Southern Silver Exploration Company (TSXV: SSVCrews have mobilized in preparation for more drilling at the Cerro Las Minitas project, Durango, Mexico, reported.
The upcoming exploration program follows 2025-2026 drilling on the property which successfully identified mineralization at the Puro Corazon target and returned multiple intercepts of high-grade, multi-metallic Ag-Pb-Zn mineralization. Mineralization extended laterally over the full 400 meters of the Puro Corazon claim and to depths of up to 450 meters below surface.
The current program will build on this previous work and include up to 12,500 meters of induction drilling designed to increase classification confidence of a subset of high-grade, near-surface mineralization at the Puro Corazon target and forms part of a larger program to geologically and spatially evaluate the historic Puro Corazon claim and integrate core mineralization into the larger CLM zone.
Other work on the CLM project includes an update to the mineral resource estimate based on the latest drilling at Puro Corazon, scheduled for Q3 2026 and progress on several engineering opportunities identified in the 2024 Preliminary Economic Assessment (PEA) for the project.
As currently designed, the Cerro Las Minitas project features a large-scale underground mining operation with strong project economics and high gross revenues in a well-located, mining-friendly area in southeastern Durango, Mexico.
The company plans to incorporate the results of the 2025-26 Puro Corazon drilling program into the larger Cerro Las Minitas project which is expected to significantly enhance the economics of the project and mining plan. Final tests of drilling were received 2025-26. Work during Q3 and Q4 2026 will include: updating the Mineral Resource Estimate for the Cerro Las Minitas Project followed by updating the Preliminary Economic Assessment (PEA) of the project in accordance with the provisions of NI 43-101 and continuing progress on baseline data collection and permit readiness review.
The company reported that following the acquisition of the Puro Corazon claim and up to the PEA in July 2024, work on the Cerro Las Minitas project continues to advance numerous economic and mine development opportunities while de-risking and advancing the project with the commencement of core data collection, hydrology, surveys, and geotechnical, archaeological and land studies.
Southern Silver is focused on the 100% owned Cerro Las Minitas silver, lead and zinc project located in the heart of Mexico’s Faja de Plata region, which includes several world-class mineral deposits such as Peñasquito, Los Gatos, San Martin, Naica and Petarella. The Company has assembled a team of professionals with technical, operational and transactional expertise to support our exploration efforts in developing the Cerro Las Minitas Project into a premium, high-quality silver lead and zinc mine.
It is located in the same state as Cerro Las Minitas, the Nazas’ newly acquired gold and silver estate. The company’s portfolio also includes the Oro Porphyry copper-gold project and the Hermanas gold-silver vein project where applications are currently being submitted for a drilling program, both located in southern New Mexico, USA.
