The Conversation (0)
Feb. 13, 2012 07:21AM PST
Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) reported today that new assays from 2011 drilling have identified silver-enriched high-grade polymetallic mineralization in two separate target areas on the Cerro Las Minitas project, located in Durango State, Mexico.
As quoted in the press release:
El Sol Zone Drilling
Drill testing of the recently identified El Sol zone returned a 24.8 metre interval averaging 124g/t silver, 1.9% lead and 2.1% zinc (239g/t AgEq) which included a 2.8 metre interval averaging 404g/t silver and 1.4% lead and 2.5% zinc (509g/t AgEq) from drill hole CLM11-027. The El Sol zone is an adjacent and sub-parallel mineralized structure located approximately 125 metres to the northeast of the new Blind zone discovery. A second hole, CLM11-029, also returned strongly anomalous polymetallic mineralization and is reported in Table 1.
Drill hole CLM11-27 tested both the El Sol and Blind zone structures and returned a near-surface mineralized intercept from the El Sol zone (as reported above) and two intercepts deeper in the Blind zone. The El Sol intercept occurs along strike from previously reported mineralization in drill holes CLM11-006 (7.8 metres of 221g/t Ag, 6.2% Pb and 2.1% Zn; NR-06-11) and CLM11-015 (1.3 metres of 165g/t Ag, 6.2% Pb, 2.4% Zn; NR-17-11). The El Sol zone has now been tested over a 250 metre strike-length to depths of up to 150 metres and remains open in all directions.
Blind Zone Drilling
• an additional 3.5 metre interval averaging 146g/t silver, 6.4% lead and 3.5% zinc (417g/t AgEq) from deeper in hole CLM11-027;
• a 1.4 metre interval averaging 528g/t silver, 10.5% lead and 1.3% zinc (847g/t AgEq) from drill hole CLM11-022; and
• a 1.5 metre interval averaging 146g/t silver, 4.7% lead and 7.8% zinc (490g/t AgEq) from drill hole CLM11-028.
Click here to read the Southern Silver Exploration Corp. (TSXV:SSV) press release
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