Southern Silver reported today that the Company has received approval from the TSX Venture Exchange to extend the final closing date of its previously announced brokered private placement until September 29th, 2017. The private placement is comprised of a brokered and non-brokered component. Gravitas Securities Inc. is acting as lead agent of the brokered portion of the private placement. As announced on August 31st [...]
Southern Silver Exploration reported today that it has intersected the down-dip projection of two mineralized zones in the newly identified Las Victorias target located southeast of the known mineral deposits on the Cerro Las Minitas project, Durango State. The mineral intercepts from drill hole 17CLM-105 are significant since: they confirm the extension of the Blind Zone and Skarn Front deposits to the southeast of their [...]
Southern Silver Exploration has closed the second tranche of its previously reported private placement by issuing 1,170,000 units at a price of $0.40 per unit for gross proceeds of $468,000. The private placement was comprised of a brokered and non-brokered component. Gravitas Securities Inc. acted as lead agent of the brokered portion of the private placement. Each unit consists of one common share and one share purchase [...]
Southern Silver Exploration reported today that the Company has received approval from the TSX Venture Exchange to extend the final closing date of its previously announced brokered private placement until September 15th, 2017. As announced on June 13th, 2017, the Company has already closed the first tranche of the Offering by issuing 6,372,500 units for a total of $2,549,000. The Offering, which was initially announced [...]
Southern Silver Exploration reported today that it continues to identify high-grade mineralization from the current core drilling program on the Cerro Las Minitas project, Durango State, Mexico. Recent drilling has identified two thick intervals of mineralization in hole 17CLM-101 opening up the potential for significant extensions to the Blind Zone and Skarn Front deposits to the southeast of their currently drill [...]
Southern Silver Exploration 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 [...]
Southern Silver Exploration 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, 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 [...]
Southern Silver Exploration reported today additional assay results from the core drilling program on the Cerro Las Minitas project, Durango State, Mexico, which extend to depth earlier reported copper enriched mineralization in hole 17CLM-098. The mineralized interval in the lower part of hole CLM-098 now totals 53.8 metres (32.8m est. TT) averaging 105.1g/t Ag and 0.9% Cu. The mineralization extends from 1086.0 metres [...]
Southern Silver Exploration reported today that geophysical crews are mobilizing to commence a +300 line kilometer airborne Z-TEM survey over the Oro property, New Mexico. The geophysical survey, which will be conducted over the entire property at 200m line spacing by Geotech Airborne Geophysical Surveys, is part of a larger evaluation of the project by Southern Silver to identify new targeting to test the Cu-Mo porphyry [...]
Southern Silver Exploration has closed the first tranche of its previously reported Brokered private placement by issuing 6,372,500 units at a price of $0.40 per Unit for gross proceeds of $2,549,000. Gravitas Securities Inc. is the lead agent of the $5 million placement of Units. Each Unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three [...]
Southern Silver Exploration reported today additional assay results from the 2017 core drilling program on the Cerro Las Minitas project, Durango State, Mexico, which identified a thick zone of silver-copper enriched mineralization in hole 17CLM-098. Highlights from 17CLM-098 include: a 14.5m down hole interval (8.7m est. True Thickness) averaging 288g/t Ag, 2.0% Cu, 0.8% Pb and 1.2% Zn (575g/t AgEq; 16.2% ZnEq) including [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 18, 2017) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Southern Silver Exploration Corp. (TSX VENTURE:SSV)(OTCQB:SSVFF)(FRANKFURT:SEG1)(SSE:SSVCL) ("Southern" or "the Company") has entered into an agreement with Gravitas Securities Inc. ("GSI" or [...]