("KGL"), M3 Engineering & Technology Corp. The PEA for the Cerro Las Minitas project as summarized in this release was completed by Kirkham Geosystems Ltd. President & Director, Southern Silver Exploration Corp.įor further information, please visit Southern Silver's website at or contact us at 604.641.2759 or by email at Person Our property portfolio also includes the Oro porphyry copper-gold project where a diamond drill program is underway and the Hermanas gold-silver vein project where permitting applications for the conduct of a drill program is underway both are located in southern New Mexico, USA. Southern has assembled a team of highly experienced technical, operational and transactional professionals to support our efforts in developing (recent robust PEA) the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine. Our specific emphasis is on advancing the 100% owned Cerro Las Minitas project, one of the world's largest undeveloped silver-lead-zinc deposits, to a production decision. is an exploration and development company with a focus on the identification of world-class mineral deposits in major jurisdictions, advancing them either directly or through joint-venture relationships. Other deposits remain open laterally and to depth and remain to be explored. Well Located Project in a mining friendly jurisdiction with excellent infrastructure in southeast Durango state, Mexico andįurther Exploration Upside: Drilling through to August 2022 has confirmed mineralized extensions to the Mina La Bocona and Skarn Front deposits that have not been incorporated into the current Resource Model. The project has an Initial CapEx of US$341M High-Revenue Project: Base Case gross revenues total US$3.7B with silver representing 42% of revenues, zinc representing 39% of revenues.
Large-Scale Underground Mining Operation with a 15-year mine life with an annual average plant feed of 14.2 Mozs AgEq (inc. Robust Project Economics: an after-tax NPV8% of US$220M (C$302M) after-tax NPV5% of US$349M (C$480M) and project IRR of 17.9% (using base-case metal pricing of Ag- $21.95/oz, Cu - $3.78/lb, Pb - $0.94/lb and Zn - $1.33/lb) ("KGL"), Entech Mining Limited ("Entech"), and Metallurgical Process Consultants Limited ("MPC").įiling of the Technical Report follows Southern Silver's news release issued August 29 th, 2022 announcing the results of its Preliminary Economic Assessment ("PEA") on its 100% owned Cerro Las Minitas Project, Durango State, Mexico. The report was authored by M3 Engineering & Technology Corp. ( TSXV: SSV) ("Southern Silver") reports that it has filed on SEDAR its National Instrument 43-101 Technical Report titled Preliminary Economic Assessment of the Cerro Las Minitas Project, Durango State, Mexico, dated Octo(the "Technical Report"). earlier today, October 13th, 2022 at 5:39pm ET. This document corrects and replaces in its entirety the previous release that was issued by Southern Silver Exploration Corp. Top Battery Metals Stocks on the TSX and TSXV.
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