Southern Silver Exploration Company Profile

Southern Silver Exploration

GROWTH STRATEGY IS TO FOCUS ON THE DEVELOPMENT OF
QUALITY ASSETS, IN SIGNIFICANT MINERALIZED TRENDS, CLOSE TO INFRASTRUCTURE
Company Exposure

Zinc, Silver, Lead

Company Listing

Southern Silver Exploration

Stock Code

TSX-V:SSV

Company Overview


 

Southern Silver Exploration Corp. is a Canadian-based precious/base-metal exploration company  focused on acquisition, exploration and responsible mining development in Durango, Mexico and  New Mexico, USA. In the Faja de Plata (The Belt of Silver) in north-central Mexico, 70 km by road  from the city of Durango, exploration and development on the Company’s flagship project, the  265km2, Cerro Las Minitas property has led to identification and delineation of four mineral deposits  (the Blind, the El Sol, the Las Victorias and Skarn Front).

  • Updated 2018 Mineral Resources at a 175g/t AgEq cut-off equal:+200Mozs AgEq
  • Indicated: 116.1Mozs, AgEq/ Inferred: 92.7Mozs, AgEq
  • Next Resource Target; +300Mozs AgEq

The Company has recently completed an internal Scoping Study and advanced metallurgy and a +10,000m drill program is well underway with two drill rigs testing both the main CLM Ag-Zn-Pb  claims as well as the new epithermal CLM West Au-Ag-Cu claims with all leading to an anticipated  PEA during 2019.

Why Southern Silver?
  • Experienced minefinders developing shareholder value through discovery in North America
  • The principal focus is the Cerro Las Minitas (CLM) Ag-Pb-Zn project (40%) in partnership with the Electrum Group (60%) and located in Durango, Mexico which is moving the project forward through advanced-stage exploration and pre-development studies
  • Excellent entry level investment
  • Anticipated positive news flow from current US$3.0M, 10,000 metre exploration program
  • Near-term resource expansion target of: +30Mt grading 80-120 g/t Ag and 4-8% Pb/Zn (+300Mozs AgEq)
  • High performing metals: Zn-Ag-Pb
  • 2018 CLM work program includes pre-development studies to de-risk the project for the investor, including internal scoping study, and advanced metallurgy
  • New: “Greenfields – discovery” potential at the epithermal CLM West Au-Ag-Cu claims
Live Financials

Latest Announcements

Share Price Performance

Director & Management

Lawrence Page – President & Director
Larry Buchanan – Non-Executive Director
Eugene Spiering – Non-Executive Director
Peter Cheesbrough – Non-Executive Director
Roger Scammell – Non-Executive Director
Donald R. Head – Non-Executive Director
Nigel Bunting – Non-Executive Director

Major Shareholders

Electrum Global Holdings – 36.2%
Management & Associates – 10%
Key Investors – 10%

Projects Overview


Southern Silver is a JV owner of the Cerro Las Minitas project in Durango, Mexico and the owner of the  Oro Project in New Mexico, USA

Cerro Las Minitas Project,  Durango Mexico

  • A project with the potential to be a near-term polymetallic  producer (zinc, silver,  lead) with the team and  partner to grow and  develop a mine

Cerro Las Minitas West  Project, Durango Mexico

  • An adjacent project targeting new greenfields precious  metals discoveries

Oro Project, New Mexico

  • Large Laramide Cu-Au- Mo Porphyry system with an adjacent near  surface, drill-ready gold  target
The Cerro Las Minitas Project

Project Highlights

  • Identified four high-grade Ag-Pb-Zn deposits with a Jan 8th, 2018 NI-43-101 Compliant Mineral Resource Estimate at a 175g/t AgEq cut-off) of:

» Indicated – 116.1Mozs AgEq: 33.6Mozs Ag, 319Mlbs Pb and 813Mlbs Zn; and

» Inferred – 92.7Mozs AgEq: 20.7Mozs Ag, 131Mlbs Pb and 870Mlbs Zn

  • Safe jurisdiction, around non-narcotic related agriculture
  • Social license initiatives – Exploration Access agreements in place with local Ejido; Permits in place
  • Acquisition of new Au-Ag epithermal claims, significantly expanding the property package and target areas
  • A focus on near-term resource expansion to a target of: +30Mt grading 80-120 g/t Ag and 4-8% Pb/Zn (+300Mozs AgEq)
  • Pre-development engineering studies initiated in 2018
Schematic Cross-Section of Metal Zoning and Deposit Types

  • Mineralization is localized in sub-vertical structures and on dyke margins in the Blind and El Sol deposits; and
  • As semi-massive and massive sulphide lenses at the marble-skarn transition adjacent to the monzonite contact in the Skarn Front Deposit
Cerro Las Minitas – Infrastructure

Superior Location and Infrastructure

  • Located 70km NE of Durango (pop. ~600,000); highway road and power access
  • CLM West claims added in 2017; On trend with Avino Ag-Au Mines;
  • Property is now 265km2, in a prolific mining region, and surrounded by 4 producing mines
  • Pre-development engineering studies initiated in 2018
Skarn Front Deposit – Open for Expansion in 2018

  • The Skarn Front is the largest mineral deposit in the CLM project comprising 70% of the total Mineral Resource.
  • This new deposit is generally thicker with better continuity than the Blind and El Sol deposits.
  • High-grade mineralization forms near the intersections of the Blind – El Sol zones with the Skarn Front.
  • Significant areas remain to be tested. Including the Las Victorias and North Skarn areas (main focus of 2018 Exploration/Drill program)

Contact Details

WEBSITE: www.southernsilverexploration.com

EMAIL: info@mnxltd.com

PHONE: +1 (604) 684-9384

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