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Southern Silver Drilling Underway at Stockpond Target, Oro Project, New Mexico
Southern Silver Exploration (TSXV: SSV) (“Southern Silver”) reported today that Phase II drilling on the Stockpond gold target has commenced on its 100% owned Oro project. The program will consist of 8-10 reverse-circulation (RC) drill holes totaling approximately 1,200m, which will test lateral offsets of gold mineralization identified in 2016 drilling. In addition, results of a +300-line kilometer airborne Z-TEM …
Southern Silver Exploration (TSXV: SSV) (“Southern Silver”) reported today that Phase II drilling on the Stockpond gold target has commenced on its 100% owned Oro project. The program will consist of 8-10 reverse-circulation (RC) drill holes totaling approximately 1,200m, which will test lateral offsets of gold mineralization identified in 2016 drilling.
In addition, results of a +300-line kilometer airborne Z-TEM survey over the entire Oro property have been received and evaluated, resulting in additional claims being staked to cover new targets that now have been sampled for further evaluation.
The drilling program is a follow-up to Phase I drilling at the Stockpond target in 2016, which consisted of nine RC drill holes totaling 1,223m and targeted a previously defined 500m x 500m gold-in-soil anomaly with a small outcrop and trenched bedrock exposures of strongly silicified and oxidized, gold-bearing sedimentary rocks.
Drilling intersected thick horizons (10’s of metres) of strongly silicified and hematite-rich sediments in eight of the holes, with the higher gold grades being spatially associated with zones of strong silicification.
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