www.southernsilverexploration.com
Southern Silver Exploration Corp. (SSV-TSX.V; SEG-FRANKFURT) is a publicly traded Canadian-based precious and base metals exploration company. The company’s management team and professional staff have expertise in the acquisition, exploration and responsible development of potential world-class mining ventures in Mexico, New Mexico and Arizona. In New Mexico, the Oro project is a 1,150-hectare gold, silver, copper, lead and zinc project with excellent potential for new discovery. Drilling of the Oro Project is currently underway with results expected in Q2 of 2010.
In Mexico the company’s gold/copper Minas de Ameca project encompasses a 320 sq. km claim package in a 25 kilometer long mineralized trend in Jalisco State and the Pinabete project, a silver-zinc-lead Carbonate Replacement Deposit (CRD) deposit located in Chihuahua State. As well, the company’s has highly-prospective projects in Arizona. The company’s Arizona project is the Dragoon copper/molybdenum property located approximately 100 kilometres southwest of Tucson.
Southern Silver announces thick copper, molybdenum intervals at Dragoon
Southern Silver Exploration Corp (CVE:SSV) announced Thursday that several thick intervals of strong copper and molybdenum grades were returned from its Dragoon project near Tucson, Arizona.
The company said the drill hole results indicate a large, widespread hydrothermal system that could produce potentially significant mineralization.
Assays from the second hole, DS-11-02, found 527.4 metres grading 0.06% copper, including 353.7 metres at 0.08% copper; 85.4 metres at 0.11% copper; and 12.2 metres grading 0.25% copper.
This hole was drilled to a depth of 1,054.9 metres, at a 90-degree dip angle.
Hole DS-11-01, the first of the drill program, which is being conducted by the property's optionee, Freeport-McMoRan Exploration Corp, returned 402 metres at 0.05% copper.
The Dragoon property covers a 12.8 square kilometre area that comprises 68 patented mining claims and four State leases.
In 2009, Southern Silver signed an earn-in agreement with Freeport-McMoRan, whereby Freeport-McMoRan can earn a 70% interest in Dragoon by spending USD $3.0 million on the property by the end of 2012.
Southern Silver's stock on the TSX-Venture Exchange rose 7.14% as of 3:29 pm EDT, to trade at $0.15 per share.


















