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    market news

    Southern Silver Planning 13,000 Meters of Drilling at Cerro Las Minitas

    Charlotte McLeod
    Apr. 05, 2018 08:48AM PST
    Silver Investing

    Southern Silver Exploration Corp. (TSXV:SSV) announced today that a $3-million 2018 budget has been approved for exploration work at the Mexico-based Cerro Las Minitas project.

    Southern Silver Exploration Corp. (TSXV:SSV) announced today that a $3-million 2018 budget has been approved for exploration work at the Mexico-based Cerro Las Minitas project.

    As quoted in the press release:

    The program comprises 13,000 metres of drilling in two phases which will target both the systematic resource expansion in the Area of the Cerro containing the existing Mineral Resource Estimate and continued surface sampling and reverse circulation drilling on new discoveries in the recently staked CLM West claim group.

    Community consultations and agreements are completed and receipt of the second of two Environmental permits is anticipated within the next two weeks. Drilling is anticipated to begin in late April on the CLM West claim group and transition to the Area of the Cerro in June.

    The Cerro Las Minitas project operates on a joint venture basis by Southern Silver at a 40% interest and Electrum Global Holdings LP (Electrum) at a 60% interest. Southern Silver remains operator of the project. Since formation of the Joint Venture, the partners have approved over US$3.5 Million in exploration on the project since September, 2017.

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

    mineral resource estimatemarket newsjoint venturetsxv:ssv
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