Southern Silver Drills 12.8m of 348g/t Silver at Cerro Las Minitas Project

Southern Silver Exploration Corp. (TSXV:SSV) announced that final assays from the 2015 core drilling program on the Cerro Las Minitas Project, Durango State, Mexico have been received with the results continuing to extend the projections of high-grade silver-polymetallic mineralization at both the Blind – El Sol zone and the recent discovery at the Mina La Bocona zone.

As quoted in the press release:

Semi-massive and massive sulphides were identified in the southeast extension of the Blind – El Sol zone in a thick (+30 metre) contact skarn on the margin of the Central Intrusion in a 2015 extension of drill hole 11CLM-025.

Highlight intervals from hole 15CLM-025 include:

• a 19.9m down hole interval (12.8m est TT) averaging 113g/t Ag, 0.5g/t Au, 0.4% Cu, 0.9% Pb and 3.6% Zn (348g/t AgEq) including a 2.4m down hole interval (1.5m est TT) averaging 534g/t Ag, 1.8% Cu, 4.6% Pb and 14.2% Zn (1391g/t AgEq); and
• a 5.8m down hole interval (3.7m est TT) averaging 79g/t Ag, 0.4% Cu, 0.2%Pb and 0.3% Zn (141g/t AgEq) including a 0.9m down hole interval (0.5m est TT) averaging 189g/t Ag, 1.5% Cu, 0.2%Pb and 0.2% Zn (371g/t AgEq).

SSV0113_Fig1

Mineralization in hole 15CLM-025 represents an approximate 200moffset from an earlier reported mineralized intercept in hole 15CLM-081 (8.7m est TT of 136g/t Ag, 0.5% Cu, 0.3% Pb, 4.5% Zn) and remains open at depth and to the southeast for over 500 metres. Further drilling is planned to test the southeast continuation of the Blind – El Sol zone.

The company also reported that drilling at the Mina La Bocona Extension discovery (see NR-10-15, Oct 1, 2015) has identified a precious-metal enriched massive sulphide intercept down-dip of discovery hole 15CLM-078 and include:

• a 5.8m down hole interval (3.5m est TT) averaging 130g/t Ag, 0.4g/t Au, 1.1% Cu, 1.3% Pb and 9.3% Zn (646g/t AgEq) from hole 15CLM-010.

The mineralization was returned from an extension of drill hole 11CLM-010 and is one of two high grade intervals identified at +450 metres depth in the Bocona zone and highlights the continued exploration potential of the Bocona target at depth and along strike to the northwest.

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