exploratio
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