SOUTHERN SILVER EXPLORATION CORP
Southern Silver Exploration Corp. (SSV-TSX.V; SEG-FRANKFURT) is a publicly traded Canadian-based precious/base metal exploration company. The company’s directors, professional staff and its consultants are focused within North America on financial growth and technical expertise in the acquisition, exploration and responsible development of potential major mining ventures in Mexico, New Mexico and Arizona.
Corporate Strategy and Objectives
"Southern's growth strategy is to focus on the development of quality assets, in significant mineralized trends, close to infrastructure. The company is engaged in the acquisition, exploration and development of high-grade precious/base metals properties within North America. Southern Silver's high potential exploration projects combined with a low market capitalization, a commitment to the joint venture business model and low operating costs represent an excellent opportunity for future corporate growth and an increase in shareholder value.
In Mexico the company's copper/gold Minas de Ameca project encompasses a 320 sq. km claim package in a 25 kilometre long mineralized trend in Jalisco State as well as the Pinabete project, a silver-zinc-lead Carbonate Replacement Deposit (CRD) deposit located in Chihuahua State.
The Minas de Ameca project represents an outstanding high-grade copper/gold/silver exploration opportunity that is located along the western margin of the Sierra Madre Occidental terrane. Geological reconnaissance has identified several strongly mineralized, copper-rich breccias located at volcanic-intrusive contacts and numerous structurally controlled, quartz-hematite vein systems which occur along a 25 km long mineralized trend extending southeast through the Magistral 1, El Magistral and Quila properties.
The company has advanced exploration on multiple highly prospective targets within the 25 km long mineralized trend throughout 2008.
The silver-zinc-lead Carbonate Replacement (CRD) Pinabete project is located nearby to the world class Santa Eulalia and Naica deposits.
As well, the company's has highly prospective projects with world class potential located in both Arizona and New Mexico. The company’s Arizona project is the Dragoon copper/molybdenum property is located approximately 100 kilometres southwest of Tucson, Arizona. And in New Mexico the Oro project is a 1,150 hectare gold, silver, copper, lead and zinc project with excellent potential for discovery.
Southern Silver Exploration Corp.: A low risk junior exploration company with substantial upside potential.
COMPANY WEB PAGE
Canadian based silver mining/exploration company, main project Cerro Las Minitas Project (70km northeast of Durango, Mexico, size: 13,700 ha)
Mineral resoure estimates: Indicated 36.5 million oz AgEq (10.8 Moz Ag, 189 Mlbs Pb, and 207 Mlbs Zn) Inferred 77.3 Moz AgEq (17.5 Moz Ag, 237 Mlbs Pb and 626 Mlbs Zn)
Exploration target of 20 Mt 80-120 g/t Ag and 4-8% Pb/Zn (up to 200 Moz AgEq)
Experienced management team (Chairman also Chairman of Nova Gold), partnered with Electrum Global Holdings a private natural resource investment company (will fund up to 5 million over next 48 months, can earn up to 60% intrest on the Cerro Las Minitas property)
35,000 m drilling since 2011
2016 drill program of $850,000 (3236 m in stepouts and expansion (project still open) + 1500m "wildcat holes")
Also have 100% owned Oro Property in New Mexico; surface Au/Ag/Cu/Pb/Zn mineralization, Begin drilling in Fall 2016 ($300,000)
79.5 mil shares outstanding, fully diluted 141 mil (7 mil options, 54.5 mil warrants) Smaller sized market cap
Ownership: Mgmt 10%, Electrum Global Holdings 46%