Southern Empire Completes Oro Cruz Phase 1 Sonic Drilling of Historical Heap Leach Pads Southern Empire Resources Corp. (Southern Empire;
Southern Empire Completes Oro Cruz Phase 1 Sonic Drilling of Historical Heap Leach Pads
Southern
Empire
Resources
Corp.
(Southern
Empire;
TSX-V:
SMP;
Frankfurt:
5RE;
OTC:
SMPEF)
announces
that
it
has
completed
Phase
1
sonic
drilling
of
the
American
Girl
and
Padre
y
Madre
historical
heap
leach
pads at its Oro Cruz Gold Project in Imperial County, California.
The
sonic
drilling
portion
of
the
Phase
1
program
completed
January
26,
2021
with
20
holes
drilled
(ten
holes
each
on
the
American
Girl
and
Padre
y
Madre
historical
heap
leach
pads)
for
a
total
of
318.8
metres
(m;
1,046
feet).
Additional
details
of
this
program
are
available
in
Southern
Empire
news
releases
dated:
November
17,
2020
and
January
13,
2021.
The
drilling
of
the
Padre
y
Madre
heap
was
reduced
from
17
holes
to
10
during
this
phase
of
work
to
accommodate
unforeseen
issues
relating
to
levelling
the
sites
and
shallow depth limitations, both issues that can be easily resolved in subsequent, planned drill programs.
Sonic drill rig of Yellow Jacket Drilling Services, LLC on the American Girl historical heap leach pad
(hole AGS-01)
Samples
are
currently
being
prepared
for
shipment
to
Saskatchewan
Research
Council
in
Saskatoon,
Canada
for
assay
and
geochemical
analysis.
Duplicate
samples
from
two
holes
(one
each
from
American
Girl
and
Padre y Madre) are being sent for environmental chemical screen analysis to SVL Analytical, Inc. in Arizona.
TSX-V: SMP
Frankfurt: 5RE
OTC: SMPEF
News Release
January 28
th
, 2021
Qualified Person
The
scientific
and
technical
information
contained
in
this
news
release
has
been
prepared,
reviewed
and
approved
by
David
Tupper,
P.Geo.
(British
Columbia),
Southern
Empire's
VP
Exploration
and
a
Qualified
Person
(QP)
within
the
context
of
Canadian
Securities
Administrators'
National
Instrument
43-101;
Standards of Disclosure for Mineral Projects (NI 43-101).
About Southern Empire Resources Corp.
Southern
Empire
is
focused
on
the
acquisition,
exploration
and
development
of
gold
deposits
in
North
America.
In
the
Cargo
Muchacho
mountains
of
Imperial
County,
California,
Southern
Empire
owns
100
per
cent
of
the
historical
gold-producing
American
Girl
mine
property
and
also
holds
options
to
acquire
a
100-per-cent
interest
in
the
adjacent
2,160-hectare
(5,338-acre)
Oro
Cruz
property
located
approximately
22.5
kilometres
(14 miles) southeast of the operating Mesquite gold mine of Equinox Gold Corp.
At
Oro
Cruz,
extensive
historical
drilling
and
large-scale
open-pit
and
underground
mining
of
the
American
Girl,
Padre
y
Madre,
Queen
and
Cross
oxide
gold
deposits
by
the
American
Girl
Mining
Joint
Venture
(AGMJV;
ultimately
owned
53
per
cent
by
MK
Gold
Company
and
47
per
cent
by
Hecla
Mining
Company)
occurred
between
1987
and
1996.
At
that
time,
gold
was
recovered
by
either
heap
leaching
of
lower-grade
or
milling
of
higher-grade
ores
until
AGMJV
operations
ceased
in
late
1996
because
of
declining
gold
prices
leaving
the
Oro
Cruz
Gold
Project
with
many
gold
exploration
targets
in
addition
to
the
historical
inferred
resource
estimate,
reported
In
2011
by
Lincoln
Mining
Corp.,
totalling
341,800
ounces
gold
based
on
4,386,000
tonnes
averaging
2.2
grams
gold
per
tonne
at
a
cut-off
grade
of
0.68
g/t
Au
(4,835,000
tons
at
0.07
ounce
gold
per
ton; please refer to the
Cautionary Notice Regarding Historical Resource Estimate below)
.
Southern
Empire
is
well
financed,
having
completed
two
oversubscribed,
non-brokered
private
placement
financings
during
2020;
see
Southern
Empire's
news
releases
dated
March
18
and
June
12,
2020,
for
details.
With
its
strong
working
capital
position,
which
also
includes
a
significant
equity
holding
in
Bullfrog
Gold
Corp.,
Southern
Empire
has
the
financial
resources
to
continue
exploration
and
development
programs
at
Oro Cruz and consider new opportunities.
On behalf of the Board of Directors of Southern Empire Resources Corp.,
Dale Wallster, CEO and Director
For
further
information
on
Southern
Empire
please
visit
both
www.smp.gold
and
SEDAR
or
contact:
Lubica Keighery, (778) 889-5476,
.
Cautionary Notice on Forward-Looking Information
Information
provided
in
this
news
release
may
contain
forward-looking
information
or
forward-looking
statements
that
are
based
on
assumptions
as
of
the
date
of
this
news
release.
Such
information
or
statements
reflect
management’s
current
estimates,
beliefs,
intentions
and
expectations
and
are
not
guarantees
of
future
performance.
Southern
Empire
cautions
that
all
forward-looking
statements
are
inherently
uncertain
and
that
actual
performance
may
be
affected
by
a
number
of
material
factors,
many
of
which
are
beyond
its
respective
control.
Such
factors
include,
among
other
things:
risks
and
uncertainties
relating
to
Southern
Empire
limited
operating
history,
the
need
to
comply
with
environmental
and
governmental
regulations,
results
of
exploration
programs
on
its
projects
and
those
risks
and
uncertainties
identified
in
its
annual
and
interim
financial
statements
and
management
discussion
and
analysis.
Accordingly,
actual
and
future
events,
conditions
and
results
may
differ
materially
from
the
estimates,
beliefs,
intentions
and
expectations
expressed
or
implied
in
the
forward-looking
information.
Except
as
required
under
applicable
securities
legislation,
Southern
Empire
undertakes
no
obligation
to
publicly
update
or revise forward-looking information.
Cautionary Notice Regarding Historical Resource Estimate
The
historical
resource
estimate
outlined
above
is
disclosed
in
a
technical
report
dated
April
29,
2011,
prepared
for
Lincoln
Mining
Corp.
by
Tetra
Tech,
Inc.
and
filed
on
Canadian
Securities
Administrators'
System
for
Electronic
Document
Analysis
and
Retrieval
(SEDAR).
It
is
termed
an
inferred
mineral
resource,
which
is
a
category
set
out
in
NI
43-101.
It
was
based
on
historical
reverse
circulation
and
core
drill
hole
sample,
underground
channel
sample,
and
blasthole
sample
assay
results
and
calculated
using
ordinary
kriging
to
estimate
gold
grades
in
10-foot-by-10-foot-by-five-foot
blocks.
Accordingly,
Southern
Empire
considers
this
historical
estimate
reliable
as
well
as
relevant
as
it
represents
key
targets
for
future
exploration
work.
However,
a
QP
has
not
done
sufficient
work
to
verify
or
classify
the
historical
estimate
as
a
current
mineral
resource
and
Southern
Empire
is
not
treating
this
historical
estimate
as
current
mineral
resources.
Work Programs During the COVID-19 Pandemic
Timing
of
Southern
Empire's
exploration
programs
will
be
contingent
on
governmental
regulations
regarding
the
COVID-19
pandemic
and
also
the
availability
of
exploration-related
personnel,
drill
contractors,
equipment,
lodging,
et
cetera.
Southern
Empire
will
adhere
to
COVID-19
directives
regarding
safe
working
practices
putting
worker,
community
and
national
safety
first
and
will
proceed
with
exploration
and
development work programs only if potential COVID-19 risks can be effectively managed.
Neither
the
TSX
Venture
Exchange
nor
its
Regulation
Services
Provider
(as
that
term
is
defined
in
the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.