Southern Silver Exploration Corp. (Seite 759)
neuester Beitrag 15.10.14 22:59:26 von
Neuigkeiten zur Southern Silver Exploration Aktie
Nur meine Meinung.
keine Kauf- bzw. Verkaufsempfehlung
Zitat von kiskaZitat von kiska...
die letzten Tage waren für mich ziemlich stressig.
Southern wie gehabt. Aber ich bin nicht mehr ganz so pessimistisch. Wahrscheinlich dauert die Korrektur länger. SharpCharts beachten.
Bei der Einstellung zu den Edelmetallen lag ich nicht richtig. Aber es lagen wohl ziemlich viele falsch wenn ich mir die Threads so anschaue.
Den Dollarschein habe ich noch. Konservative Anlage. Mal sehen was unsere Politiker wieder für dummes Zeug anstellen. Von den Problemen in Amerika hört man (noch) fast nichts. Aber das Thema Krise USA wird auch bald wieder auf der Agenda stehen.
Ansonsten bis in 14 Tagen. Urlaub.
Southern hat ein "klassisches" Fehlsignal geliefert. Ich bin weieterhin noch nicht investiert.
Dollarschein und physisches Silber (Silber-Heiermänner) wie gehabt die einzige Anlage.
Wir sind deutlich Unterpari!
NATIONAL INSTRUMENT 62-103
1. Name and address of eligible institutional investor:
Sprott Asset Management L.P.
200 Bay Street, Suite 2700, P.O. Box 27
Royal Bank Plaza, South Tower
Global Resource Investments, Ltd.
7770 El Camino Real
Carlsbad, California 92009
(collectively, the “Offeror”)
2. The net increase or decrease in the number or principal amount of securities, and in
the eligible institutional investor’s securityholding percentage in the class of
securities, since the last report filed by the eligible institutional investor under Part
4 or the early warning requirements:
As at July 31, 2011, there is a net decrease of 1,667,500 in the holdings of common
shares (the “Common Shares”) and no change in the holdings of warrants (the
“Warrants”) of Southern Silver Exploration Corp. (the “Issuer”). Such decrease together
with an increase in the aggregate number of currently issued and outstanding shares have
resulted in an aggregate net decrease of 3.2% in the Offeror’s securityholding percentage.
3. The designation and number or principal amount of securities and the eligible
institutional investor's securityholding percentage in the class of securities at the
end of the month for which the report is made:
As at July 31, 2011, the Offeror on behalf of accounts fully managed by it, together with
joint actors, exercise control or direction over 5,032,500 Common Shares and 5,150,000
Warrants of the Issuer. Based on the number of currently issued and outstanding common
shares (as reported by the Issuer), and assuming the exercise of the Warrants, the Offeror
together with joint actors exercise control or direction over 8.9% of the issued and
outstanding common shares.
4. The designation and number or principal amount of securities and the percentage of
outstanding securities referred to in item 3 over which:
(a) the eligible institutional investor, either alone or together with any joint
actors, has ownership and control:
Weiter geht es auf sedar.
ich versteh gar nix!
MarketWire · Mehr Nachrichten von MarketWire · Archiv
Southern Silver Commences Drilling at Cerro Las Minitas and Provides an Update on Financing
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/15/11 -- Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) ("Southern Silver") reported today that Phase II drilling on the Cerro Las Minitas project has started with one hole completed to date. The newly expanded, second phase of drilling anticipates a +30 core hole program totalling 10,000 metres. Drilling will target specific occurrences located within the area of historic mining and several additional targets derived from the recently completed surface IP geophysical program including extensions of a newly discovered high-grade zone in 11CLM-008 which intersected a 1.8 metre interval averaging 1400g/t Ag, 19.7% Pb and 14.5% Zn within a 3.3 metre interval averaging 818g/t Ag, 12.9% Pb and 10.9% Zn.
Southern Silver also notes that potentially significant polymetallic mineralization has been identified in the recently completed hole 11CLM-011, which targeted a 50 metre lateral offset to the north of the bonanza-grade mineralization identified in drill hole 11CLM-008. Logging and sampling of the hole is in progress. Drilling will continue to test the lateral and down dip extensions of the high-grade mineralization.
Phase I drilling on the property by Southern Silver tested other widely-spaced targets, each of which with the potential to develop significant high-grade mineral inventories. These will be tested in the latter part of the current program. Surface work on other regional targets continues.
About the Cerro Las Minitas property
The Cerro Las Minitas property comprises 17 concessions which total 10,980 hectares and an approximate 25 kilometre lineal strike length. The property is located about 70 kilometres to the northeast of the city of Durango in Durango State, Mexico, and is accessed easily by road.
Mining has been conducted on the property since colonial times and has identified several types of silver-, lead- and zinc-enriched massive-sulphide pipes, veins and carbonate-replacement deposits (CRDs), as well as mineralized skarns at the margins of a large intrusive body. The Santa Eulalia replacement deposit (45Mt of 310g/t Ag, 7.1% Zn and 8.2% Pb) and the skarn deposit of San Martin (60Mt of 118g/t silver, 0.9% copper and 3.9% zinc) are examples of two major Mexican mines occurring in similar geological environments(1).
Limited historical drilling on the project by Noranda (not independently verified by Southern Silver) returned numerous intervals of higher grade silver and base metals, including: a 11.45 metre interval (down hole) grading 123g/t silver, 1.55% lead and 7.79% zinc from drill hole NGV-00-02 and a 1.41 metre interval (down hole) grading 529g/t silver, 6.99% lead and 1.27% zinc from drill hole NGV-00-06.
The mineralized zones at Cerro Las Minitas have been exploited to depths of 300 metres and over widths of 60 metres.
The TSX Venture Exchange has granted Southern Silver a two week extension until August 29, 2011 of the deadline to file the final documentation of its previously announced non-brokered private placement. The first tranche of the private placement issuing 14,151,706 units at a price of $0.17 per unit for gross proceeds of $2,405,790 closed on July 20, 2011.
About Southern Silver Exploration Corp.
Southern Silver Exploration Corp. is a precious/base metal exploration company and a member of the Manex Resource Group; a private company comprised of an exceptional multi-disciplinary team of professionals with specific expertise in all areas of exploration, development, corporate finance and public company administration.
Southern Silver's growth strategy is to acquire, explore and develop high-quality properties in progressive jurisdictions within North America. Its current projects include the silver-lead-zinc Cerro Las Mintas project and the copper-gold-silver Minas de Ameca in Mexico, the porphyry copper-molybdenum Dragoon project in Arizona and the gold-silver Oro project in New Mexico.
Robert Macdonald (P.Geo.) is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical contents of this release.
(1) Southern Silver advises that tonnage and grade of adjacent
properties or those used for comparative purposes may not reflect
the ultimate potential of the Cerro Las Minitas project.
On behalf of the Board of Directors
Lawrence Page, Q.C., President, Southern Silver Exploration Corp.