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 continues to advance their flagship Cerro Las Minitas silver-lead-zinc property located in Durango State, Mexico. At over 340 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 October 27th, 2021, an updated resource was announced of 42.1Moz Ag, 358Mlbs Pb and 895Mlbs Zn (137Moz AgEq; 2.3Blbs ZnEq) Indicated and 73.6Moz Ag, 500Mlbs Pb and and 1.0Blbs Zn (198Moz AgEq or 3.3Blbs ZnEq) Inferred Click here for the full report. This works out to an approximate exploration cost of $0.09 per oz of silver equivalent in the ground, suggesting a fast and cost-effective upside potential which the company plans to pursue in the coming years.
The Company also continues to advance the 2,603 hectare, 100% owned Oro Cu-Mo Au-Ag-Pb-Zn property, New Mexico, USA, where it has now completed a four hole, 4,050 metre core hole drill program. The 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 Exploration Corp.: A low risk junior exploration company with substantial upside potential is emerging as one of the premier Ag-Pb-Zn companies in Mexico.
Exploration Company / Junior Miner
Gold, silver, platinum, copper, Aluminum, lead, nickel, tin, zinc