Southern Silver Exploration has announced that the latest assays results continue to expand the depth and on-strike projection of silver-polymetallic mineralization at the El Sol and Blind zones on the Cerro Las Minitas project in Durango State, Mexico.
On the El Sol zone, drilling has returned a 26.1 m interval averaging 67 g/t silver, 3.3% zinc and 2.8% lead, including a 1.8 m interval averaging 163 g/t silver, 8.8% zinc and 6.9% lead from 12CLM-044 drill hole. The drill hole tested the target located 50 m to the NW of 11CLM-027 drill hole, which returned 24.8 m of 124 g/t silver, 2.1% zinc and 1.9% lead, and continues to show the lateral extension of this mineralized zone.
On the Blind zone, drilling is presently defining the internal continuity and lateral extent of the mineralized zone. Assay results from the NW zone extension are as follows:
- A 4.6 m interval averaging 146 g/t silver, 2.8% zinc and 3.0% lead from 12CLM-041 drill hole.
- A 4.2 m interval averaging 145 g/t silver, 2.0% zinc and 2.7% lead from 12CLM-043 drill hole.
A mineralized interval enriched with silver was discovered in the 12CLM-042 drill hole, which further expanded the strike length of mineralization in the Blind zone to 800 m and stays exposed along strike to the SE.
In 2011, 29 drill holes totaling 8,030 m were concluded. So far, 4630 m in 20 drill holes have been completed in 2012. Assays results from six drill holes are still pending.
Southern Silver Exploration has planned for a 20,000 m of core drilling in 2012, and expects to complete a NI 43-101 compliant resource on the initial group of targets by fourth quarter of 2012.