Southern Silver Exploration Corp. · TSXV:SSV
Southern Silver Exploration — Investor Presentation (January 2013)
24 slides from Southern Silver Exploration's investor presentation, January 2013
Slide 1: Corporate Presentation January 2013
SEG: FSE Corporate Presentation EXPLORATION CORP January 2013
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 a exploration company with projects in Arizona, New Mexico and Mexico Cerro Las Minitas, Mexico New – Option with Freeport-McMoRan • Large polymetallic mineral system • Porphyry copper-gold potential Dragoon, Arizona • Porphyry copper-moly Oro, Ne
Slide 4: Mexico & Arizona
Mexico & Arizona Two of the most prolific metallogenic regions in the world Mexico • Largest silver producer in the world • 144+ million oz / annum • 2nd largest gold reserves in Latin America • 500 years of mining history • Favorable foreign investment policy and mining law Arizona • $5+ billion an
Slide 5: Faja de Plata – Belt of Silver
Faja de Plata – “Belt of Silver” Multiple world-class mineral deposits • 3+ billion oz silver Penasquito (Goldcorp Inc.) • 1.07B oz Ag, 18.2M oz Au, 7.8B lbs Pb and 17.8B lbs Zn La Preciosa (Orko Silver) • 185M oz Ag and 305,000 oz Au Santa Eulalia (Grupo Mexico) • 45M tonnes of 310 g/T Ag, 7.1% Zn
Slide 6: Cerro Las Minitas – Freeport McMoRan Option
Cerro Las Minitas – Freeport McMoRan Option • In October 2012, Freeport-McMoran Exploration Corporation optioned the Cerro Las Minitas Project from Southern Silver. Freeport can earn up to 70% interest in the Project with staged expenditures of $25.0 million over ten years. • Option to Earn 51% - $5
Slide 7: Cerro Las Minitas Exploration Summary
Cerro Las Minitas Exploration Summary • 62 holes completed – 15,540 m • Two new deposits discovered − Blind Zone and El Sol Zone − High-grade Silver-Polymetallic Deposits − +800m Cumulative Strike-length • New copper-gold discovery at South Skarn target area (12CLM-55) 7
Slide 8: Cerro Las Minitas Infrastructure
Cerro Las Minitas Infrastructure 15,125 ha • Located just 70km NE of the city of Durango (population 631,712) • Highway, road access and power lines 8
Slide 9: Cerro Las Minitas Airborne Magnetic Survey
Cerro Las Minitas Airborne Magnetic Survey ● Completed in February 2011 ● Entire property surveyed (1,100 ln-Km) Current Target Area ● Suggests 6 additional targets along 25km strike length 3 1 2 4 5 6 9
Slide 10: Cerro Las Minitas Looking North from the Autopista
Cerro Las Minitas Looking North from the Autopista Mina la Bocona Blind Zone (Target) Mina Santo Nino South Skarn (High-grade (Target) Discovery) (Target) 10
Slide 11: Cerro Las Minitas Known Mineralization Zone
Cerro Las Minitas Known Mineralization Zone South Skarn UNTESTED TARGETS 12CLM-055 • 4.3m of 28 Ag g/t, 2.8 Au g/t, 0.5 Pb%, 0.3 Zn% • 4.3m of 89 Ag g/t, 1.4 Au g/t, 1.8 Cu%, 0.2 Zn% MINA SANTO NINO Mina Santo Nino 11CLM-006 NORTH SKARN MINA LA BOCONA • 17.4m of 51 Ag g/t, 0.4 Cu%, 0.2 Pb%, 4.7 Zn%
Slide 12: Schematic Cross-Section of Metal Zoning
Cerro Las Minitas Schematic Cross-Section of Metal Zoning at Cerro Las Minitas Blind Zone / El Sol Zone E W Styles of Mineralization South Skarn Breccia New Target Area Disseminated Vein /replacement Ag Ag-Pb-Zn Cu-Au Ag-Pb-Zn Ag
Slide 13: Select intercepts from the Blind Zone
Cerro Las Minitas Select intercepts from the Blind Zone From To Interval Ag Au Cu Pb Zn AgEq Hole No. m m m g/t g/t % % % g/t BLIND ZONE TARGET 11CLM-008 168.4 171.4 3.0 895 0.2 0.0 13.8 11.6 1584 inc 169.6 171.4 1.8 1400 0.3 0.0 19.7 14.5 2328 11CLM-011 65.8 68.4 2.6 179 0.1 0.3 5.6 6.6 537 131.6 1
Slide 14: Select Intercepts from Other Targets
Cerro Las Minitas Select Intercepts from Other Targets From To Interval Ag Au Cu Pb Zn AgEq Hole No. m m m g/t g/t % % % g/t SOUTH SKARN TARGET 12CLM-031 72.5 107.3 34.8 4 0.0 0.1 0.0 1.2 43 inc. 104.9 107.3 2.4 16 0.0 0.2 0.0 9.8 299 12CLM-040 18.6 19.0 0.4 321 0.7 0.0 5.6 6.2 671 200.5 201.0 0.5 9
Slide 15: Looking Forward
Cerro Las Minitas Looking Forward Option agreement with Freeport-McMoRan provides the stable funding, up to $25 million over ten years, required to advance the project toward additional discovery and development • District-scale Ag-Pg-Zn-Au-Cu mineralizing system identified at Cerro Las Minitas • Dr
Slide 16: Dragoon, Arizona
Dragoon Arizona Located 90 km southwest of Tucson, Arizona Option Terms • Contiguous 12.8 sq km block • Option agreement signed in 2007 to acquire 100% of the property (private vendors) • $390,000 US paid • $300,000 US left to pay by August 28, 2013 16
Slide 17: Dragoon Property
Dragoon Property Targeting deep high-grade copper-molybdenum mineralization Drilling • Exposed Laramide intrusive; geothitic leached capping and local quartz-stockworks • Drill indicated Cu-Mo mineralization in gravel covered areas E 12DS-03 • 4 holes drilled deeper than 600 metres (including 2 hist
Slide 18: Dragoon Property Schematic Cross-Section
Dragoon Property Schematic Cross-Section 220m of 0.08% Cu New Cu-Mo Porphyry discovery 271m grading 0.09% Cu Inc. 85m of 0.1% Cu and 12m of 0.2% Cu 18
Slide 19: Model Mine for Dragoon
Model Mine for Dragoon 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: 1,500+ m below surface • Underground Mining Scenario: 2100m development shaft under construction • Socio-Economic Impact: Projec
Slide 20: Oro, New Mexico
Oro New Mexico Transitional from Faja de Plata to the Arizona Copper Belt • Historic mining district from the early 1900s; multiple high-grade targets Southern Silver’s Oro property claims patents and leases • 17.2 sq. km comprised of: • 8 mineral patents • 2 state leases Infrastructure • Road acces
Slide 21: Oro Property
Oro Property 2012 Target: Bulk Tonnage Gold Deposit types • New bulk tonnage, near surface gold target (Stock Pond Gold) OR11-009 Stock Pond • Copper porphyry/skarn potential at Gold Target depth Geophysics King • 5 sq. km target area Airborne Vein Magnetic Target National • Surface IP survey pendin
Slide 22: Corporate Information
Corporate Information Capitalization Share Ownership Contact Information Debt Management & Close Associates Liana Shahinian VP Corporate Development • $0 • 13% liana@mnxltd.com Warrants Outstanding Libra Advisors, LLC Tel: 604.641.2773 • 32,487,446 • 10.7% Southern Silver Exploration Options Outstan
Slide 23: Management & Directors
Management & Directors Directors Senior Management Lawrence Page, QC, Director Lawrence Page, QC, President, R. Dale Janowsky, QC, Director Maheseh Liyanage, CFO Roger Scammell, Director, VP Exploration Robert Macdonald, General Manager, Exploration Terrence E. Eyton, Director Adrian Robles, Senior
Slide 24: Management & Directors
Management & Directors • Lawrence Page – As the principal and founder of the Manex Resource Group, Lawrence Page brings over 45 years of experience in corporate and securities law, and has been a director and officer of public companies which have discovered and brought mines such as Eskay Creek, Ma
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