Southern Silver Expands Surface Targets on Newly Acquired Cerro Las Minitas Claims and Updates Oro Geophysics Program; Extends Closing of Brokered Financing

http://www.southernsilverexploration.com/en/news/168/southern-silver-expands-surface-targets-on-newly-acquired-cerro-las-minitas-claims-and-updates-oro-geophysics-program-extends-closing-of-brokered-financing.php

Southern Silver Exploration Corp (TSX-V: SSV; “Southern”) reported today on its surface float sampling program for the newly acquired Biznagas and Los Lencho claims located contiguous to the larger Cerro Las Minitas property, Durango State, Mexico.

These strategic claims were acquired and are being explored for possible epithermal vein systems, similar to productive veins at the nearby Avino Gold-Silver Mine and San Sebastian Mine which are different from the Skarn/CRD type mineralization identified at Southern’s flagship project Cerro Las Minitas.

Southern’s current surface program has been encouraging in this regard and has returned multiple float samples with strongly anomalous values of gold (0.25 to 1.28g/t Au), silver (11.6 to 57.2g/t Ag), arsenic (132 to 1155ppm), antimony (383 to 777ppm Sb) and mercury (6.1 to 45.9ppm Hg). Anomalous samples occur in three main clusters containing elevated silver values along a 7 kilometre NW-SE transect through the two claims as well as several other smaller target areas that require additional follow-up exploration.

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