Southern Silver Identifies New Thick High-Grade Massive Sulphide Extension at Its Cerro Las Minitas Project

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 1, 2015) – Southern Silver Exploration Corp. (“Southern Silver”) (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL) reported today that core drilling on the Cerro Las Minitas project, Durango State, Mexico has identified thick intervals of high-grade semi-massive and massive sulphide mineralization in drill hole 15CLM-081. The mineralized intercepts represent a significant lateral offset from previously outlined mineralization of the Blind-El Sol zones. Highlights from drill hole CLM-081 include:

  • a 16.8m down hole interval (8.7m est TT) averaging 136g/t Ag, 0.5%Cu, 0.3% Pb and 4.5% Zn (361g/t AgEq) including a 4.1m down hole interval (2.1m est TT) averaging 160g/t Ag, 0.6% Cu, 0.4% Pb and 12.0% Zn (663g/t AgEq), and
  • a 7.6m down hole interval (4.0m est TT) averaging 43g/t Ag, 1.1g/t Au, 0.3% Cu, 0.5% Pb and 2.8% Zn (270g/t AgEq).

Mineralization in drill hole 15CLM-081 represents a +400m vertical and +200m lateral offset from previous drilling results in the Blind Zone (see Figure 1) and the identification of a new thick zone of mineralization, previously unrecognized, in the lower part of this deposit. Mineralization is open along-strike to the southeast and up-dip of this intercept in an area that had limited drill testing to date. Further drilling is planned to test the continuation of this zone.

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