Southern Silver Acquires San Juan Gold-Silver Project
Southern Silver Exploration (TSX VENTURE:SSV)(FRANKFURT:SEG) announced that the company has signed a Letter of Intent with a private vendor to acquire a 100% interest in the San Juan gold-silver project in Sinaloa State, Mexico.
The press release is quoted as saying:
Southern Silver also reported that Phase I drilling on its Oro project located in southern New Mexico continues. Four core holes, for a total of 1239 metres have been completed which tested four separate target areas within a +2km long mineralized corridor located in the historic Eureka mining district of southern New Mexico. Drilling of a fifth hole will commence once drill crews have returned from break. Core logging and sampling is proceeding and assays are pending.
Click here to access the entire press release
Click here to access Southern Silver Corporate Site
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Thu, Jan 28, 2010
Post by Melissa Pistilli, Silver Senior Reporter