Southern Silver Intersects 10.4 metres Averaging 743g/t AgEq at Cerro Las Minitas Project in Durango, Mexico
Bonanza Grades at Puro Corazon De-Risk Southern Silver’s Path to Development Amid Rapid Equity Expansion
The most recent news release (January 6, 2026) reports high-grade silver-polymetallic assay results from the first four holes of a 12,000-metre diamond drill program at the Cerro Las Minitas (CLM) project, specifically targeting the newly acquired Puro Corazon claim. The standout intercept is Hole 25CLM-205, which returned a true thickness of 10.4 metres averaging 743g/t AgEq (365g/t Ag, 0.1% Cu, 7.8% Pb, and 8.2% Zn). Other holes (202, 203, 204) also hit significant mineralization, confirming continuity with the El Sol deposit and extending the main Skarn Front mineralization into previously untested areas.
The impact of this news is Material - Positive for three primary reasons: - Confirmation of High-Grade Continuity: Following the "Bonanza" results reported on December 1, 2025 (10.5m at 1,115g/t AgEq), the latest results from hole 205 confirm that the high-grade mineralization at Puro Corazon is not isolated but shows significant width and grade consistency. - Strategic Integration: The Puro Corazon claim, though only 9 hectares, sits directly over the projection of the Skarn Front deposit (the project's largest). Successfully drilling this area allows the company to consolidate the resource and potentially move higher-value material earlier into the mine plan. - Exploration Momentum: Only four holes of the 12,000-metre program have been reported. The Vice President of Exploration anticipates further positive results through Q1 2026, suggesting a steady stream of catalysts to support the recent share price appreciation.
Southern Silver is a Canadian-listed explorer focused on the Cerro Las Minitas (CLM) project in Durango, Mexico. CLM is a large-scale silver-lead-zinc-copper-gold skarn/replacement deposit. The project is currently at the Resource/PEA stage. The July 2024 PEA outlined a robust large-scale underground mining operation. Recent focus has shifted to the Puro Corazon claim, which provides near-surface, high-grade targets that were previously inaccessible to the company.