Southern Silver Exploration Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in North America.Southern Silver’s growth strategy is to focus on the development of quality assets, in significant mineralized trends, close to infrastructure. With this in mind, the Company is engaged in the acquisition, exploration and development of high-grade precious/base metals properties within North America. The high exploration potential of Southern Silver's projects combined with a low market capitalization, a commitment to the joint venture business model and low operating costs create an excellent opportunity for future corporate growth and an increase in shareholder value.Southern Silver’s is continuing to advance their flagship Cerro Las Minitas silver-lead-zinc property located in Durango State, Mexico. At over 130 square kilometers in size, the project features a large land position within the prolific Faja de Plata (Belt of Silver) of northern Mexico, with historic production and resources of over three billion ounces of silver and additional potential for future “world class” discoveries.On March 21st, 2016, the company released an initial 43-101 resource for the Cerro Las Minitas project of 10.8Mozs Ag, 189Mlbs Pb and 207Mlbs Zn (36.5Mozs AgEq) Indicated and 17.5Mozs Ag, 237Mlbs Pb and 626Mlbs Zn (77.3Mozs AgEq) Inferred(1) . This works out to an approximate exploration cost of $0.10 per oz of silver equivalent in the ground, suggesting a fast and cost-effective upside potential which the company plans to execute in the coming years.
The Company continues to advance the Oro property, New Mexico, USA. This 100% owned 1,150 hectare, gold, silver, copper, lead and zinc property features a classic porphyry zonation over a 6 square kilometer area within the highly prospective Laramide Porphyry belt of the southern USA. Southern Silver is actively seeking a partner to finance further exploration on this property.Southern Silver Exploration Corp.: A low risk junior exploration company with substantial upside potential
Company Name | Southern Silver Exploration Corp |
Business Category | Silver |
Address | Suite 1100 1199 West Hastings St Vancouver British Columbia Canada ZIP: V6E 3T5 |
President | Lawrence Page |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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