Jay Taylor Interviews Lawrence Page of Southern Silver (TSX.V - SSV) - Video Posted on InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, February 10, 2011 - Jay Taylor, Editor of J.
Taylor's Gold, Energy & Tech Stocks Report, and Publisher at
www.jaytaylormedia.com interviews Lawrence Page, President of Southern Silver
Exploration Corp. (TSX.V - SSV).
This video is one of Jay Taylor's "Face the Analyst" series of interviews, and
is available for viewing on investmentpitch.com. If this link is not enabled,
please visit www.investmentpitch.com and enter "Southern Silver" in the search
box.
About Southern Silver Exploration Corp.
Southern Silver Exploration Corp. is an emerging precious/base metal exploration
company and a member of the Manex Resource Group; a private company comprised of
team of professionals, with specific expertise in all the areas of exploration,
development and public company administration.
The company's growth strategy is to acquire, explore and develop high-quality
properties in progressive jurisdictions within North America. Its current
projects include the silver-lead-zinc Cerro Las Mintas, the copper-gold-silver
Minas de Ameca, and the silver-zinc-lead Pinabete, all in Mexico, and the
porphyry copper-molybdenum project Dragoon in Arizona and the gold-silver
project Oro in New Mexico.
About the Cerro Las Minitas property
The Cerro Las Minitas property comprises 17 concessions which total 10,980
hectares and an approximate 25 kilometre lineal strike length. The project lies
within the Faja de Plata (Belt of Silver) of north-central Mexico, which is one
of the most significant silver producing regions in the world. Current
reserves/resources and historic production from this region are in excess of
three billion ounces of silver.
Mining has been conducted on the property since colonial times and has
identified several types of silver-, lead- and zinc-enriched massive-sulphide
pipes, veins and carbonate-replacement deposits (CRDs), as well as mineralized
skarns at the margins of a large intrusive body. The mineralized zones at Cerro
Las Minitas have been exploited to depths of 300 metres and over widths of 60
metres.
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 123 grams
per tonne silver, 1.55% lead and 7.79% zinc from drill hole HGV-00-02 and a
1.41 metre interval (down hole) grading 529 grams per tonne silver, 6.99% lead
and 1.27% zinc from drill hole NGV-00-06.
The company recently announced plans to conduct an intensive exploration program
on the Cerro Las Minitas project commencing in February 2011. The program will
consist of airborne, ground geophysics, and a minimum of 3,000 metres of diamond
drilling.
The geophysical program will include:
· An Airborne Magnetic Survey covering the entire 10,980 hectare property,
including the known mineralized zones at Cerro Las Minitas. The airborne survey,
consisting of 1,100 line-kilometres, will commence mid to late February and will
assist in understanding the geology and identifying drill targets. The
geophysical targets will be examined with follow-up mapping, sampling and ground
geophysics.
· A Ground I.P. Survey, consisting of approximately 20 line kilometres, will
cover the immediate area of historic mining at Cerro Las Minitas. The survey
will help define the lateral and down-dip extent of the wide (up to 60 metres)
contact skarn zone that is located at the contact of an intrusion and
limestone. The skarn contains well documented high-grade, silver-, lead- and
zinc-rich replacement chimney and manto deposits, which were the focus of
historical mining in the area. In addition, the skarn hosts disseminated copper
and gold mineralization.
The geophysical program will cover both known areas of mineralization and newly
recognized unexplored regions that may then be prioritized based on similarity
to the known mineralized zones.
A minimum 3,000 metre diamond drill program will consist of two phases:
· The primary phase is planned to commence upon receipt of environmental
permits, which are currently in the application process, and will focus on
geological targets and those targets identified by previous drilling.
· The second phase will test the anomalies generated by the magnetic and I.P.
surveys.
Previously reported assays from a program of detailed mapping and sampling of
surface exposures and trenches in the area of the historic mining by Southern
Silver confirmed both the style and general tenor of historically reported
mineralization on the property. Eleven of 86 initial grab and chip samples
returned values in excess of 100 grams per tonne silver, including 464 grams per
tonne silver and 15.7% lead and 1.16% zinc from a hand-cobbled sample from the
Santa Nino chimney (Southern Silver advises that grab and select chip samples
may not be representative of all mineralization on the property).
Additional select chip sampling of historic trenches to the southeast and east
of the high-grade mantos and chimneys returned strongly anomalous gold (+1g/t)
and copper (0.1% to 0.8%) mineralization, which represent significant bulk-
tonnage targets in the skarn immediately adjacent to the main intrusive body.
Other Properties
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 silver-zinc-lead Carbonate Replacement (CRD) Pinabete project is located
nearby to the world class Santa Eulalia and Naica deposits.
As well, the company 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.
For more information on Southern Silver's extensive projects, please visit their
website at www.southernsilverexploration.com or contact Liana Shahinian at
604-641-2773 or liana(at)mnxltd.com.
InvestmentPitch, a multimedia technology company, offers a combined solution for
creating, hosting, and distributing financial video content.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentPitch.com
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Source: InvestmentPitch via Thomson Reuters ONE
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Datum: 11.02.2011 - 07:22 Uhr
Sprache: Deutsch
News-ID 51356
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