Southern Silver Exploration Corp. · TSXV:SSV
Southern Silver Exploration — Investor Presentation (March 2016)
24 slides from Southern Silver Exploration's investor presentation, March 2016
Slide 1: March 2016
SSV: TSX-V SEG1: FSE SSVCL: SSEV March 2016
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 Exploration Corp.
Southern Silver Exploration Corp. Southern Silver is an exploration company with projects in New Mexico and Mexico Exploration focus on the Cerro Las Minitas Project, Durango, Mexico • 2015 Option to Electrum Global Holdings L.P. ‐ US$5 million earn‐in over 4 years for a 60% total interest US$2 mi
Slide 4: Why Invest: The Right Project/Potential/Place
Southern Silver Exploration Corp. Why Invest The Right Project/Potential/Place: Cerro Las Minitas Project: located 70km northeast of the city of Durango, Mexico 2016 Mineral Resource Estimate (150g/t AgEq cut‐off)1: • Indicated ‐ 36.5Mozs AgEq: 10.8Mozs Ag, 189Mlbs Pb and 207Mlbs Zn; and • Inferred
Slide 5: Why Invest: The Right People
Southern Silver Exploration Corp. Why Invest The Right People: Southern Silver features an experienced Board of Directors and a strong management team with an extensive track record of exploration, discovery and development success. Throughout their respective careers, they have been instrumental in
Slide 6: Why Invest: The Right Partner
Southern Silver Exploration Corp. Why Invest The Right Partner: Electrum Global Holdings L.P., is a privately owned global natural resource investment management company with a history of strategic investments in both precious and base metal companies. The Electrum Group Ltd. holds one of the larger
Slide 7: Why Invest: The Right Time
Southern Silver Exploration Corp. Why Invest The Right Time: Excellent entry level in a rising commodity market, emerging at the end of one of the most severe bear markets in recent history 62M shares I&O – Free Float: ~18M shares; $3.0M Market Cap The TSX‐V is well off its bottom, up about 20% from
Slide 8: Mineral Belt - Faja de Plata, Mexico
Mineral Belt - Faja de Plata, Mexico One of the most Prolific Ag‐Au‐Cu‐Pb‐Zn Regions in the World Multiple world‐class mineral deposits Penasquito (Goldcorp Inc.) • P+P Reserves of 636.7Mt at 0.51g/t Au (10.55Moz) 29.7g/t Ag (611.17Moz) 0.31% Pb (3.76Blbs) and 0.75% Zn (9.1B lbs Zn) La Preciosa (Coe
Slide 9: Cerro Las Minitas: Well Located, Surrounded by Producing Mines
Cerro Las Minitas Well located ‐ Surrounded by Producing Mines Property Summary • 32,719m drilled since 2011 • $11.1M spent in acquisition and exploration, at a discovery cash cost of $0.10/oz AgEq • Historic small‐scale production 2011‐16 Project Highlights • Mineral Resource (150g/t AgEq cut‐off)1
Slide 10: Cerro Las Minitas - Infrastructure
Cerro Las Minitas - Infrastructure Superior Location and Infrastructure ~25km • Located 70km NE of Durango (pop. 631,712) • Surrounded by significant Mineral Deposits and producing mines • Highway, road access and power lines Source: Google Earth, Map Data: INEGI, Google, Cnes/Spot Image, Bluesky, A
Slide 11: Cerro Las Minitas - Overview
Cerro Las Minitas - Overview Looking North from the Autopista Blind Zone El Sol Zone Mina La Bocona (2016 Mineral (2016 Mineral Mina Santo Niño Resource) Resource) (2016 Mineral Resource) Extension South Skarn (New Discovery) (Target) 11
Slide 12: Cerro Las Minitas – Exploration and Discovery
Cerro Las Minitas – Exploration and Discovery Project Growth Through Expanding Deposits and New Discoveries Work Completed by Southern Silver/Option partners from 2011‐15: • 86 core holes totaling 32,719m • Surface geochemical and biogeochemical sampling • Airborne Magnetics • IP/Gravity geophysics
Slide 13: Schematic Cross-Section of Metal Zoning and Deposit Types
Cerro Las Minitas Schematic Cross‐Section of Metal Zoning and Deposit Types Relatively shallow and localized drilling means that significant exploration upside remains Ag Ag-Pb-Zn Cu-Au Ag-Pb-Zn Ag SSV: TSX-V SEG1: FSE 13 SSVCL: SSEV
Slide 14: Mina Santo Niño – Historical Small Scale Production
Cerro Las Minitas Mina Santo Niño – Historical Small Scale Production Mina Santo Niño / Puro Corazon Drill core - 11CLM-006: Mina Santo Niño Santo Niño Waste Dumps - Site Visit 2013 SSV: TSX-V SEG1: FSE 14 SSVCL: SSEV
Slide 15: Cerro Las Minitas – 2016 Resource Estimate
Cerro Las Minitas – 2016 Resource Estimate as of March 21st 2016 using a 150g/t Ag Eq cut‐off 2016 Mineral Resource Estimate Indicated - 36.5Mozs AgEq: 10.8Mozs Ag, 189Mlbs Pb and 207Mlbs Zn; and Inferred - 77.3Mozs AgEq: 17.5Mozs Ag, 237Mlbs Pb and 626Mlbs Zn • Three deposits identified and modelle
Slide 16: Cerro Las Minitas – 2015-16 Exploration
Cerro Las Minitas – 2015-16 Exploration Exploration Target: +20 Mt grading 80‐120 g/t Ag and 4‐8% Pb/Zn (+200 Mozs AgEq)1 2015 Exploration Summary • $2 Million Expenditures • Diamond Drilling: 14 holes – 9,112m • Drill Assay Samples: 1,672 • Soil Samples: 984 • Surface Rock Samples: 51 • Acacia Samp
Slide 17: Cerro Las Minitas – 2015 Exploration: Blind–El Sol Intercepts
Cerro Las Minitas – 2015 Exploration Blind – EL Sol Deposits ‐ Highlight Intercepts From To Interval Est. Tr. Thk. Ag Au Cu Pb Zn AgEq Hole No. m m m m g/t g/t % % % g/t BLIND ZONE TARGET 15CLM‐023A 266.2 272.4 6.3 4.3 58 0.0 0.1 1.6 3.4 297 Drill hole CLM-081 inc. 266.2 268.5 2.3 1.6 102 0.0 0.1 3.
Slide 18: 2015 Exploration: Santo Nino and Bocona Intercepts
Cerro Las Minitas – 2015 Exploration Blind – EL Sol ‐ Santo Nino – Bocona ‐ Highlight Intercepts From To Interval Est. Tr. Thk. Ag Au Cu Pb Zn AgEq Hole No. m m m m g/t g/t % % % g/t MINA SANTO NIÑO 11CLM‐006 410.5 411.3 0.7 0.4 162 0.0 0.4 2.1 10.4 786 11CLM‐006 424.2 427.9 3.7 2.2 184 0.0 2.0 0.3
Slide 19: Cerro Las Minitas – 2015 High Grade Discovery
Cerro Las Minitas – 2015 High Grade Discovery Mina La Bocona Target ‐ New Exploration Potential Mina La Bocona • High‐grade sulphide mineralization intersected in four holes which tested down‐dip of earlier SSV and historic drilling • Significant Intercepts: 15CLM‐078: 9.3m (4.6m est TT) of 275g/t A
Slide 20: Cerro Las Minitas – 2016 Property Scale Exploration
Cerro Las Minitas – 2016 Property Scale Exploration Targeting New Discoveries • Airborne magnetic and multi‐element biogeochemical surveys highlight the District Scale potential of the property over a 25km strike length • Orientation Surveys in the areas of known mineralization provide a baseline fo
Slide 21: Cerro Las Minitas - 2016 Looking Forward
Cerro Las Minitas - 2016 Looking Forward Our Partner, Electrum Global Holdings L.P. committed to funding Phase II Drill program for 2016 • 2016 drill program to focus on aggressive expansion of known mineralization to depth and along strike • To identify new discoveries in the area of the Cerro and
Slide 22: Oro Property - New Mexico
Oro Property - New Mexico Option exercised Aug’13 • 100% owned by SSV Transitional from Faja de Plata to the Arizona Copper Belt • 11.9 sq. km comprised of: • 8 mineral patents • 2 state leases Geology Favorable for Large(1) Porphyry Discovery • Laramide age intrusive rocks cover much of the propert
Slide 23: Oro Property
Oro Property Historic mining district from the early 1900s; multiple high‐grade targets Deposit types • New bulk tonnage, near surface gold target (Stock Pond Gold) Rock Samples • Copper porphyry/skarn potential at depth 4.8g/t Gold 3.2g/t Gold 1.8g/t Gold Classic porphyry system zonation Stock Pond
Slide 24: Corporate Information
Corporate Information Capitalization Share Ownership Contact Information Shares Outstanding Management & Close Associates Email: ir@mnxltd.com Tel: 604.641.2759 • 62,103,436 • Management and Associates ~10% Options Outstanding • Electrum Global Holdings L.P. 49% Southern Silver Exploration • 5,208,7
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