Southern Company(SO) Newsfile·2025-02-26 14:30Core Insights - Southern Silver Exploration Corp. has reported successful drilling results from its Cerro Las Minitas project, indicating significant extensions of silver-polymetallic mineralization at the South Skarn deposit [1][6] - The drilling program included six core holes totaling 2395 meters, which successfully intersected thick intervals of mineralized skarn and identified strong gold-enrichment in several intercepts [2][4] Drilling Results - Notable highlights from drill hole 24CLM-198 include: - A 0.5-meter interval averaging 154g/t Ag, 0.2g/t Au, 5.6% Cu, and 0.1% Zn, resulting in 834g/t AgEq within an 8.9-meter interval averaging 222g/t AgEq [4] - A 4.0-meter interval averaging 81g/t Ag, 0.2g/t Au, 0.1% Cu, 0.4% Pb, and 3.9% Zn, yielding 267g/t AgEq [4] - A 0.9-meter interval averaging 124g/t Ag, 5.2g/t Au, and 4.0% Pb, equating to 682g/t AgEq [4] - A 5.1-meter interval averaging 7g/t Ag and 1.8g/t Au, corresponding to 167g/t AgEq [4] Project Development - The Cerro Las Minitas project is designed as a large-scale underground mining operation with strong project economics and high gross revenues, situated in a mining-friendly jurisdiction in southeast Durango, Mexico [7] - The company is advancing various upside opportunities identified after the July 2024 Preliminary Economic Assessment (PEA) and is conducting baseline data collection, hydrology, geotechnical, archaeological, and land surveys [6][10] Company Overview - Southern Silver Exploration Corp. focuses on discovering world-class mineral deposits, particularly through its 100% owned Cerro Las Minitas project, which is located in Mexico's Faja de Plata [10] - The company has a portfolio that includes the newly acquired Nazas gold-silver property and other projects in New Mexico, USA [10]