Southern Silver Exploration Corp reported today on its surface float sampling program for the newly acquired Biznagas and Los Lencho claims located contiguous to the larger Cerro Las Minitas property, Durango State, Mexico.

Neil Woodyer, CEO stated “ When we acquired Los Filos three months ago, we anticipated that it would take us approximately six months – Q2 and Q3 – to transition the mine and to operate it in the way we believed it should be. We also expected, that during this transition phase, we would plan the development of the Bermejal Underground mine expansion project. We are now half-way through this period and we have made very good progress. Furthermore, we now expect significant production and cost improvements will be reflected in the results of Q4 and onwards.

“This marks the second exploration alliance Evrim has entered into with Newmont since the Trans-Mexican Volcanic Belt program in 2012”, commented Paddy Nicol, Evrim’s President and CEO. “Combining Evrim’s generative knowledge and capabilities with Newmont’s exploration and BLEG expertise has proven effective and reliable in the assessment of large tracts of ground. Leveraging partner expertise and co-funded capital are the hallmarks of a successful value generator business and forging repeat business with major partners such as Newmont is an indication of Evrim’s execution in growing a high-quality property portfolio”.

Neil Woodyer, CEO stated “these drilling results show the consistency of mineralization along the contacts of the Bermejal intrusive and sill. Infill holes are tightening up the drill hole spacing and will enable an upgrade of the resource classification. These holes are also filling in gaps in the resource model which, when combined with the step-out holes, will increase the overall mineral resource. To date, 18 of the 20 holes drilled have intercepted high-grade mineralization – this high success rate also indicates the potential for both the consistency and expansion of the deposit. In addition to the drilling program, Leagold is also progressing with engineering studies in preparation for underground development. Work to date confirms that Bermejal is a valuable mine development project that will enhance production and extend mine life at Los Filos”.

“Platosa is dry,” stated Brendan Cahill, President and Chief Executive Officer. “The completion of the optimization plan at Platosa marks a significant milestone in Platosa’s history and we now have a system fully implemented to eliminate the major bottleneck on production going forward. With dry operating conditions, our immediate goal is a smooth transition to materially higher rates of production and a return to an industry-leading cost profile in the coming quarters.”