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GlobeNewswire (Europe)
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InvestmentPitch: Jay Taylor Interviews Lawrence Page of Southern Silver (TSX.V - SSV) - Video Posted on InvestmentPitch.com

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 (http://www.investmentpitch.com/media/779/Southern_Silver_Exploration_Corp._TSX.V:_SSV_-_News_Alert/)" series of interviews, and is available for viewing on investmentpitch.com.  If this link is not enabled, please visit www.investmentpitch.com (http://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 (http://www.southernsilverexploration.com/) or contact Liana Shahinian at 604-641-2773 or liana@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@investmentPitch.com

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: InvestmentPitch via Thomson Reuters ONE


HUG#1487965


© 2011 GlobeNewswire (Europe)
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