Articles Tagged "CVE:SSV"

Southern Silver’s Due Diligence Completed with Freeport-McMoRan Exploration Corporation

Silver – Southern Silver Exploration Corp. (TSXV:SSV,FWB:SEG) announced that Freeport-McMoRan Exploration Corporation has completed its due diligence under an Earn-In Agreement that is related to the Cerro Las Minitas project in Durango, Mexico. The Earn-in agreement that the Company entered into granted Freeport the right to earn an indirect 70% interest in the Cerro Las Minitas property by making staged purchase payments and funding exploration and development expenditures of $25 million on the Cerro Las Minitas property.

Southern Silver’s Due Diligence Completed with Freeport-McMoRan Exploration Corporation
Southern Silver Grants Freeport-McMoRan Exploration the Option to Earn 70% Indirect Interest in Cerro Las Minitas
Southern Silver Enters Two Loan Agreements
Southern Silver Announces Additional Core Drilling at Cerro Las Minitas
Southern Silver Discovers New Mineralized Zone and Confirms the Extension of the Mina Santo Nino Chimney at Cerro Las Minitas

Skarn Copper Deposits

Copper – Arguably, copper skarns are the world’s most abundant skarn type. The largest copper skarns are associated with mineralized porphyry copper plutons. These deposits can exceed 1 billion tonnes of combined porphyry and skarn ore, with more than 5 million tonnes of recoverable copper.