Southern Silver Exploration is a precious/base metal exploration company based in Vancouver, Canada and a member of the Manex Resource Group. The company’s growth strategy is to acquire, explore and develop high-quality properties in progressive jurisdictions within North America.
At over 150 sq. km in size, Southern Silver’s Cerro Las Minitas project, located in Durango State, features a large land position in the prolific Faja de Plata (Belt of Silver) of northern Mexico. Between 2010 and 2012, Southern completed a comprehensive program involving surface exploration, airborne and ground geophysics followed by diamond drilling for 15,510 metres of coring in 62 holes. In-house modeling of two new deposits identified multiple distinct mineralized structures with an 820 metre cumulative strike-length, with depth projections of up to 300 metres below surface. Mineralization is open on strike and at depth. The 2012 option agreement with copper miner Freeport-McMoRan provides the stable funding, up to $25 million over ten years, required to advance the project toward additional discovery and development. Since the agreement, Freeport has completed further geochemical and geophysical surveys as well as drilling 13 holes for a total of 7,800m to date.
In Arizona the company’s Dragoon project is a contiguous block of 12.8 sq. km that contains areas of exposed copper and molybdenum mineralization. Exploration on the Dragoon property is targeting a deeply buried porphyry Cu-Mo system of potentially similar size and grade as the Resolution deposit, a world-class porphyry Cu-Mo system.
The 6.9 sq. km Oro Project covers the majority of the historic Eureka Mining District in Grant County, New Mexico. The company has identified multiple prospective drill targets throughout a 2 kilometre long mineralized corridor largely untested by modern exploration. Oro is a gold, silver and base metal project with excellent potential for discovery.
Southern Silver is affiliated with Manex Resource Group, a private company comprised of an exceptional multi-disciplinary team of professionals, with specific expertise in all the areas of exploration, development and public company administration.