Resource News

Southern Silver Exploration Corp.(TSXV:SSV) announced that it is planning a new non-brokered private placement. The Company will issue 16,700,000 units at $0.12 per unit to raise $2,004,000. Proceeds from the private placement will be used for exploration and property maintenance at the Company’s Cerro Las Minitas project and Oro project.

Southern Silver Exploration Corp.(TSXV:SSV) announced that it is planning a new non-brokered private placement. The Company will issue 16,700,000 units at $0.12 per unit to raise $2,004,000. Proceeds from the private placement will be used for exploration and property maintenance at the Company’s Cerro Las Minitas project and Oro project.

As quoted in the press release:

The Company plans 20,000 metres of core drilling in 2012, with the aim of completing a NI 43-101 compliant resource on these first targets by Q4 of 2012. This will be the initial milestone toward the Company’s goal of delineating a larger, multi-million tonne, high-grade, silver-enriched polymetallic resource on the project.

Click here to read the Southern Silver Exploration Corp. (TSXV:SSV) press release


Click here to see the Southern Silver Exploration Corp. (TSXV:SSV) profile

Featured

MARKETS

Markets
TSX20197.61+15.69
TSXV702.09-3.49
DOW31261.90+8.77
S&P 5003901.36+0.57
NASD11354.62-33.88
ASX7145.60+81.10

COMMODITIES

Commodities
Gold1846.53+0.13
Silver21.75+0.03
Copper4.30+0.02
Palladium1968.65+11.53
Platinum957.67+3.19
Oil110.35-1.86
Heating Oil3.62-0.05
Natural Gas8.06-0.25

DOWNLOAD FREE REPORTS

×