Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Southern Silver Exploration Corp

Publié le 01 décembre 2010

Southern Silver Completes Cerro Las Minitas Agreement

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Copper | G Mexico | K Street | Zinc |
You're receiving this email because of your relationship with Southern Silver Exploration, a Manex Resource Group company. Please confirm your continued interest in receiving email from us.
 
You may if you no longer wish to receive our emails.

December 1, 2010

Southern Silver Completes Cerro Las Minitas Agreement

Southern Silver Exploration Corp. (SSV.V) reported today that a formal agreement has been executed which grants Southern the right to acquire a 100% interest in the Cerro Las Minitas project located 70 kilometres northeast of Durango, Durango State, Mexico.

The agreement with a private vendor, which follows the previously announced Letter of Intent (NR-08-10), grants Southern the right to acquire a 100% interest in the project by making scheduled payments to a total of US$4,000,000 over a three year period. Initial consideration is a US$300,000 cash payment with escalating payments every six months for the term of the option.. The property, comprising 17 concessions and totaling 10,980 hectares, lies within the Faja de Plata (Belt of Silver) of north-central Mexico, one of the most significant silver producing regions in the world with current reserves/resources and historic production in excess of 3 billion ounces of silver.

Small-scale mining has been active on the property since colonial times, identifying several types of silver-, lead- and zinc-enriched massive-sulphide pipes, veins and replacement deposits in the skarn-altered margins of a large intrusive body in a similar geological environment to that of major Mexican Carbonate Replacement Deposits (CRDs) such as Santa Eulalia (45Mt of 310g/t Ag, 7.1% Zn and 8.2% Pb) and Skarn deposits such as San Martin (60Mt of 118g/t silver, 0.9% copper and 3.9% zinc).

Limited historical drilling on the project by Noranda (not independently verified by Southern Silver) returned numerous intervals of higher grade silver and base metals including a 11.45 metre interval (down hole) grading 123g/t silver, 1.55% lead and 7.79% zinc from drill hole HGV-00-02, and a 1.41 metre interval (down hole) grading 529g/t silver, 6.99% lead and 1.27% zinc from drill hole NGV-00-06.

Southern Silver has initiated a detailed mapping and sampling program of surface exposures and trenches in the area of the historic mining and exploration activity. Results to date have confirmed the general tenor of historically reported mineralization on the property with six of 44 initial grab and chip samples returning values in excess of 100g/t silver including 464g/t silver and 15.7% lead and 1.16% zinc from 10CM-13, and 360g/t silver and 6.95% lead from sample 10CM-40. The company plans more systematic sampling of select surface exposures and historical trenches together with underground mapping of critical workings to enable a 3-dimensional rendering of the historic drill database and workings. Acquisition and reprocessing of available regional geochemical and geophysical data is also underway and will be used to guide further airborne and surface geophysical studies over the property in early 2011 with an anticipated +3,000 metre Phase I drill program to follow this work.

Southern Silver�s objective is to discover and develop large precious and base-metal rich deposits similar to recent discoveries in central Mexico including Penasquito (Reserves - 17.8Moz gold, 1,070 million ounces silver), Pitarilla (Geological Resource - 600 million ounces silver) and San Nicolas (Geological Resource � 1,900 million pounds copper, 2,900 million pounds zinc, 1.1 million ounces gold, 67 million ounces silver).

On behalf of the Board of Directors.
�Lawrence Page�.
Lawrence Page, President, Southern Silver Exploration Corp.

For further information visit southernsilverexplorationor please contact Liana Shahinian at 1-888-456-1112 / 604-641-2773 or by email at liana@mnxltd.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Corporate Profile What's New Projects Investors News Contact Us Sitemap

Copyright � 2010 Southern Silver Exploration Corporation

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company�s projects, and the availability of financing for the company�s development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Southern Silver Exploration Corp. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.


Forward email

This email was sent to .com by tanderson@mnxltd.com.
Update Profile/Email Address | Instant removal with � | Privacy Policy.

Southern Silver Exploration | #1100 - 1199 West Hastings Street | Vancouver | British Columbia | V6E 3T5 | Canada

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Southern Silver Exploration Corp

EXPLORATEUR
CODE : SSV.V
ISIN : CA8438141043
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Southern Silver Expl. est une société d’exploration minière d'argent basée au Canada.

Southern Silver Expl. détient divers projets d'exploration au Canada et au Mexique.

Ses principaux projets en exploration sont ORO POLYMETALLIC PROJECT, MAGISTRAL I, PINABETE, DRAGOON, SANTO DOMINGO (EL COYOTE) et CERRO LA MINITAS au Mexique et RORKE LAKE PERMITS 219 AND 220 au Canada.

Southern Silver Expl. est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 17,2 millions CA$ (12,5 millions US$, 11,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 07 janvier 2011 à 3,75 CA$, et son plus bas niveau récent le 22 janvier 2016 à 0,03 CA$.

Southern Silver Expl. possède 85 750 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Southern Silver Exploration Corp
11/03/2015Closes Private Placement
21/10/2013Closes Oversubscribed Financing
20/09/2013Closes First Tranche of Financing
Nominations de Southern Silver Exploration Corp
26/03/2015Pays Credit Facility; Appoints Directors
Projets de Southern Silver Exploration Corp
16/07/2013Reports 9.2 metres of 401g/t Ag, 8.5% Pb and 5.1% Zn and Ext...
07/06/2013President Lawrence Page Speaks With Resource Investing News
19/03/2013Oro Project Update
15/08/2012(Dragoon)Extends Blind Zone Deposit at Depth on Cerro Las Minitas; Re...
15/03/2011(La Minitas)Southern Silver Starts Drilling at Cerro Las Minitas
14/03/2011(La Minitas)Starts Drilling at Cerro Las Minitas
01/03/2011(Dragoon)Starts Exploration on Cerro Las Minitas, Second Hole Complet...
22/01/2011(Oro Polymetallic Project)Drilling Underway on Southern’s Dragoon Project; New Claims ...
22/01/2011(Dragoon)Drilling Underway on Southern’s Dragoon Project; New Claims ...
01/12/2010(La Minitas)Southern Silver Completes Cerro Las Minitas Agreement
Communiqués de Presse de Southern Silver Exploration Corp
29/10/2015Southern Silver Substantially Extends Mineralization Through...
05/10/2015Southern Silver Listing On Santiago Stock Exchange; Appoints...
01/10/2015Southern Silver Identifies New High-Grade Gold-Silver Discov...
26/03/2015Southern Silver Pays Credit Facility, Appoints Directors
26/03/2015Southern Silver Pays Credit Facility; Appoints Directors
11/03/2015Southern Silver Closes Private Placement
06/03/2015Southern Silver Reports on Equity Raise and Corporate Matter...
06/03/2015Reports on Equity Raise and Corporate Matters
28/01/2015Southern Silver Announces Private Placement and Corporate Re...
21/11/2014Southern Silver Obtains Loan Facility to Fund Final Option P...
20/11/2014Southern Silver Obtains Loan Facility to Fund Final Option P...
29/10/2014Southern Silver Completes Cerro Las Minitas Property Transfe...
12/09/2014Southern Silver Reports on Cerro Las Minitas Project and Ann...
05/08/2014Southern Silver Re-Acquires Oro Project; Provides Corporate ...
09/06/2014FMEC Funds a $250,000 Option Payment; Drilling Continues at ...
04/11/2013FMEC Reports First year Exploration Results and Funding of a...
08/08/2013Completes Purchase of Oro Property
23/05/2013Reports on the Cerro Las Minitas Project
15/04/2013.: Drilling Commences on the Cerro Las Minitas Project
02/04/2013Announces Exploration and Drilling Program on Cerro Las Mini...
14/03/2013Provides Corporate Update
31/01/2013Closes First Tranche of Private Placement: Options Oro Proje...
24/01/2013Adopts Advance Notice Policy for Director Nominations
16/01/2013Announces Equity Financing and Commencement of Exploration P...
10/12/2012Completes Due Diligence and Plans Exploration at Cerro Las M...
10/12/2012Completes Due Diligence and Plans Exploration at Cerro Las M...
23/10/2012Signs Earn-In Agreement With Freeport-McMoRan on Cerro Las M...
16/10/2012Announces Loan Agreements
01/05/2012Extends the Extent of Mineralized Zones at Cerro Las Minitas
13/02/2012Southern Silver Drills 24.8 Metres averaging 124g/t Silver, ...
03/02/2012Southern Silver Engages Auburn Partners as Investor Relation...
06/12/2011Southern Silver Drills 10.8 metres of 70g/t Ag, 1.6% Pb and ...
08/09/2011News Release
25/08/2011News Release
17/08/2011News Release
15/08/2011News Release
11/05/2011News Release
11/05/2011Hits 6.8 metres of 153g/t Ag, 1.47% Pb and 1.01% Zn at Cerro...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (SSV.V)FRANKFURT (SEG.F)
0,200-2.44%0,0070
TSX-V
CA$ 0,200
26/04 12:48 -
-2,44%
Cours préc. Ouverture
0,205 0,200
Bas haut
0,195 0,200
Année b/h Var. YTD
0,110 -  0,245 25,00%
52 sem. b/h var. 52 sem.
0,110 -  0,245 -11,11%
Volume var. 1 mois
56 500 25,00%
24hGold TrendPower© : 3
Produit
Développe
Recherche Copper - Gold - Lead - Molybdenum - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
202429,03%
2023-20,51%0,310,15
2022-37,10%0,410,14
2021-40,38%0,700,25
2020108,00%0,690,06
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,70 AU$-0,65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
12,26 US$+2,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$-1,86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,23 CA$+4,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+4,26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,20 AU$+2,63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,88 CA$+0,53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,71 US$+0,19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :